Should Credit-Card Rates Be Capped and Payday Loans Banned? Tucker Carlson vs. Thomas Vartanian

Rate controls shrink credit pools. No mention of fiat money, the Fed, and the rest of the financial regulatory apparatus.

My favorite exchange:

Vartanian: “…when you put [creditors] in a bind, they’re going to put their customers in a bind.”

Carlson: “Yeah, I would do it anyway.”

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2:26 pm on May 19, 2019