Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!
Where you at? Close to northern Arkansas?That's what they WANT to happen.
The reality is the opposite. I'm traveling in the American Southwest right now - and cash is welcomed, even by motels that for years, would only allow CC payments. Some truck stops give discounts for cash sales - even small gasoline sales at the auto pumps.
The only advantage to CCs, now, is in not having to worry about your supply of green paper. I've got a couple of stashes around the truck body, so I'm a bit moar secure that way. Oh, and buying gas with a credit-card is quicker. Costs you a few cents moar a gallon, and opens you up to electronic hacking/theft by scanning-theft devices on pumps...but it's moar convenient.
Side note: I didn't realize until last week that TRAVELERS' CHEQUES are now unobtainium. Those were a great way to protect your money - even if the po-po confiscates them, they could be replaced. NOBODY could turn them off.
Now they're gone.
I'm at my second night in the Grand Canyon. The park is beautiful; but the ugly social dynamics are on full display. As an Engrish Spreaker, I'm in a minority here.Where you at? Close to northern Arkansas?
Three central banker/BIS reps published a paper on "Fast payments and financial inclusion" for the BIS. It states in the introduction:
20 page .PDF:
The best way to fight against implementation of a CBDC is to use cash.
Very similar growing up in a small rural town in AUS in the 1970'sKids today dont want to work. Not all kids, obviously, but for those of us in our '60s and '70s it an entirely new dynamic out there.
Like most of you I never got shiite unless I worked for it. The old man would throw me a buck or two a week "sometimes" but I had to schlepp up and down 4 storys of our building every day to empty garbage "yes back then building owners empties the garbage of their tenants". Then I had to mow grass, shovel snow, clean windows, gutters, and everything else they could think of. And the old man wouldn't tell you a 2nd time. From there in about 6'th grade I got a morning paper route and really made some cash but it was a 0400 hrs wakeup and you had to fold your papers and then run your route to finish in time for 0630 hrs mass for when you were assigned as an altar boy.
I didn't mind that. Serve the early mass's and they'd throw you the weddings which is where the real money was. Nobody tipped for funerals.
From there I Lied on the form to get a job at a grocery bagging grocerys. A real union job with great benefits but we had to work our ass's off. Which I did and got promoted to stock work when I was 16yo, "by then they knew I lied but was such a good worker they didn't care". So when I was 15yo I bought my first car, a 1963 Buick Wildcat with a 445 cu big block, and drove that illegaly for a year without even a permit let alone a License or insurance. When I turned legit 16yo I found a beautiful 1966 Ford Mustang with 30,000 mi on it, garage kept, with a .289 V8 and custom "Pony" interior.
But boy, talk about work. Back then a 2400 piece load would come in on pallets and every single box of items would have to be lifted and put on a roller table where one guy would cut open the box, another would stamp the price, and another "usually me" would have to load the table and unload it after the box was stamped and put it on to two wheel trucks that we'd have to wheel out to the aisle where every can or bottle or box would have to be taken out and put on the shelves. Even if you were bagging or checking every item for sale would have to be inputted manually and bagged into paper bags. If you worked outside in the freezing cold you'd have to put the bags into customers trunks.
I'm not complaining, it was a wonderful upbringing, and we learned to work the honest way. The way that made this country great. We had bowling nights and parties. Sundays we had Monty Python night where we smoked dope, drank beer, and laughed like hell at the TV. And in between all of this we played softball, football, hockey, box'ed, went to drive ins where we banged the girls. The world was our oyster. And if the cops ever stopped you for anything they'd always ask if you worked and since I worked and went to school full time, and was a star on the local football team, I never got tagged for speeding.
Today I went to the grocery store for food and there were baggers older then me. I bet the average age of the work force in there was 50yo. Ive never seen one kid working in there. Not even on weekends.
Yeah, much the same. Except I didn't work while in school. Hustled a bit - lawn mowing, some leaf cleanup, odd jobs - but no regular jobs. Partly because I was a lousy student and my grades were low.Kids today dont want to work. Not all kids, obviously, but for those of us in our '60s and '70s it an entirely new dynamic out there.
Like most of you I never got shiite unless I worked for it....
You grow up in the PNW?I think everyone here over sixty has a similar story.
No grocery store work for me — I wasn't related to the albertson or safeway store owner.
Farm work was all that was available. Unloading potatoes, picking up hay bales, driving silage trucks or harvesting corn.
Working on a mate's Dad's farm stacking hay bales 13 - 14 yrs old for extra pocket money is Real WorkI think everyone here over sixty has a similar story.
No grocery store work for me — I wasn't related to the albertson or safeway store owner.
Farm work was all that was available. Unloading potatoes, picking up hay bales, driving silage trucks or harvesting corn.
Then you saw it, when it was normal...civilized....and lacking a certain disruptive element.Moved to seattle in 65.
Nineteen year old farm boy from Idaho.
Lived here since.
Develops those stringy lifting muscles.
I had to flip them up on the hay wagon for my buddy to stack.
5¢ a bale, shared between us.
Bucking hay was what we called it. Late ‘80s was $3.75/hour. better than a nickel a bale, split. So hot you got chills. The ride back to the field in the bed of the truck was our break to cool off in the wind. Still remember my employer telling me how neat that my older brothers would jog to the next bale…..I think everyone here over sixty has a similar story.
No grocery store work for me — I wasn't related to the albertson or safeway store owner.
Farm work was all that was available. Unloading potatoes, picking up hay bales, driving silage trucks or harvesting corn.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?