I don’t think there’s any criminal
intent here, it just seems to be a really awkward fact that Americans have
loaded $1.2 billion onto their Starbucks cards and the Starbucks app, waiting
to pay $3.65 for that cinnamon dolce latte or whatever….
These coffee lovers apparently didn’t
think twice about giving Starbucks the use (and the earned interest) of that
$1.2 billion float—in financial terms, preloading your Starbucks card is the
same as putting your coffee money in a sock.
So, we live in a world in which mostly
perfectly normal people aren’t concerned about putting $1.2 billion into a
noninterest-bearing account that really doesn’t make it easier to grab a
Starbucks coffee.
I’m moving on, thinking about global
climate change now….
Copyright © Richard Carl Subber 2016
All rights reserved.
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