While Australian people and businesses are being understandably cautious about handling cash in this pandemic, the rumours that the World Health Organisation (WHO) warned against using cash are false and risk creating a false sense of security abo
Across Australia people are trying to pull their savings from banks. So far it is a slow, silent “run”, not enough to be a systemic threat with crowds gathering outside of bank branches. But it is accelerating.
The Labor Party now owns the cash ban law. They have “Albowed” Morrison and the government aside to take charge of the law that, stripped to its essence, will jail Australians for not using banks.
Valentine’s Day last week was the second anniversary of the government ramming through its “bail-in” law to steal deposits for propping up failing banks.
STOP PRESS: Morrison blinks on cash ban! The Morrison government has delayed the Senate report on the cash ban, originally due tomorrow, until 28 February to consider the evidence.
