It says “legal tender for all debts private and public.” But cash is out. Indeed, some businesses now refuse cash, including a hair salon in Los Angeles, a few pretentious chain restaurants and several small shops. Visa has declared “a war on cash,” reports New York Times (12/6/18). Other credit companies are implicit allies in that war. Only 30% of transactions by one survey currently involve cash, says Wall St. Journal (12/30/18). Most cash transactions are in small amounts; 55%... Read more