Mark Moss
๐ค SpeakerAppearances Over Time
Podcast Appearances
But even from the customer, they didn't really establish relationships with the retail establishment.
So, for example, they went to the massage parlor or whatever.
They went to get the Botox.
But they would just chase the best deal, and they wouldn't actually develop a relationship with that provider.
And so I don't think either party really benefited.
It didn't turn into a long-term plan.
But back to the BNPL, I think it will have staying power because people are always going to need to borrow money.
The need to borrow money will always be there's always going to people who have money that want to loan it.
Yeah.
And there's always going to be people that need to borrow it.
Yeah, I think when I hear this, I just think about the late stage fiat system that we're in.
It's systemic to that.
It's the same reason why Trump and Powell are openly fighting right now.
We have inflation that's raging.
People can't afford to live.
And at the end, what the leaders always try to do is try to appease the people by price fixing.
It always comes down to that.
We can't stop prices going up because we can't stop printing money.
So how about we'll just cap prices?
And so whether that's rent controls, Elizabeth Warren wants to cap the price of turkeys for Thanksgiving, or it's credit card rates.