AMAC members represent a large demographic of Americans who tend to use cash more than other options and as businesses eventually shift away from accepting cash, we face the possibility of losing our privacy in financial transactions among other problems.
April 6, 2023
The Honorable John Rose
6th District of Tennessee
2238 Rayburn House Office Building
Washington, DC 20515
Dear Representative Rose,
On behalf of the over 2 million members of AMAC – Association of Mature American Citizens, including over 8,700 residing in TN-06, I write to offer our support for your resolution to maintain cash as a robust and viable payment option.
AMAC members represent a large demographic of Americans who tend to use cash more than other options. As businesses eventually shift away from accepting cash, we face the possibility of losing not only our privacy in financial transactions but even worse, the possibility that a failure of our national energy and technology infrastructures would restrict Americans from using their hard-earned money in whatever way they see fit because they cannot use physical cash in their transactions.
Thank you, Representative Rose, for sponsoring this resolution to recognize cash in the form of physical U.S. currency as primary in our financial system, an appropriate way to conduct transactions, and that its viability be maintained now and in the future for our citizens to use to settle debt and conduct business.
Sincerely,
Bob Carlstrom
President
AMAC Action
Print Support Letter
Read full article here