Cash means spending time counting, stacking, stocking handling, building safety measures against internal and external thieves, organizing costly delivery and transportation services. At a time when electronic cash has become king I can understand the cost analysis conclusion to put a fee on it, or cutting the service altogether. For example, in my little French city few of the banks are providing change for the businesses' needs.
I'm wondering about the stock market saving effect : in the meantime the stock market was multiplied 100 times (no typo, by 100). Since only the more wealthy people can put some money aside, link it to that progression, et voila! Moreover since that the wealthiest people are mostly getting their wealth from public companies... Correlate the top 1% revenue and the dow jones and you'll have a pretty good picture of what's happening. I'd like to see the same data after 2008 as well, and that should reflect quite a drop.
But on a marketing point of vue : WTF?!!!
Since only the more wealthy people can put some money aside, link it to that progression, et voila!
Moreover since that the wealthiest people are mostly getting their wealth from public companies...
Correlate the top 1% revenue and the dow jones and you'll have a pretty good picture of what's happening. I'd like to see the same data after 2008 as well, and that should reflect quite a drop.
Those data does not surprise me. It's math.
Tom Middleton at its best !
http://en.wikipedia.org/wiki/76:14
I did it and it served me very well in my studies and in the military ;)
- enhance it!
ROFLMAO!