Creates a central pool of money with no owner rather than the money being held by the individual owners.

This allows for expenditures to take place that the owners aren't willing to pay for as long as they're profitable.

It perpetuates this fiat hellscape we are in 

What's to hate?

I recently picked up playing the churning game as a fun hobby... I'm on my 5th credit card this year, alternating between business and personal cards... fun way to pick up tax free miles and big signup bonuses.

econ

There Are Two Kinds of Credit Cards

k00b

I have a love hate with credit cards. But yeah both banks and the credit card companies make a lot of their revenue on swipe fees. 