You’ve touched on a very interesting aspect of our society.
Poor people pay more for everything (bank fees, fines, interest rates, car payments, health care, education, etc…) They are strapped for cash, are ignorant, and can’t afford to shop for the best prices. As a society, we allow businesses to take advantage of them.
As you rightly put it, rather than educating vulnerable people and protecting them through regulation, we use morality to keep them down.[/quote]
It’s quite the moral pretzel with contradictory interests. They went from being sold a great investment and asset for a comfortable future to virtue in the form self-imposed indentured servitude. Quite the bait and switch in such a short time period.
