Clay Travis
๐ค SpeakerAppearances Over Time
Podcast Appearances
I'm not taking them to the good guys.
But what Ted Cruz says is also true.
If people need access to credit, what are you going to do?
You get into this moral hazard thing.
What do you do if somebody needs to have an emergency $1,000 that they can go to on their credit card for whenever something comes up?
What are you going to do?
Are you going to force people to give them the money?
Are you going to force credit cards to try to give a lower rate?
By the way, it's like price controls.
They're going to squeeze at one end, and then you're going to get squeezing at the other end.
This is what ends up happening.
The money has to come from somewhere.
That's exactly right.
This is the Trump gambit.
This is Trump saying something that's going to do a few things.
Without getting into the details right now, because he's moving the focus and changing the pressure here.
So you point out, Clay, people feel like credit card companies.
And that's why I said what I said before.
But I will tell you guys something.
This is actually a little personal anecdote.