When did you last hold a $50 bill in your hand? The new ones look strange … faintly colored, graphically random.
You should pick one up some time to reacquaint yourself with something called U.S. currency. Look closely. It still reads: This note is legal tender for all debts, public and private.
Here’s my question: Does pumping my own gasoline at Costco constitute a debt, either public or private?
Between the moment my gas tank is full and the moment I actually pay for the gas, I owe Costco some money. I have incurred a momentary debt, and it seems to me I should be able to pay it with my U.S. currency.
Just try. In fact, at Costco filling stations my only choice is to pay with plastic—even though there are plenty of human attendants readily available.