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As I understand it, the argument is: cash is valid payment for all debts public or private. But a sale isn’t a debt. The business that refuses your cash sale
by schaefer 1y ago
As I understand it, the argument is: cash is valid payment for all debts public or private. But a sale isn’t a debt. The business that refuses your cash sale is refusing your business at the time of sale.
- manwe150 1y agoApparently that explanation is even an FAQ on the fed website: https://www.federalreserve.gov/faqs/currency_12772.htm https://www.federalreserve.gov/faqs/currency_12772.htm