Got a letter from my bank today. They're trying to shove another $2,000 onto my credit card limit.
I thought credit was supposed to be limited. I thought there was a crunch, a lack of liquidity, a need for a bail out.
If that's the case, why are banks offering more credit to customers, rather than less? I have been expecting a letter saying they were going to have to reduce my limit, because they couldn't afford to lend as much as they did in the past.
I am completely baffled. I am saving this letter. Next time there are calls for a bailout, I'm going to take it out and mail it to the Treasurer with a "please explain" note attached.