That's a good point. The suggestion loses a lot of steam when talking about businesses vs. individuals. Though I would think 99% of the cash handled by grocery stores are $20 bills or less anyway.
I don't support #Trump either. But I also don't support Hillary. I'm going a 3rd way and voting for #GaryJohnson.
@[Gary Anderson](user:4798), I agree a cashless society is a mistake... I don't need a digital record created every time I go to a strip club or adult theater. But seriously though, Rogoff is not advocating for a cashless society. He's suggesting a compromise. Why do poor people need $100 bills? Why can't they use $1, $5 and $10 bills like the rest of us folks? While not perfect, I think the suggestion does have merit. But no cash at all? Absolutely not.
It's an interesting thought. While I'm not a proponent for forcibly drafting citizenry, it would have numerous benefits in addition to the ones you've mentioned. For example, many of our youth could use a serious dose of discipline and direction. I also thing it would do much to bridge the growing gulf between the rich and poor, white and black etc. The armed forced can be a powerful melting pot.
I'm not sure I would agree with that statement. For starters, while I agree Americans know relatively little about foreign affairs, I'm not convinced that they know less than the general populace of other countries.
And it's not fair to say we "let" our leaders get us into those wars. We knew what we were told. E.g. with Iraq it looked pretty damning that they had #WMDs.
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The Unemployment Rate Fell In Japan In August
How's the overall trend looking for #Japan?
War On Cash Turns To $20, $50, And $100 Bills
That's a good point. The suggestion loses a lot of steam when talking about businesses vs. individuals. Though I would think 99% of the cash handled by grocery stores are $20 bills or less anyway.
I don't support #Trump either. But I also don't support Hillary. I'm going a 3rd way and voting for #GaryJohnson.
War On Cash Turns To $20, $50, And $100 Bills
@[Gary Anderson](user:4798), I agree a cashless society is a mistake... I don't need a digital record created every time I go to a strip club or adult theater. But seriously though, Rogoff is not advocating for a cashless society. He's suggesting a compromise. Why do poor people need $100 bills? Why can't they use $1, $5 and $10 bills like the rest of us folks? While not perfect, I think the suggestion does have merit. But no cash at all? Absolutely not.
Dividend Growth Stocks For Intelligent Investors – July 2016
When it's a good stock, I'm all for it! I see a lot of value in some of these plays.
The Worst US Foreign Policy Blunder - Vietnam Or Iraq?
Thanks for sharing Elliott.
The American Public Has Been Fooled – Life Is Good In The U.S.
It's an interesting thought. While I'm not a proponent for forcibly drafting citizenry, it would have numerous benefits in addition to the ones you've mentioned. For example, many of our youth could use a serious dose of discipline and direction. I also thing it would do much to bridge the growing gulf between the rich and poor, white and black etc. The armed forced can be a powerful melting pot.
The American Public Has Been Fooled – Life Is Good In The U.S.
I'm not sure I would agree with that statement. For starters, while I agree Americans know relatively little about foreign affairs, I'm not convinced that they know less than the general populace of other countries.
And it's not fair to say we "let" our leaders get us into those wars. We knew what we were told. E.g. with Iraq it looked pretty damning that they had #WMDs.
The American Public Has Been Fooled – Life Is Good In The U.S.
The American public knows itself better than any pundit does.
Amazon.com, Inc. Riding High On Prime Day
There's no way that can be true.
United Parcel Service Stock Analysis
Amazon spent $3 billion on deliveries in 2014 and that increased 30% in 2015. Sounds significant to me and will only continue to grow.