Forum Message

Topic: Re:Reply
Posted by: Jonathan Callaway
Date/Time: 25/07/21 13:15:00

Over a million people in this country have no bank account or credit card. Cash is their only option. Cash in circulation is still rising despite the falls in its use for shopping in part thanks to Covid.

The view in the finance sector is that cash is here to stay even though we all use it less and less. Banks would love to do away with it. Storing it and transporting it is expensive. Cash machine fees (which we mostly don’t see) fail to cover costs which of course is why ATMs are getting very thin on the ground.

But cash will remain despite all this - it will always be anonymous and the black economy is still pretty active.


Entire Thread
TopicDate PostedPosted By
The future of money25/07/21 11:44:00 Alda Bruno
   Re:The future of money25/07/21 11:50:00 Barbara Stevens
   Re:The future of money25/07/21 12:07:00 Freddie Francis
      Reply25/07/21 12:28:00 Michael Ixer
         Re:Reply25/07/21 12:37:00 Matt Palmer
            Reply25/07/21 13:00:00 Michael Ixer
               Re:Reply25/07/21 13:15:00 Jonathan Callaway
                  Re:Re:Reply25/07/21 13:35:00 Freddie Francis
                     Reply25/07/21 13:57:00 Michael Ixer
                        Re:Reply25/07/21 16:26:00 Adam Tripp
                           Re:Re:Reply25/07/21 16:40:00 Matt Palmer
                              Re:Re:Re:Reply25/07/21 16:52:00 Alda Bruno
                                 Re:Re:Re:Re:Reply25/07/21 17:00:00 Adam Tripp
                                    Reply25/07/21 17:12:00 Michael Ixer
               Re:Reply25/07/21 19:23:00 Ed Robinson
                  Reply25/07/21 20:12:00 Michael Ixer
   Reply25/07/21 19:00:00 Michael Ixer
      Reply25/07/21 19:19:00 Martine Guy
         Cash usage in society25/07/21 19:37:00 Jonathan Callaway
            Reply25/07/21 20:13:00 Martine Guy
            Reply25/07/21 20:27:00 Michael Ixer
               Re:Reply31/07/21 13:08:00 Alda Bruno
                  Re:Re:Reply31/07/21 20:34:00 Mike Essam

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