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echo: coffee_klatsch
to: SHAWN HIGHFIELD
from: KURT WEISKE
date: 2020-12-16 07:32:00
subject: Re: The million dollar bi

-=> Shawn Highfield wrote to August Abolins <=-

 SH> So that kind of sucks for people who pay cash for large purchases.

I suppose that's the idea. The 2020 coin shortage combined with
the pandemic has people urged to use debit cards instead of cash.
Money is as unsanitary as it's always been but now it's treated like
it's a petri dish.

In the USA, the "war on drugs" prompted the discontinuance of larger
denominations, and the PATRIOT act made purchasing or carrying $10,000
in cash an object of additional scrutiny, regardless of circumstance.

While it sounds tin-foil hattish, you know that in some circles of
banking and government there have to be people thinking that being
able to trace all financial transactions is a good thing and an
end-game where the government has complete control over the money (and
therefore the constituency) is a good thing.



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