00:00Every time you pay cash at a grocery store, you are subsidizing someone's luxury first-class flight.
00:06Major credit card giants charge merchants a hidden fee on every single swipe of a card.
00:12To protect their profits, retailers bake these transaction costs into the shelf price of every item.
00:19This creates a mandatory price hike that hits every shopper, regardless of their chosen payment method.
00:25Families paying with cash are effectively forced to pay a premium for rewards they never receive.
00:31These hidden fees bypass the wealthy and land directly on the backs of the struggling and banked.
00:37Elite cardholders receive cash back that is essentially funded by the higher prices paid by others.
00:44This system facilitates a massive, annual transfer of wealth from the working class to the elite.
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