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@ Emeritus Prof Christopher May
2025-05-01 21:23:31
Hmmm.... nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqutlhp246ya4jr2v3xasrffrpcs90s8khkw73y040eh08muuq7y2q56sp27 , you might be interested in Gaby Hinsliff's report, which includes the TikTok/Instagram trend of 'cash stuffing' - the approach to budgeting we were discussing earlier....
Maybe cash isn't going to keep losing its appeal to consumers.
And as Hinsliff concludes: 'the past few decades have not given me enormous confidence in the social worth of unquestioningly doing whatever banks want'!
#economics #cash
https://www.theguardian.com/commentisfree/2025/may/01/cash-banks-gen-z-power-outages-dystopia