Posted on 05/27/2018 3:14:39 PM PDT by Olog-hai
As Sweden moves ever closer to a cashless economy, tourists are starting to complain, according to state promotion agency Visit Sweden.
Ewa Lagerqvist, the agency’s chief executive, told Sweden’s TT newswire that Germans, who frequently use cash at home, expect to be able to do so in Sweden as well. “The Germans want to avoid the charges which banks take out on card payments, but they also cite deep-rooted privacy concerns when they consider why they want to be able to use cash,” she said. “For the Brits, it’s more purely the bank charges which annoy them.” Tourists also complain that some payment systems only work with Swedish credit cards, excluding foreign consumers.
The complaint comes as Sweden’s Swish Payment system suffered a serious outage on Saturday, underlining the limits of a cash-free world for those who had been relying on the service for summer flea markets held across the country. The problem, which started at around 1 pm, was resolved after a few hours.
More and more cafés, restaurants and bars in Sweden are going cash free, hoping to save staff time, reduce the risk of them pilfering from the till, and to stop violent robberies. …
(Excerpt) Read more at thelocal.se ...
I believe the Union will have something to say about shutting down the US mints.
Most of the credit card companies seem to be at 3% plus the least favorable exchange rate for you (they get a preferred commercial rate and keep the spread).
Necessary to usher in the hip and modern future of transaction taxes, wealth taxes, negative interest rates, being “turned off” for wrongthink, state and corporate micromanagement of your activities, blackmail, etc. If you can’t escape the system you can’t resist.
“But freedom is dirty and old fashioned”
They’re going full fascist in Sweden.
Well, let me ask you: Do you use a credit card, yes or no?
Let’s not demonize something because “It is the evil Apple”. You use some form of computer and OS, or you wouldn’t be here. This isn’t about “heavy eyelids” editor-surveyor. Lets have a discussion.
So the question I ask you is do you use a credit card? Do you ever buy things online? Do you donate to Free Republic and they have your credit card info? (just as an example)
Cash Free = Government Control
Cash free means the government sees all. It is setting up to be able to take what it wants when it wants.
Cyprus.
A cashless society is a globalist, tyrannical, central bankers wet dream, all the Theft and Fraud is internalized and the serfs are dependent on their masters for their daily bread.
It’s all about end times prophecy, the cashless society.
They will neither buy nor sell without the mark of the beast.
There’s no coming back for any who accept the mark.
Beware all of this, there’s no redemption once that mark is accepted.
Don’t get me wrong-a cashless society would be a very bad thing indeed. But I am speaking about specifically the usage of a credit card.
I am addressing a very narrow focus here.
I picked up what you’re laying down, my comment was more for a general read.
Also it ensures nobody is getting paid under the table so the government gets their “fair” share.
I insist on using cash in those situations too.
AND
I refuse to do online banking. Go ahead and hack my computer. Dig around in there. You won’t find a bank account password no matter how hard you look. There isn’t one. There never will be.
Cash will always exist. There will always be a demand for it. If one country refuses to issue it, people will use other country’s currency, or gold or silver or bitcoins or something. I am unwilling to hand over total power over my financial transactions to any government.
It also ensures they can track every purchase you make...and that no taxes can ever be avoided....and that they can shut down your access to all your money with a keystroke.
Pass.
Yet some think that going back the gold standard is crazy.
But when you have a gold or silver coin in your hand, the value is in your hand.
Vs. having digital money that they can take away from you in instance for any reason whatsoever.
So who’s really crazy.
only a handful of countries
can afford to close-down their
cash-based informal economy
Sweden might be one of them.
India imposed a ban on some cash. It hurt a lot of poor people.
http://www.bbc.com/news/world-asia-india-41100613
I don’t think it is crazy at all. I am for it.
Digital money is just another form of fiat currency as far as I am concerned...with even MORE likelihood you wake up one morning and it is all gone!
“The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power. Not wealth or luxury or long life or happiness; only power, pure power.”Truth is that anyone who seeks power does so regarding it as an end rather than a means. Stomping on the good of others, and the lives of others, to attain it is part of the sad history of mankind apart from God.
Nope.
Governments will try to push negative interest rates. This is basically what happening here with extra bank charges for tourists. Even the effete, millennial metrosexual Swedes won’t go for that.
When I travel, we always take plenty of cash. Even when we contact our CC companies, we have been declined because of security reasons. It just takes one time.
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