A credit card is only an automatic way of offering credit to a consumer. Today, every credit card carries an identifying number that speeds shopping transactions. Imagine what a credit purchase would be like without it, the sales person would have to record your identity, billing address, and terms of repayment.
Speaking about money - Have you read my article on the History of Money I have to say it is now my favorite invention. Photo: Mary Bellis
All things that go around come around.
Paper money replaced gold and silver coins.
Soon, maybe, paper money will become worthless. To be replaced by gold and silver coins?
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