http://www.abc.net.au/news/2016-10-21/w ... ty/7933250
Citibank's Australian bank branches go cashless
http://www.smh.com.au/business/banking- ... spedd.html
Economic benefits would include a reduction in crime, higher tax revenue from fewer cash transactions and lower rates of welfare fraud, he said. He estimated phasing out $100 bills would raise household deposits by 4 per cent if they were put into bank deposits.
Ahh, cash out from under the mattress is cash in the bank's coffers. Hmm. Deposits, after all, are really loans to banks, handing over that capital for the banks to use in ways you're not privy to.
Greek banks propose “tax on cash withdrawals” to combat tax evasion
http://www.keeptalkinggreece.com/2016/1 ... x-evasion/
