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Citi Economist Says It Might Be Time to Abolish Cash [Link Only]
Bloomberg [Link Only] ^
| April 16, 2015
| Lorcan Roche Kelly
Posted on 04/16/2015 1:53:35 PM PDT by C19fan
http://www.bloomberg.com/news/articles/2015-04-10/citi-economist-says-it-might-be-time-to-abolish-cash
TOPICS: Business/Economy
KEYWORDS: abolishcash; cash; monetary
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http://www.bloomberg.com/news/articles/2015-04-10/citi-economist-says-it-might-be-time-to-abolish-cash
1
posted on
04/16/2015 1:53:35 PM PDT
by
C19fan
To: C19fan
2
posted on
04/16/2015 1:53:43 PM PDT
by
C19fan
To: C19fan
With all the spitefulness of Grumpy Cat; NO!
3
posted on
04/16/2015 1:54:12 PM PDT
by
C19fan
To: C19fan
Spirit of antichrist in preparation for the coming “Mark of the Beast!”
4
posted on
04/16/2015 1:55:18 PM PDT
by
Jmouse007
(Almighty Jehovah, deliver us from this evil, in Jesus name, amen.)
To: C19fan
That way they have 100% control over your wealth. No more “mattress stashes”. They can lock you out and take it all with the flip of a switch.
To: Resolute Conservative
6
posted on
04/16/2015 1:58:30 PM PDT
by
Fungi
(So you think you know anything about evolution? Think again.)
To: C19fan
2008 would have been the time to abolish Citi.
To: Attention Surplus Disorder
And Citi would be kind enough to make a profit off each and every dollar spent in the United States? How charming....
8
posted on
04/16/2015 2:00:34 PM PDT
by
GOPJ
(Hillary Candidacy Like "Weekend At Bernie's" they'll have to keep proppering her up - H.Hewitt)
To: C19fan
Yes.
Let’s all get a government number for all transactions.
That’s the ticket!
The people at citi are smoking crack.
9
posted on
04/16/2015 2:01:24 PM PDT
by
SpaceBar
To: C19fan
I don’t think rich liberals would go for that because illegals don’t accept credit cards which is probably why they are for Scamnesty.
10
posted on
04/16/2015 2:02:57 PM PDT
by
GrandJediMasterYoda
(B. Hussein Obama: 16 acts of Treason and counting.)
To: C19fan
No way to get his mitts on compounding double-digit interest if you are using cash.
To: Resolute Conservative
That and every time you swipe a card, some financial institution gets a fee. More swipes, more fees.
12
posted on
04/16/2015 2:06:06 PM PDT
by
griswold3
(Just another unlicensed nonconformist in am dangerous Liberal world.)
To: C19fan
Never gonna happen. The serfs will storm the Citadel with pitchforks and stuff...
13
posted on
04/16/2015 2:07:39 PM PDT
by
Gargantua
("...fee tine a maadyy..." ;^)
To: C19fan
If the government refuses to ‘coin money,’ silver coins will become the new underground currency.
Buy silver coins ...now!
14
posted on
04/16/2015 2:11:07 PM PDT
by
EBH
(And the angel poured out his cup...)
To: C19fan
I’ve been waiting for this for decades. Governments will love this.
Just remember thatwhen cash is outlawed, only outlaws will have cash.
In my fantasies, I’ve always pictured the outlaw cash as being small-denomination gold coins minted in the Caribbean, and they would have the images of famous Mafia figures on the obverses.
15
posted on
04/16/2015 2:11:55 PM PDT
by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
To: C19fan
Time is pat to do away with all Ivy leaf college, Pampas A***
16
posted on
04/16/2015 2:15:02 PM PDT
by
SandRat
(Duty - Honor - Country! What else needs said?)
To: griswold3
Exactly everything takes a fee now. The whole business model is not based on hard sales anymore it is fees and service contracts.
To: C19fan
I agree with him. Abolish cash and go back to silver and gold!
18
posted on
04/16/2015 2:33:44 PM PDT
by
MeganC
(You can ignore reality, but reality won't ignore you.)
To: C19fan
19
posted on
04/16/2015 2:34:34 PM PDT
by
Opinionated Blowhard
("When the people find they can vote themselves money, that will herald the end of the republic.")
To: Opinionated Blowhard
20
posted on
04/16/2015 2:39:10 PM PDT
by
OldMissileer
(Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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