Credit Card Fees—Credit Card Fees Transfer Wealth To Rich: Fed Bank Study – CNBC – jason’s posterous


Credit card fees and rewards programs exacerbate income inequality by acting as a transfer of wealth from poor to rich, according to a Federal Reserve Bank of Boston study released Monday.

READ BLOG: via Credit Card Fees—Credit Card Fees Transfer Wealth To Rich: Fed Bank Study – CNBC – jason’s posterous.

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