Sunday, 26 February 2012

Cash Free Economy?

The Citizens’ Advice Bureaus nationally are raising the question – how do you access your cash if you have no bank account? The Survey, conducted on the internet, asks “How do you access cash?” - if you don’t have a bank, building society or post office card account?

“The information you provide will help us to work to ensure everyone can access their own money quickly, easily and cheaply.”

Now that that the Post Office is summarily closing its Easy Access Savings Account facility, the only readily available access to cash, i.e., to notes and coins of the realm, may be through a single banker’s card. This could have profound implications for constitutional rights. Is the cashless carbon currency economy only just around the corner?

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