1 week Ago By Jim Flynn
Our dollars are printed, and as noted on all your bills, “This note is legal tender for all debts public and private.” This is signed by the treasurer of the United States and the U.S.
secretary of the Treasury. Our dollars don’t mean anything anymore? It should be illegal to charge us to use our cash, but those reverse ATMs at baseball parks charge folks as much as $3.50 to turn their greenbacks into plastic.
Based on the language printed on U.S. dollars, you’d think there would be some sort of federal penalty for merchants who don’t accept cash.
I question, the Federal Reserve’s claim that “There is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services. Private businesses are free to develop their own policies on whether to accept cash unless there is a state law that says otherwise.” What? This is U.
S. currency and coins. Does the U.
S. treasurer know this? Does the secretary of Treasury? Our American money is becoming obsolete. This is getting out of hand.
If everything is going to plastic, why print American money or coins for that matter? Mary Vitkauskas Oakville.
