Episode 118: Household Debt: The Good, the Bad, and the Politicized
Words & Numbers
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Why Do You Hate the Poor?
When you look around and you see credit cards floating around out there at 19 or 22% whatever they are. Well there's a reason for that. That reason isn't greedy bankers. The competition forces them to play off against each other. And if you are betrarily through the force of politics come in and limit that there will be a ripple effect through this market. So I think we can probably ask Bernie Sanders and Alexandria Ocasio-Cortez why do you hate the poor? Because that's the question they're always asking everybody else.
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