Village Kitchen

tis · 06-14-2015, 10:36 AM

Yep, see I forgot. I AM behind ALREADY! I just can't keep up!!

dpg · 06-15-2015, 06:43 AM

Major hit the nail right on the head and that's all I was trying to say about the "plastic" debate is that the market will demand it someday whether the current owner wants to make the change or not. You need to adapt and change with the times to survive. Sure people now don't mind paying cash because they have to. I'd be willing to bet (just my opinion) if the VK started taking plastic they would see a drastic switch and have at least 75% of customers paying that way. Even the "old timers" that have been eating there for years would pay this way. I'm fully aware losing my business once in awhile isn't going to close the place but I've more than once stopped at Buckeys for this very reason, I will not pay a fee to get at cash through an ATM. Again my business once in awhile means nothing but what if 20, 30 or 40 individuals and families are doing the same thing weekly. In the summer times that's probably very realistic. Some day the "old time" cash carrying payers will be gone then what? Maybe by then Samian will be retired and it will be the next owners burning platform.

TiltonBB · 06-16-2015, 06:39 AM

There is a huge percentage of the economy that is "underground"

"Estimates are that underground activity last year totaled as much as $2 trillion, according to a study by Edgar Feige, an economist at the University of Wisconsin-Madison."

Those people, some of whom work for cash, many who could not qualify for a credt card, will always exist. Many people deal in cash just so that their personal cash flow does not leave a paper trail. There was a former mayor of Boston who had no checking account and paid all his bills with cash or a Postal Money Order. That makes it pretty difficult for the IRS to see the whole picture.

Drug use is estimated to be a $60 billion a year business in the United States. As far as I know that is still a cash business.

I don't see a time in the future when we go to all plastic and paper money doesn't exist. For some people, that is all they have.

06-16-2015, 06:39 AM	#3
TiltonBB Senior Member Join Date: Feb 2005 Location: Gilford, NH and Florida Posts: 3,012 Thanks: 699 Thanked 2,203 Times in 937 Posts	Cash Economy There is a huge percentage of the economy that is "underground" "Estimates are that underground activity last year totaled as much as $2 trillion, according to a study by Edgar Feige, an economist at the University of Wisconsin-Madison." Those people, some of whom work for cash, many who could not qualify for a credt card, will always exist. Many people deal in cash just so that their personal cash flow does not leave a paper trail. There was a former mayor of Boston who had no checking account and paid all his bills with cash or a Postal Money Order. That makes it pretty difficult for the IRS to see the whole picture. Drug use is estimated to be a $60 billion a year business in the United States. As far as I know that is still a cash business. I don't see a time in the future when we go to all plastic and paper money doesn't exist. For some people, that is all they have.

06-14-2015, 10:36 AM	#1
tis Senior Member Join Date: Jan 2006 Posts: 6,745 Thanks: 752 Thanked 1,459 Times in 1,016 Posts	Yep, see I forgot. I AM behind ALREADY! I just can't keep up!!

06-15-2015, 06:43 AM	#2
dpg Senior Member Join Date: Apr 2004 Posts: 2,597 Thanks: 153 Thanked 229 Times in 166 Posts	Major hit the nail right on the head and that's all I was trying to say about the "plastic" debate is that the market will demand it someday whether the current owner wants to make the change or not. You need to adapt and change with the times to survive. Sure people now don't mind paying cash because they have to. I'd be willing to bet (just my opinion) if the VK started taking plastic they would see a drastic switch and have at least 75% of customers paying that way. Even the "old timers" that have been eating there for years would pay this way. I'm fully aware losing my business once in awhile isn't going to close the place but I've more than once stopped at Buckeys for this very reason, I will not pay a fee to get at cash through an ATM. Again my business once in awhile means nothing but what if 20, 30 or 40 individuals and families are doing the same thing weekly. In the summer times that's probably very realistic. Some day the "old time" cash carrying payers will be gone then what? Maybe by then Samian will be retired and it will be the next owners burning platform.