Not entirely beneficial, credit card interest rate caps create the tradeoffs that we always associate with price ceilings.
Looking at the psychology of spending, we can compare the difference between using cash and a tap or swipe.
Knowing it is somewhat useless and yet still a part of our culture, we should ask if eliminating the penny is a wise decision.
Since eliminating the penny just got added to President Trump's to-do list of new government policies, we should debate the pros and cons.
Moving away from cash toward more debit and credit card spending, we can observe how our payment pain changes.
The United States can move money from regions with money to those that need it for needs that include mortgages and hurricanes.
Looking at the penny debate, we have a slew of reasons on both sides that have been used for decades with one new addition from the TSA.
Through their consumer surveys, the Federal Reserve identifies how and where our forms of payment differ and why it matters.
The latest battle in Zimbabwe's war against inflation is being fought with another new currency that is called the ZiG.












