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Scholairebochts Blog.
Will the government seize the savings of Irish people?
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<blockquote data-quote="Mad as Fish" data-source="post: 138647" data-attributes="member: 396"><p>I heard of an idea quite a few years that suggested that we would not even have sight of our own money.</p><p></p><p>Rather than being paid a wage there would be one government central bank that would allow us a certain amount of credit each month, depending on a status or job etc. Naturally no cash would be involved whatsoever.</p><p></p><p>Employers would lodge a sum for each employee and that would be held by the bank for the individual to spend via card or phone or whatever. Tax would be deducted from the amount paid in.</p><p></p><p>Not sure that we are too far off it now.</p></blockquote><p></p>
[QUOTE="Mad as Fish, post: 138647, member: 396"] I heard of an idea quite a few years that suggested that we would not even have sight of our own money. Rather than being paid a wage there would be one government central bank that would allow us a certain amount of credit each month, depending on a status or job etc. Naturally no cash would be involved whatsoever. Employers would lodge a sum for each employee and that would be held by the bank for the individual to spend via card or phone or whatever. Tax would be deducted from the amount paid in. Not sure that we are too far off it now. [/QUOTE]
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