Jump to content

Recommended Posts

Going cashless means you can't stash your money under the mattress. In a time of negative real interest rates, putting some of your savings into physical cash is not necessarily a crazy thing to do. If all your money is in the digital realm it is all traceable, taxable and, in the event of another financial meltdown, bail-in-able. I'm not suggesting that's the masterplan, but it's intriguing how many governments around the world have started a 'war' on cash.

" India's small businesses facing 'apocalypse' amid biggest financial experiment in history

Demonetisation revolution hits firms and workers as cash runs out, but now they are braced for the next stage ? making all salary payments digital"


https://www.theguardian.com/world/2016/dec/21/indian-businesses-demonetisation-apocalypse-biggest-financial-experiment-in-history

BrandNewGuy Wrote:

-------------------------------------------------------

> Going cashless means you can't stash your money

> under the mattress. In a time of negative real

> interest rates, putting some of your savings into

> physical cash is not necessarily a crazy thing to

> do. If all your money is in the digital realm it

> is all traceable, taxable and, in the event of

> another financial meltdown, bail-in-able. I'm not

> suggesting that's the masterplan, but it's

> intriguing how many governments around the world

> have started a 'war' on cash.


See Margaret Atwood's Handmaid's Tale - all women instantly disempowered by cutting off their card access.

There is a new store at Surrey Quays that took over the BHS site.

It's a brilliant store called Range.. A bit like HomeBase ... It is very Cheap.


https://www.therange.co.uk


They have notices up at the tills. 'WE DO NOT ACCEPT ?50.00 NOTES'


Getting harder to find anyone who does.



Dulwichfox

That's the problem with a poundland type diy store, you have to buy loads of stuff just to get to ?50


Still not seen any evidence that ?50s will be withdrawn, just speculation (.even in the radio clip from above) but no confirmation from the bank of England


I for one wouldn't like to go cashless as it means banks and other organisations have far too much information about you, your spending habits and can you imagine the chaos when you want to use a card to buy a penny chew ..


If you have watched the to show mr robot, if we are all cashless and cyber terrorists hit the card companies (as in the show against e-Corp ) then how will anything occur if no one has cash in their back pocket... And as we know life often follows fiction.


Oh and foxy, it's not fox bashing , it was simply a case of getting to the truth about your statement

TheArtfulDogger Wrote:

-------------------------------------------------------

> That's the problem with a poundland type diy

> store, you have to buy loads of stuff just to get

> to ?50

>

> Still not seen any evidence that ?50s will be

> withdrawn, just speculation (.even in the radio

> clip from above) but no confirmation from the bank

> of England

>


Its not exactly a Pound Land DIY.. It sells High grade Dulux Paint. Power tools.. Curtains..

Christmas ornaments lights at ?100+ a pop. So you could easily clock up ?50.


So sorry Artfull. You are wrong again.


As for conformation from the Bank of England. ?

Well they did not produce any new ?50 notes last year. and there is no date for Polymer ?50's to be made.


Writing on the wall to me. People I speak to do not like them. But then I feel you just like to have a row.


Foxy.

Dogger Lays out fox lure and waits for Mangy old fox to bite before reeling in


Smug smile of satisfaction watching a fox squirm after making a bold but speculative statement in his origional post that fox can't validate with solid facts regarding the withdrawal of fifty pound note


Dogger takes down Christmas stocking from mantelpiece as he has the perfect gift now 😏


Thanks Santa

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • Time will tell if H&B are loved or loathed, the footfall they get and generate will determine if they stay or go. That's the nature of businesses, they come and go dependant on usage. Examples are M&S, Poundland Local, Co-op, Superdrug, Mons, the chain restaurant/takeaways, the chain Estate Agents, Toolstation, Screwfix to name a few.  As much as people would like to see Lordship Lane remain a high street of independents, it is becoming clear that due to Landlords hiking rents, some are unable to survive. This leaves empty units which some of the chain brands considering it to be worth a "punt". I'd have thought that businesses operating in shops is a better alternative than a high street with multiple empty units, but what do I know, they are just thoughts on the subject.   Take a look at Croydon and Bromley where what were once thriving high streets are in decline.  I have to say that some of the prices charged by the independents are eye watering, and incomes i'd have thought have to be substantial to afford their prices. Personally I'd love a Lidl to open on what was the site of the Harvester, but I guess that would get shouted down, oh the thought of Lidl in Dulwich. Whatever next. 
    • IMO, Sealy, the best nights sleep you'll ever have.  
    • I don’t know what the shop was originally next to the big St Christopher’s but if Holland and Barrett are taking it over then surely it’s good to have a choice on Lordship Lane? The Camberwell H&B is always empty but the Brixton branch busy.  I remember when the Marks & Spencer food shop was Iceland? Now the M&S is a very busy store and at the time regenerated the high street!
    • Nor would I have done, but it came up when I googled John Lewis reviews. Do you not trust TrustPilot reviews? Even allowing for the fact that many people only post reviews when they have had poor service, 27% one star reviews is indicative of something wrong, I would say. That's 27% of 76,392 reviews. That's an awful lot of people who don't  think the service they got from John Lewis was even worth two stars, let alone more. Screenshot attached.
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...