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> Why do we accept this? Because buying a new car/house/collegedegree with money you don’t have is easier than with money you do have. Hell, you’re on HN. Cha
by Swizec 9y ago
> Why do we accept this?
Because buying a new car/house/collegedegree with money you don’t have is easier than with money you do have.
Hell, you’re on HN. Chances are your salary comes from somebody convincing somebody that they should be given money because in just a few short years they’re gonna have like so much more money. I know mine does
- teekert 9y agoThese items are only so expensive that we have to get a loan because we can get a loan. And banks benefit from every loan, which is basically a claim on your future productivity. And I'm guessing your salary comes from a rich person, not from a bank that created the money as dept from thin air and now asks someone to pay them rent for said service.