| You want to know what I really think would make a difference although it will never happen, other than homes which I can't forsee being affordable without loans, and people need homes, there is no reason that we need credit, credit card companies, or loans. We have uses for htem of course and when they are decent loans and people really do have the funds to pay for them their fine, but the simple truth is as a people we just don't have the funds, the loans are outrageous and we over use and abuse credit. Also it unfairly prohibits poorer people form getting jobs, getting bank accounts, or accessing homes, cars, and schooling. What people need to do is realize we can't have it all and what we want we should save for not constantly buy on money we know we don't have. Illegalization of credit would create a new world of responsibility and reduced uneeded luxury.
Saving the empovershed by empoverishing their counterparts will empoverish the whole. |