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| During the 1980's interest rates were at record highs, credit was a lot harder to obtain. Items, such as goods and services, were less expensive. Then the credit cards were introduced to inflate the system with debt for money that was digital. Now we are borrowing cash to pay for this digital debt, which drives the value of dollar down. Now the prime rate is at it's lowest point in 54 years. So now we have lost our spending power because of inflation of federal reserve notes that are debt. US Debt Clock | |
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