Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

War On Cash: Australia Considering Chipping Senior’s Money To Stop Them From Saving

Currencies / War on Cash Jul 09, 2017 - 02:19 PM GMT

By: Jeff_Berwick

Currencies

Ten years ago I wrote on my personal travel blog, “Australia sucks”. In it I detailed, “Australia seems to have more rules than any other country on the planet I have visited. There are signs outlining rules everywhere. I was even on a street that had a street-sign denoting that particular street as being an alcohol-free street. No alcohol is allowed to be consumed or even carried on that street?? I presume that even includes inside the houses on that street by the way it was written!”


I haven’t been back to Australia for years for this exact reason. It is one of the most oppressive countries in the world.

So, it actually comes as no surprise to hear that the Australian government is considering putting tiny identification chips in its $100 bills to track them and to stop people from avoiding extortion and “pensioners hoarding the money”.

This is according to a government agency that is actually, really called the “Black Economy Taskforce”.

The “black economy” or “black market” is a pejorative for the more accurate term, the “free” market. The enemies of freedom have to make it sound as bad as possible to get people to believe that by them stomping out the free market, they are helping out Australians. It’s the same reason they always like to make the word anarchy sound as bad possible. People need to fear freedom or they won’t want to be enslaved anymore.

The Black Economy Taskforce says that older Australians were hiding the notes to avoid the “government benefits assets test.”

This is why the government being involved in ANYTHING becomes incredibly evil incredibly quickly.

Since the Australian government is extorting their tax slaves for their entire lives and then paying back some of it to them later as a pension AND won’t actually pay it back if you have managed to prosper fairly well despite being extorted your whole life… then, well, the government needs to track every single thing you do to make sure you don’t “cheat” the system that has been cheating you your entire life.

Here were some commenters on Nine News Facebook post (thanks to bitsonline.com for the image):

Of course, there are always the heavily indoctrinated slaves who actually defend the very system that enslaves them, like the last commenter who makes a new, ridiculous definition of the term “hoarding” by saying it is “hoarding when they’re purposely hiding it from the assets test”.

Luckily, a few people in Australia are still awake enough to see what a joke this is as the rest of the commenters mocked it. The top commenter nailed it on the head by pointing out there is another word for “hoarding”. It’s called saving.

But, Keynesian central banks and tyrannical governments don’t want anyone to do something silly like saving money.

Of course, the real reason for wanting to track all cash transactions is so that the criminal government can take a cut off of everyone’s hard earned work.

The criminal Black Economy Taskforce, whose employees should all be shot, says it right on their website:

“Activities that take place in the black economy reduce the amount of tax revenue governments are able to collect. The black economy undermines the integrity of our tax system, penalizes taxpayers who do the right thing and, if unchecked, can foster a damaging culture of non-compliance in the community.”

The free market undermines the integrity of their tax system, does it? A “tax system” has no integrity. Taxation is theft. Why haven’t these people been shot yet?

This latest idea of “chipping” the fiat plastic money comes just after the Australian government announced in December it would “review” the $100 bill’s existence and are considering demonetizing it like they did in India.

So, it’s clear, the Australian government is working night and day to try to make sure every transaction made on the continent is tracked and extorted. Funny, they say Australia was started as a prison where English criminals were sent.

Today it is a prison where you don’t even have to go anywhere and everyone is enslaved.

Given this is going on everywhere in the world currently, it’s really no wonder that bitcoin is skyrocketing. And other altcoins that are even much, much harder (impossible) to track.

Cryptocurrencies are really the last option for those who don’t want to be completely enslaved and extorted.

If you still don’t understand why cryptocurrencies are so important, please check out my free four-video webinar HERE. I’ll even send you your first $50 in bitcoin if you accept our offer at the end of the videos.

If you know anyone in Australia please forward them this information. But, even if you are lucky enough to not live in the outdoor prison called Australia, the War on Cash is a worldwide attack on humanity by the Zionist Rothschild banking cartel and will be coming to a country near you soon.

Make sure to trade their fiat scrip for some gold, silver and bitcoin before it is too late.

Anarcho-Capitalist.  Libertarian.  Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks.  Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast.  Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.

© 2017 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Jeff Berwick Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in