4min chapter

The Joe Walker Podcast cover image

The Roaring Twenties And The Birth Of Consumer Credit - Martha Olney

The Joe Walker Podcast

CHAPTER

The Cultural Shift in Attitudes Towards Credit

There was an enormous cultural shift in attitudes towards credit in the 1920s. The use of credit was something that you were ashamed about, he says. By the end of the 20s, thus the title of his book, by now pay later is why only a fool would wait. "You can go in and buy the car and drive it off a lot"

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