Mini Show #55: Queen Elizabeth, Union Busting, Insider Trading, Credit Cards, & More!
Breaking Points with Krystal and Saagar
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Unpacking Credit Card Inequities
This chapter critically examines the inefficiencies and hidden costs of the U.S. credit card system compared to other countries. It highlights how credit card rewards perpetuate wealth inequality, benefiting high-income consumers while disadvantaging lower-income households. The discussion also touches on the regulatory landscape and potential reforms aimed at increasing competition in the payments industry.
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