Monday 17 July 2017

Latest Strategy in the War on Cash



I wrote previously about the war on cash (http://gordon-feil-economics.blogspot.ca/2017/02/the-cashless-society.html and elsewhere). At http://gordon-feil-economics.blogspot.ca/2017/07/visa-enters-war-on-cash.html today is posted a shocking development as reported by The Wall Street Journal. Effectively Visa Inc. is offering small merchants $10,000 each to preclude them from accepting any cash any longer.

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