Sean Vanatta on Credit Cards
Peoples & Things
Evolution of Credit Cards and Financial Systems in the United States
The chapter explores the historical significance of coins, printed money, and credit cards in different economies, highlighting the impact of ATM machines on banking and the role of credit cards in American society. It delves into the evolution of banking from local institutions to global giants, the journey of the speaker studying credit cards, and the concept of predatory inclusion in consumer credit. The discussion also covers the regulatory erosion and financialization transforming the economy from the New Deal era to the late 20th century.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
