The $10k Cash Ban approaches with the slowing economy

In the months proceeding to 2020, there have been petitions signed against the $10000 cash ban bill. Unfortunately, the Bill has passed the House of Representatives and is now in the hearing of the Senate. $10k might seem a lot in 2019. However, with the record low interest rates and increasing debt, hyperinflation and negative interest rates will become unavoidable. The timing of this bill is right on the current slowdown in the Australian economy,

MGTOW threatens the economic growth of countries. Having a family involves a lot of spending such as marriage, cars, retail products, property and housing merchandise such as furniture . As more men go MGTOW, governments get less taxation. This cash ban is just the start. Governments will soon have to resort to more drastic measures to increase spending. Immigration is becoming less effective as cities such as Sydney and Melbourne are becoming very congested during peak hours. The current infrastructure cannot keep up with population growth which therefore has caused a drop in standard of living.

Governments might start putting a bachelor tax but more men are moving their money into Cryptocurrency. The government might then start banning Cryptocurrency but that will worsen the black economy problem. Either way, I am interested to see their next move.