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Isn't being cashless great?

  1. #21
    Originally posted by MexicanMasterRace Yep. Cash loses value anyway its dumb to keep cash

    The same can be said about savings in a bank account, because inflation will devaluate it.
  2. #22
    Originally posted by MexicanMasterRace Yep. Cash loses value anyway its dumb to keep cash

    ja like cashes arent tied 1:1 to the numbers in your account.

    if a dollar bill lost its value, so is a dollar in your account.

    and the dollar that your credit master will lend you.
  3. #23
    Originally posted by Misguided Russian The same can be said about savings in a bank account, because inflation will devaluate it.

    inflation is caused by spending.

    the more you spend, the higher the inflation is.
  4. #24
    Wariat Marine/Preteen Biologist
    Any of you have experience getting paid by people or companies with cash through the mail? As a way to avoid potential government snooping wnd taxes? Is it risky tog et cashs ent this way? Thirugh post?
  5. #25
    Originally posted by vindicktive vinny inflation is caused by spending.

    the more you spend, the higher the inflation is.

    Yeah, endless spending of the government which prints out more money to spend more. This devalues your savings account.
  6. #26
    Originally posted by Misguided Russian Yeah, endless spending of the government which prints out more money to spend more. This devalues your savings account.

    no, if people refuse to use the extra money that the government have just printed then there cant be an inflation.
  7. #27
    Star Trek VI: The Undiscovered Country Dark Matter [my scoffingly uncritical tinning]
    Originally posted by vindicktive vinny no, if people refuse to use the extra money that the government have just printed then there cant be an inflation.

    Ok Confucius
  8. #28
    Originally posted by vindicktive vinny no, if people refuse to use the extra money that the government have just printed then there cant be an inflation.

    What if we just refuse to use toilets and start speaking punjabi?

    WHAT IF, WE, THE PEOPLE, hold down all minorities and forcibly fuck them? Nigger lover.

    Folx?
  9. #29
    Sudo Black Hole [my hereto riemannian peach]
    Originally posted by vindicktive vinny no, if people refuse to use the extra money that the government have just printed then there cant be an inflation.

    yes there is and that's a nonsensical scenario in the first place
  10. #30
    Originally posted by Misguided Russian What if we just refuse to use toilets and start speaking punjabi?

    WHAT IF, WE, THE PEOPLE, hold down all minorities and forcibly fuck them? Nigger lover.

    Folx?

    no need to get upset over the economy.
  11. #31
    Originally posted by Sudo yes there is and that's a nonsensical scenario in the first place

    whats non sensical ?
  12. #32
    Lanny Bird of Courage
    Not having to carry cash is pretty convenient. Most my income gets a W2 so the tax man is going to take his cut no matter what. It would be nice to have assets that can't be trivially digitally seized but I mean what are you going to do? Put your cash in your mattress and let it evaporate at the rate of inflation? Pass.
  13. #33
    Originally posted by Lanny Not having to carry cash is pretty convenient. Most my income gets a W2 so the tax man is going to take his cut no matter what. It would be nice to have assets that can't be trivially digitally seized but I mean what are you going to do? Put your cash in your mattress and let it evaporate at the rate of inflation? Pass.

    I have heard this many times: "keeping cash in a mattress". Cultured people use a safe. Where does this idea of mattress cash come from?
  14. #34
    Originally posted by Misguided Russian The same can be said about savings in a bank account, because inflation will devaluate it.

    What is interest precious
  15. #35
    Originally posted by MexicanMasterRace What is interest precious

    I don't get very good interest rates on my savings account.
  16. #36
    Wariat Marine/Preteen Biologist
    The dollar keeps going strong compared to polish zloty almsot four times now. I wish i could find a foreign kr us company to just send me cssh thriugh the mail. No middleman like paypal.
  17. #37
    Originally posted by Misguided Russian I don't get very good interest rates on my savings account.

    Probably because you are Russian.
  18. #38
    Originally posted by Wariat The dollar keeps going strong compared to polish zloty almsot four times now. I wish i could find a foreign kr us company to just send me cssh thriugh the mail. No middleman like paypal.

    I'll do it
  19. #39
    In an ideal world, no cash. In reality with meddling government, tempting illegal things and services, and the need to pay people/bribe them/buy stuff from them on the spot/get out of a jam, it is still attractive and/or necessary.
  20. #40
    the man who put it in my hood Black Hole [miraculously counterclaim my golf]
    I mostly use tap
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