Credit cards are great if you know how to use them. You should always use them then pay them off. You get better protection and perks like cash back over using a debit card or cash.
Yes, but 99% of people cannot use them properly and will end up in a way worse off situation than if they had never touched them to begin with.
I agree there are people who get into trouble with credit cards, but 99% sounds like a made-up number.
Yeah, it is a made-up number, but it was to illustrate that tons of people do get into trouble with them, and very few do not.
Easy money is slavery.
The existence of FIAT money (that is, the state monopoly of the money supply) is the mere source of the business cycle and the discoordination emerged in the economy.
Something I wish I understood a lot sooner in life.
