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The Water Cooler
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Cashless
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<blockquote data-quote="turkeyrun" data-source="post: 4238162" data-attributes="member: 27991"><p>Why go cashless?</p><p></p><p>A business takes in $100. Then has $100 to obtain inventory, cover expenses, pay salaries, run their household. Each of those businesses Then have $100 to spend. And the cycle continues.</p><p></p><p>A business takes $100 by credit/debit card. Then has $97 to obtain inventory, cover expenses, pay salaries, run their household. Then each of those transactions pay 3% in CC fees. Then the next transaction pays 3% and the next and the next, until the CC Company has the entire $100.</p><p></p><p>Same thing the goobermint does and society gets no benefit.</p><p>Pay cash and F*** CC Companies. They produce nothing for society.</p></blockquote><p></p>
[QUOTE="turkeyrun, post: 4238162, member: 27991"] Why go cashless? A business takes in $100. Then has $100 to obtain inventory, cover expenses, pay salaries, run their household. Each of those businesses Then have $100 to spend. And the cycle continues. A business takes $100 by credit/debit card. Then has $97 to obtain inventory, cover expenses, pay salaries, run their household. Then each of those transactions pay 3% in CC fees. Then the next transaction pays 3% and the next and the next, until the CC Company has the entire $100. Same thing the goobermint does and society gets no benefit. Pay cash and F*** CC Companies. They produce nothing for society. [/QUOTE]
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