Originally Posted by chiefforlife
But that two hundred dollars will now go towards your car payment, credit cards and loans. I just dont see that it would make a real difference.
The business would also have to pay higher interest rates, therefor charging that same customer more.
Well, of course anyone with debt in this scenario pays back with cheaper dollars. However, in continues to encourage debt and where's that at? Besides, you're still getting poorer at the same time.