Discover and read the best of Twitter Threads about #CASH

Most recents (10)

1/
Former member of the #corrupt @CityofSalinas city council & *public figure President & CEO at Monterey County Business Council (MCBC)

Frmr Councilwoman Craig - when you arrived on the #Salinas City Council - did you call for a federal investigation into fraud in COS 457b TD?
2/

did you call for a federal investigation for the land deal the @CityofSalinas made with the owners of a Division Street property?

are you close with convicted cocaine furnisher Mike Hackett who owns or owned the Pizza Parlor within the City of Salinas’ city limits?
3/

have you ever accepted campaign money from anyone in the ‘legal’ #marijuana business?

would you help identify the man in this photo?

(Thank you for *unlocking* your account. It was locked most of the time you were on the #Salinas City Council.)
Read 8 tweets
This is your daily pension announcement: The more crazy shit from @nateglubish edition. As you know, some people had a meeting with Nate and asked some pension questions including:

"How much will Kevin Uebelein’s pay go up as a result of this (ATRF) move? #ABLeg #ABEd #cash
And Nate's answer was:

“It’s not my business to know how much an individual makes”

Yes, it is. That is why it is publicly disclosed in the annual report. The whole universe knows. For a guy like Nate who is pushing to roll back everyone else’s pay in Alberta, WTF? #ABleg #WTF
Nate is into every civil servant’s pay package except Kevin's? I mean the UCP swear every GOA employee is overpaid but not the high earners? That is none of Nate's business. Really Nate? Really? #ABLeg
BTW, @nateglubish was not in the House to vote on Bill 22. #ABLeg
Read 4 tweets
#BREAKING NEWS!!!

@unhcr #UNHCR

According to research by the weekly magazine "@sternde", employees of the @UN refugee agency @Refugees were able to enable #Africans to move to the #West in exchange for #cash payments. Among other things,
the #employees issued false #papers with which the #Africans made it onto the coveted lists of the so-called "resettlement" program.
Several western states, including #Germany, offer refugees who are particularly worthy of #protection a secure future in their country. Above all,
people who are at risk of #disease and #persecution should benefit from this.However, since there are currently only 50,000 to 60,000 such resettlements per year worldwide, the chances of getting one of the places are negligible.
Read 8 tweets
⚡☔ 'NEVER land' #decode thread:
POTUS tweet "NEVER"➡ #QPOST search "never"
Many themes currently in the news.
👉#civilwar #Schiff #treason #Rudy #Barr #snowden #EricHolder #impeachment #cia #msm etc.
#MAGA #TheGreatAwakening
@realDonaldTrump #Qposts #qmap #Qanon
#futureprovespast #Qanon
#civilwar talk has ramped up ever since @poyus shined a light on reality of D-party divisiveness. Anons had no illusions long ago of the evil we face.
searching for #Never also brought up posts about @potus being insulated from #impeachment scams.
Read 25 tweets
1/9 I have purchased a car very recently. So, I went through the usual motions of a large and involved purchase at the time of my decision. This might also give you an insight into the auto sector slowdown #AutoSector #SlowDown #Economyslowdown #economy
2/9 Clean fuel vehicles are coming: Hydrogen fuel cell, & #ElectricVehicles (#BEV & #PHEV) are coming sooner than we thought. Govt envisions an electric mobility future for us & is taking a lot of steps to push EVs under #FAME2 scheme. To reduce pollution & fuel import bill.
3/9 If I buy a regular petrol/diesel car, it may get obsolete sooner than I imagined. Eg: NCR banned 10yr old #diesel vehicles to improve air quality, push towards electric. All this affects resale value of the #cars. Hence, I considered pushing the life of my current car
Read 9 tweets
1/ AT ONE TIME, EVERY PIECE OF #PAPER MONEY WAS BACKED BY #GOLD. REMEMBER… FOR EVERY 20 DOLLAR BILL… THERE WAS $20 WORTH OF GOLD IN A #GOVERNMENT VAULT. NOT ANYMORE.

TODAY, GOVERNMENTS CREATE #CURRENCY BY FIRST CREATING BONDS OR TREASURY-BILLS.
2/
THESE #BONDS ARE SOLD IN THE #MARKET… GENERATING FUNDS FOR THE GOVERNMENT THAT ISSUED THEM.

LARGE #BANKS BUY U.S. BONDS TO FLIP THEM… SELLING THEM TO THE #FEDERAL RESERVE AT A PROFIT -- THIS IS THE MAGIC MONEY MACHINE. #FED
3/ YOU SEE… THE FED IS AMERICA’S #CENTRALBANK. BUT IT DOESN’T HAVE ANY MONEY, NO #CASH ON ITS BALANCE SHEETS.

WHEN A BANK BUYS A BOND AND TAKES IT TO THE FEDERAL RESERVE, THE FED SIMPLY SAYS “THANK YOU MR. BANKER, HERE’S THE PRINCIPAL AND SOME #PROFIT.”
Read 12 tweets
#Brexit ALREADY costs UK £1bn pw as we Hit Holidays! @GoldmanSachs put that lower at £600m. but I'm looking at 2+% less GDP (than would have been); more Govt Debt (+interest); the growing impact of #Brexodus on jobs/taxtake; £devaln.&inflation creep, reducing Property values.1/20
@GoldmanSachs Am puzzled & mortified? that UK's so-called Major Political Parties @Conservatives @UKLabour seem umbilically disconnected? from the financial IMPACT of their recent (let's say) 'accidental collusions' and Brexit-Birth-Giving! Why the co-incidental & costly numeracy lapse? 2/20
@GoldmanSachs @Conservatives @UKLabour Assuming that (eg) @bankofengland @hmtreasury @ICAEW @The_IoD @cbicarolyn @FrancesOGrady are aware of UK's #Brexit financial haemorrhage? eg Govt Debt, Jobs/Tax, Businesses (all sizes), Individuals - there may be varying estimates? but agreement that a HUGE hit is ongoing! 3/20
Read 25 tweets
As new #payment methods continue to emerge, our “2019 Diary of Consumer Payment Choice” highlights both the important role #cash plays in our economy while also illustrating the significant role of competing payment methods and #technologies: sffed.us/cashdiary
#Debit cards were used the most, accounting for 28% of payments. #Credit cards accounted for 23% (up 2% from 2017).
Consumers used cash in 26% of transactions (down 4% from 2017). However, #cash was used heavily for small-value payments, representing close to half of payments under $10.
Read 6 tweets
I also find this argument persuasive.

THREAD on #CBDC & #cash

Having a central bank digital currency alongside cash is effectively like the govt offering 2 different competing monies, b/c they have different characteristics, risk profiles, etc.
Cash is better for privacy, not subject to systemic digital failures, & accessible to all (even those who can't afford digital svcs).
CBDC may be cheaper for govt to offer, enables greater use of negative interest rates as a tool of monetary policy, makes money laundering/terrorist financing more difficult, reduces friction in txns, & enables financial inclusion.*

*Just stating args-don't necessarily agree.
Read 22 tweets
Some analysts seem to think, that #USDJPY must decline when/if #SP500 is to decline or crash. That is not the case! Observe yellow markings #HZupdates
#USDJPY and #Gold have strong inverse relationship. Both have formed triangles since 2015. Now - main direction will continue. USDJPY towards ~154 - and Gold towards ~800 USD #HZupdates
#Gold did bottom in 2015 - but only for a bounce! A "ZigZag-pattern" is defined by A-B-C waves. A from 2011-15 = 5 waves. B from 2015-19 = Triangle (abcde). Now 5 waves down in wave C. Decline may be very strong! #HZupdates
Read 10 tweets

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