It has begun, ANZ bank massive system outages, withdrawal limits, hack or something else.

a reply to: nickyw

The actual cash available, and the derivatives that expand from it, only work when the economy is humming. The pension funds and everything else will be diluted/inflated...to match what cash is available. So a controlled withdrawal of cash is essentially the same as delaying the inevitable. All the big boys will be in hard assets by now.

a reply to: DerBeobachter I always like to pay in cash . But one time it came back to bite me in butt .I was being questioned by Barney fife and deputy enos and since I paid all my stuff with cash meant to them I must be using my cash for something illegal. I wasn't but since my bank records only showed withdrawals and deposits they had no idea what I was doing and they didn't like it. I was not doing anything illegal I just like cash in hand not having to stand their with a card and a card reader that half the time only works on Tuesday.