Thursday, June 16, 2022
The owner of the coffee shop I frequent most mornings always has a wad of cash in his pocket, permitting me to cash a hundred dollar bill. (Dunkin’ Donuts won’t cash anything larger than a twenty because the local owner is paranoid—and the twenty is the most counterfeited bill in America, not the hundred.)
I kidded him about having a “bank in his pocket.” He said that most of his transactions are now in cash. I asked him why that was.
“More and more people,” he said, “have ‘tapped out’ their credit lines.”
See, it doesn’t take any special training to be an ace consultant. In fact, it’s probably more difficult to run a profitable coffee shop.