Disappearing dollar has been a vital part of the American experience

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 98%

Ireland Headlines News

Ireland Latest News,Ireland Headlines

It is surprising to see the art form of grubby day-to-day commerce evaporate so quickly

McSorley’s Old Ale House in Manhattan, just across from the fabled Cooper Union and a staple on East 7th street since 1854, may be the last bastion of civilisation in more ways than one. It has remained true to the tenets of its founding fathers under the ownership of the Mahers in that there are still no televisions showing sport on silent, still no background music playing Taylor – James or Swift – and, most radically, no cards accepted behind the bar.

The only concession they have made is to locate a stand-alone ATM just outside the door so that first-time visitors don’t have to wander the East Village looking for a cash machine. In 2015, according to a World Economic Forum report, just 24 per cent of Americans never used cash on a week-to-week basis. By 2022, that figure had almost doubled to 41 per cent, and that number is accelerating all the time. Correspondingly, the number of ATMs is steadily dipping across America.

Not all that much time has passed since the bar counters in America were festooned with dollars on a busy afternoon or evening, with patrons leaving their money alongside their glasses for the bartenders to act as cashier as they served them up, and gratuity notes left strewn across the counter when times were good. It was an impractical scenario and based on trust and, for that very reason, kind of appealing.

I was in the United States for a full month before I noticed anyone paying for anything with actual dollars and cents – and that was because the line of people and the cashier were becoming impatient waiting for the guy to count out his loose change: the act itself was like something out of time.

Source: Entertainment Trends (entertainmenttrends.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Westlife Announces North American and Latin American TourNicky Byrne is excited for Westlife's upcoming tour in North America, Latin America, and South America after 25 years. The band will start their tour in Canada and end in Brazil.
Source: VIP Magazine - 🏆 24. / 51 Read more »

European star mocks American Ryder Cup team with caddie’s bib in FloridaRobert MacIntyre had the winning score printed on the back of Mike Burrows’ attire at the Valspar Championship.
Source: The42_ie - 🏆 5. / 86 Read more »

DWTS' Jason Smyth shares how he met his American wife Elise 14 years agoThe Paralympian and Dancing with Stars favourite has has been married to his wife Elise since 2012 and they share two daughters Evie, who is 8, and Lottie, aged 5
Source: RSVPMagazine - 🏆 7. / 76 Read more »

Top-10 finish for Meadow as American Tardy earns maiden tour victory in ChinaMeadow finished in eighth place after a final round of 69.
Source: The42_ie - 🏆 5. / 86 Read more »

Changes at Dundalk continue with two new Irish-American investorsLatest announcement comes just 24 hours after Peter Halpin was named as the club’s new chief executive officer.
Source: The42_ie - 🏆 5. / 86 Read more »

Biden and Trump clinch presidential race rematch most American voters do not wantA bitter, morally exhausting contest between the two is confirmed after Biden wins the Georgia Democratic primary and Trump takes Republican primaries in three states
Source: IrishTimes - 🏆 3. / 98 Read more »