Article

2010-06-07 Economy

Swedish Government Agency Proposes A Retail Ban On Cash

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Posted by Anonymoose 2010-06-07 00:00|| || Front Page|| [6 views ] Top

#1 Fastest solve to the robbery problem is let shopkeepers have guns...

Posted by M. Murcek 2010-06-07 08:28|| 2010-06-07 08:28|| Front Page Top

#2 The comments elsewhere about this story show a great distrust of government, in that they recognize that cash equals freedom, and electronic transfer means government control.

Comments along the lines of "Pry the cash from my cold, dead fingers."

Posted by Anonymoose 2010-06-07 10:30|| 2010-06-07 10:30|| Front Page Top

#3 I'm reminded of the Martin Beck novels by Maj Sjöwall
and Per Wahlöö that I read in the 1970s, There was an undercurrent of governmental creepiness depicted in those; ids required for purchasing liquor in liquor stores with monthly limits, officious police, and incompetent officials. It's nice to know things haven't changed.

Posted by Eric Jablow 2010-06-07 18:42|| 2010-06-07 18:42|| Front Page Top

#4 sounds to me that they're about to outlaw the "Money under he Mattress" savings plan.

Posted by Redneck Jim 2010-06-07 20:15|| 2010-06-07 20:15|| Front Page Top

#5 guess traditional law enforcement to cut down on the robberies is a non-starter in the social-utopia of Sweden

Posted by abu do you love 2010-06-07 20:19|| 2010-06-07 20:19|| Front Page Top

#6 The people mostly have the right idea that it is a bad idea.

It is important to see the difference...credit cards, debit cards, ET are all transactions; the next gen of writing a check if you will just faster, more convienant than filling out a credit application all the time etc etc.

What this gov man is suggesting is getting rid of the physical barter unit of cash. Virtual Gold, actually more radical than the Carbon Credit which could laughably be considered a set amount until some volcano erupts. No physical barter cash means no governance on government. Also make it real interesting if some hacker gets into the system hmmmm.

Posted by swksvolFF 2010-06-07 21:37|| 2010-06-07 21:37|| Front Page Top

#7 So the robber doesn't demand cash... just material goods.

Problem solved by government thinking.

Posted by DarthVader 2010-06-07 23:25|| 2010-06-07 23:25|| Front Page Top

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