Hello, Wine Embers. My name is Jesse Mika, with another episode of The Wine Em Podcast,

where we teach you four rules to help you stop them paycheck to paycheck, get out of

debt, and save more money. And it's like y'all heard that I liked to have inbox zero with

Ask Jesse, and you came at me. You came at me hard. You sent me an article from NPR with

the title of, let me see if I can pull this up really quick, with the title of, this is good. Why

many business owners would love it if you stopped using your credit card. And it goes to the

stuff we've talked about here on the podcast, I wanted to pull out this quote, and I want to

throw this guy into the bus, or whatever you would say, but you know, it's basically a battle.

You have a duopoly, a visa and master card, and if you have a duopoly, an oligopoly, a monopoly,

then you likely are paying more than you would in an otherwise competitive environment, right?

That's kind of the economics 101 of the situation. And we are dealing with a duopoly here in the

United States. One way that you can mess with a duopoly is through regulation, and other ways are

through competition. Either one's fine, but duopolys, in the most part, they're no good for the

end consumer. What's interesting here is it talks through how it's Robin Hooden reverse,

and we've hit that, the credit card points, that you enjoy, because you swipe with the card, all of

those fees, all of the fees, whether it goes to the processor, like visa master card, the bank,

that issues the card, and then a little bit for the rewards that you get, that two and a quarter

percent is what MPR sites is kind of the average rate, and that checks out with what I was looking at.

That is all just baked into the system. So we push, and we say, well, Jesse, of course I'm going to

use my rewards because I don't pay interest, and if it's already baked into the system, I'm going to

get my cut of the cut, so to speak, and they call it Robin Hooden reverse because many people

that aren't quite as privileged aren't quite as well off, they are still paying those same

...