You think the average person does less than one financial transaction per day? O_o
I mean, sure, not everyone is out getting a coffee every morning, but that strikes me as roughly an order of magnitude below reality.
Let’s say, shopping three times a week, with 5 transactions per shopping trip; that’s already an average of 2 transactions a day, but worse, since it’s clustered in small time intervals.
How do possibly get 0-1 transactions per day per person?
That’s.. a society where people don’t use money. It’s not a thing.
Over the last three months, I've made on average slightly more than two transactions per week, most of which is due to buying food every 3 or 4 days. Everything else is a rounding error.
Now I won't claim my consumption pattern is typical, but it certainly shows that 0-1 transaction per day is possible. (What are the five shops you visit three times a week?)
Working from home during the pandemic, I’ve been making 4.3 transactions per week.
If I was still commuting, I’d add at least 5 a week for lunches, might add another 5 a week for train station Brötchen and cookie. If the restaurants were back to normal, might add two more per week for evening meals.
I think I prefer my new normal of the bulk shopping being a once a week collection, so that probably won’t go back to my old habit of whatever/wherever, but even then the local doesn’t have everything I want, so there will be a few additional transactions with grocery stores.
(My commute costs will likely be a once-per-year expense, so a rounding error for transactions per week).
I mean, sure, not everyone is out getting a coffee every morning, but that strikes me as roughly an order of magnitude below reality.
Let’s say, shopping three times a week, with 5 transactions per shopping trip; that’s already an average of 2 transactions a day, but worse, since it’s clustered in small time intervals.
How do possibly get 0-1 transactions per day per person?
That’s.. a society where people don’t use money. It’s not a thing.