Politicisation of banks

Brodie Allen · Guru

Politicisation of banks

Whenarewethere · Guru

RE: Politication of banks

Magnarc · Guru

Hi All, I fear that the cashless society is closer than we think. When this occurs there is no doubt that banks and pollies will have a lot more to say about the way we do business, and it will not be to our advantage!

More and more businesses are adding 2% to card transactions. The era of getting a discount for cash will well and truly be gone in the near future methinks.

-- Edited by Magnarc on Tuesday 15th of August 2023 01:33:41 PM

msg · Guru

If you really look into it, it's scary.

How will we pay donation camps? (sorry)

msg · Guru

Yep, 2% on every transaction is only the beginning. "You will own nothing and be happy" is the goal for those who control us.

msg · Guru

I have been thinking that the huge fines for relatively minor offences are getting to be over the top. One way of getting everyone too scared to do or say anything I suppose.

Cuppa · Guru

I don't like the way it's going & it's implications of 'control' - because I have little doubt that that is what it is about.

It's been a long time coming. Governments of all colours have subscribed to the path we are on to greater or lesser extents. So much so that in the UK currently anyone with a 'voice' against what is happening are being 'cancelled' by corporate fed spin doctors.

However I also think it is inevitable so long as we, the people, continue to vote for political parties on the basis of our own personal needs that we'll get what we deserve. Blaming politicians is just abrogating our responsibilities as citizens & misses the target. Arguing about such matters has the relative few who have the real wealth rubbing their hands with glee. The arguing only results in ever greater blame of each other for our bad lot.

Until such time as we stand up for each other the corporates & their oligarchs will continue their control of everything we need, lining their pockets , controlling our governments & controlling us to ensure their ever expanding wealth. We let them do it because they promise us the wealth of capitalism, but in reality all that happens is the rich get richer (& more powerful) & the rest of us get poorer & increasingly disempowered. Easiest way to deal with that is to shrug our shoulders & point the blame at others who look or behave differently but are essentially in the same boat of trying to survive whilst the rich few get richer. Just look at the latest bank profits whilst homelessness increases as an example. We fight among ourselves but never see the target.

My wife & I saw this coming back in the days of Thatcher, it was the primary reason we left the UK for a better life in Australia, but the Thatcher style politics not only followed us here, but spread right around the globe. Survival instincts of the individual have been encouraged & survival of healthy communities ignored. As long as we do what the rich want - believe the lie that if only we work harder & smarter to improve our lives we can aspire to be like them, & be 'better' than our fellow citizens, the pattern of the rich getting ever richer at our expense won't change. All that will happen is greater selfishness-driven division among us, as disempowerment & the wealth gap increases.

I know this will sound like lefty nonsense to some, but that's what I believe you are expected to think. The biggest threat to the current grossly inequitable distribution of wealth, would be if folk cared about each other & not just themselves. Today left is no longer left. Anything which threatens the corporate powers is disenfranchised before it can get too organised, & it is folk in our community who are used as the weapons to ensure this.

-- Edited by Cuppa on Tuesday 15th of August 2023 02:20:27 PM

Basher · Senior Member

Likewise, not happy with the direction we are going, sadly the younger ones don't seem to get it and think its a great idea.
I think they will live to regret it, l won't.
I don't think l will see it,in my life but it is heading that way.
Basher

dorian · Guru

Cash is the currency of tax dodgers and criminals. How will they operate in a cashless society? Will cryptocurrency fill the void? But crypto is ultimately traceable, is it not? Interesting times ahead.

Whenarewethere · Guru

I think billion dollar legal advice is more of a worry than cash, but then I'm at the opposite end of the oligarch spectrum.

msg · Guru

Small Tax dodgers & criminals are the excuse, so we won't catch on to the really big ones. Global situation. Have a look at this. Its also U TUBE so is it really the ABC.
Misinformation/Disinformation? Trusted source? How true is it?

www.youtube.com/watch

Possum3 · Guru

Whenarewethere wrote:
Ironically there are more $50 & $100 notes in "circulation" than ever before, so are being stored somewhere under the bed!

$50 note - standard price of a "Hit".

Cuppa · Guru

msg wrote:
Small Tax dodgers & criminals are the excuse, so we won't catch on to the really big ones. Global situation. Have a look at this. Its also U TUBE so is it really the ABC.
Misinformation/Disinformation? Trusted source? How true is it?

www.youtube.com/watch

Scary stuff! Should our nation risk destabilising itself by righting the wrongs & bringing the bad guys to account, or should we look away & risk worse in the long term?

My thoughts are integrity will shine through if it is brought into play but it probably wont be a comfortable ride for all of us. The alternative would end up being far worse.

Gundog · Guru

It's not something I worry about because I'm 99% cashless now.

Rarely do I need cash now, I recall sometimes driving home from work, stop at a deli to get a drink which lead to something else like a snag roll or a lacker, now thats not an issue because almost everyone has an EFT treminal.

msg · Guru

RE: Politicisation of banks

Plain Truth · Guru

RE: Politication of banks

Whenarewethere · Guru

RE: Politicisation of banks

Tony Bev · Guru

I always carry some cash

Sometimes when travelling from A to B, I may not wish to wait around in a particular place, if an electrical problem stops me using my plastic card

Also, I simply refuse to use any self service checkout machine, as they are doing someone out of a job

I am also seriously considering, giving Kmart stores a miss, as I have to tell the bouncer on the self service checkout machine, that I wish to pay a human, and then have to wait for a checkout person to be called up, after I threaten to put the goods back on the shelf

I suppose that sometime in the future, it will become a cashless society
If it stops the druggies, then I will be all for it

I am off my soapbox now

Dick0 · Guru

dorian wrote:
Cash is the currency of tax dodgers and criminals. How will they operate in a cashless society? Will cryptocurrency fill the void? But crypto is ultimately traceable, is it not? Interesting times ahead.

Well, there you go! I have now been branded a criminal and tax dodger by a Grey Nomad because of my choice of Legal Tender. Take a note everyone and stay clear of Dick0.

Tony Bev · Guru

Dick0 wrote:
dorian wrote:
Cash is the currency of tax dodgers and criminals. How will they operate in a cashless society? Will cryptocurrency fill the void? But crypto is ultimately traceable, is it not? Interesting times ahead.
Well, there you go! I have now been branded a criminal and tax dodger by a Grey Nomad because of my choice of Legal Tender. Take a note everyone and stay clear of Dick0.

OK, Dick0

I will stay clear of you, until we meet up around February 2024, around the Greens Lake area

Hope that you and yours are all doing OK

ps
I have met Dick0, and we both know, that we both have a good sense of humour

Izabarack · Guru

ANZ is currently not allowing money in and out of Crypto exchanges. Just, no, you cannot move your money either way. Friend cannot even move hsi BTC to a clod storage wallet, just no, you cannot move your money around because we said so. ANZ says it's for your own good and we are saving you from being scammed. However, friend is trying to buy a house and wants his $100, 000 cash available to use in that purchase. The G'ovt introduced the New Payments Program in 2016 and their plan is to have a cashless system in place by end 2025 for Centrelink and all G'ovt agencies.

Whenarewethere · Guru

Possum3 wrote:
Whenarewethere wrote:
Ironically there are more $50 & $100 notes in "circulation" than ever before, so are being stored somewhere under the bed!
$50 note - standard price of a "Hit".

I think the bigger problem is why people are forever needing larger tow vehicles & out of balance tow ball issues!

money-under-mattress~2.jpg

dorian · Guru

Dick0 wrote:
dorian wrote:
Cash is the currency of tax dodgers and criminals. How will they operate in a cashless society? Will cryptocurrency fill the void? But crypto is ultimately traceable, is it not? Interesting times ahead.
Well, there you go! I have now been branded a criminal and tax dodger by a Grey Nomad because of my choice of Legal Tender. Take a note everyone and stay clear of Dick0.

Many tax dodgers and criminals use cash, but all who use cash are not tax dodgers and criminals.

A dog is an animal, but not all animals are dogs.

Do you now understand your logical fallacy?

rgren2 · Guru

www.9news.com.au/national/aussies-put-record-number-of-purchases-on-credit-cards-amid-costofliving-crisis/0f7e1ae9-6495-462f-9b73-db0a139bb583

dogbox · Guru

Cuppa wrote:

I don't like the way it's going & it's implications of 'control' - because I have little doubt that that is what it is about.
It's been a long time coming. Governments of all colours have subscribed to the path we are on to greater or lesser extents. So much so that in the UK currently anyone with a 'voice' against what is happening are being 'cancelled' by corporate fed spin doctors.

However I also think it is inevitable so long as we, the people, continue to vote for political parties on the basis of our own personal needs that we'll get what we deserve. Blaming politicians is just abrogating our responsibilities as citizens & misses the target. Arguing about such matters has the relative few who have the real wealth rubbing their hands with glee. The arguing only results in ever greater blame of each other for our bad lot.
Until such time as we stand up for each other the corporates & their oligarchs will continue their control of everything we need, lining their pockets , controlling our governments & controlling us to ensure their ever expanding wealth. We let them do it because they promise us the wealth of capitalism, but in reality all that happens is the rich get richer (& more powerful) & the rest of us get poorer & increasingly disempowered. Easiest way to deal with that is to shrug our shoulders & point the blame at others who look or behave differently but are essentially in the same boat of trying to survive whilst the rich few get richer. Just look at the latest bank profits whilst homelessness increases as an example. We fight among ourselves but never see the target.

My wife & I saw this coming back in the days of Thatcher, it was the primary reason we left the UK for a better life in Australia, but the Thatcher style politics not only followed us here, but spread right around the globe. Survival instincts of the individual have been encouraged & survival of healthy communities ignored. As long as we do what the rich want - believe the lie that if only we work harder & smarter to improve our lives we can aspire to be like them, & be 'better' than our fellow citizens, the pattern of the rich getting ever richer at our expense won't change. All that will happen is greater selfishness-driven division among us, as disempowerment & the wealth gap increases.

I know this will sound like lefty nonsense to some, but that's what I believe you are expected to think. The biggest threat to the current grossly inequitable distribution of wealth, would be if folk cared about each other & not just themselves. Today left is no longer left. Anything which threatens the corporate powers is disenfranchised before it can get too organised, & it is folk in our community who are used as the weapons to ensure this.

-- Edited by Cuppa on Tuesday 15th of August 2023 02:20:27 PM

were do YOU draw the line as far as who is considered to be wealthy, an should be contributing to the less wealthy?

rgren2 · Guru

Try and post a link to a news site and it gets marked as spam.

Dick0 · Guru

dorian wrote:
Dick0 wrote:
dorian wrote:
Cash is the currency of tax dodgers and criminals. How will they operate in a cashless society? Will cryptocurrency fill the void? But crypto is ultimately traceable, is it not? Interesting times ahead.
Well, there you go! I have now been branded a criminal and tax dodger by a Grey Nomad because of my choice of Legal Tender. Take a note everyone and stay clear of Dick0.
Many tax dodgers and criminals use cash, but all who use cash are not tax dodgers and criminals.
A dog is an animal, but not all animals are dogs.
Do you now understand your logical fallacy?

No logical fallacy there...you are just back-peddling now.

Izabarack · Guru

Whenarewethere wrote:
Ironically there are more $50 & $100 notes in "circulation" then ever before, so are being stored somewhere under the bed!

Apparently, more than a Billion in cash has very recently been removed from circulation. This was a Govt initiated action. This coincides with a successful trial of a Govt controlled and introduced Central Bank Digital Currency (CBDC) based on the Ripple Cryptocurrency. Again, apparantly, our most recently deleted PM and one time self appointed minister for everything, has had a hand in the effort to move Aust to a cashless society.

So, three things. A cashless society is much much closer than most think. Two, how the Interwebs unskilled and those withoput a digital footprint will get on is lacking a solution for general discussion. Third, how a reliable web and access with be provided to every nook and cranny in Aust.

Anyone remember the days of the PMG's Universal Guarentee that put the cost of a telephone installation the same no matter where in Australia the phone was to be installed?

I could post links to stuff on the likely introduction of CBDCs but don't want to risk being accused of spreading conspiracy stuff or trying to spreadpanic. If you do not have the Interweb skills to research them go immediately to panic mode.

dogbox · Guru

the PMG post reminds me of when we had the pay van rollup on site and pay everyone in cash then the change to we will put it in the bank for you at no charge to you.

dorian · Guru

Dick0 wrote:
dorian wrote:
Dick0 wrote:
dorian wrote:
Cash is the currency of tax dodgers and criminals. How will they operate in a cashless society? Will cryptocurrency fill the void? But crypto is ultimately traceable, is it not? Interesting times ahead.
Well, there you go! I have now been branded a criminal and tax dodger by a Grey Nomad because of my choice of Legal Tender. Take a note everyone and stay clear of Dick0.
Many tax dodgers and criminals use cash, but all who use cash are not tax dodgers and criminals.
A dog is an animal, but not all animals are dogs.
Do you now understand your logical fallacy?
No logical fallacy there...you are just back-peddling now.

Your accusation is offensive. My own elderly mother would be lost without cash, and she is neither a tax dodger or a criminal.