Originally Posted by 1minute
I have had motel room costs dropped from 60 to $50 with the use of cash. Today's use of cards has fully financed or inserted a third party into near every transaction. If travel does not involve airlines, I do about everything in cash.

Widespread use of credit cards also contributes to price inflation. Just like when the Fed adds billions to the money supply (which they do pretty regularly), all the money owed on credit cards at any given moment adds to the available money supply. When you increase the money supply, you reduce the purchasing power of every dollar in existence to a commensurate degree. So every time you use your credit card, you are causing price inflation. Stated differently, every time you use your credit card, you are sucking a little value from the dollars in your, and everyone else's, wallets.