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Price controls never work, even ones proposed by conservatives

Credit card interest rates can feel punishing. When cash gets tight, many American families turn to credit cards to float expenses, often at interest rates that can be eye popping, especially for lowincome families with less-thanstellar credit scores.

As a result, it's no surprise politicians are taking notice, and the idea of capping those rates at 10% may sound appealing. For years, folks like Be…

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