Thursday 22 May 2008

Money is not just money




Consumers of coin collector have been increased

and value of coins have been increased at same time.

Bank of each nations have different strategy to sell

their coins to their customers. The biggest reason

that they are trying to selling coins is most of people

rely on credit card and less consumption of cash.

Therefore, bank need to find their cash cow in

order to make income consistently.

I think its of one of phenamenons which banks

are trying to make their income for shorterm.

As we know money is a lot easier to spend in

modern society with various options.

Maybe it is such spectacular news for coin

diggers but its only for a while. If all the

banks in the world trying to commerized

their cash as product, it will be value-less

eventually. My idea of the best way in

order to make profit is reduce size of

cash department and invest their capital

in order to make stable income.
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