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8chan News Board Ring: /pn/ - Politics and News - /politics/ - Politics

File: 1458090821989.jpg (55.46 KB, 302x400, 151:200, captain_swedenfg1.jpg)

 No.339979

http://www.nytimes.com/2015/12/27/business/international/in-sweden-a-cash-free-future-nears.html

STOCKHOLM — Parishioners text tithes to their churches. Homeless street vendors carry mobile credit-card readers. Even the Abba Museum, despite being a shrine to the 1970s pop group that wrote “Money, Money, Money,” considers cash so last-century that it does not accept bills and coins.

Few places are tilting toward a cashless future as quickly as Sweden, which has become hooked on the convenience of paying by app and plastic.

 No.340003

File: 1458092002050.png (210.71 KB, 1995x836, 105:44, sweden.png)


 No.340008

File: 1458092218621.png (83.84 KB, 672x694, 336:347, 781836298540.png)

>>339979

So uh, what's the problem here?


 No.340009

>>340003

>anal storm

I sniggered.


 No.340014

>>340003

>sweden

>putting shit in their mouth

It's funny because usually it goes out of them.


 No.340018

From glorious Vikings to this… fucking amazing.


 No.340036

>>340008

Without money, your savings are entirely dependent on banks ALONE.

This makes de facto central planning easier because by lowering the interest rates of the central bank, the high street banks will respond in kind, and then people will be forced to spend their money instead of saving it.

They want to drive the economy along based on pumping demand through the central bank. Getting rid of cash is the perfect way to do it, because poor people can hoard it, or use it to invest in things outside of the banks.


 No.340264

File: 1458113006486.jpg (174.79 KB, 666x666, 1:1, sorrrrrrrrrr.jpg)


 No.340275

SWEDEN YES


 No.340288

File: 1458115091425.png (450.81 KB, 800x450, 16:9, anyeurism.png)

>>340008

Sweden wants negative interest rates on their banks in a cashless society.

If you can't figure out what's wrong with that, then you're probably an imbecile.


 No.340363

YouTube embed. Click thumbnail to play.

DON'T WORRY M'LADDY


 No.340377

>>340288

Belgium also talked about negative interest rates.

I fucking hate socialism.


 No.340387

File: 1458129079237.jpg (61.8 KB, 605x480, 121:96, saint_jerome_2.jpg)

>>340008

>>340288

"

Imagine a bank that pays negative interest. Depositors are actually charged to keep their money in an account. Crazy as it sounds, several of Europe’s central banks have cut key interest rates below zero and kept them there for more than a year. Now Japan is trying it, too. For some, it’s a bid to reinvigorate an economy with other options exhausted. Others want to push foreigners to move their money somewhere else. Either way, it’s an unorthodox choice that has distorted financial markets and triggered warnings that the strategy could backfire. If negative interest rates work, however, they may mark the start of a new era for the world’s central banks."

sauce

www.bloombergview.com/quicktake/negative-interest-rates

> let that it says "trigger warnings"


 No.340406

>>340387

So what if we just take our money out of the bank?

Can't chargem e if nothing's in there now, can they?


 No.340422

>>340406

The problem there is if they push for this cashless society. You can't take your cash out of the bank and stuff it into your mattress if there is no cash.

You go pure digital and you're at the mercy of whoever owns the servers.


 No.340428

File: 1458132984989.jpg (242.56 KB, 500x500, 1:1, mises.jpg)

/LEFTYPOL/ ON SUICIDE WATCH


 No.340429

>>340428

Jokes on me, wrong post.

This shit would make those commies happy anyway.


 No.341378

>>340429

ayy lmao


 No.341406

>>340036

>your savings are entirely dependent on banks ALONE.

They are regardless. Who the fuck hordes fiat currency?

How to not fuck up

>get paid

>buy essential shit / pay bills

>buy gold

>wait for shit to hit the fan


 No.341422

File: 1458192030787.jpg (28.75 KB, 400x400, 1:1, 3476897845.jpg)

>>340008

>he wants a paper trail of every cent he spends

>he can't see the negative implications of this


 No.345595

>>339979

Plastic is the future.


 No.345632

>>345595

Gassing is the future. If all your money is on plastic, the banks or government can simply freeze your money or take it out to punish you for dissidence or for not paying child support, etc. It makes you completely dependent on the government liking you.


 No.345642

>>345632

good point


 No.345661

>>345632

>invest in Ovens and Gas Futures Inc™


 No.345732

Are there any books that /n/ recommends to learn the basics of Finance and Banking?




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