Have you not seen the explosion of consumer debt over the past decades? Buying power is now tied to how much a bank is willing to lend you, not how much you hav

Have you not seen the explosion of consumer debt over the past decades? Buying power is now tied to how much a bank is willing to lend you, not how much you have in your savings accounts. Synchrony, who Amazon partners with to offer their store card, will give basically anybody with a pulse a $500 credit line and ramp them up to thousands fairly quickly as long as they don't default. I don't even want to get into the real debt traps targeted at the least fortunate among us like payday/title loans, buy-here-pay-here car dealerships, etc.