Originally posted by OwlHoot
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Bank of England poised to act if household debt spirals
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Originally posted by ChimpMaster View PostMoneyweek has a Live petition against moving to a cashless society.
https://petition.parliament.uk/archived/petitions/1601
Seems a popular idea, it's not like the govt would cheat us.Comment
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https://petition.parliament.uk/petitions/109727
This on the other hand is the one we should all be signing.....so we can go on a govt hit list to steal our money first.Comment
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Originally posted by DimPrawn View Posthttps://petition.parliament.uk/petitions/109727
This on the other hand is the one we should all be signing.....so we can go on a govt hit list to steal our money first.Comment
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Originally posted by DimPrawn View PostHere's a petition FOR a cashless society.
https://petition.parliament.uk/archived/petitions/1601
Seems a popular idea, it's not like the govt would cheat us.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Originally posted by DimPrawn View PostHere's a petition FOR a cashless society.
https://petition.parliament.uk/archived/petitions/1601
Seems a popular idea, it's not like the govt would cheat us.
or be tempted to impose a 20% tax on every e-transaction
or prioritise health care based on what and how much of it people bought
Perish the thought!Work in the public sector? Read the IR35 FAQ hereComment
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Originally posted by LondonManc View PostWorks great until the network goes down and you can't buy your coffee with contactless payment. We need a more robust infrastructure before the bright ideas can happen; by that, I mean a global infrastructure where cashless payment can be made anywhere. A long way off.Comment
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Over the last couple of weeks I've seen a marked increase in the number of spam emails offering me more credit and "buy now pay later" offers.
Looks like a sign of desperation on their part.Work in the public sector? Read the IR35 FAQ hereComment
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Originally posted by DimPrawn View PostIt's got nothing to do with convenience, it's simply being done to impose "negative interest rates" and "bail in". So it is to allow the central banks to confiscite wealth in a quick and low cost solution to "global crisis".The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Originally posted by PurpleGorilla View PostSome of the latest collective thinking is a quick move to a cashless society - to prevent hoarding as they cut rates to negative...
@LondonManc: it doesn't need to be global. For tourism you buy your foreign cash; visiting tourists are given a contactless chip 'n' PIN card they can top-up. But yeah, you'd need to force all businesses to accept them (abolish per transaction charges to make that easier to sell) and you'd want the back-end to be stable. Once you do that anyone using cash is automatically afoul of the law because they're implicitly tax dodgers or whatever.
@BrilloPad: Totally. Given the existing currencies have value because of "faith in the system" or whatever nonsense, the fact that people actually believe there's some finite amount of currency and the country has a big credit card bill to pay down is amusing. Not sure what kind of shock it would take to reveal the emperor has no clothes to people who weren't Guardian readers after the last crash, but it's got to fall apart at some point, right?Last edited by seanraaron; 11 February 2016, 14:31.Comment
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