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Re: How about this change to our US currency
Author: fkrock
Date: 04-22-2016 - 08:10
PrompterJim Wrote:
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> At one place I patronized recently, I paid cash
> (several hundred dollars) for an item and was
> asked for ID and all kinds of stuff - I pointed
> out to them that US money says "Legal tender for
> all debts public and private" and asked them "what
> the hell was the idea?' After an embarrassed
> pause, the answer was "we don't get much cash for
> big purchases, sorry." I remarked that I can
> understand why... much embarrassment later on
> their part, the owner and almost everyone
> apologized and threw in a lot of stuff with the
> item. They really don't look at the money itself,
> just the denominations. Pay cash and make the
> shopowners sweat... it's fun and easy.
In an effort to reduce money laundering and other criminal enterprises, under federal rules banks are required to document large cash transactions. So that's why businesses ask for ID to make their bank happy.
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> At one place I patronized recently, I paid cash
> (several hundred dollars) for an item and was
> asked for ID and all kinds of stuff - I pointed
> out to them that US money says "Legal tender for
> all debts public and private" and asked them "what
> the hell was the idea?' After an embarrassed
> pause, the answer was "we don't get much cash for
> big purchases, sorry." I remarked that I can
> understand why... much embarrassment later on
> their part, the owner and almost everyone
> apologized and threw in a lot of stuff with the
> item. They really don't look at the money itself,
> just the denominations. Pay cash and make the
> shopowners sweat... it's fun and easy.
In an effort to reduce money laundering and other criminal enterprises, under federal rules banks are required to document large cash transactions. So that's why businesses ask for ID to make their bank happy.
