We look at the issue of negative interest rates and the New Zealand Reserve Bank comments.
Imagine a mortgage that pays you! Its already happening in Scandinavia.
Tag: War On Cash
Don’t Believe the Establishment’s Cash Ban Lies and Propaganda [Podcast]
Economist John Adams And Analyst Martin North look more deeply into the connection between the attempt to limit cash transactions and the imposition of negative interest rates. Despite what the MSM are saying there is a direct connection. In fact negative interest rates cannot work as planned if cash is freely in circulation.
We cite the links and describe the impact. The deadline for submissions to stop the cash ban is 12 August 2019.
Make your views know to our “elected representatives.” Email: blackeconomy@treasury.gov.au with the subject line:
Submission: Exposure Draft—Currency (Restrictions on the Use of Cash) Bill 2019
As we discussed before, the real agenda is all about negative interest rates and extreme monetary policy, as prescribed by the IMF.
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Adams/North: Negative Interest Rates And The Cash Ban Are Definitively Linked
Economist John Adams And Analyst Martin North look more deeply into the connection between the attempt to limit cash transactions and the imposition of negative interest rates.
Despite what the MSM are saying there is a direct connection. In fact negative interest rates cannot work as planned if cash is freely in circulation. We cite the links and describe the impact.
The deadline for submissions to stop the cash ban is 12 August 2019. Make your views know to our “elected representatives.”
Email: blackeconomy@treasury.gov.au with the subject line: Submission: Exposure Draft—Currency (Restrictions on the Use of Cash) Bill 2019
As we discussed before, the real agenda is all about negative interest rates and extreme monetary policy, as prescribed by the IMF. This represents a significant curtailment of civil liberties, and more. We have just a few more days to respond.
https://www.imf.org/en/Publications/WP/Issues/2019/04/29/Enabling-Deep-Negative-Rates-A-Guide-46598
https://www.adamseconomics.com/post/the-new-global-push-for-negative-nominal-interest-rates
12 August Is The Deadline!
A quick reminder that the draft legislation relating to the restrictions on cash transactions which the Treasury released for comment recently, and was the subject of our recent shows, has a deadline of Monday 12th August.
Email: blackeconomy@treasury.gov.au with the subject line:
Submission: Exposure Draft—Currency (Restrictions on the Use of Cash) Bill 2019
This bill proves the necessary preparations for negative interest rates in Australia, meaning money in the bank could cost savers!
There is a clear link between the restrictions on cash holding and cash transactions and negative interest rates. Indeed, the IMF, and other organizations admit that without such cash restrictions, negative interest rates, (perhaps as low as 4%!) will not be effective.
One of our viewers prepared a brief flier which he hopes may be useful to help raise awareness of this critical issue. Its available here. Share as widely as you can. Remember the deadline is 12th August!
The Real Issues Behind The Cash Ban
I discuss the draft legislation which was released last Friday, after hours, by Treasury, and consider the implications, with Robbie Barwick from the CEC.
Email: blackeconomy@treasury.gov.au with the subject line:
Submission: Exposure Draft—Currency (Restrictions on the Use of Cash) Bill 2019
The Real Issues Behind The Cash Ban [Podcast]
Last Friday the Treasury released a draft bill which would ban cash transactions above $10,000. But I discuss the real story, with the CEC‘s Robbie Barwick. It has more to do with negative interest rates than may first appear.
Email: blackeconomy@treasury.gov.au with the subject line:
Submission: Exposure Draft—Currency (Restrictions on the Use of Cash) Bill 2019
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