Guns and $100 Bills - Both Bad?

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ChanceMcCall

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Today's newspaper contained a fairly long article calling for the elimination of the $100 bill. Much like other items like switchblade knives and firearms, the argument for doing so was that only criminals carried or utilized $100 bills. The primary proponent for eliminating the $100 bill went so far as to state, "He didn't know a single person who carried a $100 bill, and that (again) the only reason he could see why anyone would want a hundred dollar bill would be to facilitate committing a crime or avoiding taxes".

My reaction was I know many, many people that possess and utilize $100 bills that are not criminals and, to the best of my knowledge, are not major tax evaders. Many of those I know do so because they desire privacy and/or a way to shield assets from some kind of legal seizure.

I don't have a smart phone, but if I did, I certainly would recoil from using it to pay a restaurant, gas station, hotel or supermarket. Maybe it doesn't matter, but it bothers me that government agencies, businesses, and others can review my purchases. What brand of toilet paper, toothpaste, or shotgun shells I buy should be, in my opinion, my business. One of the credit cards we own actually sends text messages to my wife every time I use it detailing what I bought and the exact time I bought it!

Now, I like my wife quite a bit and I don't really care that she has access to all of this, but her predecessor was a different matter. There were lots of transactions I did not want to share and hundred dollar bills kept it that way. When it came time for divorce, I was very glad that much of my prior transactions had been paid in cash, and although the divorce was costly, the gold, silver, and $100 bills never were counted in the asset division.

Now. I can understand why some might not have approved of my lifestyle in my previous marriage, but, it was not criminal. Shouldn't people have the right to privacy?

What about lawsuits? Your kid has a car accident, and in many jurisdictions you can be sued. Some kid's parents sue you over a fence on which their kid (who shouldn't be climbing it in the first place) injured him/herself. Someone claims you made unwanted advances or hurtful comment and you get sued. Hell the parents of the kid who shot the home invaders a few months back are now being sued because they allowed their son "an unfair advantage" by to access an AR-15.

I also don't trust government. I know that many would immediately assume that I must be a redneck high school dropout with a mental problem. Well, despite having matriculating from an Ivy League university, they did get the red neck part right.

Actually the mistrust came from being a former federal law enforcement officer and later, a political consultant and lobbyist. What I know about government makes me sick and totally mistrusting.

By maintaining non traceable assets like $100 bills, gold, silver, etc. I have an advantage of having some resources the government is not aware of. That could make survival more likely in certain situations.

Just like I want my guns, I also want my $100 bills. How about you?
 
Been a long time but back when I was in the Merchant Marine when you signed off from a ship you could, by law, ask for the balance of your wages in cash. One time about 12 of us were getting off the ship at the same time in Tokyo so for the fun, and just to mess with the company, we all asked for the wages in cash.
We'd all had lots of OT that tour so it was a pretty big pile of cash the Captain had to ask for. ;)
 
If I had to guess I'd say the author of this article was very young. Somewhere between a younger millennial or Gen Z young who might even be living with his/her parents. Because anyone that's purchased anything over a few hundred dollars in cash would know that the $100 is still needed, and personally I think there's a need for a larger denomination especially as inflation continues to erode the value of a dollar.

I've sold a handful of vehicles in the $5,000-7000 range, and it truly sucks counting and recounting that many $100 bills. And I know people that have bought cars and boats for 10x that amount in cash. The $100 bill isn't dead by a long shot, we could actually use some $500 bills in circulation.
 
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