Stealth Inflation

Posted by michael on Thursday December 4, 2003 @06:17AM from the fraud-by-any-other-name dept.

prostoalex writes "The New York Times on the Web explores the topic of incorrect bills and numerous surcharges with names like 'assessment', 'handling', 'restocking', etc. David Pogue quotes Business Week magazine, where it says that such small charges $100 million annually for hotels, $2 billion for banks and $11 billion for credit-card companies. Users of landline phones, cell phones, checking accounts and credit cards are starting to suspect that such huge revenue might imply the mistakes are made on purpose. Is it just another conspiracy theory, or are we becoming victims to the stealth inflation?"

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Re:Stealth Inflation by Pingular · 2003-12-04 06:30 · Score: 0, Troll

But I haven't any ninjas to tax!
here's one

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When anger rises, think of the consequences.
Confucius (551 BC - 479 BC)
Re:Cell Phone charges. by Acidic_Diarrhea · 2003-12-04 06:37 · Score: 0, Troll

Because people are dumb they just paid the erroneous fee? People who are dumb use words like "payed" or "cuz." People who are busy and may not have time to take notice of fees that shouldn't be on their bill may just pay them.
I don't think you should be calling people who have neither the time nor inclination to look over their bill closely, "dumb."

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I hate liberals. If you are a liberal, do not reply.