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A comment on 10 years of whatever this has been. Parent comment

Re:10 years of whatever this has been by dclowd9901 on Thursday November 18, 2021 @02:19AM (#29262925)
It actually reminds me a bit of consumer credit. It’s bad in every conceivable way for society, but good luck explaining that to people who can now buy things they can’t afford because of it.

You can’t fight a hurricane, so I have a card I use for travel points. When in Rome, or this trash fire world we live in…

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Re:10 years of whatever this has been by sokoloff on Thursday November 18, 2021 @03:46AM (#29263443)
Consumer credit is good for society in some areas. Used properly, it allows someone to smooth their lifetime consumption and production.

When you’re first starting out, you have a vast well of future production capacity but also vast current, unmet needs.

Expecting people to “just save up” for things that they need is not optimal, especially if that thing they need to save up for is part of what they need to get/keep their first job.

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Re:10 years of whatever this has been by vaylian on Thursday November 18, 2021 @05:25AM (#29263969)
> but also vast current, unmet needs.

Citation needed. Yes, people have needs. But vast unmet needs?

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Re:10 years of whatever this has been by oblio on Thursday November 18, 2021 @06:04AM (#29264148)
When the average person is starting out, unless their parents are rich and help them, they start from scratch from a material point of view.

That sounds like they're missing a lot :-)

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Re:10 years of whatever this has been by vaylian on Thursday November 18, 2021 @06:16AM (#29264221)
If you think I am missing a lot, why am I happy?
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Re:10 years of whatever this has been by oblio on Thursday November 18, 2021 @06:31AM (#29264316)
Replace "you" in my previous comment with "the average person ".

Edited the comment for clarity.

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