EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Brian's Poetry
  Telepathic Messages
  Jess Anthony
  Lucia G
  Targeted Messages
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Vegan Recipes
  Translated Material
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Canal Jess
  Par Candace
  Other Channels
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Translations - Candace
  Translations - Jess
  Translations - Others
  by Candace
  By Jess
  By Others
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

[an error occurred while processing this directive]
Political Information Last Updated: Jan 14, 2020 - 12:07:47 PM

Regulators are pushing us into a cashless world as RBA declares 'a turning point has been reached'
By Nassim Khadem with comments by Ron
Nov 26, 2018 - 4:13:39 PM

Email this article
 Printer friendly page Share/Bookmark


Cash will become a niche payment sooner than we think and cheques will be phased out, says Reserve Bank of Australia governor Philip Lowe, as the Federal Government considers imposing tougher penalties on cash economy activity.

On Monday Mr Lowe told the Australian Payments Summit in Sydney that for some decades people have been speculating that we might one day go cashless, and now it could become a reality.

"It looks like a turning point has been reached. It is now easier than it has been to conceive of a world in which banknotes are used for relatively few payments; that cash becomes a niche payment instrument," Mr Lowe said.

His comments came as Treasury released a discussion paper asking whether the [Ron: privately owned corporation aka the] Australian Taxation Office (ATO) should get greater powers to catch out cash economy cheats. [Ron: Income taxation is contrary to divine law and is therefore UNLAWFUL.].

These include increasing penalties against alleged black economy activity and giving the [Ron: privately owned corporation aka the] ATO easier and direct access to telecommunications metadata.

It might get easier for the ATO to access your private data

The paper suggests the ATO be given access to third-party information, including data from banks, as evidence to prove "low to mid-range black economy criminal offences".

For all criminal matters the ATO currently has to rely on the AFP to issue and execute search warrants on banks and other third-party institutions to gather information on behalf of the [Ron: privately owned] ATO.

It said the Federal Government should consider using tools such as internet scraping — a tactic currently used by German tax authorities to identify potentially high-risk transactions — to gather data and improve its data analytics to monitor black economy activity.

It also calls for reforms to freezing orders. Currently the Proceeds of Crime Act 2002 allows for complete freezing of bank accounts for up to three days and a restraining order is required to extend it.

The paper also suggests giving the [Ron: privately owned] ATO telecommunications metadata such as telephone numbers, name and address details, and itemised call records.

But it notes that doing so "could impact on the privacy of individuals and businesses subject to criminal investigation, as the [Tax] Commissioner would have the powers [?!] to review data not linked to joint AFP investigations".

Call to increase ATO powers to fight black economy

The paper, which is out for consultation until December 21, also suggests "targeted new offences for black economy activities that fill the gaps in the existing enforcement regime" and boosting existing offences and penalties for tax-related crimes. [Ron: Yabba, yabba, Talmudic bullshit, yabba.].

It asks whether the onus of proof — that someone is innocent until proven guilty — should be reversed for serious black economy offences relating to terrorism, drugs and child sex offences.

"This could potentially improve the likelihood of aggressive and serious black economy offences being successfully prosecuted and act as an effective deterrent," it said.

The paper suggests a broader range of sanctions should be adopted, going beyond monetary penalties or criminal sanctions. For example, visa forfeiture and travel bans for individuals, and preclusion from bidding on government procurement contracts for companies.

But it also warns that while financial penalties and criminal proceedings "can be adequate incentives to comply with the tax system, they may not be effective for the entire population".

[Ron: Whereas, IF the Australian economy becomes cashless all that the privately owned ATO would needs to do is "turn off" access to the electronic currency system in order to ELIMINATE anyone it chooses for ANY reason it chooses.].

Electronic payments rise, bank cheques fall

The proposal to increase penalties against cash economy activity comes as Australia moves towards a cashless world.

[Ron: WHY are cash transactions considered to be a CRIME?].

The RBA says Australians now make, on average, nearly 500 electronic payments a year, up from around 100 per year around the turn of the century.

There's also been a decline in the use of cheques — from 45 per person in the mid-1990s to three per person in 2018.

"Given this trend is likely to continue, it will be appropriate at some point to wind up the cheque system, given the high fixed costs involved in operating the system," Mr Lowe said.

"We have not reached that point yet, but it may not be too far away."

Despite the decline in cash use, the value of banknotes on issue, relative to the size of the economy, is close to the highest it has been in 50 years. For every Australian there are currently around thirty $50 and fourteen $100 banknotes on issue.

Mr Lowe said the main explanation is that some people, including non-residents, choose to hold a share of their wealth in Australian banknotes.

RBA supports a 'digital identity'

But overall, the shift to electronic payments that is occurring "makes a lot of sense [Ron for whom?] — it is similar to other aspects of our lives where things that used to be physical have been supplemented with, or replaced by, technology".

"This shift is likely to promote our collective welfare," Mr Lowe said.

[Ron: "likely"? How? What happens if the electronic system breaks down or there is a power failure or access to the electronic system is denied by mistake or for any other reason?].

In this light, a priority for the industry is to progress work on digital identity.

"Digital identity is likely to become increasingly important as more and more activity takes place online," he said.

"The RBA is highly supportive of industry collaboration on this issue and views it as important that substantive progress is made."

[Ron: In effect "money" is used as a socio-political control mechanism. A cashless society is not a moneyless society in which everyone in the community contributes according to ability and as needed, and the community as a whole "owns" the planet's God given resources, which means that, among other things, each community as a whole, takes care of ALL its members and is the responsible guardian and controller of all relevant available physical planetary resources and the technologies, robots, machines and human resources needed to sustain everyone in abundance while preserving the integrity and ecology of the planet. Such societies will develop in due course, once humanity evolves in consciousness and integrity. But unfortunately, we are not there yet. Currently private individuals "OWN" the corporations and governments that "OWN" the planet's physical resources and the factories, technologies, machines and intellectual property etc that CAN produce abundance but they only produce what they require for their own use and benefit, and/or can sell for a profit. As private individuals and their corporations (including governments) currently "own" the resources from which abundance is produced, a cashless society will have the opposite effect from a "moneyless" society because the money meme will remain dominant and accordingly everyone will be required to remain a free range serf; a wage slave dependant on employment, welfare payments or other "charity" contributions from governments, corporations and plutocrats, for needed sustenance payments, wages, "compensation" or charity, however described.

Moreover, taxes, charges and levees of all kinds are currently extracted, by force by governments but in a "cashless" society they will be extracted at the press of a computer keystoke. In that environment the elimination of cash, ie physical "money" tokens which "wage slaves" can hold in their hands and exchange for goods and services, will usher in an era of total enslavement and dependance upon those who control society including of course the banks that will issue digital money credits to be used in lieu of cash wages and other cash payments.

THINK ABOUT THAT! Once a society becomes cashless, everyone becomes totally dependant upon the banks and those who control the banks, for the ability to satisfy their daily needs in virtually every way. The sole exceptions will be gardening communities and co-operatives where the members are virtually self sufficient in food production and other things. Anyone dependant upon wages, salary, pensions, government welfare payments or "compensation"packages processed by the banking system will live or die depending upon whether that system provides them with appropriate digital credit payments, when needed. So, if an individual's access to his/her digital "cash" is eliminated for any reason (for instance if relevant computer systems crash, electric power supplies cease, or banks or other authorities terminate that facility for a given individual or individuals, the individual(s) affected will starve unless supported by the charity of others, if any, who still have access to "cashless" money or some physical means of sustenance.

Sooo, feel free to welcome the new digital era of "cashlessness" at your peril Pilgrims.

Moving to a cashless global society would ensure TOTAL control of the planet's entire population, with the possible exception of self sufficient communities that reject it. However, once a cashless society is implemented, the banksters and their puppet politicianss will move to violently eliminate all self sufficient societies that exist outside of the global system. Don't believe me? Have a look at what the Jew bankster controlled Anglo-US and their allies have done to Germany, Japan, North Korea, Vietnam, Iraq, Afghanistan, Somalia, Libya, Syria and dozens of other nations in which the leaders sought to be independant of the Jew banksters' global banking hegemony.

In a cashless system your "money" can be stolen at ANYTIME by the banksters and their political puppets by simply legislating for a BAIL IN of the money in your bank account!.  Also, even if the banksters don't steal all of your "money" they can simply starve you to death by pressing a key stroke that makes your "monetary deposit" INACCESSABLE TO YOU.

Societal health and individual physical wellbeing and wealth depend on two things, the ingenuity and labour of human beings and proper use of the planet's physical resources. There is no other requirement provided that society is sufficiently spiritually mature to eliminate greed, corruption and power seeking. Eliminating the "money" meme is ultimately essential for that process to be effective. Anyone who doesn't at least "see" that, is part of the problem

After the coming three Days of Darkness (3DD) the current private Bankster controlled global monopoly on currency creation and its criminally usurious distribution will be abolished. In due course that dysfunctional, criminally monopolistic system will be replaced by various form(s) of community controlled non-profit digital ecosystems operated as cooperatives, ie, as public utilities in which profits are returned to the users in the form of reduced prices. Such systems require honest, authentic, fully publically accountable systems of community governance that ensure that such publically owned and controlled digital systems are properly operated and audited to ensure that their managers do not obtain excessive remuneration for their services and that the interests of users and the entire community are completely protected. The apparent success of the existing digital currency systems in China are almost certainly due to honest and carefully administration by President  Xi's government.].

[Colour fonts, bolding and comments in square brackets added.].


How China’s Mobile Ecosystems Are Making Banks Obsolete -

Don’t let propaganda for the ‘looming cashless society’ deceive you. See:

Elon Musk: Free Cash Handouts “Will Be Necessary” If Robots Take Jobs -

More Lies From The Corrupt Elite -

Stock Buybacks and the Wall Street Sharktank: “A Whole Lotta Stealin’ Goin’ On” -

The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’ -

Private Cities, Freedom Cells, Free Communities are the Solution to Hegemony. See:

The Future Of America? – More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism. See:

Nine Meals from Anarchy. See:



How to Fund a Universal Basic Income Without Increasing Taxes or Inflation -

Deciphering 'Globalese'; Chicago Group Says 'City States' Should Run World Affairs. See:

Going Local For EVERYTHING: Taking Back the Country and Our Lives. See:

Are You Tired of Banks, Credit Cards, and Debt? Consider a System of Trading Time Instead of Money. See:

Basic Income and the Left: The Political and Economic Problems. See:

Unconditional Basic Income – an Economic Model for a New Renaissance. See:

TINA’s Legacy: Free Money, Bread and Circuses and Collapse. See:

Why Is There Suddenly Such A Huge Push For “Mark Of The Beast” Technology? See:

Citizens United v. FEC: Corporate Personhood Must be Eliminated if Humanity is to Survive. See:

The Future Of America? – More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism. See:

4 Celebrated Freedoms that Now Require Permission or Privilege to Enjoy. See:

The Permanent Unemployment & Underemployment Economy -

Private Cities, Freedom Cells, Free Communities are the Solution to Hegemony. See:

Going Local For EVERYTHING: Taking Back the Country and Our Lives. See:

Why Is There Suddenly Such A Huge Push For “Mark Of The Beast” Technology? See:

The Future Of America? – More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism. See:

The Matrix, the Strawman and WHO You Are. See:

Obsolete — Full Documentary Official (2016). See:

A Secret History of Money Power. See:

This Is Not A Drill! The Economic Crisis Will Start This Year & Last For 5 Years:Clif High. See:

KunstlerCast 282 — Shrinking the Technosphere with Dmitry Orlov. See:

Denmark is set to become the first country in the world to make cash payments obsolete. See:

Money and its symbiotic capitalist economic system is 'broke' & the Fulford/Wilcock White Dragon FIX won't work. See:

Cashless Society. See:

47% of Jobs Will Disappear in the next 25 Years, According to Oxford University. See:

No Gods, No Masters: Live the Golden Rule. See:

How China’s “Robot Revolution” Could Impact U.S. Commercial Real Estate. See:

KunstlerCast 282 — Shrinking the Technosphere with Dmitry Orlov. See:

Trump Doesn't Need To Bother Apple About Manufacturing In America--Foxconn Replaces 60,000 With Robots. See:

Why Is There Suddenly Such A Huge Push For “Mark Of The Beast” Technology? See:

Private Cities, Freedom Cells, Free Communities are the Solution to Hegemony. See:

TEDxDoiSuthep - Jon Jandai - Life is easy. Why do we make it so hard?. See:

Germany Joins Trend Toward Cashless Society: “Cash Controls” Ban Transactions Over €5,000, €500 Euro Note See:


Riding The Unicycle Of Human History. See:

The joyful image of a multi-polar future. See:

Moneyless man finds happiness. See:

Could Bitcion Become the Globalist Digital Replacement For Fiat Currency? See:

Life with no Government. See:

Demonetisation Undermines The Right To Food And The Right To Life. See:

Cashless Society: India Implements First Biometric ID Program for all of its 1.2 Bill. see:

4 Celebrated Freedoms that Now Require Permission or Privilege to Enjoy. See:

MONEY: Now and Later - Part I -

'MONEY: NOW and LATER ' Part II (The Rise of US Fractional Reserve Banking). See:

MONEY: NOW & LATER - Part III (Germany). See:

MONEY NOW & LATER: PART IV (Money Supply in the UK & Australia). See:

Hitler’s freedom from International Debt Slavery. See:

Musings on Money. See:

WELFARISM: Why is it a Ubiquitous Tool for the Elimination of Human Sovereignty in Modern Society? See:

FREE LAKOTA BANK Opens as Non-Fractional Reserve Bank Accepting Only Gold and Silver Currencies. See:

Government is an extortion racket. See:

The Coming Demise of Omnipotent (Welfare) Governments. See:

Lies told to Children predispose them to Welfarism – the lie that turns Adults into Children. See:

Usury is the Root of All Evil: Free Money is Essential to Prosperity and Abundance. See:

License to Live. See:

Money isn’t the Root of All Evil: USURY IS! That’s why the OITC is Actively Opposed by Corrupt Governments and Banks Globally. See:

There’s a way to teach children without colonising their minds: the lifelong way of the indigenous people of Mexico. See:

Russian officials propose bill to grant every citizen one hectare of farm and forest land to use for self-sufficiency. See:

From Albrecht To Monsanto: A System Not Run For The Public Good Can Never Serve The Public Good. See:

May 24 From The Green Revolution To GMOs: Living In The Shadow Of Global Agribusiness. See:

The corporate stranglehold on food and agriculture. See:

Global Agribusiness, Dependency and the Marginalisation of Self-Sufficiency, Organic Farming and Agroecology. See:

Agrihoods: The Self Sufficient Alternative to Suburbia. See:

Permaculture and the Myth of Scarcity. See:

The Power of Community: How Cuba Survived Peak Oil II. See:

The Cuba diet: What will you be eating when the revolution comes? See:

Cuba's urban gardens. See:

The Power of Community, How Cuba Survived Peak Oil. See:

Farming and Gardening after Stasis:The Global Garden of Eden. See:

Let Me Tell You About Thailand's Rice Farmers. See:

The Gospel of Consumption and the Better Future We Left Behind. See:

Self-Sufficiency: A Local Solution to a Global Problem. See:

The Russians Prove Small Scale Organic CAN Feed the World/ See:

Building Our Own Future - Literally. See:

Getting Off Money. See:

The 2nd Money Question. See:

All writings by members of AbundantHope are copyrighted by
©2005-2020 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here

Top of Page

Political Information
Latest Headlines
VIDEO: The 2020 Economic Crisis. Global Poverty, Unemployment and Despair
Russia Orders Over 15,500 Military Drills For Summer As America Prepares For Fall Civil War
The Real Reason the US Lost in Vietnam
Questions for lockdown apologists
Huge COVID case-counting Deception at the CDC
On Its Way Into Poverty Lebanon Is At The Crossroads
Rapper Lord Jamar: Black Lives Matter ‘Not Our Movement,’ ‘Given To Us By George Soros’
You’re Already Paying Reparations, But the Money’s Not Going to Black America
Protests in Johannesburg as Oxford University Covid-19 Vaccine Trials Begin in Africa
Then They Came for Jesus
Who REALLY Funded the Taliban to Kill Americans?
Hundreds of Saudi and Gulf Military Personnel Trained in Britain as Yemen War Continues
Holiday Humor ? Democrats Prepare To Celebrate Dependence Day
Nothing Is Off Limits to Defeat Trump
A Conflict of Visions on the Supreme Court
UK Abortion Lobby Pushes Amendments to Decriminalize Abortion
U.N. Human Rights Council Silences Cuban Dissident Condemning ‘Modern-Day Slavery’
America's Revolutionary Founders Would Be Anti-Government Extremists Today
Italy Seizes Record 14 Tons of Amphetamines, Blames Islamic State
UK Denying Maduro Access to Venezuelan Gold is not only THEFT, it’s MURDER of London’s Reputation as Trusted Financial Center