Sunday, April 3, 2011

Large Bills Not Accepted

While I'm on the subject of legal tender, I want to vent. It pisses me off when gas stations, or any business for that matter, says that they don't accept bills over $20. Isn't my money legal tender for all debts public and private? Don't they have to accept my money?

I can understand that sometimes at a garage sale or if I owe a friend that the individual might not have change for a large bill and that issue has to be worked out person to person. However, businesses need to be prepared to take large bills. I want to go to a gas station and slap a Benjamin down on the counter and say I want to fill up on pump 5 and see what they do. Could I get them in trouble for not accepting my money? Maybe the FBI could get involved like it did with the Liberty Dollar.

Does anyone know anything about the legality of "not accepting" large bills?
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