Tuesday, May 19, 2009

If only I had been more irresponsible

I keep my credit card charges low and pay off my balance every month.  Therefore, I must be punished: "Credit card industry aims to profit from sterline payers."  Actually, I'm not too frightened because I can't see how credit card companies can bring back annual fees and add-on charges without inviting a consumer revolt.  Hey, man, cash is fine with me.

1 comment:

ScottJ said...

The more they threaten to tax, subsidize, or simply "spread the wealth around," the more the underground (cash) economy grows. Another unintended consequence of ill considered policy.