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It's really not

Posted on: August 28, 2016 at 13:14:48 CT

ummmm MU

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M.O.B. Votes:

I understand that central banking money is debt-based. It is not ideal.

But it is better than a cashless society where all money is digital and subject to being locked by computers.

I can support a cash society, as a compromise between the digital money cashless society and the ideal market based money society.

Okay, go ahead and say something cryptic now...

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

The Blessing Of Cash (And Why Central Bankers Hate It So - ummmm MU - 8/28 12:59:56

Could you summarize or use your own - Sleepy MU - 8/28 13:03:49

I don't know what you mean by that. What do you mean? - GA Tiger MU - 8/28 13:56:19

Sure. Central bankers hate cash because they have less - ummmm MU - 8/28 13:07:30

It's a half truth because central bankers like - Sleepy MU - 8/28 13:09:08

Several points... 1. Cash does not necessarily have to be - JeffB MU

- 8/28 14:06:40

But cash = less control - ummmm MU - 8/28 13:10:05

Clearly the concept of a half-truth is escaping you. - Sleepy MU - 8/28 13:12:25

It's really not - ummmm MU - 8/28 13:14:48

Yeah, you don't get what I'm saying. It's cool. - Sleepy MU - 8/28 13:25:05

Thanks for the cryptic response - ummmm MU - 8/28 13:27:42

Couldn't have been more straightforward. - Sleepy MU - 8/28 14:05:50