Taiwan Joins Global War On Cash: Plans To Ban Cash Purchases Of Houses, Cars, & Jewelry
- Taiwan Joins Global War On Cash: Plans To Ban Cash Purchases Of Houses, Cars, & Jewelry
by Tyler Durden, www.zerohedge.com
The cancerous virus of freedom-destroying worldwide cash-bans – in the name of fighting terrorism – has reached Taiwan this week. With the aim of ‘preventing money-laundering’, Taiwan may ban cash purchases of properties and luxury goods, Taipei-based Economic Daily News reports, citing unidentified official at Ministry of Justice.
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As we previously noted, the War on Cash is not merely continuing, it is intensifying. It began in the West, with relatively minor infringements on our right to use the currency of our own nation. The War has now shifted to India, been radically ratcheted up, and inflicted upon a population of 1.2 billion people, where 68% of transactions were conducted with cash. And now, as The Economic Daily News reports (via Google Translate), to Taiwan…
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