Apparently, there’s yet another crazy idea floating around in Washington–and by “crazy,” I mean “no one has stopped to consider the ramifications of this on Main Street.” A bill recently introduced by Rep. David Schweikert (Ariz.) and Rep. Jeb Hensarling (Texas) is aimed at retiring the dollar bill.
Okay. At first glance, the math makes sense, given what paper currency costs to produce.
But.
When you think about it a moment longer, from a local brick and mortar’s point of view, a few glaring realities come to light: [click here to continue…]
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