American’s Support for Israel Wanes
Americans are more likely to support Israel amid the Middle East conflict, but support is waning. A Gallup poll found that 46% of Americans feel sympathy toward Israel, marking the [...]
Will Store Gift Cards Become Cash?
QUESTION: Marty:
In reading your blog about No Small Amount is Too Small, is it safe to say that the future of gift cards will be non-existent? Or will gift cards be the run-around?
NO
ANSWER: There seems to be a loophole right now with the gift cards. When I tried to buy an American Express debit card and load it with a couple hundred for a gift to send overseas, I was told I could not. It can only be in my name. As it stands now, if governments eliminated paper money but still allowed gift cards in bearer form, then they would simply become cash. It would seem that store cash gift cards would become the circulating cash in the black market economy. When that becomes more commonplace, they would probably shut that down or make them non-transferable in some name that is specific.
Latest Posts
US Deficit Surpassed $1 Trillion in February
According to the Treasury Department, America’s deficit surpassed the $1 trillion mark this February. The deficit reached $307 billion for the month, marking a 2.5X increase on a monthly basis [...]
Canada to Take Over for USAID?
Canada has agreed to fund woke programs abandoned by USAID. As the nation grapples with a barely functioning government and cost of living crisis, the Canadian government is funding what [...]
Market Talk – March 13, 2025
ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 29.05 points or -0.08% to 36,790.03 • Shanghai decreased 13.19 points or -0.39% to 3,358.73 [...]
