John Egelkrout
Apr 26, 2023

--

The privileged are the ones who would suffer the most if we all didn't borrow money. How much do banks make off our loans? How many rich people benefit when we use our credit cards to buy things? What would the real estate market look like if no one took out a mortgage? How many cars would be sold if we all decided to save up enough and pay cash?

--

--

John Egelkrout
John Egelkrout

Written by John Egelkrout

I am a sanity-curious former teacher who writes about politics, social issues, memoirs, and a variety of other topics. You can also follow me on Substack.

Responses (1)