THE Reserve Bank is asking the Federal Government to embark on a massive infrastructure program.
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The reason is to stimulate money supply flowing through your hands.
This would make you want to buy things and stimulate demand.
The government doesn't want to. It is busy trying to get a Bill passed making it illegal for you to deal in cash, saying it's to eliminate the black economy.
You know, like the backyard cottage industry and similar criminals.
IN OTHER NEWS AROUND BATHURST:
You'd be right to ask: "How do drug cartels move millions of dollars without the help of our banks?" Well, the Royal Commission on Banks sorted that, I think.
So why does the government want to make cash transactions illegal?
The simple answer is to steal your money.
Australia, like the rest of the world, is heading towards negative interest rates.
This means that if all cash is in the banking system with negative interest rates, you will be paying for this privilege. This will also apply to superannuation funds.
You may want any money that you have in the precious metals, like gold and silver.
