Money

[The Frightful]

For me:
Cash is a pain.
Change is a pain. (The MRLP Financial Manifesto proposed the introduction of a 99p coin.)
Cash has been a pain for many years, since before cards and certainly before phone banking. I used cheques wherever I could. If you are beyond a certain age you might have stood behind me at the checkout while I wrote one out.

Yes there are cash only businesses but there are far more cash-free ones.

I don’t really understand the OP; certainly not the moral or slavery bit.

Anyone who thinks that they have privacy these days is either very naive or self delusional. The genie is well out of that particular bottle by now.

Have phone, will travel - anywhere in any currency. Right across Africa and Asia the phone is becoming the preferred payment method.

Have I ever had a problem? Just once ten years ago in York when I couldn’t get into a cinema when their system went down. When our local garden centre’s system went down they just took card details. Slowed down but not stopped.

I’m not being adversarial, it’s just how I think- you may not agree with me and that’s fine.

Agree to a certain extent but if the power network goes down which it has done locally all over the country and I've experienced it twice in the last few years once locally in England and a few moths back in Wales your screwed especially if the powers out over the battery life of your phone. Tills may not open but you can still pay by cash, no change, buy more provisions near to the value of the note. Im not a prepper but i have at least a months supply (on rotation) of non perishable foods and household basics just incase of this. Just imagine the chaos if the power stations stop for whatever reason.

 

[Chris]

Agree to a certain extent but if the power network goes down which it has done locally all over the country and I've experienced it twice in the last few years once locally in England and a few moths back in Wales your screwed especially if the powers out over the battery life of your phone. Tills may not open but you can still pay by cash, no change, buy more provisions near to the value of the note. Im not a prepper but i have at least a months supply (on rotation) of non perishable foods and household basics just incase of this. Just imagine the chaos if the power stations stop for whatever reason.

This is one reason I'm looking at getting a Jackery and one of their solar panels. Something that money can do to help shield me from things.

 

[British Red]

This is one reason I'm looking at getting a Jackery and one of their solar panels. Something that money can do to help shield me from things.

There are better choices than Jackery Chris. DM me when you want to buy & I'll go over the options for you (I can usually sort you out some discounts too depending on make)

 

[Falstaff]

Like many on here, I remember the three-day week and scheduled power cuts. My parents shop was able to stay open as we had a manual till, and the natural light was'nt too bad until late afternoon.
However, now, as Gray Cat describes, it is not really viable for small firms/shops to take cash by candle light. The risk is too high for most. HMRC are looking very closely at tax returns via the digital system and automated analysis. Where a company takes card details down, to input when the power goes back up, they risk the transaction not being accepted by the bank/system.
As a sole trader well below VAT level, my terms are cash or cheque, but I am increasingly obliged to relent and accept bank transfers. Recently as a result, I have found myself short of cash for legitimate purchases. The knock-on effect of this is that I cannot get the same discounts.

 

[TeeDee]

Canada, was that where they blocked all the demo truck drivers bank cards, as the authorities/govt did,nt like them protesting by ceasing deliveries?

Well, as of today that won't be happening again for the foreseeable future.

 

[Falstaff]

Well, as of today that won't be happening again for the foreseeable future.

I doubt the other parties will be able to resist using it, now they've seen how effective it is.
Much as I love the Canadian people, their politicians lean more towards the American style of enforcement.

That's why Trudeau was such a change and breath of fresh air. At the outset he was knocked by all as not having the nous and experience to do the job, but overcame a lot of difficult situations well, did better and lasted a lot longer than predicted. Like all politicals everywhere though, it was the worsening global economy that finally finished him. Mark Carney certainly has the creds for the job but I'd be surprised if he goes for it.

 

[TeeDee]

I doubt the other parties will be able to resist using it, now they've seen how effective it is.
Much as I love the Canadian people, their politicians lean more towards the American style of enforcement.

That's why Trudeau was such a change and breath of fresh air. At the outset he was knocked by all as not having the nous and experience to do the job, but overcame a lot of difficult situations well, did better and lasted a lot longer than predicted. Like all politicals everywhere though, it was the worsening global economy that finally finished him. Mark Carney certainly has the creds for the job but I'd be surprised if he goes for it.

Like, Gas?

The future for Canada will be what it will be.

 

[British Red]

I doubt the other parties will be able to resist using it, now they've seen how effective it is.
Much as I love the Canadian people, their politicians lean more towards the American style of enforcement.

That's why Trudeau was such a change and breath of fresh air. At the outset he was knocked by all as not having the nous and experience to do the job, but overcame a lot of difficult situations well, did better and lasted a lot longer than predicted. Like all politicals everywhere though, it was the worsening global economy that finally finished him. Mark Carney certainly has the creds for the job but I'd be surprised if he goes for it.

That's a very generous interpretation. The Guardian (hardly a hot bed of right wing opinion) is rather more condemnatory about the economy, the housing crisis, the gift scandals, the payments to his family by charities etc.

Why is Canada’s Justin Trudeau stepping down as prime minister?

Fifty-three-year-old has been under pressure to quit for some time amid economic malaise and political scandal

www.theguardian.com

 

[Falstaff]

That's a very generous interpretation. The Guardian (hardly a hot bed of right wing opinion) is rather more condemnatory about the economy,

True, so in terms of gifts, charity payments etc he's as dirty as the UK politicians, which is a lot cleaner than some of his opposition, (alledgedly). I wouldn't stoop to defend such behaviour, but the economics are global and not within his control.
I don't expect the opposition to do any better if in power, anymore than I think ours can, as demonstrated today with the UK Bonds sale. For better or worse, Trumpenomics will have a far greater effect than anything anyone else can do.

 

[British Red]

True, so in terms of gifts, charity payments etc he's as dirty as the UK politicians, which is a lot cleaner than some of his opposition, (alledgedly). I wouldn't stoop to defend such behaviour, but the economics are global and not within his control.
I don't expect the opposition to do any better if in power, anymore than I think ours can, as demonstrated today with the UK Bonds sale. For better or worse, Trumpenomics will have a far greater effect than anything anyone else can do.

Personally I think he has been a disaster on housing, the economy & civil liberties. However this is now well into politics so I will leave it there.