Quote from: bitebits on February 01, 2016, 09:17:40 PM

Quote from: gentlemand on February 01, 2016, 08:56:55 PM

Quote from: bitebits on February 01, 2016, 07:24:52 PM

Lagarde (IMF) raising her hand thinking that cash will no longer exist in 10 years time:
https://www.youtube.com/watch?v=JwkC8WaN5T4&feature=youtu.be&t=1822

There's rather a large gulf between what the back room economic egg heads want, and what your average personage on the street will put up with. Debase and inflate by all means, that's something that rarely crosses the average mind, but removing cash is going to make a few people think.

It seems to be well on its way in Scandinavia. I'm not so sure other parts of the world are so keen to succumb to total slavery.

Not sure if I agree. Just add a few benefits paying digital and people are easily seduced. Get discount by paying by 'electronic', no fees if paid electronic, simply no register in the bus/train, ATM withdrawal fees, etc. You get the picture. Cash will not be banned from the one day to the other, it will simply slowly disappear. Voluntarily.

CCs, PayPal, coupons for Granma, public transportation passes ...Good God, they already started!! Shocked

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