I have one last question. You all compare the systems, but none of you provided an analysis of what would happen if nothing were to be done. I think that both issuers and acquirers make a lot of money. Merchants are the ones who are complaining that profits are falling and that increases are causing difficulties.
The credit card system is like the goose that lays golden eggs. You said so yourselves. Sales increase, everyone seems to be a winner, but has anyone thought about what would happen if there were no regulation? What would happen if there were a total hands-off approach? Has anyone carried out an interesting study, or forecast that we could obtain? When the goose that lays the golden eggs is over-exploited, it will die.