4 ms·
> Credit card companies do no have the luxury to create new money, so of course they will charge higher fees. Credit card companies? No. Banks? Yup. http://en.
by mvc 13y ago
> Credit card companies do no have the luxury to create new money, so of course they will charge higher fees.
Credit card companies? No. Banks? Yup. http://en.wikipedia.org/wiki/Fractional-reserve_banking#Money_creation_process http://en.wikipedia.org/wiki/Fractional-reserve_banking#Mone...