The answer is not more credit, the answer is less credit. A society with more debt is a more authoritarian society. It takes enforcement to collect debt. Debt should be minimized.
The answer is not more credit, the answer is less credit. A society with more debt is a more authoritarian society. It takes enforcement to collect debt. Debt should be minimized.
RE: We Are In A Giant Ponzi Scheme, The Physical Economy Is Not Growing:Harley Schlanger