Description

Join us as we take a look at credit: its history, why we are so invested in it, how it fits into the economy at large, and how to best make use of it.

Mentioned on the show:

• A history of credit from Ancient Sumer to the present
• An outline of how consumer credit works
• A lot of how we think about credit is embedded in the origin of the word, which implies a relationship of trust or belief.
• The relationship between credit, inflation, and wages
• Why debt isn't necessarily the enemy
• Why we should change our thinking about the role of credit in our lives.
• Is bail the new debtors prison?
• Inequalities in access to credit, as exhibited by things like differences in mortgages

If you've missed an episode, you can find them on our website,  via Apple Podcasts , or Google Play.

Bonus: A 2009 study examined how things like appearance affect perceptions of creditworthiness