That is exactly why its devalued, a credit card is the ability to print money. The high interest rate means that percentage of interest charged devalues every dollar digitally printed by the use of that card. Further devalued by the charge to the business to take it. The dollar is worth about 2 cents and if we are honest it's really worth zero already. Like a dead fish out of water, still alive and kicking but no where but death to go.
That is exactly why its devalued, a credit card is the ability to print money. The high interest rate means that percentage of interest charged devalues every dollar digitally printed by the use of that card. Further devalued by the charge to the business to take it. The dollar is worth about 2 cents and if we are honest it's really worth zero already. Like a dead fish out of water, still alive and kicking but no where but death to go.