That’s right
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Replying to @jdcmedlock @mattyglesias
Alternatively we should have a publicly owned credit card processor that does this
14 replies 3 retweets 144 likes -
Replying to @jdcmedlock @mattyglesias
This is all a Bad Take™ Credit card companies are inherently expensive and unnecessary. Instead, the United States should fix the bank transfer system (FedNow) like any other serious country (Mexico, Brazil, India, Russia, China, EU, UK) has done in the last 20 yearspic.twitter.com/zlvYOAwXEL
1 reply 0 retweets 4 likes -
Making credit card tax payments free is a great example of America fixing symptoms instead of the root cause though
1 reply 0 retweets 0 likes
Fast retail paymentshttps://www.bis.org/cpmi/publ/d154.htm …
10:45 AM - 24 Aug 2021
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