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'Buy Now, Pay Later' is expanding fast, and that should worry everyone (techcrunch.com)

submitted 7 months ago by cm0002@libretechni.ca to c/usa@midwest.social

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[–] mindbleach@sh.itjust.works 1 points 7 months ago

Debt is destructive because it detaches prices from reality. It's how school, cars, houses, and medicine became comically unaffordable. If you can make up a number and demand people pay you forever then you don't need to engage in actual mundane capitalism.