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I don't think so. If people buy things only with money they actually have, prices will be forced to come down. Prices are high because the whole damn country h

by dheera 3y ago

I don't think so. If people buy things only with money they actually have, prices will be forced to come down. Prices are high because the whole damn country has a habit of buying things they can't afford. It's not actually normal to do that in a lot of the world.

JumpCrisscross 3y ago
> not actually normal to do that in a lot of the world. The U.S. is number 15 in the world by household debt to GDP [1]. The winners in your low household debt basket are Pakistan, Algeria, Ukraine, Tajikistan and Bangladesh. [1] https://en.wikipedia.org/wiki/List_of_countries_by_household_debt https://en.wikipedia.org/wiki/List_of_countries_by_household...