Monday, November 23, 2020

Tag: The Real Reason for the Shocking New Developments in the War on Cash

The Real Reason for the Shocking New Developments in the War on Cash

by Doug Casey, International Man:

International Man: Australia has proposed a law that provides a $25,000 fine and two years in jail for those who make cash transactions of $10,000 or more. If passed, the Currency (Restrictions on the Use of Cash) Bill could be implemented in 2020.

Do you see this legislation as Orwellian?

Jeff Thomas: Oh, yes, very much so. The claim by the Australian government’s Black Economy Taskforce is that the law will help stamp out tax evasion, money laundering and other crimes.