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07-15-2012 01:57 PM
I think there will be a backlash from this. I carry minimal cash and charge almost everything. It helps me keep track of my spending and provides a record for any tax deductions. I don't use a debit card because I think it's risky.
I'm sure people spend more if they can charge it and think twice with cash. Retailers make enough profit to cover these costs, it's the price of doing business.
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