Re:Bernie Sanders interest-rate cap could end credit-card re...
by edbaskerville on Saturday May 11, 2019 @03:52PM
(#19888051)
Yes! We should simply make credit card rewards illegal in a more direct way. Effectively, people with low-paying rewards cards—and people paying in cash—are subsidizing people with high-paying rewards cards.
In other words, credit card rewards are yet another wealth transfer from poorer people to wealthier people.
In other words, credit card rewards are yet another wealth transfer from poorer people to wealthier people.