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by 2bitencryption
2756 days ago
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What scares me is how everything nowadays is available to purchase through financing. A toaster form BestBuy.com? Finance it for $4/month. New iPhone for $1000? How about monthly installments instead? It's not even the exception anymore, it's the norm. Even without exorbitant interest rates, the idea that there is supply or demand for financing all aspects of life does not bode well for people's long-term wealth... |
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