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Re:Fed raises rates by another 75 bps to fight inflation by SketchySeaBeast on Wednesday September 21, 2022 @04:09PM (#32930839)
Unfortunately debt is a part of our society. How would any business that requires a large capital investment start if not for debt? Taking on smart debt and making money off it is a way to better one's own situation. Without the ability to take on debt our social classes would stratify into the haves and have nots even greater than it is today.

I don't like debt, and it has truly gotten crazy, but I don't know a way around debt.

Re:Fed raises rates by another 75 bps to fight inflation by bombcar on Wednesday September 21, 2022 @06:42PM (#32932546)
Debt isn’t the problem - it’s what happens when you can’t pay the debtor. Personal recourse debt is a scourge on the world, especially the poor.