Plastic money a destructive force in society

Re: Surcharges on cards an inappropriate cost, Letters, Dec. 17.

To the Editor,

Re: Surcharges on cards an inappropriate cost, Letters, Dec. 17.

I would not agree with S.I. Petersen in his disapproval of price add-ons for credit card purchases.

In addition to a credit card price add-on, I also think they should add a charge for every Interac purchase.

It is well-known that retailers have to pay credit card companies a percentage of the charged amount and I believe Interac is a small flat fee. Regardless of the amount of these fees, it adds to the retailers’ cost of doing business which, in effect, raises their prices, affecting every customer.

I would prefer that not be the case and those who are intent on remaining disconnected from their own cash flow by using plastic should be charged accordingly.

In years past, I used a credit card for nearly every single purchase, no matter how big or small. It was easy to do and while I still shopped wisely and knew how much everything cost, it wasn’t until years later that I realized how disconnected from money I really was.

I now use cash almost exclusively. My admittedly low/moderate income is cash and I appreciate seeing the flow of money coming in when I sell something and then literally taking those same bills and paying other local businesses for their products/services.

It has transformed my sense of and appreciation for the money I make and have.

Frivolous or unnecessary purchases are rare and if they do happen I now put serious thought into whether or not I need that item. It’s not that I can’t afford it, I can buy nearly anything I need (want and need are different), it’s that shift in awareness that came with dealing with real money.

You likely won’t understand this concept until you actually live within it, which I highly recommend.

The writer suggests the price add-on is an Orwellian route.

I would argue that the proliferation of the use of plastic money (in all its forms) is more destructive to the welfare of a free society than a fee charged to the users of a payment system.

F. Forester


Just Posted

Nanaimo ferry an hour and a half behind schedule after medical emergency

Queen of Oak Bay was delayed at Departure Bay this afternoon

Two Nanaimo residents share $5-million lotto prize

Jesse Logan and Teresa Winters Day matched all six numbers in Aug. 21 Lotto 6/49 draw

East Coast comedian Ron James bringing ‘Full Throttle Tour’ to Nanaimo

James is at work on the first draft of his first book, ‘All Over the Map’

Thieves steal computers and two beers during downtown Nanaimo restaurant break-in

Break-and-enter happened Sept. 3 at Zalathai Thai Restaurant on Victoria Crescent

Nanaimo Boat Show full of ideas about how to get out on the water

Show takes place Sept. 19-22 at Waterfront Suites and Marina on Stewart Avenue

Nanaimo remembers Terry Fox and runs for his cause

Terry Fox Run was held Sunday at Bowen Park

B.C. forest industry looks to a high-technology future

Restructuring similar to Europe 15 years ago, executive says

RCMP conclude investigation into 2017 Elephant Hill wildfire

Files have been turned over to BC Prosecution Service

B.C. wants to be part of global resolution in opioid company bankruptcy claim

Government says settlement must include Canadian claims for devastation created by overdose crisis

Island campground on the chopping block as ALC deadline looms

Owners fighting to continue facility’s operation, with a huge outpouring of support

B.C. ends ‘birth alerts’ in child welfare cases

‘Social service workers will no longer share information about expectant parents without consent’

U.S. student, killed in Bamfield bus crash, remembered as ‘kind, intelligent, talented’

John Geerdes, 18, was one of two UVic students killed in the crash on Friday night

Clippers earn five out of six points in BCHL action

Nanaimo splits with Alberni Valley, beats Chilliwack

Most Read