World Domination Plan #1653

If you had a credit card with no credit limit, could you use it to purchase the credit card company, gain control of it, and waive your debt?

3 Responses

  1. haha! Only in your dreams.

  2. Well, you’d then have to think about the processing fee your newly-purchased company would have to make… at least 3% of the purchase. But how would you pay this? With a credit card? and then somehow the process would become circular and the world would explode. And then you’d make EVERYone mad at you…

  3. Ah, but the series of processing fees is \sum_{i=0}^{\infty} c(.03)^i, (where c is the cost of buying the company initially) which is a converging geometric series whose sum is equal to c/.97. The world remains intact, though the stockholders may be unhappy.

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