Fogey Posted October 18, 2010 Author Share Posted October 18, 2010 Something to make the banks listen and maybe act to start putting right the mess that they have helped make. Something to maybe make them think about doing it again. Can an organisation like a bank be made to feel guilty? Can the bigwigs at the top be made to feel guilty with a strong enough show? Link to comment Share on other sites More sharing options...
sccsux Posted October 18, 2010 Share Posted October 18, 2010 Wouldn't it be a lot easier and more effective to just switch banks to one that doesn't rip you off? Care to name one (where the saving interest is the same as the interest we are charged)? Link to comment Share on other sites More sharing options...
Darth Vader Posted October 18, 2010 Share Posted October 18, 2010 Wouldn't it be a lot easier and more effective to just switch banks to one that doesn't rip you off? Is there such a thing? They all seem to advertise rates and hook you then you lose the rate, if you're not on the ball, and transfer to another account. Link to comment Share on other sites More sharing options...
chem1st Posted October 18, 2010 Share Posted October 18, 2010 Fuel blockades were about fuel price/tax rises IIRC. Fuel hasn't gone up at all in price since then. Duty has increased by 10p since 2007. The current printing of money will devalue the currency and increase oil prices for people in the UK. £1.50 p/L only 1 year away. Link to comment Share on other sites More sharing options...
dosxuk Posted October 18, 2010 Share Posted October 18, 2010 Yes, that's what we need, lets make it even more difficult to get our money out of the bank. Wouldn't it be more of an impact if everyone went and closed their account and withdrew all their money as cash on one day? Link to comment Share on other sites More sharing options...
sccsux Posted October 18, 2010 Share Posted October 18, 2010 Wouldn't it be more of an impact if everyone went and closed their account and withdrew all their money as cash on one day? Then the entire system would crash and society would fall into anarchy. Link to comment Share on other sites More sharing options...
chem1st Posted October 18, 2010 Share Posted October 18, 2010 Then the entire system would crash and society would fall into anarchy. Government would increase money printing and guarantee the deposits. The value of the pound would plummet (prices would rise). Savings would be wiped out, hyperinflation would ensue as people moved money out of the bank and into hard assets. Many people are moving money out of the bank as inflation is stubbornly enforced by the BoE via base rates and QE. A new monetary system would be introduced, until it was introduced people would trade in alternative currency which is more stable, Yuan, Rupees or Roubles for example. Link to comment Share on other sites More sharing options...
DaFoot Posted October 18, 2010 Share Posted October 18, 2010 £1.50 p/L only 1 year away. If that happens, I shall probably be going bankrupt Link to comment Share on other sites More sharing options...
HeadingNorth Posted October 18, 2010 Share Posted October 18, 2010 Is there such a thing? Market forces guarantee that if enough people want one, one will exist. After all they could simply club together and create their own. Link to comment Share on other sites More sharing options...
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