@BillAckman@realDonaldTrump Hard rate caps sound good, but they often reduce access to credit and push people into worse options.
Bottom line: lower rates come from competition and better underwriting, not price controls.
@BillAckman@realDonaldTrump • More low-APR, no-rewards cards (rewards are paid for with higher interest)
• Automatic APR step-downs after a period of good payment history
• Easier balance transfers to create real market pressure
Prediction markets and daily fantasy are eating the world
We'll be hosting @nigeleccles this Friday for @a16z@speedrun office hours.
We'll be hosting these weekly with luminary founders / investors to give anyone access to the top minds in tech.
Like/Comment to get in!
🇦🇷 Emprendedores, productores, PYMES y empresas de Argentina nos comprometimos HOY en el Senado de la Nación a ser parte de la solución a los problemas que enfrentamos #1MillonPor1Millon 🧵👇