UNR Students for Liberty » Credit http://unrforliberty.com Sun, 26 Jun 2011 07:32:28 +0000 en hourly 1 http://wordpress.org/?v=3.1.1 Maybe This’ll Help You Understand Credit Schemes. http://unrforliberty.com/2010/02/maybe-thisll-help-you-understand-credit-schemes.html http://unrforliberty.com/2010/02/maybe-thisll-help-you-understand-credit-schemes.html#comments Tue, 23 Feb 2010 02:22:34 +0000 Barry Belmont http://unrforliberty.com/?p=1315 Most fiscally responsible people know that relying on “credit” is a dubious sort of thing to do. It leads to overspending, underutilizing, and it tends to promote living beyond one’s means. To summarize the financial crisis in a word: Credit. People borrowed on credit, loaned on credit, lived on credit. Maybe this’ll help you understand how bad credit schemes are.

© Barry Belmont for UNR Students for Liberty, 2010.
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