Tag Archives: war on cash

Update on the War on Cash: Australia Moving to Cashless Society? How About New Zealand?

Update on the War on Cash_ Australia Going Cashless_ + RBNZ on Digital Currency

We’ve written extensively on the war on cash over the past few years. (Here’s a full list of the topics we’ve covered: https://goldsurvivalguide.co.nz/tag/war-on-cash/). Now here’s the latest on the moves toward a cashless society down under…   Is Australia Going Cashless? Hidden in the 2018 Australian Government budget was a plan to save $5.3 billion […]

Is the RBNZ Preparing to Scrap the New Zealand $100 Note?

Is the RBNZ Preparing to Scrap the New Zealand $100 Note?

Over the years we’ve reported on the war on cash and how various countries have been removing high denomination notes. Here’s some evidence that the Reserve Bank may be preparing to scrap the New Zealand $100 note. This would be the biggest step in the war on cash in New Zealand to date.   Last week […]

All $10,000 Cash Transactions and $1,000 International Transfers Now Reported to N.Z. Police

All $10,000 Cash Transactions and $1,000 International Transfers Now Reported to N.Z. Police

Last March we wrote about the upcoming changes in financial reporting requirements in New Zealand. New Banking rules set to come into force in November will mean any cash transactions over $10,000 will have to be reported to police by New Zealand banks. On top of this banks will also have to alert the Police […]

The Chicago Plan: The Final Assault in the War on Cash

The Chicago Plan_ The Final Assault in the War on Cash

We’ve been covering the War on Cash for years. Earlier today we reported on what central banks are up to in regards to central bank issued digital currencies. Just the latest step in the path to a cashless society. Bill Bonner Letter coauthors Bill Bonner and Dan Denning have also been connecting the dots on this […]

RBNZ on Central Bank Digital Currency and Negative Interest Rates

RBNZ on Central Bank Digital Currencies and Negative Interest Rates

The RBNZ today released another article on digital currencies, this time looking at the pros and cons of a central bank issuing a digital currency. The article focuses on how a public digital currency might affect four key central bank functions: Currency distribution Payments Monetary stability Financial stability The article makes 6 assumptions in looking […]

RBNZ Cryptocurrency to Replace NZ Physical Currency with a Digital Alternative?

In researching another topic we stumbled across a report from the Reserve Bank of New Zealand (RBNZ)  on cryptocurrencies. We missed it back in November. It was titled: Crypto-currencies – An introduction to not-so-funny moneys It’s actually not a bad primer on cryptocurrencies for the uninitiated. The conclusion indicates that perhaps the RBNZ is not […]

Another sign of De-Dollarisation

  This Week: 12 Reasons Why Gold and Silver Will Rise in 2018 The Stealth Rally in Gold Continues Why Does Gold Demand Remain Strong in the East? We’re “in the News”: Downside of Going Cashless Prices and Charts Looking to sell your gold and silver?Visit this page for more information Buying Back 1oz NZ […]

Visa Ups the War on Cash + How Governments Can Kill Cash

Visa Ups the War on Cash Following on from last weeks report on the expanding war on cash down under, the latest news is that credit card processor Visa and other payment networks want to abolish cash and cheques that compete with their credit and debit cards. In the USA, the card companies are offering thousands […]

How to Create More Freedom Now With These Three Steps

Last week we commented on the next possible direction of the expanding war on cash down under. We highlighted a couple of possible steps to follow with a view to protecting yourself from an expected continuation of the war on cash.  Over the weekend, Simon Black of Sovereign Man wrote from a similar perspective but […]

War on Cash Down Under Expands – Nano-Chips to Track A$100 Notes?

We’ve been writing extensively on the war on cash over the past couple of years. Particularly in relation to what is and may be happening in Australia and New Zealand on this front. In case you’ve not kept up there’s a selection of recent articles further down the page below. But the overriding theme has […]