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/biz/ - Business & Finance


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16010281 No.16010281 [Reply] [Original]

https://www.youtube.com/watch?v=I-y8xm1wbL4


what do aussie /biz/nessmen think about The Cash ban?

>> No.16010289

>>16010281
They are banning physical currency?

>> No.16010291

>>16010281
This is squarely aimed at the chinks.
I fucking love it.

>> No.16010299

>>16010291
>banning cash hurts communists
why don't you shut the fuck up

>> No.16010303

>>16010281
>15 minute video of some bald limey faggot mumbling

>> No.16010328

>>16010299
Banning cash payments above 10k does
Learn to read dumbass

>> No.16010339

>>16010289
They are banning Cash transactions above 10,000, but the sneaky gambit is that the bill has provisions to lower this limit without any consultation, already the same (((people))) and business lobbies instrumental in introducing the bill are already proposing for the limit to be lowered, they say it's to fight organized crime but people in police specializing in organized crime say it won't do jack shit, they also received 4,000 submissions in the consultation process for the bill (usual is 20-30) and the government refused to publish the submissions publicly (which has to be done by law) there is now an inquiry into that, the whole thing absolutely reeks.

>>16010303
watch the rep hearing retard

>> No.16010340

>>16010299
It's for cash purchases above 10k. As in, they can now investigate every single 10k purchase as a crime if you paid in cash. Which means they can finally have the drug dealers, traffickers, and tax Dodgers in police custody to check them for the real offenses. Kind of bullshit for me though I always buy used cars in cash to shave the price 30%

>> No.16010372

>>16010340
>Which means they can finally have the drug dealers, traffickers, and tax Dodgers in police custody to check them for the real offenses.
>ACTUALLY believing the government's rationale for the bill

retard.

https://omny.fm/shows/the-alan-jones-breakfast-show/assistant-federal-treasurer-michael-sukkar-on-crac?t=7m54s

>> No.16010388

>>16010281
Cash ban also includes crypto.

>> No.16010406

>>16010388
Poppycock.

>> No.16010417

>>16010388
Really?
Do you have a link to the bill

>> No.16010443
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16010443

>house of representatives

>> No.16010490

>>16010299
Money laundering chinks in Australia you fucking mong

>> No.16010517

>>16010490
cool let’s laugh our civil liberties away because “fuck the chinks” (who the same government let in) fucking retard

>> No.16010632
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16010632

>>16010517
Oh I’m not Australian but we’re all headed in the same direction

>> No.16010825
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16010825

>>16010291
lmao imagine being Australian

>> No.16010844

They’re doing it in order to force negative rates, so people can’t horse cash

Ausfags are fucked. If you had any balls you’d start rioting

>> No.16010951

>>16010281
>https://www.youtube.com/watch?v=I-y8xm1wbL4 [Embed]
Hwo are people going to buy drugs now?

>> No.16010959
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16010959

>>16010844
Whats stopping me from changing all my money to usd? And holding it?

>> No.16011087

>>16010959
>Whats stopping me from changing all my money to usd? And holding it?
You haven't done that already?

>> No.16011101
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16011101

>>16011087
I don't have money

>> No.16011113

cant believe people on here are cheering on financial oppression. must be shills of some sort

>> No.16011122

>>16011113
Literally no one ist though ?

>> No.16011129

This is how the globalist bankers are plotting to steal your wealth and prevent any inter-class mobility from ever happening again.

https://www.imf.org/en/Publications/WP/Issues/2019/04/29/Enabling-Deep-Negative-Rates-A-Guide-46598

>> No.16011157

>>16010517
Precisely. Chinese money has found its way into the pockets of all these cunts.
The speed at which their greed and sloth caused them to squander two hundred and thirty years of sacrifice and the vision of our ancestors surprised even me.


Expect the worst

>> No.16011191

>>16010490
Why not just ban the chinks? Chinese exclusion act

>> No.16011680

>>16011191
Yes please

>> No.16011704

>>16010959
Do your ausfag banks have physical usd?

>> No.16011865

>>16011129
>Relying on banks for transmission of a negative rate of return on paper currency reduces the
implementation burden and political cost associated with negative rates. When working through banks,
anything that would be a political problem for the central bank becomes a customer relationship
management problem for the commercial banks. Commercial banks are likely to be better and more
experienced in dealing with customer relations problems—even those with a new twist—than central
banks are at dealing with grassroots political problems. After minimalist implementation (at the central
bank cash window), the central bank can leave the rest up to the private sector. One key aspect of bank transmission approaches is that the less the central bank does and the more is done by commercial banks,
the less new legislation is likely to be needed.

lmao

>> No.16011905

time to leave this forsaken place and heading over to romania

>> No.16011935
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16011935

>>16010328
you are so fucking srupid it hurts.

>> No.16011987

>>16010291
Huh. Didn't think about this. If it works, hopefully Canada follows suit. Our currency, like yours, is worthless anyways.

>> No.16012046
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16012046

If all else fails.. Agorism.

>> No.16012255

The fact is 99% of white people were always honest paying their taxes but the majority of these shitskins and chinks are not, this is the only way we can fight to ensure they pay their share and reduce the burden on the rest of us.

>> No.16012260

>>16012255
>he believes this

>> No.16012264

>>16010281
>what do aussie /biz/nessmen think about The Cash ban?
Aussies are the 2nd most cucked nation, Mutts being 1st.

Look Burgerland is #1 @ something!

>> No.16012279

Australia is an open air convict prison, and the Five Eyes testing ground for new authoritarian initiatives. Australian citizens have been long bred to be "yes boss!" so called "good convicts" so we take this straight in the arse with gratitude and requests for more.

>> No.16012320

>>16012260
and its not just them, all theses fucking bikies and other criminals, fuck them, honest people aren't going around buying shit with briefcases full of cash anyways.

>> No.16012346

>>16012255
Yes goyim, these Islamic terrorist are really dangerous, you should allow us to listen to it phone conversations, track you 24/7 And read your emails, after all you have nothing to hide right? ;)
This idiot willing to give up his freedom for protection, you will get nothing cuck.
If tax dodgers was the big issue start with Google paying absolutely 0 dollars in taxes despite making close to a billion dollars, Orion, etc
Or how about investing intona comprehensive tax system where retailers and sellers have to lodge any events above 5k and you must present id when doing this purchases etc, so many less Orwellian ways to do it
There are other intentions behind this bill don't be so naive

>> No.16012361

>>16012320
You believe these laws are going to stop organised crime? How stupid are you? The bikies you see on TV are just street muscle. The cunts running the trade behind the scenes are without a doubt smarter than the authorities. It's why you see record drug busts all the time, yet the street price never changes.

>> No.16012384

>>16012361
Yep.
Idiots really think these operations are run by muhhamed and their cousins, mate they're just dealers, their profits in The hundreds of thousands yeah, but the millions go to the suppliers, the Calabria mafia used the same food imports company to bring ecstasy and launder money for almost 10 years before the police was able to shut it down. 10k limit won't do shit lmao

>> No.16012392
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16012392

buy gold

>> No.16012407

>>16010281
>implying aussies matter
if I was living australia I would bomb every single government building if that bill passes and recommend everyone to do so too until they repeal it. Fight for your freedom or they will take it from you.

>> No.16012418

>>16012407
They took our guns please America-kun
Save usss

>> No.16012439 [DELETED] 

Having no cash will come with increased regulation, montering and control on your banking account.
They will moniter all your income on your bank account for example and then automatically calculate the taxes you owe and automatically withdraw it from your account. All for your convience ofcourse.

A cashless society is that of control and montering. You're fucked Australia. You better DO SOMETHING NOW or it will be to late. Start your own government, you don't need guns you need numbers. You'll be forced to go into it Ghandi style, or you could make your own weapons if you want.

>> No.16012448

>>16010281

Time to arm up

>> No.16012473

>The Government has said the measure would not apply to individual-to-individual transactions, such as private sales where the seller does not have an ABN, or cash payments to financial institutions.

>> No.16012475

Look at China OP. Do you want to become a China? Cause that's where you're headed now. Everything will be monitered, every word you speak every action you act. It will all be documented and you'll be rewarded/punished by the state automatically trough a social credit system. Better do something or you can watch your kids grow up in a totalitarian regime owned by the Crown in England.

Your goverment is a corporation OP. It litterly is a private corporation owned by the crown.
Show you're not a corporate minion.

>> No.16012477

>>16012439
we just need another tyrant but instead of shooting up useless stuff.

>> No.16012483

>>16010339
Just hold bitcoin and get ready to move to Israel and wage holy war

>> No.16012565

Im am so disgusted with the people in this country these days it will be worth suffering just to see them suffer too

>> No.16012594
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16012594

Crypto is exempt until it facilitates the same thing
https://www.youtube.com/watch?v=kNnGQ3g4Fvk watch from 11.30 re crypto
so in other words its not.

Are they trying to force a civil unrest? Who the fuck do these people represent.

>> No.16012605

>>16010339
>>16010328
what does this mean? france and modt euro countries banned cash transactions sometimes even higher than 2500 euro kek

>> No.16012759
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16012759

>>16012594
It won't stop here. Fucking communists.
They're locking your wealth into banks so that you can't protect yourself from the coming evaporation of fiats purchasing power.
Everyone needs to be aware of their banks withdrawal limits and when and how they can change. And any more laws limiting your ability to liquidate your fiat into actual assets.

>> No.16012771

>>16012475
Nice projection sheeple but that is a more accurate depiction of the USA
>NSA taps and records every conversation online and offline
>The United States has de facto largest contingent of cybertroopers/shills/sockpuppets globally to mould public and global opinion
>Larger than every other nation combined
>Every transaction using American technology and USD can be used to prosecute you under Federal Law.
>Your life is judged by your credit score

Imagine being a septic

>> No.16012803

>>16010291
How so?

>> No.16012805

>>16012771
you chinese shills are so blatant.
All the bad shit the USA does is unconstitutional meanwhile in China it's their goal.

>> No.16012815

>>16012771
You're both just as goddam awefull as the other. How's that?

>> No.16012843

>>16012803
most chinese people, families and busines people do not use banks , they lend money from each other and use lots of cash.
they build their restaurants all over the planet, and everything is paid cash.
they bring in their own workers, pay cash.
they buy everything with cash.

i do not have to tell you that this is easy money laundering and tax avoiding.

>> No.16012862

>>16012759
Pretty much. Keep the banks afloat cos every cunt has debt up to the eyeballs and the banks employ too many people. Banks go down the entire country goes down. Some anon a while ago suggested that they'll eventually start penalising you severely for having savings/ not spending your fiat to boost consumption i.e., it will cost you more than spending your fiat to not spend your fiat.

>> No.16012882

>>16012805
No, it is their end-goal.
Just as it is Facebook, Google, Twitter etc. end-goal
They were all envisioned and created initially with a military purpose and to further the interests of the state.
And now the harvest begins or as you call it, ' the tightening of the screws'

>>16012815
The Human race hasn't evolved beyond Monkeys flingin' their own feces at each other.

>> No.16012906

>>16010281
I think it's classic Liberal government strat.

Do something to make it so that they look busy, do something that idiots/the masses will think is good (Yeah yeah, fuck dem chinks), and make sure that thing benefits only the donors of the party.

Short sighted, dick move, classic straya.

>> No.16012908
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16012908

>>16012862
>Banks go down the entire country goes down.
This is complete bullshit. The country does not need people to hold their wealth in fiat, the banks do.
Laws like this are not in the interest of the people that the house of representatives is meant to represent.

>>16012882
the constitution of the usa still exists regardless of the unconstitutional state of their nation. The same can't be said for China. China is a communist country, it is completely unjustifiable, it should be treated the way Nazi Germany or the soviet union was treated.

>> No.16012916

It's not actually going to fix or change any of the issues that it is supposed to be able to fix either.

>> No.16012919

>>16012862
I wouldnt be surprised either, theyll never allow us to retire and live frugally. And if people try to flee fiat to escape inflation into land or gold they will tax that even more or manipulate prices etc

>> No.16012944

>>16012908
Did a bank going down not fuck the entire world economy back in 2008? The big four banks are the top stocks on the ASX, the debt to income ratio in Australia is ~200%. Our boomer population and every cunts super is heavily invested in the banks. The banks going do would send us into the stone age m8.

>> No.16012952

>>16012908
>Thinking China is communist
>Thinking the present Xi Administration is the moral equivalent to Nazi Germany or the USSR or to the USA
You have no high ground to speak off when the US is the country equivalent of a Human Trailer Park that shits over the backyard of other more civilised nations.

>the constitution of the usa still exists regardless of the unconstitutional state of their nation
Which makes your lot hypocrites and cowards

>> No.16012962
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16012962

>>16012944
>The banks going do would send us into the stone age m8.

>> No.16012968

>>16012255
>this is the only way we can fight to ensure they pay their share and reduce the burden on the rest of us.
((()))

>> No.16012988

>>16012944
not allowing people to escape the inevitable decimation of their lifes work stored in fiat in a futile attempt to maintain the nominal output of the collective economy is tyranny.

The fucking socialist capital constraints of the BIS caused 2008. Banks should have been left to die people lost everything anyway.

>>16012952
Maybe you should read this comrade https://en.wikipedia.org/wiki/Communist_Party_of_China
what's it like shilling for the government that doesn't let you own land?

the usa is the last thing standing against your winnie the poo dictator making us all slaves.
Shouldn't you be harvesting a muslims kidneys or something? better look out or your social credit system will stop you buying airplane tickets

>> No.16013024
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16013024

>>16012952
such a civilized nation you kill your own sons and daughters rather than have a government that answerable to who they govern

>> No.16013055

>>16012988
>>16013024
I don't shill for them but you are obsessed enough to bring them up in every post

>>16013024
Which is why I don't consider the US/UK/AU etc. to be civilised

>> No.16013059

>>16012988
You do know that you have the option to tell your so-called 'democratic' muppet of a government to stop, right?
Whether is it through the polls, ballots or through the grassroots.
That is the most basic shit about governance and one that the CCP got right.

>> No.16013082
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16013082

>>16013055
>china is civilized because it kills its own citizens
people are just jumping to give away their property rights for that rhetoric

>>16013059
absolutely Zhang, i do know that and I would like for you to enjoy the same liberty if only you would help out those legends in hong kong

>> No.16013218

he's going again https://www.youtube.com/watch?v=qyTUcfBjV7Q

>> No.16014016

>>16010281
VETO!

>> No.16014068

>10000 dollars
kek here they want to lower the amount at 1000. fucking jews.

>> No.16014071

imagine thinking there are any australians that have over $10,000 in savings, let alone cash

>> No.16014074

https://youtu.be/XvpmpASdmKU

>> No.16014616

Australia is literally the worst nanny state in the Anglosphere
What wen't wrong?

>> No.16015025

>>16014616
Everything is working exactly as intended. >>16012279 nailed it. Whites in the commonwealth countries are the bestest tax donkies under heaven