8 ms·

So because your losses are comfortably socialized, it's a good system?

• lmm 4y ago
  Better than a system that can't manage that much.
• dleslie 4y ago
  Yes? I don't see how helping my fellow citizens, and myself, at a vanishingly, immeasurably small cost to myself is a bad thing.
  • psychlops 4y ago
    I agree with your sentiment, but my credit card fees are definitely measurable.
    • dleslie 4y ago
      Mine are minimal; I pay no annual fee and no interest if I pay off in time. So they're effectively just the transaction overhead, which debit demands as well.
      • xur17 4y ago
        Minimal in terms of direct costs to you, but merchants pay 2-3% on EVERY transaction, and I can guarantee you that does end up baked into the prices you pay.