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.
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.