Cato Daily Podcast

Trump Pitches Voters on a Price Control for Credit Card Interest

Sep 23, 2024
Nick Anthony, a commentator on economic policies, critiques Donald Trump's proposal to cap credit card interest rates. He discusses the dangers of government price controls, emphasizing how they can conflict with personal freedoms and harm vulnerable consumers. The conversation dives into the historical implications of similar regulations and how they distort consumer choices and market availability. Anthony warns that limiting interest rates could lead to unintended consequences, reducing access to credit for those who need it most.
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