Australian (ASX) Stock Market Forum

Reply to thread

Driving to the bank costs you time or wages and it also costs the bank which is subsidised by the rest of us.


Thats why the banks want to limit cash going forward, because it’s expensive, and hard to pass the costs on to those using it.


So if you think cash is cheaper than digital, that’s because you aren’t tracking all the actually daily expense you spend on managing cash, and you are free loading to an extent on the banking system which isn’t passing the true costs on to you.


Top