this post was submitted on 07 Jun 2024
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putting people in debt is how people with already too much money make even more money from people who never had enough
Credit scores require you to get some kind of debt. This is because it's not a score of your financial health. It's a score of how reliably you repay your debt.
Terry Pratchett's "Making Money" taught me enough economics to know that individual debt and national debt are two different things.
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