It's not just an American thing. Islam, Judaism, and Christianity prohibit lending money with interest for a reason. Otherwise, you'll end up with a society bui

It's not just an American thing. Islam, Judaism, and Christianity prohibit lending money with interest for a reason. Otherwise, you'll end up with a society built on debt with severe consequences. This is why you see the pendulum swing the complete opposite direction into dangerous territory (socialism, Marxism, etc.) in a deluded attempt to mend things (it won't). The real solution is to cut the issue at the root: ban lending money with interest, and things will naturally follow.