Oct 27, 2024
The US is addicted to "free" money, and the cost is starting to bite. Interest rates were too low for too long, meaning free money for business, and prices shot up. Medical care is insured, so prices are far higher than they would be if people had to pay out of pocket. Your car repair would have been cheaper if credit weren't available, or the repair shop would go under. All of that free money just makes everything more expensive, ironically.