{"id":3795,"date":"2012-10-22T17:49:47","date_gmt":"2012-10-23T00:49:47","guid":{"rendered":"https:\/\/forallevents.com\/reviews\/?p=3795"},"modified":"2012-10-24T07:36:27","modified_gmt":"2012-10-24T14:36:27","slug":"cash-is-going-away","status":"publish","type":"post","link":"https:\/\/forallevents.com\/reviews\/cash-is-going-away\/","title":{"rendered":"Cash is going away!!!"},"content":{"rendered":"

WHAT WILL THE TOOTH FAIRY DO?<\/strong><\/p>\n

Lynn Ruth Miller<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

Most people can’t even think what to hope for<\/p>\n

\u00a0When they throw a penny in a fountain.
\nBarbara Kingsolver<\/a><\/p>\n

There is talk on this side of the pond, of getting rid of money. \u201cToday, only 7%<\/a> of all transactions in the United States are done with cash, and most of those transactions involve very small amounts of money.\u201c says the internet blog, The Economic Collapse. \u201cOur financial system is dramatically changing, and cash is rapidly becoming a thing of the past.\u201d<\/p>\n

 <\/p>\n

These days, it costs more than it\u2019s worth to manufacture the cash we stuff into our wallets and bulging coin purses. In America, it costs 11.18 cents to mint a 5 cent piece and a penny costs 2.41 cents.\u00a0 It isn\u2019t much better in Britain.\u00a0 Although the Royal Mint will not reveal how much it costs to mint 1p, rumor has it that the cost from manufacture to distribution is approximately \u00a33.<\/p>\n

 <\/p>\n

That doesn\u2019t make sense.<\/p>\n

 <\/p>\n

Besides the cost to make them, there is the threat to our health and well being.\u00a0 Coins and bills land in thousands of pockets, are touched by millions of hands and no one ever cleans them up.\u00a0 The bills are tattered and full of germs; the coins are not only cumbersome but they create embarrassing bulges that aren\u2019t what you think they are.<\/p>\n

 <\/p>\n

When coins were first invented, everyone thought it was the greatest idea since the fig leaf.\u00a0 Coins didn\u2019t rot or die on you.\u00a0 Their value didn\u2019t deteriorate with time.\u00a0 You could stick them in the bank and they would be there for years and still have value. You used them to reward children and toss in fountains.\u00a0 You stuck them under pillows when children lost their baby teeth and you put them in your shoe for good luck.<\/p>\n

 <\/p>\n

What will happen to the Piggy Bank when pennies are no more? When I was a child, this was the time of year when I began stuffing pennies in the little ceramic pig I got for Christmas last year so I could buy my Mama a present for Christmas this year.\u00a0 Every day, I would put in a penny I had earned for helping her bring in the groceries or drying the dishes (now you know how old I am) and by December first, my little pig was bulging with the hard earned cash I had fed him. I would go to the jewelry store, hand the clerk my piggy bank and say, \u201cWhat can I buy my mother with this?\u201d\u00a0 She and I would smash the bank and pile the pennies into columns of ten and then tabulate the results.\u00a0 One year, I was able to buy my mother a silver candle snuffer and another time, I bought her a lapel pin with a little blue stone in the middle\u2026all with the money I earned doing chores.<\/p>\n

 <\/p>\n

Children these days would either have to type in a code on their cell phones or swipe a credit card to pay for that special something they want to buy for their parents.\u00a0 It just couldn\u2019t give them the same sense of accomplishment.\u00a0 Every penny I gave that saleslady had a story behind it. All a credit card has is an APR.<\/p>\n

Say good-by to wallets when cash is no more.\u00a0 You can keep all your credit information on your cell phone or slip your credit card in your pocket.\u00a0\u00a0 Profiles will be slimmer and, because seeing the cash, made you realize how much you were actually spending, expenditures will go up.\u00a0 But who cares?\u00a0 It\u2019s all just numbers and as every politician knows you can make numbers say anything you want.<\/p>\n

 <\/p>\n

The good news is if you keep your pennies stashed away in a bureau drawer, they will become valuable relics from another time, like vinyl records and rotary dial phones.\u00a0\u00a0 Your heirs can sell your stash for at least 500% of their face value.\u00a0 That should pay for your casket!<\/p>\n

When I was young I thought that money<\/p>\n

Was the most important thing in life;<\/p>\n

Now that I am old, I know that it is.
\nOscar Wilde<\/p>\n

\u00a0<\/strong>\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

WHAT WILL THE TOOTH FAIRY DO? Lynn Ruth Miller \u00a0 Most people can’t even think what to hope for \u00a0When they throw a penny in a fountain. Barbara Kingsolver There…<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[837],"tags":[],"class_list":{"0":"post-3795","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-joe-cillo"},"yasr_visitor_votes":{"stars_attributes":{"read_only":true,"span_bottom":"