
Is Credit to Blame for Our Financial Complacency?
The Money with Katie Show
00:00
Impact of Easy Access to Credit on Americans' Perception of Wealth Inequality
This chapter delves into how increased access to credit has influenced Americans' views on wealth inequality and financial responsibility, highlighting the risk of complacency and the cycle of symptomatic treatment that credit can create. It discusses systemic issues contributing to high credit card debt, the pressure to build credit, and the interconnected nature of individual decisions and societal systems in shaping financial behaviors.
Transcript
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