Liberal Forum

ROG62 » 10 Jul 2024, 9:25 pm » wrote: ↑

10 Jul 2024, 9:25 pm

Agreed, however, if you're using someone else's money at zero cost, you're making money because those freed up funds are put to work elsewhere...

Just like having a credit card that's paid off every month... I routinely use 1-3k free money every month on my card...it like a personal bank...without the hassle...

See, this is more of that wheel within a wheel. You ARE winning the game - but it's a loser's game. Let me explain. 

The cost of goods and services you acquire in the manner described - the smartest and wisest manner available within the framework of choices available - has built in the cost of your "win." The credit card company is taking a cut of what you paid from your pocket - so you ARE paying for that money, albeit indirectly. The cut you pay goes from you to the vendor to the credit card company.

Now, you'd have paid the same cost if you had used your own cash - which is why doing it your way is the wisest of your available options. But you ARE on a wheel within a wheel, and you ARE being sneakily taxed - though not as hard-taxed as the poor **** who thinks it wise to pay cash for purchases.