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Economy

Fuddnik

(8,846 posts)

9. Exactly.

Reply to PoliticAverse (Reply #5)

Wed Feb 17, 2016, 03:06 PM

Feb 2016

I went to Chase last week to make a cash payment on a credit card. They demanded a photo id. Then they gave me a paper about a new policy, that ANY bill paid using cash had to produce a photo id, and can ONLY be made by the person the bills name is in.

Fuck 'm. It doesn't cost me anything, and no hassle to make the payment through my credit union online bill pay.

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Highlight:

Lawrence Summers: It�s time to kill the $100 bill [View all] Eugene Feb 2016 OP

So then, once we *only* have electronic money left, when we hit "negative interest..." villager Feb 2016 #1

Yes. And etc. snot Feb 2016 #12

Good point. Forgot about the provision requiring us to prop up the Rockefeller class. villager Feb 2016 #13

How about killing the pennies first? LW1977 Feb 2016 #2

How about we don't pretend it's either/or and do both at once? -eom gcomeau Feb 2016 #3

Once a week until it takes hold I guess. It's a BAD idea. Ban diamonds, gold, bonds too? LINKS Festivito Feb 2016 #4

The problem with cash, from a bankers standpoint, is bankers don't get a cut... PoliticAverse Feb 2016 #5

Exactly. Fuddnik Feb 2016 #9

After Cash Punx Feb 2016 #6

This is a really bad paper zipplewrath Feb 2016 #7

"banks firmly in charge of ALL commerce, taking a fee for every transaction" - bingo! n/t PoliticAverse Feb 2016 #10

Is it bad of me to say, "It's time to kill Larry Summers"? Just figuratively speaking. Fuddnik Feb 2016 #8

I'll drink to that n/t Tansy_Gold Feb 2016 #11