cover of episode Debt

Debt

2023/6/19
logo of podcast Question Culture

Question Culture

Frequently requested episodes will be transcribed first

Shownotes Transcript

We live in a system based around debt. Whether it be student loans, school lunch, credit card, mortgage, or medical debt, at some point most working class Americans will find themselves in debt. Many may even end up in prison because of unpaid debts. On this episode Brian & Lornett discuss the history of central banking in America, the creation of money, and how banks use things like high interest rates, overdraft fees, and credit scores to keep people in debt.