“The psyche will do anything to avoid pain, and when faced with something traumatic, like having to pay, its instinct is to put it off - what Freud called 'Nachträglichkeit' or delayed effect. Credit card and psyche conspire to soften the blow of paying by staggering it over time.”

Robert Rowland Smith

Robert Rowland Smith - “The psyche will do anything to...” 1

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