The Trap of Credit Cards is NOT the Interest Rate

Video Description

Launch the idea you’ve been sitting on TODAY with Hostinger Horizons, use my code SLIDEBEAN10 to get 10% off: http://hostinger.com/slidebean10 – 💡 Want to turn tech into leverage, not a liability? Try Slidebean: https://yt.slidebean.com/rl9 🚀 For weekly stories at the edge of tech, money, and power: Join The Startup Club: https://yt.slidebean.com/8d0382 – Subscribe to the Startup Club YT channel ► https://www.youtube.com/@StartupClubTV – Recommended videos: https://youtu.be/l5jzunXgeRg https://youtu.be/qjx_lACUsy8?si=TfhQvacrvJM3JIYh – Everyone’s worried about credit card interest rates. But the real trap? It’s hiding in plain sight—with every single swipe. This episode uncovers how Visa and Mastercard quietly built a duopoly that acts like a private tax on every transaction—funding flashy rewards for some, and pushing millions into debt. From spam mail in the 50s to $1.2 trillion in credit card balances today, we break down the infrastructure, the lawsuits, and the lobbying that keeps it all going. – Follow us Twitter aka X: http://twitter.com/slidebean LinkedIn: http://linkedin.com/company/slidebean Instagram: http://instagram.com/slidebean Caya Twitter aka X: http://twitter.com/cayahere LinkedIn: https://www.linkedin.com/in/caya/ #slidebean #startups #CreditCards #Visa #Mastercard