Tag Archives: student loans

The Three Headed Debt Monster That’s Going to Rampage the Economy

“The bank is something more than men, I tell you.  It’s the monster.  Men made it, but they can’t control it.” – John Steinbeck, The Grapes of Wrath Mass Infusions of New Credit Something strange and somewhat senseless happened this … Continue reading

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Peddling Loans and Lies to Kids

There’s nothing like an abundant flow of money and credit to push prices out of whack.  Borrowing from tomorrow to buy today has the effect of boosting demand.  Prices must rise to equilibrate the boost in demand. But prices can … Continue reading

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