Armstrong Economics – by Martin Armstrong
In Australia, they want to make it a criminal act with a penalty of 2 years in prison for purchasing anything with more than $10,000 in cash. Australia is really going off the deep end. They are desperately trying to eliminate all cash and are forcing people to have only bank accounts so they can tax them as they like. This ensures that when there are bank failures, they can just confiscate the people’s money to save the bankers. Australia began as a penal colony, and they seem to retain that idea that the people are really criminals in their minds and are not entitled to their own assets. This also explains why non-Americans are starting to hoard US currency around the world. Continue reading “Australia Wants Two-Year Prison Sentences for Paying More Than $10,000 in Cash”

