Episode 998
Inside the Mysterious World of Credit Cards (with Patrick McKenzie)
Patrick McKenzie explains to EconTalk's Russ Roberts how credit cards work, who makes money from them and how, and gives his take on whether cash customers and debit card users subsidize the users of credit cards with reward programs.
EconTalk · EconTalk: Russ Roberts
May 19, 20251h 15m
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Show Notes
Patrick McKenzie explains to EconTalk's Russ Roberts how credit cards work, who makes money from them and how, and gives his take on whether cash customers and debit card users subsidize the users of credit cards with reward programs.
Topics
economicseconlibfinancepatrick mckenzieborrowingdebit cardsregulationbankingbusinesslending