AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
The Roaring Twenties And The Birth Of Consumer Credit - Martha Olney
The Joe Walker Podcast
The Importance of Sales Finance in the Great Depression
During the Great Depression, default rates on auto loans were much lower than you would have predicted. This experience convinced people that consumer credit was a good financial investment. The increase in demand for durables was a result of the consumer credit and the advertising,. But then what happens in the 1930s is that we see a drop in consumer spending.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode