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Good afternoon, having seen this subject up for debate, I felt compelled to mail you on this subject.
The sheer audacity that SOJ feels the need for this at all is utterly ridiculous.
Not only does the govt tax our hard earned money. They now seem to think they must TELL us how we may spend it.
Abetted by the banks, who take & hold our money & now 'dictate' to us how much we can & and can't deposit or withdraw, they manipulate the financial system to their own ends & have been for decades & longer.
Removing bank branches & ATM machines across the UK in an effort to force the general public to use their online systems, in an effort to reap more profits from cost saving autonomous systems.
Encouraging local businesses to use the autonomous systems, with financial incentives like lower fees for online only business' is simply unfair, discriminatory & private companies like banks, should not be able to use these practices. It should be illegal.
They are, & have been the manipulating the financial system for decades.
The banks & Govt force regulations on the general public hand in hand, in the name of AML, when everyone knows from previous huge money laundering cases, that the largest money launderers in the world & always have been, are the banks themselves.
Recently in France a law has been passed forcing retailers to accept cash alongside cards or face fines.
Australia the same.
In Sweden, who have been cashless for some time....are reversing cashless policies because they refuse to be dictated to by private companies like banks. Being cashless eventually causes more issues than not. This is not the time for this yet.
It is simply undemocratic & makes govts look like bankers puppets....
Forgetting completely who they actually represent... the people who employ them, vote for them...us, the general public. It is over reach banks & should be regulated rigourously. To be endorsed by our own SOJ govt is massive over reach & discriminates against many sections of society, particularly the vulnerable.
Many many people in Jersey use cash daily... & not just the older generations!
Our Sterling cash IS our currency & our right by law, attempting to rid us of it is not only corrupt, it shows us, the general public, who the SOJ govt really work for...Banks & not the voting public.
A cash ban would not only completely isolate certain groups in society, it would affect many many small buisnesses who prefer to choose themselves, how to run their buisnesses but are forced to use cashless because the banks manipulate the deposit fees, which should be criminal.
SOJ will be stoking the fires of distrust, that local residents already have towards the govt.
It will blatantly display who the SOJ govt has loyalty to.... Banks & the finance industry...Or, for the people who voted them in!
In summary. How funny it is that when the corrupt banking systems fail, or are compromised.....they NEED cash.
Then what? Regards,