Sunday, July 01, 2018
Constants and variables 95, owl edition
BBC feature on new ways of carrying value in cashless countries.
The headline is about owls as money, but the article is making a broader point. In demonlands like Sweden where the post-living satanblobs have abandoned EVERY SCRAP of civilization and morality and natural life, including physical cash, criminals have to find new sources of easily stealable and easily portable value. "Endangered" "species" are one of the new favorite sources, since prohibition of any object always raises criminal value.
The article includes Britain in the cashless realm, but the inclusion is unfair.
In the UK, where just 40% of all payments are done with cash, there has been an increase in crimes involving birds of prey.
Just 40%? That's historically NORMAL, maybe even higher than normal. An 1880s book on British banks gives percentages from that era:
Physical currency in the Army and Navy Stores looks like 35%.
Earlier I quoted an American book from the same era, which I unfortunately failed to href and can't find again. My quote:
Physical currency is a tiny part of all transactions. Even in the 1880s when real gold and silver coins were active in an (appropriately!) bimetallic system, 95% of all transactions were by check or money order, 4% by paper currency, and less than 1% by actual metal.
Those numbers look suspiciously small, and may have been percentages of total spending rather than percentages of transactions. Still, currency hasn't been dominant for a LONG time.
Physical currency in the Army and Navy Stores looks like 35%.
Earlier I quoted an American book from the same era, which I unfortunately failed to href and can't find again. My quote:
Physical currency is a tiny part of all transactions. Even in the 1880s when real gold and silver coins were active in an (appropriately!) bimetallic system, 95% of all transactions were by check or money order, 4% by paper currency, and less than 1% by actual metal.
Those numbers look suspiciously small, and may have been percentages of total spending rather than percentages of transactions. Still, currency hasn't been dominant for a LONG time.
Labels: Constants and Variables
¶ 12:32 PM
