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

By Jeff Berwick.

 

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 euphemism for the free market. They 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.

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