But is it right to pay other peoples bills
Comments
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There's been some interesting points raised on this topic and I wanted to add that I think it’s too simplistic to blame everyone who struggles to pay their bills for poor budgeting or financial mis-management.
In today’s society, certain services, for example mobile phones and internet, are essential to being able to work, communicate, access benefits, education, healthcare and other services and support. Many people face constraints that mean even with good intentions they just cannot stretch their income far enough.
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Sorry if you’re feeling upset. Just to clear the air it wasn't me who reported you if that's what you're thinking, I actually quite enjoy having a good debate. I think one of the mods just saw what was happening and decided to act on it.
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The monatary system just doesn't work and never will. Its inevitable that it will end in future collapse and can't be stopped. The whole system is designed to keep the poorer, poorer and the richer, richer. As the elites get more and more rich the money supply drops and it is harder and harder to maintain.
The money you see today isn't really a currency, it is essentially debt. As new money is created from the central banks it is "loaned with interest" which has to be paid back with interest, meaning every single bank note or pound in circulation is owed back to the central bank with interest. This means money is essentially debt. If the whole world were to pay off all its debt, there would be no money in circulation. But this is where the system is flawed becuase if money is created with interest or debt on it, how do we pay off the debt? The simple answer is we can't and never can. Currently to get rid of the debt we borrow more money from the central bank putting us further in debt. As money grows so does debt, when we pay this debt off there is less money supply and poorer communties.
Currency also used to be backed by commodities such as gold, but this is no longer the case and money today is backed by nothing. meaning its easier to create money "debt" out of thin air.
So people struggling with bills and general day to day living is more and more common and will get much much worst. The system can't substain itself forever and will eventually lead to full on collapse.
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I know that feeling, i've been put on the naughty step for over a month where every post has to be pre-approved by staff. Some disbability charity this is
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The problems with discussions here are that people can't agree to respect other people's views and take it as a personal attack
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Join the club, mate. I am finding it hard to discuss anything without folk taking offence.
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I think it comes down to two things.
Some people will just take offense because someone disagrees with them, even if they disagree respectfully.
Then there are others who will disagree in a rude way, and people take offense at the rudeness itself, rather than them disagreeing.
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You are probably correct, but we also have to factor in clipes (tell-tales). Sad but true.
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Some people are just rude then try to lecture others 🙄
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I don’t think it’s always about people telling tales, the mods just step in when they see things get heated, which is fair enough.
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It’s always a bit ironic when someone’s unnecessarily rude towards someone who didn't deserve it and then tries to take the moral high ground.
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For your information, while individuals are entitled to their own opinions and beliefs, the expression of those views should not infringe upon the dignity or well-being of others. The freedom to hold and express one's opinions or perspectives is not absolute and must be constrained to prevent harm to others.
It has a limit, which is the point at which it begins to disrespect, harm, or devalue another person.
We can't say whatever we fancy in the name of "it's my view", I'm afraid.
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Michael is entitled to his opinion, just as you or I are accorded that same privilege.
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You've got what I said in my previous comment dead wrong!
What I've said doesn't exclusively apply to Michael but everyone else too, starting with yourself.
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As I said previously, This month is going to be a really bad financial month and I wouldn't be surprised if the stock market crashed again this month. If you have cash in banks, I would set some aside safely just in case.
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No one has cash in a bank, as the vast majority of "money in the bank" is not physical cash but rather figures or digital entries in a bank's ledger system. This system is known as fractional-reserve banking, and it's how modern economies operate. When you deposit physical cash, the bank takes ownership of it and in return, credits your account with a figure representing an IOU (I Owe You) or a claim against the bank.
No need to withdraw cash to set it aside for fear of losing it in case your bank runs out of money due to a stock market crash, as bank accounts with funds below the insurance limit, which is £85,000 per person, per financial institution, is protected by the Financial Services Compensation Scheme (FSCS) - and I don't think many of us on this forum have over £85,000 in a bank.
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I know exactly how the banking system operates, and I meant set aside money as you won't be able to access any soon. Some people need physical cash to operate or pay things. The FSCS is good in theory, but psysical cash will still be hard to get ahold of.
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i must of been working that day and missed it not changed much since 1948 tho
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Some people when being unnecessarily snarky or insulting a person who hasn't done anything to deserve it like to use the excuse 'But I was only expressing my opinion'. They know exactly what they're doing.
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The worse comment i had was when I expressed fifi had passed and was basically told I was bringing the vibe down found that incredibly harsh I wouldnt dream of ever hurting someone who had just lost thier soul mate doggy that hurt
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