| Author |
Replies: 25 / Views: 6,728 |
Page 2 of 2
|
|
|
|
Valued Member
Australia
138 Posts |
$50 notes are standard in Australia, I hate having to use $20s and smaller when I go back to Canada. I usually ask for $100 notes when I'm at the bank. And no Glenn, I'm not a drug dealer, I just like having a nice compact stash of notes when I go shopping.  Have polymer notes ever been used in a cold weather country? Sure it's nice to put notes through the wash but even here you come across so many notes that have been taped or stapled back together. It will be interesting to see how these hold up to multiple folding in -20 weather!
Edited by oasis 06/21/2011 09:29 am
|
|
Pillar of the Community
Canada
1733 Posts |
No offense at all intended Glenzy, you're thinking like a cop :) and your thinking is stilted to the best way is Big Brothers way.
In all seriousness, I'm totally sick of every nickel I move being tracked and traced by someone. There are sales of things like recyclables and rocks that I want in CASH. I don't want to cough up half of that cash for welfare and public union pensions, I want to keep that cash for ME. If I take it through the bank or paypal things won't work out that way.
Besides this concept of controlling the drug trade doesn't work. I'd rather pay for a six man trained and dedicated team of cops in every major center to recover kidnapped children than pay for yet more hemp controlling activities that don't work. Did I say it doesn't work? I think I did.
On a related note Glenzy, if you got your way, then 100 dollar US notes or 100 Euro notes would start circulating, people do what they need to get business done regardless of government meddling. As an example it's funny how the gun registry hasn't resulted in a greater percentage of solved gun related crimes like they promised it would and thank God this isn't yet a police state considering the absolute BS that spills out of the council of Police Chiefs. Good cops? Yes, certainly. Good government? Oh my Lord in Heaven NO.
Bottom line, if they push too far with the lack of paper currency we'll all just use someone else's.
|
|
Pillar of the Community
Canada
3692 Posts |
I think it has more to do with volume and demand than actual money. (Example, blocking up Panama did nothing to curtail Columbian flow of drugs.) Pre-loaded debit cards are one way to get around cash. The main thing is that big drug companies would have to admit that their thousands of patented formulas are useless next to the benefits of pure hemp. Destroy the cartels by giving them incentive to transform into carriers of medical aid. Print money on hemp - it returns the trust back to industry not bureaucracy.
|
|
Pillar of the Community
Canada
617 Posts |
The next question would be , is it time to start hoarding older bills or would that just be a waste of time?
|
|
Pillar of the Community
Canada
4944 Posts |
I wouldn't start hoarding Journey Series notes, There were millions and millions printed.
|
|
Pillar of the Community
Canada
1051 Posts |
Ugly, I wish more people could understand your viewpoint. The phrase "if you have nothing to hide, you have nothing to worry about" is fiction. Freedom means adhering to a set of principles, not accepting invasive measures because you "have nothing to hide". A cashless society sounds great until you consider that someday the government may skim some sales tax off the top them you buy something at a garage sale with your digital credits. A completely traceable system puts people at the absolute mercy of those that manage the flow of those credits.
|
|
Valued Member
Australia
138 Posts |
Another huge problem with the "cashless" society is that you're relying on the computer systems staying up at all time. I believe three of the four major banks in Australia have had problems just in the past few months where their systems have gone down for a day or two.
|
|
Pillar of the Community
Canada
1923 Posts |
I believe in metal cash like gold and silver bullion or coins it seem to be the safety zone when the stock Marget or world economy goes bad and paper money or promises are all you have left its hard to eat on promises.
|
|
Forum Dad
 United States
24170 Posts |
|
|
Pillar of the Community
Mexico
1304 Posts |
oh my...that was quick! Nicely done!! Wish I would have thought of it. :)
|
|
Administrator
 United States
326 Posts |
Cleaned up. Please stay on topic.
|
|
Pillar of the Community
Canada
3692 Posts |
I'm going to check the bills for anything unusual. First runs can have errors they don't foresee. An example is the $100 peso note from Mexico with a Freudian slip in the legend.... which incidentally has a train on it - a note with roughly the same value as the future $10 CAD with a train on it.
Edited by Libertad 06/23/2011 8:12 pm
|
|
Pillar of the Community
 Canada
617 Posts |
On the usefulness of $100 bills for lawful commerce.
At my local Costco, you can pay for items in cash, or by American Depress. I don't really want to get an American Depress card for the eight times a year I go there, so I'm stuck with cash.
If I wanted to buy a $700 flatscreen, that's 35 twenties, which are awfully hard to keep track of. I found its much easier to go to the bank and get 7 hundreds.
|
|
Valued Member
Canada
496 Posts |
Will grading standards change for these 'plastic' notes?
|
|
Pillar of the Community
Canada
1733 Posts |
I imagine there have been allowances made for grading. Looking into Australia bank note grading, likely be the same for us.
|
|
Page 2 of 2
|
Replies: 25 / Views: 6,728 |
Page 2 of 2
|