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CASH BAN BILL IN AUSTRALIA ABANDONED

Last Monday this week I blogged about that story from Great Britain that about 50 billion pounds in banknotes has "disappeared" as people appear to be hoarding the notes. There's another story that's cash related, coming from the opposite end of the Commonwealth: Australia. This article was shared by J.D., and it's worth pondering in the light of my speculations in last Monday's blog that what we may be watching is a response to Mr. Globaloney's drive for a "cashless" society. Here's the article that J.D. passed along:

Law to ban cash for purchases of $10,000 or more abandoned, but don't be surprised if it's revived

Like the British banknote story, the covid planscamdemic appears again as the "reason" being offered for the defeat of a Bill in the Australian parliament to ban cash transactions for amounts greater than Au$10,o00. However, more interestingly, a political reason unrelated to the planscamdemic is also offered:

The Government had said the delay in bringing it forward was due to them prioritising the emergency economic response to the COVID-19 pandemic.

But it's also likely the law's demise had something to do with the fury that swept across the Liberal party's core membership base — and among a number of federal MPs, who described it as "antithetical" to the party's values.

Despite a series of amendments, the Federal Government faced the prospect of Liberal senators rejecting the proposed law in the Senate.

...

Restaurants and retailers have been encouraging their customers to use electronic payments to slow the spread of coronavirus through physical contact.

There's no evidence that transmission of the virus via banknotes is any greater than transmission via other frequently touched objects, such as credit card terminals or PIN pads (since all would have to be properly disinfected to prevent the virus spreading).

The real concern, however, appears to be what we already know: a "cashless" society plays into the hands of Mr. Globaloney and Mr. Central Bankster, and infringes upon people's natural rights:

On the other side of the political spectrum, the Greens are also celebrating the defeat of the cash ban.

While a Senate inquiry had given the proposed legislation the thumbs up, the Greens had put forward a dissenting report raising concerns the law would restrict people's civil liberties.

"If this Government is serious about money laundering, then it should go after the big players and bring forward legislation to make lawyers, accountants and real estate agents report to AUSTRAC, which was first promised in 2006.

The article also mentions that Australians were also  hoarding cash during the planscamdemic. That insight invalidates the alleged corona virus concerns that paper money could be a vector of transmission. WHy would people hoard a vector of transmission? They wouldn't. So why hoard it?

As I speculated in Monday's blog, is not about hoarding a store of value, but about hoarding a store of a transaction medium that cannot be "adjusted" by the whims of a government or a bank. To be sure, governments and banks manipulate the value of currencies. But once things become digital, that manipulation can occur in a matter of seconds, and with social monitoring and surveillance, that manipulation can be done on a person-to-person basis, in effect meaning that a digital currency is not a currency at all, but a "coupon" whose value can be manipulated as a reward or punishment for amenable behavior. My suspicion is that people, without knowing all the ins and outs of so called digital currencies, sense this problem.

And if they sense it, then hoarding their respective countries' paper currency and coinage makes eminent sense if one wants a physical medium of exchange for transactions. In fact, we may perhaps form an "economic law": the more the push for greater cashlessness, the greater the hoarding, and the more the move to digital, the more a physical medium of exchange will have real value as a medium of transaction. I've been arguing this point in a few of the last quarterly wrap-ups with Catherine Austin Fitts on her Solari wrap ups, and it looks like we might be seeing the initial signs of confirmation.

Time will tell.

See you on the flip side...

 

 

42 thoughts on “CASH BAN BILL IN AUSTRALIA ABANDONED”

  1. “blogged about that story from Great Britain that about 50 billion pounds in banknotes has “disappeared”
    Anybody look under Beth’s bed?

  2. The Australian Treasurer’s home state party conference (Victoria) supported a motion by 97% to oppose this bill. He had no choice, he is already under fire in his home state for signing up fake members and trying to subvert preselections. An independent audit report of potential criminal behavior will be coming out before Christmas.

  3. https://twitter.com/Thomas_Binder/status/1335694967147204612
    The corona swindle is based on 3 axioms:

    (1) Everybody is tested (on one respiratory virus only).

    (2) RT-PCR-Test / Ct >35 pos. = infected / sick / deceased with / from COVID.

    (3) A respiratory virus can be contained.

    All 3 are WRONG -> House of Cards is falling.

    8/10

    Corona swindle is done.

    I studied medicine, received my doctorate in immunology & virology, specialised in internal medicine/ cardiology, have 32y of experience in diagnostics/ therapy of ARI & am reminded of 2009 by the appearance of a “new virus”.

    PCR is not a test but a D/RNA copying machine. With enough cycles (Ct > 30 is nonsense) it finds almost anything in almost anybody.
    In 2009 they had learned that the number of infected, sick and deceased may not be left to the virus but must be controlled.

    https://www.youtube.com/watch?v=lR3pXGQ_tqI

    Profiteers of Fear – The business with Swine Flu

    1. ZDB: Now I know to listen far more carefully to what you might have to say on these issues. I’ve never ignored your posts, but this gives me greater incentive. From what you have said in this blog alone gives me room for pause to reflect. Do you have any idea how many of your peers view the issues you propose here in similar fashion. I know you are not alone–but you and Dr. Innanidis are in the minority. (And if I misspelled the good docs name, kindly forgive. I’m in a rush and don’t have time to fact-check.) Kind regards.

      1. Agree. Thx for this info…

        Good on you.

        Did ZDB mean to use the word “deceased” (re: counts) in the final sentence, I wonder?

        Sometimes I am too literal and miss an innuendo here and there.

    2. maybe they should do it like Cinderalla’s shoe matching quest for the holy fitting foot… there must be somebody out there who does not have Corona with a > 35 CT PCR Test..
      After COVAX 2021, In the land of the infertile women, the fertile woman is queen (bee, and a busy one at that, Children of Men movie). (Vernon Coleman on brandnewtube.com is worth listening too too, he would make a good Santa Clause, https://brandnewtube.com/watch/is-this-the-last-christmas-they-039-ll-let-us-have_HKmeZPHAV9BDihS.html).
      Disclaimer, I am not a doctor and therefore do not have blanket immunity from anything, so sue me.

  4. Dear Human Race,
    You have three groups.
    A. You are in denial ..most of you..the sad story of victimhood at the hands of co-species members is too painful.
    B. Others are in some fear, but are brave and watch what is happening.
    C. Others face the possibility of near-wipe out of humankind and are leaving a dying situation to make tiny attempts to erect something new.. all they can do.
    Many belong to group B. and C.

    1. The bus, mentioned below is to be hidden by trees on 15 acres of land dedicated to be a post-patriarchal system. No more patriarchal church and state here. Everybody, if I can find the people, will be growing food, feasting and caring, writing our own constitution and each sworn to honor the human ability to create personal spiritual covenant between the land, plants, animals humans and the God within.

      1. Used to drive school bus. A real bus. With real kids. Hilarious kids. My one rule. Be nice. Hasn’t failed me yet. Stopped driving when they converted us into food bank drivers. Loved it. All the incremental rights violated to all of us was too much. Like CAF said, there are some things worse than death.

  5. The Basic Sharable Experience

    He/she who has an ample piece of land has primal building blocks for sharing

    Growing harvesting then cooking and feasting together

    Over time growing emotional feeling soror adept learning to bond

    Copy American indian tribe all of whom made their very own constitution for mental interactions

    Sun-fire and as well, human spirit-fire, lofty atmosphere and inner atmosphere of shared thought, shared feeling like oceans in the air raining down, earth beneath your feet and inner earth digestive process,

    The building blocks of creation Express in tier after tier of 3D becoming.

    Monetary-exchange-fluidity alone, leaves the human a bankrupt entity, poor in at least 3/4 of his divine being-ness

      1. Thanks Sandygirl. I believe we are at the end of a culture that is extremely left-brained. We see things through the vehicle of verbal and mathematical pieces parts and have forgotten how much there is a basic elemental wholeness we have lost sight of.
        Our institutions and culture and the way we interact with life is ruled by a highly refined verbal symbolism, but exquisite symbols can be used to find a greater harmony or a greater fragmentation.

        1. I can easily go watch another low vibration video or look out at the beautiful view with the slow falling snow.
          I’ll be changing frequencies right now and will tune into earth for awhile, not my computer. Thanks!

          1. Looking at snow. Tiny gems of frozen water that can sparkle in the sun. Oh yeah!

            You got me thinking. I just bought an old bus. I drove it home and then panicked. Why did I do this?
            A few days later I went out and started it. Grey winter sun was a hush of beauty. Trees’ strange alive arms angled wildly. I turned the key!
            A rumble like a purring dragon resounded. Various colored lights sparkled. Oh God!
            I always thought big yellow buses were ugly. But I was inside the bus looking out. The advancing night became the firmament. The bus became the Enterprise.
            I am keeping the bus!

        2. The great fragmentation of our current patriarchal culture has made us forget what earlier societies knew. i.e. that Creation has a vital living nature. Her body, like ours, has basic characteristic parts. And if these are not honored and if we do interact with Nature’s characteristics in mind, then chaos results.

  6. C’mon people. Brainstorm here. Be practical. What does smart money do in prison?

    Doc, for trade do you favor Marlboro or Camel? obviously unfiltered, right? Also, what about papers and leaf? How trade-able is that? Brands suggested?

    Um, as ironical as this might sound, it’s not humorous nor intended to be. Sorry folks. That’s what comes of rereading Solzhenitsyn during a plandemic.

    1. ZDB: I don’t use tobacco, but the only way to consume it is the same way the Native Americans did it. You harvest it, dry it then consume it. One should never trust the tobacco industry. In its purest form nicotine, in large quantities, is not good for the human body. But it is far less lethal as many of the chemicals used to enhance it are carcinogenic.

  7. If the increased push toward digital leads to increased hoarding and that leads to greater value of the physical currency, what happens when the authoritays force (as in physical force) the shift to digital. Did Modi and friends run up the value of their small bills before declaring them worthless? Wasn’t it Roosevelt that declared gold and silver illegal to own? Wonder if they worked to run up the price first.

  8. Cash this, cash that, not much of a numismatist or into numismatics yet one of the things about cash verses a digital currency is that cash can be transacted without as big of a digital signature, if any. There may be an initial withdrawal or multiple withdrawals from several sources in place well in advance but not necessarily tracked in real time as a digital transaction. Passwords and encryption might be fancy and difficult to hack but they leave electronic signatures.

    Mercenaries of varied stripe often work for cash in smaller dimensions. They’re not usually interested in how well-lit an ATM might be for deposits as they’re not likely to be a model resident when paid for a job. Those “soldiers,” of retaliation, as one congressperson let out, for instance. Cash can be transacted with little question about who printed it or what financial institution it was temporarily held before its withdrawal. The sorts of things of the nefarious kind. It’s universal that way, especially, for those in positions of access and distribution. It’s likely that many business-oriented folk from their shaded perches joined in and coaxed at least a temporary delay in the ban proposal. Besides, not everyone starts out with a bank account, credit balance, or excellent credit ratings for an immediately assigned balance to run up at the local teller or merchant. Imposing those needed capabilities sounds easy but the dynamics of it seem oriented to the big metropolitan areas for now. In some ways it’s worse than imposing high taxation without adequate representation not to mention electron speed monetary grabs by the criminally bent.

    Then there are those folks of a Party north of that disputed sea that like using easy cash handouts to coerce and bribe with as it can go beyond borders without an immediate electronic trail, sit for a while, and slowly get redistributed. It wasn’t to long ago that there were various denomination bills that had an awkward printing about them that wasn’t quite right. Great for the numismatists with an eye for collecting unique currencies. Generally speaking, the broader discipline of managing payment media between large swathes of land parcels is going to take awhile longer to get the details straightened out a bit more to resolve debts and exchange goods for cash or that electronic stuff. That’s going to need a reliable power grid that’s not out of control.

    There’s the possibility that an older and tried barter system might get back into use as the ancients once used where there was real value in what was seen to be traded. Cocoa beans and cowry shells may not work anymore or as well as they did but craftsmen of many talents would certainly lead the way with equitable agreements in the town markets. It’s just a matter of what’s needed or in demand.

    1. theres a thought, digital, or ex digital tally sticks… used in England a while back, a stick was cut with a zig zag pattern and then joined by the two parties to prove the contract.. but with discarded tasking spying iphones and tablets. a hydraulic press with a randomised zig zag cut down the middle of the things should do it. no further batteries required

  9. A cashless society would be a swindler’s wet dream at least with cash you know how much you’re spending when you buy. And do these dingdongs understand commerce I think not since what they sell is by in large selling junk and are into stealing and calling it free trade. Trade is barter and both sides want something and want satisfaction with the exchange. A cashless society smells of control, greed, and slavery.

  10. As a proud Aussie with an acreage level (problem?) of spreading bamboo and camfor laurels (Chinese glory boxes), I am offering myself up as a candidate if China wants to send me as much cash as I can handle to help spread the horrible deadly ‘we are all gunna die’ now Corona Killer that is so deadly that people would surely accept false positives to a HIV test (not that the PCR test has any false positives whatsoever).
    sorry for the sarcasm and logic.
    https://www.abc.net.au/news/2020-12-11/no-homegrown-covid-vaccine-but-csl-inoculated-against-failure/12974468
    “Some participants in the UQ clinical trials of a COVID-19 vaccine returned what are called false positive test results for HIV. (Importantly, the participants did not develop HIV or any of its symptoms, but in tests for disease they returned results that incorrectly looked positive for it).”
    Ironic that Kary Mullins (‘dont use the PCR test to test for viruses’) also thought that AIDS was not from HIV.

    you can always trust the fact checkers with their fact free debunking of Chinese/Russian/Republican generated conspiracy theories.
    https://www.abc.net.au/news/2020-12-11/coronacheck-flyer-dropped-in-letterbox-chris-bowen-mp/12971456

  11. “A bridge too far…”

    (It is interesting how Australia seems to be the ‘test nation’ for Cabal/TPTB/SPMotU/Phoenician Navy trial balloons. If it ‘takes’ there, watch-out world…)

    1. OZ, NZ, UK, Canada, India–all seem to be test nations. If you see something Orwellian implemented in any of them, you can be sure it’s coming to a country near you (if the Klaus Schwabs of this world get their way). What’s that, Mr. Modi? No more cash? Electronic health cards for all…?

  12. Remember Bill Gates and Modi doing the digital cash experiment live in India? At least in that case, all can see where one is being the targeted as a globalized NWO guinea pig; all can see: that’s coming for them tomorrow.
    If not; then, en masse like covid1984.
    [Oh, fancy that – The Gates of Hell again?]

    But when looking at Australia, one should consider China. I mean; if the USA becomes the USSA due to China, what chance does Australia have?
    If any NWO measure is defeated; the press choir begins singing endless hymns of passing propaganda. Defeated again? Begin to mix & rinse the washing & spinning news cycle again & again, ad nauseum.
    Until the propaganda agenda is passed.

    If Australia is concerned about money laundering, it should go after the big players? Of course, that would be the CIA, the triads, MI6, and those high & mighty in the Australian government.

    Remember China’s social credit system?
    Cure?
    Cash is King & Queen.
    Everyone, well the 99%er’s, are against the less than 1% NWO.
    All the 99%ers need to do; is stop giving their assent in NWO policies.
    Cold Turkey on NWO policies.
    Now’s here’s a fiver on the NWO
    crashing and burning.
    Yea? I see your 5 and raise you….
    Make it a National Sport on betting against
    the NWO[read China] controlling Australia.

  13. “All roads lead to London” and the British Empire, with Lord Molloch Brown who held many senior positions on the U.N. The video explains the history of the privy council, rule by corporations, the Pilgrim society and more.
    Also Mick Romney’s Bain Capital bought HeartIntercivic, (spelling) a spin-off of smartmatic voting machines in 2010. https://m.youtube.com/watch?v=Lu6nsMHZAdI

    1. Will Smaug lose their lair as well as grip ? Or has heshe realized stolen revenue streams (think USAID for one) based on hard currency and tax dollars have now all but disappeared and made the mattress flat. Pay to play, drug, slave, & secret(shuns) operatives still only serve the King as cash. Seems bean counters may be able to record but they have never actually created. Without full guinea pouches, and caravans to plunder, Smaug is now smelling their own rotting ‘vapours’ .. the original ‘stock markets’ / Wall Streets were based on slaves in restraints. Fear, drugs & poisons have historically been used in procuring DUH-minions.

      1. Indeed SC, how would those revenue generating streams like drugs, prostitution and gambling, fare without cash? Ok there are some more digital alternatives , but really, on the street level, if that still counts any longer, that’s gonna take a dive.
        Digital alternatives will blow anonymnity and leave punters open to social credit/blackmail sanctions of course, so everyone wins!!

    2. It is curious that Leader Technologies software suffered the same fate as PROMIS software. Something of a connection matrix would be very interesting. Kind of a stage 2.0 in intellectual property theft including subversion & extortion of all 3 branches of gubberment.

      1. Speaking of Promis I think it’s in its 3rd generation by now. The first generation was written in COBOL–which was a huge problem. For it to be effective in an ANSI X.12 transaction world, it needed to migrate platforms to something that was C based. 2nd generation was probably there using some MS-DOS environment, then migrated to Unix concurrently or shortly thereafter. That seems to me to be the best “migration” path for the software–but it is strictly a guess.

      2. As a matter of fact it may be in the 4th, 5th or 6th interation by now–and hardly anything like it’s initial version. Standard transaction sets would and internet traffic would have mandated expansion.

  14. The only thing propping up the US dollar is we the peoples faith that we can use it to purchase items. That faith has been reinforced by a lifetime of consumer worship courtesy of the global elite, the MSM, and daily commercials on the idiot box. They will have to intentionally crash the global economy in order to destroy that faith. This will be another “benefit” of the scandemic; it will topple all the dominoes in the global “just in time” delivery systems.

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