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Cash Comeback [1]

['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']

Date: 2023-09-02  

The greed of VISA and the big banks is driving a return to transacting in cash. The fee is just too high to ignore.

- The convenient gas station has cash pricing.

- The vendors at the farmers’ market take cash or charge a fee for using a credit card.

- The car repair shop charges a 4% surcharge for credit card payments (they accept checks).

- The plumber charges a surcharge for a credit card payment.

I earned my money and I paid taxes on it. I’m not going to pay an additional charge to spend it. I use cash for local businesses. I’d rather they get the 3% rather than the bank. I don’t care about Home Despot and Walmart. Residents complain about 9% sales tax. No one talks about the 3% that the merchants mark everything up to cover the cost of credit card purchases. It’s a sorry reflection on our financial system that “cash is king” in 2023.

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[1] Url: https://www.dailykos.com/stories/2023/9/2/2191184/-Cash-Comeback

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