LogFAQs > #923960379

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Topic	Do overdraft fees contribute to inflation?
8-bit_Biceps 06/28/19 6:49:10 AM #30:	Two different contexts. The first context is about the banks taking your money via overdraft fees. So I said that companies (lets stick with clothes because I mentioned those already...clothing companies) will charge more to make up for it. Yes, I said that, but this context doesnt account for people buying clothes. In the second context, Im talking about demand going down because people already have clothes. In the first instance demand stays where it is because it doesnt factor in people having appeased their need / desire for clothes. <cite>8-bit_Biceps posted [p:923960379] in Do overdra... [t:77822717]...</cite> <quote>Two different contexts. The first context is about the banks taking your money via overdraft fees. So I said that companies (lets stick with clothes because I mentioned those already...clothing companies) will charge more to make up for it. Yes, I said that, but this context doesnt account for people buying clothes. In the second context, Im talking about demand going down because people already have clothes. In the first instance demand stays where it is because it doesnt factor in people having appeased their need / desire for clothes.</quote> ... Copied to Clipboard!
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