Industry economists are skeptical about proposed 10% credit card rate caps, viewing such measures as preliminary policy floats rather than concrete regulatory moves. The consensus suggests these ultimatums face significant implementation hurdles and market resistance, likely falling short of actual enforcement.
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gm_or_ngmi
· 10h ago
Hmm... It's that kind of policy that sounds very promising but actually never materializes. Economists have said it's just a bluff.
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FOMOSapien
· 10h ago
Another wave of seemingly awesome policies, but economists are all sneering... A 10% cap just can't be implemented at all.
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BoredApeResistance
· 10h ago
Talking about plans on paper again? This kind of policy preview comes around every year, but when it comes to implementation, it’s still being held back by banking groups...
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Hash_Bandit
· 10h ago
nah, this feels like when regulators tried capping fees back in '11... all bark, no bite. they'll adjust the difficulty once market pushes back lmao
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CommunityJanitor
· 10h ago
Coming back with this again? The 10% interest rate cap sounds plausible, but in reality, it's just empty talk... Economists have all seen through it.
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SandwichTrader
· 10h ago
It's the same old story... When regulators give a hint, economists follow with pessimistic forecasts, and in the end, nothing happens.
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SignatureLiquidator
· 10h ago
Coming with the same trick again? The 10% interest rate cap is just a show for the retail investors; the actual chance of it being implemented is extremely low...
Industry economists are skeptical about proposed 10% credit card rate caps, viewing such measures as preliminary policy floats rather than concrete regulatory moves. The consensus suggests these ultimatums face significant implementation hurdles and market resistance, likely falling short of actual enforcement.