00:00Every time you pay cash, you are actually paying for a stranger's luxury vacation.
00:05This hidden transfer happens at the register of every store you visit today.
00:10Retailers bake a hidden 3% credit card swipe fee into every single price tag.
00:16Because the law prevents charging cardholders more, you pay the same inflated price in cash.
00:23You are paying for a service you do not use and never get to enjoy.
00:27This invisible surcharge does not stay with the store or help your local community.
00:34It flows directly to massive banks to fund elite perks for their highest spending customers.
00:40These financial institutions rely on your cash payments to balance their high reward budgets.
00:46Lower-income shoppers without premium cards are effectively subsidizing the rewards of the ultra-wealthy.
00:52Your grocery bill rises, so a corporate executive can enjoy a free business class flight.
00:59The system effectively taxes the poor to provide luxury travel for the top 1%.
01:05The Federal Reserve confirms that cash users transfer billions to card users every single year.
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