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Would it make sense to have #CashAwarenessMonth (pbs.twimg.com)

submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

cross-posted from: https://lemmy.ml/post/7968927

Maybe December? So we all take money out of banks, at least current month salary, and spend cash only. I think that is something that shouldn't be hard to do and it would show if we, the people, have any power left to make positive changes for the future or we can just surrender and eat bugs.

Edit:

If I’m trading my only true value, my time, then I want to have 100% control over it, not to depend if some bank would freeze my account and I lost 1/3 of my life irreversible.

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[–] [email protected] 4 points 11 months ago* (last edited 11 months ago) (2 children)

Not everyone has the financial stability to withdraw their entire monthly salary from the bank.
You do not provide a clear explanation of how this action will lead to positive changes.

The use of ultimatums and hyperbole is unhelpful and short-sighted.

We have been here before, the federal reserve will bail them out ~~with our taxes~~, we can't achieve progress with regressive tactics.

https://www.wsj.com/articles/fed-to-inject-1-5-trillion-in-bid-to-prevent-unusual-disruptions-in-markets-11584033537

Edited:
Crossed the misleading part thanks to davel, Modern monetary theory (Macro Economics) does say that our taxes are not used for government spending nor bonds either.

[–] [email protected] 2 points 11 months ago (1 children)

They will get bailed out, though not with our federal taxes, because our federal taxes don’t actually pay for anything.

[–] [email protected] 1 points 11 months ago

I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

[–] [email protected] 1 points 11 months ago

Withdrawing is suggestion, do what you can do, it is only awareness month, no obligations, nobody will look what you are doing with your money. It is awareness that you should value your time and not let anyone denies you what you earn and how to spend it. Money is directly related to your time you invested to earn that money. As any awareness, it is related to personal growth and awareness of life in general. We still don't actually know if "Vegan Month" will be beneficial in long run, it is only assumption. But awareness and raise of consciousness should bring positive results in long run. Also, if we don't know, we can find out if we try, if we just speculate, we will never know.