WWTGBSVSWMTD

Post by Charlie: I got some more money from the cash machine today. When I went to Europe in 1969 I remember signing dozens of $10 traveler’s checks before going. Now you just get cash from the machine. We have a Capital One ATM card which does not have foreign transaction fees.

So I start the transaction and ask for 200 euro and then it tells me what that is in dollars and asks me if I want to do the transaction in euros or dollars. Hmm. Normally in situations like this I use the WWTGBSVSWMTD (what would the giant blood-sucking vampire squid want me to do) principle and just do the opposite. But the vampire squid is crafty, it doesn’t indicate which choice it wants me to make, equal screen space is given to both choices. I think the answer is in euros so the conversion is done back at Capital One instead of paying fees here but it is hard to tell for sure.

This is a new question this trip. I did a credit card transaction and they asked me the same question. A new method for the banks to squeeze more fees out of us no doubt. I guess I need to google this.

3 thoughts on “WWTGBSVSWMTD”

    1. I have to credit Rolling Stone’s Matt Taibbi for his description of Goldman Sachs as a giant, blood-sucking vampire squid.

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