How Banks Scare Us Into Becoming Little Bank Lobbyists


Hamilton Nolan — “Bureaucrats want to take away your debit card!” Seems unlikely. But that’s the best slogan the banking industry could come up with to try to enrage consumers about a proposal to cut the fees that banks can charge to retailers when you use your debit card to buy something.

via How Banks Scare Us Into Becoming Little Bank Lobbyists.

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