Re: Abolition of Cash
Just been announced! HSBC is ending free banking!!
Just another step in the banking systems long term aims to
make maximum profit from prcessing what passes for money
these days?
So now, instead of the banks enticing your money out of your
pocket and into their vaults by offering you a small interest
payment, They are now going to charge you a fee for the honour
of it just laying there doing nothing? Why would we do this?
It may as well lay under our mattress ??
Hence the drive to remove cash from the system ??
We wont be able to keep our credit balance under the mattress !!
Once we are hooked, if we become restless about how things are
going, all they have to do is to switch off our cards !!
This has happened allready in Greece at the beginning of the greek
financial crisis, when citizens were unable to access their funds !!
Combined with the huge reductions in bank staff over the last few
years, this means that the large profits banks make will now be
shared amongst vastly fewer people !!!
We need to lobby for a return to cash as a matter of urgency before
It becomes fait accompli !!
Donkeyman! 😟😟😟