this post was submitted on 03 Jun 2026
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[–] NateNate60@lemmy.world 2 points 2 days ago (1 children)

I feel like if you want to blame a company for creating the modern financial system, John Pierpont Morgan and the company which bears his name are probably 10x more responsible.

[–] Warl0k3@lemmy.world 2 points 2 days ago* (last edited 2 days ago) (1 children)

And that company isn't even a little bit relevant right now, nor has my intent ever been to figure out which company is the "most to blame". But neat, thanks for sharing your opinion, I will continue to consider Visa and Mastercard to be among the few absolute worst offenders.

[–] NateNate60@lemmy.world 3 points 2 days ago (1 children)

J. P. Morgan is absolutely relevant in the modern day.

[–] Warl0k3@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

... J P Morgan Chase is not relevant right now because this is an article about Visa and Mastercard.