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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart 19 Apr 2019
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      Would the US be well served by a law that prevents people from taking on credit card debt before the age of 25?

      3 replies 0 retweets 0 likes
    2. David Short‏ @davidgshort 19 Apr 2019
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      Replying to @Molson_Hart

      Will some people be better off, sure. Is that a reason to remove easily accessible credit from all 18-25 year olds, I don’t think so. Why stop at 25? Why only credit card debt?

      1 reply 0 retweets 1 like
    3. Molson Hart‏ @Molson_Hart 19 Apr 2019
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      Replying to @davidgshort

      By that time, people have some sense. Credit card debt in particular is used for pointless one off purchases unlike auto or home credit?

      1 reply 0 retweets 0 likes
    4. David Short‏ @davidgshort 19 Apr 2019
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      Replying to @Molson_Hart

      Is it? Kevin Smith made Clerks off credit card debt. Airbnb guys talk about how they had a baseball card binder full of credit cards to keep the business running. If they can’t get credit cards do they take out payday loans instead?

      1 reply 0 retweets 0 likes
    5. Molson Hart‏ @Molson_Hart 19 Apr 2019
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      Replying to @davidgshort

      My suggestion probably sucks, but for most people, it's probably not a good idea to be using a credit card to make a movie or do a startup based people sleeping in strangers' homes.

      2 replies 0 retweets 1 like
    6. David Short‏ @davidgshort 19 Apr 2019
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      Replying to @Molson_Hart

      18-25 are dumb with credit card debt 👍 government intervention to cut off a market 👎

      1 reply 0 retweets 1 like
    7. Molson Hart‏ @Molson_Hart 19 Apr 2019
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      Replying to @davidgshort

      Agreed. How do you feel about debtor's prison (like actual prison, not a metaphorical one)?

      1 reply 0 retweets 0 likes
    8. David Short‏ @davidgshort 19 Apr 2019
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      Replying to @Molson_Hart

      I think bankruptcy and the consequential destruction of access to credit feels reasonable, and more likely to encourage small businesses, etc. to expand without the fear of prison time if it was a bad decision.

      1 reply 0 retweets 0 likes
      Molson Hart‏ @Molson_Hart 19 Apr 2019
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      Replying to @davidgshort

      Complicated topic, but I think I agree.

      9:31 PM - 19 Apr 2019
      0 replies 0 retweets 0 likes

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