Subject: Re: Increased Screwing of Working Class by Banks
For the vast majority of Americans living paycheck to paycheck, rising prices and reductions in hours get reflected in missed payments and bounced checks.
And I used to be one of those people, getting thrown into adulting at 19 during stagflation, working 3 part time jobs in a crazy high cost of living area. Food, basic shelter, transportation. Had a budget for 2 of the 3. My understanding of economics was learned the hard way. Wasn't pleasant, but one has to pay for their education somehow, and I credit that school of hard knocks with getting me to where I am now.
IP