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Do you welcome the moves towards a cashless society ?

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Picklebobble2 · 56-60, M
[b]NO ![/b]

[b]NOR this cr@p supporting internet banking ![/b]
Nimbus · M
@Picklebobble2 True but what happens when every bank is closed down?
Picklebobble2 · 56-60, M
@Nimbus I'll tell you what will happen. There'll be a 'two-class-society'.
Those with cards subject to all the nonsense banks and financial institutions and BIG corporations will steer their holders to and through.
And the others who will work non-taxable; black economy jobs living 'off grid' and earning in either cash or bartering goods and services for their labour.
Nimbus · M
@Picklebobble2 Good thinking.
I just hope it is far in the future and/or lots of problems are created.
Picklebobble2 · 56-60, M
@Nimbus What will happen is children will move back in with their parents and the parents will leave the house to their children.
So that kills the care home debacle where residents give their house proceeds to fund their care.
That also kills the housing market because their children won't want to move. There'll be plenty of properties available but a shrinking number of folk who will want to buy.
That in turn will see the over-priced value given to a home plummet.
Putting all financial institutions including the Bank of England (and others in other countries if they follow suit) in jeopardy of being worthless.
And the whole house of cards topples.
Nimbus · M
@Picklebobble2 Kinda seems like a retrograde step.
What do they get out of such a thing apart from control?
Picklebobble2 · 56-60, M
@Nimbus Governments have nothing left to sell.
Political parties as we know them will soon become irrelevant.
In order for government as we currently know it to survive, they think they can buy and sell their populace to the big corporations of the world because they will pay for that !
Beautifully demonstrated by the American drug industry regularly.
Beautifully demonstrated by Trump's attempt to get the UK and Europe to buy their 'Bleached chicken' etc.

Corporate ideas rejected because the Johnson government knew we wouldn't buy it due to strict rules surrounding food production in Europe.

Politics is dying. Traditional parties are so clueless at the moment look at the extremes of leadership we have all over the world.
If this plan to eradicate cash is allowed to go through, we, the customers, lose [b]all choice[/b] !
No matter [b]which[/b] company you [b]choose[/b] to do business with, you [b]won't[/b] be able to play one company off against another to get the best price for the job/service you want.

Europe and the UK especially, really needs to up it's game in the world of 'Big pharma' too.
You can't have four companies making 90% of the drugs we use.