| 02:34 |
mats |
https://www.federalreserve.gov/econres/feds/files/2023007pap.pdf |
| |
~ 7 hours 50 minutes ~ |
| 10:24 |
asciilifeform |
mats: 'what part of 'free money' do they not like -- the part where it's free, or the part where it's money?'(tm)(r)(limonov). |
| 10:26 |
asciilifeform |
who the fuck in usa even has 'no reward %' creditcard? asciilifeform not recalls ever seeing one |
| |
~ 1 hours 4 minutes ~ |
| 11:31 |
mats |
i've known a few people that just use a debit card |
| 11:31 |
mats |
you can run some debit cards as credit so you get some protection but no rewards |
| 11:34 |
mats |
they're often students, or have bad credit, or are generally afraid about using credit because they've seen other folks mismanage usage and end up owing many thousands of dollars in just interest |
| 11:35 |
mats |
a tradesman i use had his credit destroyed during the breakup of his marriage, ex wife put $15,000 in purchases on their joint card |
| 11:37 |
mats |
he spends thousands of dollars a week on materials and doesn't get any rewards or cash back |
| |
~ 1 hours 14 minutes ~ |
| 12:51 |
asciilifeform |
mats: the bottom of that hell afaik is prepaid cards, where recharge costs x + 5$ or somesuch (and also no reward % etc), for the recently bankrupt |
| 12:52 |
* |
asciilifeform recalls hearing of prepaid electric meters etc. for same |
| |
~ 2 hours 43 minutes ~ |
| 15:35 |
mats |
i know a greek guy that got an F-1 visa, studied in usa, worked for a while, couldn't get it renewed, loaded up his card with stuff worth almost five figs like described in mp's "universal plan for wealth", and went home without repaying |
| 15:36 |
mats |
he told me he did some research on forums with intl students and many indians reported that they got away with it |
| 15:37 |
mats |
pretty good poke in the eye on the way out |
| |
~ 16 minutes ~ |
| 15:53 |
asciilifeform |
mats: lulzy that they'd give a cc to 1 of these. then again usg backstops the money lenders ~infinitely, it aint as if they lose serious dough this way |
| 15:55 |
asciilifeform |
( would you or any other reasonably sane human lend dough to a tourist? didn't think so lol ) |
| |
~ 36 minutes ~ |
| 16:31 |
mats |
he was making like 70k i think it would be reasonable in a vacuum |
| |
~ 6 hours 45 minutes ~ |
| 23:17 |
asciilifeform |
!q uptime |
| 23:17 |
dulapbot |
asciilifeform: time since my last reconnect : 118d 0h 27m |