The Cost of Using Your Credit Card

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Every time that I use my credit card, I receive a financial benefit. The lower you get on the totem pole, the more you get soaked by the system. America feels like it's working great because for them, it's working fine. And so that's kind of why a lot of Americans don't really understand life below the poverty line.

The United States is one of the wealthiest nations on the planet, so why is it that our poverty rates surpass those of so many other countries? In this episode, sociologist Matthew Desmond shares a hard truth with Adam: we are constantly reinforcing wealth inequality in invisible ways. The good news is that we're capable of divesting from the ways we may inadvertently contribute to the system. Pick up Matthew's book at factuallypod.com/books

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