Brought to you by: https://nordvpn.com/hassett🎧 Listen on Spotify: https://open.spotify.com/show/70iSg1PhiwguP7hphLYsVT?si=BIESgbrbRNadlr9rs2815Q🎬 My Documentary Channel: https://youtube.com/@thatjasonhassettVideo Description:In this episode of The Jason Hassett Show, we break down the wild, untold history of credit cards—how a dinner tab in 1950 morphed into a multi-trillion-dollar debt machine that now controls how we live, spend, and dream.This isn’t just about magnetic strips and rewards points. We’re talking about the origin of consumer credit, the rise of banks engineering profit through interest traps, and how tech giants turned your every purchase into a data goldmine. From the Diners Club hustle to Visa’s global domination, this episode uncovers the shady deals, clever marketing, and regulatory loopholes that fueled America’s addiction to plastic.We’ll dive into how debt became the product, explore how credit scores were weaponized, and why your personal data became the most valuable currency in the world. Think you understand how credit works? Think again.If you’ve ever wondered how we went from borrowing spare change to living paycheck-to-paycheck on borrowed time, this episode is your wake-up call. It’s deep, uncomfortable, and absolutely essential.About:Welcome to The Jason Hassett Show, where boundaries in discussions are pushed to the limits. This channel is a dynamic departure from Jason's more structured documentary and F1 channels, embracing a raw, unfiltered format. Here, Jason dives deep into a kaleidoscope of topics, ranging from the intricacies of AI technologies and the enduring conflicts in Israel-Gaza to the enigmatic world of UFOs and heated, controversial debates like the current ones on gender.Expect to find a mix of impassioned rants, rigorous debates, and in-depth discussions, all designed to engage, educate, and sometimes provoke. Each episode is an adventure—an exploration of ideas where nothing is off-limits and every opinion is worth debating. Join Jason as he unravels complex issues, converses with guests from diverse backgrounds, and offers his unique perspectives on the world’s most pressing and intriguing topics.0:00 Intro2:20 The Origins Story10:17 The First REAL Credit Cards19:05 The Boom of the 80s23:26 The Internet Age26:43 The 2000s29:19 Replacing Cash Forever31:48 The Future of Credit Cards#CreditCards #DebtTrap #FinancialHistory #TheJasonHassettShow #DinersClub #Visa #Mastercard #BigBankSecrets #ConsumerismExposed #ModernSlavery #PersonalFinance #UnfilteredTruth #CreditScoreScam #DataEconomy #DebtMachine #JasonHassett

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