http://www.mycreditcardwatch.com/credit-card-tips/dont-be-talked-into-taking-out-cash-on-your-credit-card/ Daily Tips on the Credit Card Market and What you can expect Wed, 27 Jul 2011 04:47:53 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://www.mycreditcardwatch.com/credit-card-tips/dont-be-talked-into-taking-out-cash-on-your-credit-card/#comment-16 Can I Choose Something Besides Paper or Plastic? | Happily Oblivious Mon, 23 Jun 2008 13:05:30 +0000 http://www.mycreditcardwatch.com/2008/06/07/dont-be-talked-into-taking-out-cash-on-your-credit-card/#comment-16 [...] The US dollar hasn’t been doing very well lately. This wouldn’t be so bad if it weren’t for the fact that typical Americans have no alternative which they are allowed to use. Most people conduct their daily transactions, and pay their bills either in cash, or with a credit card. Credit cards represent just one small part of America’s debt problem, but the issue goes far beyond the fact that many American spend beyond their means. Our monetary system is no longer based on value, but rather on debt. Since dollars can no longer be redeemed for any commodity on their own, but are rather IOU’s which the law mandates must be accepted, “for all debts public and private”. [...] [...] The US dollar hasn’t been doing very well lately. This wouldn’t be so bad if it weren’t for the fact that typical Americans have no alternative which they are allowed to use. Most people conduct their daily transactions, and pay their bills either in cash, or with a credit card. Credit cards represent just one small part of America’s debt problem, but the issue goes far beyond the fact that many American spend beyond their means. Our monetary system is no longer based on value, but rather on debt. Since dollars can no longer be redeemed for any commodity on their own, but are rather IOU’s which the law mandates must be accepted, “for all debts public and private”. [...]

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