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The 2005 controversy came after a related lawsuit settled in 2002 in Texas. That lawsuit, alleging exorbitant late fees, led the company to pay $9.25 million in attorney fees and offer $450 million in late fee refund coupons (which were rent-one get-one-free coupons, and thus required the customer to make an initial expenditure).
To get a literal monkey off his back, a man visits his local Dodge dealer and purchases a new Dodge Magnum station wagon. Ford "The One" A Ford GT is shown driven at speed on a racetrack. Credit card MasterCard "Errands" Homer Simpson is doing some errands such as buying beer instead of diapers, an oil change, and a haircut. Homer seems to know ...
In 2018, bitcoin's design caused a 1.4% welfare loss compared to an efficient cash system, while a cash system with 2% money growth has a minor 0.003% welfare cost. The main source for this inefficiency is the large mining cost, which is estimated to be US$360 million per year.
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