Mark Moss

He was able to help a country out, a country that needs the help, benefit the United States taxpayer, the United States citizen.

And so, you know, all in all, I think it's a really good deal.

Well, a couple of things.

So first of all, when we look at the credit card debt going up, we have to take into account consideration of the inflation and not just the CPI inflation, but the increase in the money supply.

So I see here it's gone up by 9.87 or 9.8 percent since 2024 BNPL use.

So 9.8 since 2024.

But the money supply has increased faster than that.

So when we look at sheer numbers, we have to take that into consideration, first of all.

But what I would say to this is it sort of kind of goes back to two things.

Number one, you referenced some of the news we're going to talk about.

One, Trump capping rates.

And so when lending restrictions get tightened, people will turn to options like this.

So you cut rates at 10% on credit cards, people are going to go to loan sharks.

Number one.

Number two, the way I think about it is you also mentioned... Or they run out of credit balance.

But the other thing I would go back to, as you referenced earlier, a news story to get to later, is the education system and capitalism.

And if people were taught how to use debt...

in a good way.

You mentioned good debt versus bad debt.

And so we are in a debt-based system.