Publication: Journal of Economic Education
Volume: Volume 31, No. 3
Issue: Summer 2000
Pages: 271-280
Author(s): Frank G. Steindl (Oklahoma State University)
Address (Principal Author):Frank Steindl
Dept. of Economics
Regents Professor of Economics
Oklahoma State University
Stillwater, Oklahoma 74078-0555
Phone: (405) 744-5091
Fax: (405) 744-5180
Internet Address (Principal Author):Steindl@okway.okstate.edu
Title: Credit Cards, Economization Of Money, And Interest Rates
Abstract: Credit card use is shown to cause interest rates to rise and not to be simply a substitute for money; rather, increased credit card use must result in increased consumption expenditures.
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