I got to thinking last night after ATG's post about the problem with immigration and how these illegals like to be paid in "Cash" and i got to thinking about, what would happen if we just stopped printing the stuff and went to a debit system.
No more drug transactions, no more shady deals. Everything will have an electronic trail that can be easily traced.
Currently i hardly carry any cash in my wallet. I use my debit card for everything, even my tax refunds are coming back direct deposit. Everything i have ever gotten paid for, our boughten is kept track of electronically through my bank.
Think about what this would do to drug dealers and Illegals. No more getting paid in Cash.
The state of Virginia stopped issuing checks for unemployment, now they only issue debit cards and direct deposit into bank accounts.
Take all the people that work for the treasury and put them into a new job that looks into auditing bank accounts to make sure their customers arent abusing the system in anyway. People who open and close accounts at high rates will be a red flag.
almost everyone in my town has a credit card/debit readers at all the stores, they cant cost that much, and if they did the govt could issue them, shit with all the money twe could save from not printing bills they could get some kind of new National Debiting System.
Discuss
No more drug transactions, no more shady deals. Everything will have an electronic trail that can be easily traced.
Currently i hardly carry any cash in my wallet. I use my debit card for everything, even my tax refunds are coming back direct deposit. Everything i have ever gotten paid for, our boughten is kept track of electronically through my bank.
Think about what this would do to drug dealers and Illegals. No more getting paid in Cash.
The state of Virginia stopped issuing checks for unemployment, now they only issue debit cards and direct deposit into bank accounts.
Take all the people that work for the treasury and put them into a new job that looks into auditing bank accounts to make sure their customers arent abusing the system in anyway. People who open and close accounts at high rates will be a red flag.
almost everyone in my town has a credit card/debit readers at all the stores, they cant cost that much, and if they did the govt could issue them, shit with all the money twe could save from not printing bills they could get some kind of new National Debiting System.
Discuss
