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| "The Amish have been galvanised to head to the polls and turn the battle ground red." |
The little guy voted for Trump, so naturally Trump is going to screw the little guy, the Amish in particular.
And not mentioned in the story below is the deep resistance to eliminating cash among the denizens of America's survivalist communities. They see this as a control issue, and a potential threat to freedom because you control the cash in your pocket, but not the digital currency in your account. Cross the authorities somehow, and your account can be wiped out with a keystroke.
We already have experienced lawful gun owners and gun businesses being de-banked over gun ownership, among other culture war issues contested by liberal elites using economic coercion.
Meanwhile The UniParty has devalued the 1913 dollar to three cents. If you've only got one, eliminating the penny means you've now got bupkis.
How does the observation go? It's always the Republicans who actually advance the liberalism which the people resist when the Democrats are in control.
Every. Damn. Time.
To the extent rounding up occurs more frequently than rounding down, cash consumers would be paying the price for the cost efficiency Trump and Musk are seeking, said Ajay Patel, a professor of finance at Wake Forest University School of Business. ...
. . . people at the bottom of the economic ladder will probably feel the penny pinch the most.
“The individuals paying for this benefit will be those who purchase products and services using cash and will continue to do so going forward because they are either unbanked or unable to access debit or credit cards or a digital wallet,” Patel said. ...
Laura Maike, of Burton, Ohio, notes that the Amish will feel the pinch right now.
“Here in Northeast Ohio’s Amish country, we still use pennies regularly,” Maike said of her area, which includes thousands of generally cash-using Amish. “How would this work for cash-only transactions? It would be impossible to give exact change as the purchaser or seller.”
More.
