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The Federal Reserve Bank & What Credit Costs You
Your bank's prime rate plus a margin rate your bank charges above prime determines your credit card charges. Many consumers do not want to read the fine print of their bank's credit card agreement. Often confused by the terms, we accept the terms with gratitude because we can borrow money.
The Green Eggs and Ham of the Consumer Price Index
During February, our local librarian decorates her bulletin board with Dr. Seuss book titles. Many parents trip their tongues over Seuss stories like Green Eggs and Ham. "Do you like green eggs and ham?/I do not like them, Sam-I-am./I do not like green eggs and ham", nor do I like the cost based on Consumer Price Index records.
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