[b112]

This is the uncomfortable truth that not enough people understand and they are stuck in a loop chasing after things invented and created specifically to keep you there.

Hardly. Those 'invented things' are invented for one purpose, to make the inventor money. That's how capitalism works.

Fun fact, let's say that tomorrow, all new credit was outlawed. And by law, all existing credit would require payments that took 3 years to pay off. In this fantasy world where we ignore mortgages, my point is that salaries would diminish.

Right now, the cost of everything a person buys is factored into salary costs. Take away interest, and all those 30% interest credit card debts would eventually no longer be part of your salary. This process takes years of course, but no one would issue credit cards, if every person defaulted on them, yet if you look at where salaries really go? With a lot of people, 30%+ goes to just holding debt.