Purchasing

Power

Activism groups like Shut Down 315 and General Strike USA talk about purchasing power as if it is a magic wand. They are not incorrect to think this of the power of the dollar. Your magic wand might not turn a man to a frog but it will make corporations quake if used correctly.

Your purchasing power is your direct vote into capitalism. Please understand your dollar is the most desired thing to these corporations, so make it your daily vote. These corporations directly pay/lobby to your politicians so you can sway them the same way. Inflation is getting so high even the big brands will cost more. You might as well go to a local business to spend your money. This is even better if you do it with cash, but if you do it with card it has a bit of a domino effect.

When you swipe your credit card purchcase information is captured. This information is for you, your credit card, and the processing system that runs the company’s point of sale system. The information for you is to track your cash in and out. The information for your credit card company is to help them assist you with tracking it, tracking spening behavior to avoid fraud, but now they are store your data. It cost them money to store your data so they let someone else store it, or they sell it entirely. This is where the third party come in as the processing system or as the data storage facility.

These third parties store a lot of data which again cost money. These data centers are in the same pot as data storage for big companies, which would love your data. You can make your own conclusions from that. This is where customer protections have thought to be shattered and we may have blurred protections against billionares. We loose the fights everyday we believed we have no power to fight.

These third parties store a lot of data which again cost money. These data centers are in the same pot as data storage for big companies, which would love your data. You can make your own conclusions from that. This is where customer protections have thought to be shattered and we may have blurred protections against billionares. We loose the fights everyday we believed we have no power to fight.