3 ms·
it is not really moral preaching, nor it is a statement on the buyers. I it is a condemnation of the system we have created (largely due to government regulati
by syshum 5y ago
it is not really moral preaching, nor it is a statement on the buyers. I it is a condemnation of the system we have created (largely due to government regulations)
I dont blame a seller for trying to sell at maximum price they can get, I am blaming the system we have created to puts monthly payments, and long term debt as the focus of purchase instead of the cost of the thing being sold.
Cars are the same way, we know how Pickup Trucks that cost $100,000 why because financing as allowed them to cost that because the banks will loan now almost 10 years to finance a new truck
College is the same way. Debt financing allows the prices to raise at rate far removed from inflation, with out that sellers would need to find way to cut costs and offer their goods are more affordable prices.
My Problem is with our current system of Life Long Debt.