Re:Harry Browne’s 17 Golden Rules of Financial Safety (2013)
by ghaff on Sunday September 03, 2023 @12:52PM
(#37371897)
It depends on the context. In the context of paying for your dinner, it means bills/notes. In the context of personal or corporate finances, it means liquid, low-risk investments.
>Also wow, didn't know you can't buy a car or a house with cash in US anymore, interesting times. Which year did it become illegal?
It's not illegal but I'd guess in a lot of situations involving (legal) high dollar transactions, the seller is probably going to tell you to take your briefcase of $100 bills to the bank and get a cashier's check--which will also kick off some raised eyebrows and financial reporting obligations.
>Also wow, didn't know you can't buy a car or a house with cash in US anymore, interesting times. Which year did it become illegal?
It's not illegal but I'd guess in a lot of situations involving (legal) high dollar transactions, the seller is probably going to tell you to take your briefcase of $100 bills to the bank and get a cashier's check--which will also kick off some raised eyebrows and financial reporting obligations.