shutosha on Nostr: If credit card interest is lowered , wouldn't overall credit card debt increase ? Cuz ...

If credit card interest is lowered , wouldn't overall credit card debt increase ? Cuz people will pile on more debt ! ?

#askNostr

Regulation always has UNINTENDED CONSEQUENCES!

https://www.foxbusiness.com/politics/josh-hawley-bernie-sanders-propose-capping-credit-card-interest-rates-10