Bernie Sanders And Josh Hawley Will Be Mugged By Interest Rate Reality
Despite what Fed officials, economists, and their media enablers tell you, there’s no such thing as costless credit. This is important simply because economists and pundits who should know better still claim against all logic and reason that when the Fed goes to “zero,” so do interest rates. No, that’s not true.
A new bill to cap credit card interest rates at 10% could erase card rewards for consumers, financial experts told the Washington Examiner.
Many Americans are paying credit-card interest rates over 20%, but a new bill from a bipartisan duo would slice their card ...
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