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Cash Accepted Here – Payment Choice Act
Armstrong Economics ^ | 23 July 25 | Martin Armstrong

Posted on 07/23/2025 6:43:02 AM PDT by delta7

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To: delta7

“Two gas stations within an hour drive have signs posted ” we accept 20 cents for one gallon of gas * pre-64 dimes”.”

I call your BS.


41 posted on 07/23/2025 8:32:03 AM PDT by TexasGator (11/I1.here is no Sharknado system)
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To: Pontiac

That is absolutely a lot of it that helped facilitate the new Corporate operations. But the main credit needs to go to Fink. He turned out to be an absolute genius and restructured the business so that corporation boards could literally do what they want and buy assets they want without any sort of influential checks independent from the shareholders.

This explains how he was able to give investment firms so much power and influence, he innovated it and it has made him the most powerful man in the world:

https://www.youtube.com/watch?v=ZxZO0jd8VoU


42 posted on 07/23/2025 8:37:40 AM PDT by Openurmind (AI - An Illusion for Aptitude Intrusion to Alter Intellect. )
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To: TexasGator; delta7

I have done this myself. As a metals investor I could order metals and pay over spot plus shipping. Or I could source local through exchange for much less than spot price.

Which is the wiser? Independent businessmen absolutely do this when they are metal fanatics... And do the math... The silver value of a dime is $2.85 right now. That would be getting almost $6 a gallon for $.20 cents face value of these two dimes.


43 posted on 07/23/2025 8:50:49 AM PDT by Openurmind (AI - An Illusion for Aptitude Intrusion to Alter Intellect. )
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To: 1Old Pro

I’m a member of a club which went cash only a few years ago.
The biggest complaint was from a group of old guys who didn’t want their wives to know how much beer they were drinking. If they could pay cash, there was no record for their wives to see.


44 posted on 07/23/2025 8:54:34 AM PDT by DugwayDuke (Most pick the expert who says the things they agree with.)
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To: delta7

We know some small businesses that have gone to cash or cash/check only because their margins are so bad they can’t afford the transaction fees the credit card companies are charging anymore.

And even the ones that still do take plastic love it that we pay cash.

I don’t know of any biz in my Upstate NY neck of the woods that had gone cashless.

And if any should, we won’t darken their doors.

If this legislation is really needed, I doubt it’s because of small biz.


45 posted on 07/23/2025 8:59:56 AM PDT by mewzilla (Swing away, Mr. President, swing away!)
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To: TexasGator; delta7

Right now the real grabbers to horde are 1946-2014 Nickels. And the older 1942-1945 Silver War Nickles are worth $2.21 cents.

The 1946-2014 Nickels are still actually worth more than their own face value in metals at $0.056 and will just go up with time.


46 posted on 07/23/2025 9:06:15 AM PDT by Openurmind (AI - An Illusion for Aptitude Intrusion to Alter Intellect. )
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To: delta7

Many young people these days can’t even make change... Think about that then think about how much we spend on education.


47 posted on 07/23/2025 9:08:52 AM PDT by Bullish (My tagline ran off with another man, but it's ok---- I wasn't married to it.)
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To: deoetdoctrinae

Wendy’s takes cash, what are you talking about?


48 posted on 07/23/2025 9:09:29 AM PDT by Bullish (My tagline ran off with another man, but it's ok---- I wasn't married to it.)
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To: ClearCase_guy
My dollars are legal tender for all debts public and private.

The key word is "debts". When you place an item on the counter for purchase you have not incurred a debt. So the merchant is free to refuse cash in payment. If you buy something on an installment plan, then you have incurred a debt.

49 posted on 07/23/2025 9:25:05 AM PDT by AlaskaErik (There are three kinds of rats: Rats, Damned Rats, and DemocRats.)
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To: Bullish
That was exactly my point. I said "I like being able to hand over two 1 dollar bills for a $1.69 crispy chicken sandwich at Wendy’s"
50 posted on 07/23/2025 9:37:49 AM PDT by deoetdoctrinae (Gun-free zones are playgrounds for criminals.)
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To: Bullish

“Wendy’s takes cash, what are you talking about?”

?

Wendy’s takes cash. What are you talking about?

or,

Wendy’s takes cash? What are you talking about?


51 posted on 07/23/2025 9:40:49 AM PDT by TexasGator (11/I1.here is no Sharknado system)
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To: 1Old Pro
I've found that lately alot of businesses post a credit card additional fee of 3% preferring cash.

My ISP initially had a discount for electronic payments with auto-debit for the monthly billing. Two months ago, they added a "fee" of $2.45 for processing electronic payments. If you mail a paper check to the office, you don't have to pay the fee. It is just stupid.

52 posted on 07/23/2025 10:17:57 AM PDT by Myrddin
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To: Myrddin
If you mail a paper check to the office, you don't have to pay the fee. It is just stupid.

Beyond stupid.

53 posted on 07/23/2025 10:19:07 AM PDT by 1Old Pro
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To: delta7
I purchased a book at Barnes and Nobel in San Diego using my debit card. A month later, a series a gasoline and food charges were strung up the I-15 path from San Diego to Pocatello. The bank thought it was OK until a charge in Utah and another in Grand Junction, CO occurred just minutes apart. Mr Scott was not beaming the user between points. The bogus charges were $780. My bank removed the charges and sent a new debit card. B&N had a card skimmer running in the front desk payment location.
54 posted on 07/23/2025 10:21:46 AM PDT by Myrddin
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To: 1Old Pro
If they have a skimmer on the machine it does not matter.
55 posted on 07/23/2025 10:26:29 AM PDT by Harmless Teddy Bear ( Not my circus. Not my monkeys. But I can pick out the clowns at 100 yards.)
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To: delta7
"Things are starting to turn…."

For those not aware of my site, one can get daily reports from my legendary Socrates computer for only $150 a month.

These is the same legendary AI program that I developed over 40 years ago and is still the most sophisticated in the world. A marvel since it is DOS based ang can run on a 360k IBM desktop!

The program is infamous and since using it I have had only three bankruptcies and lost only about $700,000,000 of my clients' funds.

signed, Martin Armstrong

56 posted on 07/23/2025 10:30:34 AM PDT by TexasGator (11/I1.here is no Sharknado system)
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To: Pontiac

MY BILLS SAY : “GOOD FOR ALL DEBTS-PUBLIC & PRIVATE”

ANYONE PULLS THE NO CASH WORD ON ME-—I WILL WALK OUT.


57 posted on 07/23/2025 11:04:32 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: delta7; SaveFerris; gundog
Will businesses be required to take pennies?


58 posted on 07/23/2025 11:26:28 AM PDT by Larry Lucido
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To: brownsfan

When I was in Economics class, way back in the mid-late 1980’s, all our cash said “This note is legal tender for all debts, public and private”.

Sure enough, just looked at a $10 bill and it’s still there.


59 posted on 07/23/2025 1:54:31 PM PDT by ro_dreaming (Who knew "Idiocracy", "1984", "Enemy of the State", and "Person of Interest" would be non-fiction?)
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To: Larry Lucido

No


60 posted on 07/23/2025 1:57:20 PM PDT by TexasGator (11/I1.here is no Sharknado system)
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