==makes everyone spend money they don't actually have.==
So much for all that personal responsibility we used to hear so much about. Far easier to blame the government for everything.
Companies use credit to buy back stock because we deregulated that activity. It used to be that the government didn’t allow it. This point is actually a counter-point to your theory.
So much for all that personal responsibility we used to hear so much about. Far easier to blame the government for everything.
Companies use credit to buy back stock because we deregulated that activity. It used to be that the government didn’t allow it. This point is actually a counter-point to your theory.