Thursday 5 January 2023

Circumvent the rules before they apply

In the light of The Slog’s post yesterday:

https://therealslog.com/2023/01/04/explosive-hunt-in-bid-to-raid-state-pensions/

… stating:
There is clearly a degree of self-fulfilling prophecy in all of this, but I can reveal with some certainty that the outline Pension plans are as follows:

*Some 25% of OAP pensions receivers will have their payments cancelled in total on the grounds that ‘They have enough already, and don’t need it’

*A staggering cut of 50% for further citizens who have personal private pensions beyond the State system

*A rise in the pension receipt age for all to 70, this being a necessity given “£31.8 billion higher than expected government expenditure on measures to control Covid19”

*An end to the Triple Lock, with an initial five years of frozen pensions at current levels.
… comes reader Andy’s comment:
RIP cash. We all saw it coming way back. We know that every taxman drools over the end of cash. Back in 2020 when pubs reluctantly accepted my cash (they wanted the business) I said use it or lose it. Wossat sposed to mean? They asked, I told them and they called me a nut job. This site is not quite mainstream but does have reach and they are talking about it.

https://unherd.com/thepost/brett-scott-beware-a-cashless-society/
Going further and envisioning the State no longer backing cash, in fact declaring it now illegal, nevertheless it’s made of polymer, it’s not going to disintegrate, physically, any time soon … so why not make it into the shadow currency people actually use between each other for goods and services?

You have a local dairy farmer?  A seller of chickens? As long as two people value that piece of plastic, let the govt do what it wants at a distance.  Needs to be physical, not electronic.

In fact the entire game is going to be circumventing govt, even barter … in short, lateral solutions.  There’s going to be far more samizdat as well, far more of a white van economy.

And things like bequeathing and inheriting … why wait till you die?  Why not divest gradually now, sending it to its intended final destination … early.

Just thoughts, ok?  I’m no investment adviser, nothing here is investment advice, just thoughts.

1 comment:

  1. We'll find away around Them and it won't be the first time.

    https://www.adstuit.com/post/the-history-of-the-wooden-nickel

    ReplyDelete

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