The Importance of Cash Money

Discussion in 'Business & Economics' started by river, Feb 13, 2018.

  1. river

    Messages:
    10,327
    Cash money , coin and paper bills ,1$,2$, 5$, 10$, 20$, 50$ , 100$ , 1000$ etc , in Hand is important .

    It means that any transaction that you have done or will do is private .

    And That , is a fundamental Freedom given to all Human Beings .

    If the Cash System of money is shut down by a Cashless System of money , debit , credit , card System then we can All be tracted , Hence loose our privacy . And identity .
     
    Last edited: Feb 13, 2018
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  3. Beer w/Straw Transcendental Ignorance! Valued Senior Member

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    Last edited: Feb 13, 2018
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  5. river

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    What is VPN ?
     
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  7. river

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    But for everyday people , VPN ( virtual private network , is irrelevant ).
     
    Last edited: Feb 13, 2018
  8. Beer w/Straw Transcendental Ignorance! Valued Senior Member

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    Well, everyday people DO want to buy nuclear weapons (the grocery store was all sold out.)
     
  9. Xelasnave.1947 Valued Senior Member

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    Bring back gold and silver coins.
    Anyone know why they dont audit the gold in Fort Knox ...it seems they treat it as unimportant like its not even there...mmm it is there ist it?
    Alex
     
  10. river

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    Everyday people DO want to buy food . Of which the grocery was not sold out .
     
  11. river

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    Agreed

    Interesting question .

    To my knowledge , since the dollar is not backed by gold , it isn't there .
     
  12. Xelasnave.1947 Valued Senior Member

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    I have wondered if any one else has wondered if its actually there...
    Alex
     
  13. gmilam Valued Senior Member

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    Money is only worth as much as the powers that be say it is. And if there was a collapse, what am I gonna do with gold? I would rather have a storm cellar full of canned goods.
     
  14. billvon Valued Senior Member

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    And for everyday people, cash is largely irrelevant.
     
  15. spidergoat Valued Senior Member

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    Is it?
     
  16. iceaura Valued Senior Member

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    And so their lives cost them between 2% and 20% more than their parent's lives cost, for the same living.

    A cash-less economy has certain overhead costs, similar to the convenience premium one pays for candy at the gas station.
     
  17. River Ape Valued Senior Member

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    By whom or what? God? Nature? Physics? The flying spaghetti monster?

    I am in favour of privacy because I do not like to be spied on in everything I do. I am in favour of buying and selling with silver coins which represent a solid, honest and traditional form of value. In both French and Scots (and some other languages) the words for silver and money are the same. I desire privacy in my commercial transactions and equally to my communications.

    There seem to be those who would abolish all privacy on the grounds that this would thwart paedophiles, terrorists, or tax evaders. There seem to be those who no longer believe that "those who would trade liberty for security deserve neither liberty nor security." An Orwellian surveillance state would concentrate still more power in the hands of the already powerful who are those most likely to abuse the rest of humanity.

    But let us not conjure "fundamental freedoms" into existence, there's no such things.
     
  18. sideshowbob Sorry, wrong number. Valued Senior Member

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    I read somewhere once that in case of an apocalypse you'd need four things: a bicycle, a gun, canned sardines and gold coins. I suspect that there will always be a few idiots that will give you their food for gold.
     
  19. sculptor Valued Senior Member

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    farmer: Oh, you want to trade that $ 11000. 1 oz gold coin for food-----------ok here's a 33 oz. chicken---33 for one, I'd say you're getting a bargain.
     
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  20. Xelasnave.1947 Valued Senior Member

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    The way I understand it the gold in Fort Knox is not audited with the reason given that there should be no emphasis on gold but only upon the currency.

    That seems a strange reason really.

    Does anyone actually check that the gold is there?

    Alex
     
  21. RainbowSingularity Registered Senior Member

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    also complete control of society.
    by surrendering cash it allows corporates to take over complete control of society.
    no more personal choice.
    all money channels will be owned and only approved purchases to approved companys which will be monopolys will be allowed.

    there would be 3 currencys
    1 Google
    2 Apple
    3 government approved credit

    Social, Cultural , Personal & National identity would be reduced to corporate branding.
     
  22. gmilam Valued Senior Member

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    A copy of the Boy Scout Handbook might be useful too. They never covered looting a grocery store, but I think I can figure that one out.
     
  23. sideshowbob Sorry, wrong number. Valued Senior Member

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    On Google Earth, you can walk right into the Bullion Depository - but it's just a big empty room.
     

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