politics
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Capping Credit Card Interest Rates is a Bipartisan Blunder
Interests rates reflect the risk of lending. Under price controls, card companies will reduce credit limits and lend to fewer borrowers.
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Does Trump Owe the Fed a Thank You?
The Fed flooded the economy with new money, driving prices up. Voters responded to inflation by booting the incumbent administration.
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•
Capping Credit Card Interest Rates is a Bipartisan Blunder
Interests rates reflect the risk of lending. Under price controls, card companies will reduce credit limits and lend to fewer borrowers.
-
•
Does Trump Owe the Fed a Thank You?
The Fed flooded the economy with new money, driving prices up. Voters responded to inflation by booting the incumbent administration.