Posts by Redwing7

Quote from definitely-not-indy

yeah, and you brought us the musings of that guy to say it.

It's simplistic nonsense. Cash is for not writing down transactions so you can avoid paying the taxes on it. Cashless has massive benefits, and regardless of how you feel about it, you live in a global economy with global supply chains, and if you want to bring it back, make things worth investing in.

Cashless has massive drawbacks. The biggest is being turned off at the press of a button by your government. Being hacked or a power outage is another.

What's up Scrote! You back to war profiteering? Or still making trips to the frozen alien outpost?

Strike is over till January. It was a bad look for the dems so tgey are "postponing" it till after. My guess is mostly if Trump wins, then they'll cripple the country.

Quote from definitely-not-indy

The economy is global. You did not post that from a device made in your community, from resources harvested by your community.

So you're a new world order guy?

I'm saying to use cash in your community as much as possible.

A cautionary tale...

Quote from Danneskjold

I've been using Etsy, Paypal, Zelle and Venmo. Just got Venmo credit RFID reader, too.

2-3% for any. But 3% of a sale is a lot better than no sale at all. And before I just got the Credit Card tap reader, I lost probably 4 or 5 sales of people who didn't have cash or their phone, but had a card.

That's great, I'm not saying we shouldn't have them or use them. Just saying a completely cashless society is fucked...

Quote from definitely-not-indy

It's called Velocity of Money. That argument rests on the assumption that the bank simply hordes the money forever and it's gone. That ignores all operating expenses of the bank, lending, dividends, investments by the bank, etc.

Most of those are outside the community are they not?

Quote from definitely-not-indy

The seller pays 0.5%, but in exchange, but now also they don't have a cash box that can be stolen, don't need safes, cash transportation services, it curtails employee thefts, makes all of the paperwork easier, makes taking foreign currency much easier, makes crime like money laundering far more difficult, etc, etc. Huge benefits for consumer & vendor.

Andrew Tate is a human trafficker selling nonsense to little boys.

.5% is the low end and probably from a few years ago. .73% is the national average today for a debit card. Foreign transactions are higher. So it may take a bit longer but eventually 100% of the money is out of local circulation.

Ok, Andrew Tate is a giant douchebag but explains the cashless system well.

If I pay a worker $100 cash, then he goes around and spends that cash around town. And the places he spends it at turn around and spend it and so on, the money circulates in the community providing 1,000's of dollars in cash flow. From a single $100. Now replace the worker and all involved with using a debit or credit card. Each transaction has an approximate 3% charge on it. After X amounts of transactions, who has the entire $100? The banks that who.

If you'd like to be more disgusted, do taxes...

They are really "Weekend at Bernie's" his decrepit old ass...

The dock workers are in a dying industry trying to milk it out for everything they can. And are completely willing to "cripple" the country to get it. California, Europe and Asian ports are already automated for the most part. These guys are no different than telephone operators and buggy whip manufacturers from the days of old.

And if everyone gets a 100% (or whatever %) wage increase every 5,6,7, etc years or so, what do we really gain? Everything would increase in cost at the same rate, everything. So in essence, no one would be better off...

I'm reading they have closed the airspace to rescue efforts so Biden can tour the area...

You have to lick it BEFORE you stick it!!!

I think I may have just discovered why Storch won't eat snatch...

Fighting against automation is a losing battle. Demanding more money just expedites it.

"You people" still argue a lot.

Wait till .gov starts replacing them with illegals.

With kids, most has to do with the food industry poisoning them...