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May 23, 2024 | Debtasized: How Our Reliance on Credit Leads To Price Inflation

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Easy credit pushed up the price of existence for all by enabling unsustainable demand. Now we have the payback period. The video below from Doug Hoyes and Co is worth watching. I found playing it at 1.25x speed was more comfortable.

Debt Free in 30 takes viewers on a journey through credit history, price inflation, and how they have evolved through the eras, impacting prices and increasing our reliance on credit. You’ll easily become immersed in this eye-opening documentary with powerful interviews and featured archival footage intertwined throughout to tell the story of how we have become, “DEBTASIZED.” Here is a direct video link. Here is a direct video link.  

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May 23rd, 2024

Posted In: Juggling Dynamite

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