Comments on: Now I Can Say, “I Told You So, So Take Your Credit and…” http://www.thomasso.com/2010/07/17/now-i-can-say-%e2%80%9ci-told-you-so-so-take-your-credit-and-%e2%80%9d/ Life in Fort Langley, BC, Canada (near Vancouver) Sat, 11 Feb 2012 08:20:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Radam http://www.thomasso.com/2010/07/17/now-i-can-say-%e2%80%9ci-told-you-so-so-take-your-credit-and-%e2%80%9d/comment-page-1/#comment-24092 Radam Sat, 17 Jul 2010 21:24:41 +0000 http://www.thomasso.com/?p=2946#comment-24092 I'm in perfect agreement with you on this. I was just thinking about this stuff today, and how we the consumer might get a 1% of purchases benefit while the merchant gets charged between 2% to 4%. Banks and credit card companies are making a fortune for doing basically nothing of value for society. They're constantly just skimming off the top. Parasites is right! :evil: While I'm glad that I don't have debt, and simply use my credit card as a payment vehicle (paying off the balance each and every month)... far too many people don't view it or use it that way. That, combined with the unlimited growth paradigm that our economies currently subscribe to, make for a grim future for our society. RadMan I’m in perfect agreement with you on this. I was just thinking about this stuff today, and how we the consumer might get a 1% of purchases benefit while the merchant gets charged between 2% to 4%. Banks and credit card companies are making a fortune for doing basically nothing of value for society.

They’re constantly just skimming off the top. Parasites is right! :evil:

While I’m glad that I don’t have debt, and simply use my credit card as a payment vehicle (paying off the balance each and every month)… far too many people don’t view it or use it that way. That, combined with the unlimited growth paradigm that our economies currently subscribe to, make for a grim future for our society.

RadMan

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