Historian and comedian Sean Vanatta discusses the history of credit cards in the US, highlighting regulatory struggles, consumer credit evolution, and financial system complexities. The podcast explores the impact of technology on money, consumer credit during the Great Depression, and missed opportunities for financial reform.

Sean Vanatta, a lecturer in US Economic and Social History and author of "Plastic Capitalism," dives into the fascinating history of credit cards in the U.S. He explores the evolution of consumer credit and regulatory changes from the post-World War II era to today. The discussion includes the potential Capital One and Discover merger and its implications for market competition. Vanatta highlights how societal dynamics impact consumer credit perceptions and shares insights on modern challenges like inflation and household debt.

Historian and standup comedian Sean Vanatta discusses the rise of the credit card business in the US, exploring the interplay between banks, consumers, and governments leading to diminished regulatory power. Topics include predatory inclusion in credit markets, the evolution of consumer credit, Citibank's role in the national economy, and the Marquette Supreme Court decision.