Re:Can the Visa-Mastercard duopoly be broken?
by JumpCrisscross on Wednesday August 17, 2022 @06:56PM
(#32502868)
> system definitely favors the rich over the middle class
This is correct. But it's a far cry from "nobody really has rewards." Framed a bit differently, our credit card system is a regressive tax on consumption.
This is correct. But it's a far cry from "nobody really has rewards." Framed a bit differently, our credit card system is a regressive tax on consumption.