Banks in Australia, Canada Limit Withdrawals; Young Americans Affected

Recent reports indicate a growing trend among banks in several countries, including Australia and Canada, to restrict cash withdrawals. This development aligns with concerns about the potential rollout of Central Bank Digital Currencies (CBDCs), which could lead to a cashless society. In Australia, banks have been reported to refuse cash withdrawals as part of a broader agenda to implement CBDCs. Similarly, in Canada, there have been instances where banks quietly banned significant cash transactions without formal announcements. Additionally, young Americans are sharing videos showing some banks requiring proof of what the money is being used for before allowing withdrawals. These restrictions have sparked debates about the future of cash and the implications of a cashless society controlled by central banks.