this post was submitted on 11 Apr 2024
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No Stupid Questions

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[–] [email protected] 128 points 6 months ago (5 children)

They will give the poor credit, buy now pay later, till there is nothing left to squeeze out of them/us.

[–] [email protected] 64 points 6 months ago (2 children)

I think this is the answer. They also need to advertise correctly so people feel the need to finance a $70.000 truck instead of buying a small used car for $4.000. Of course with interest and their credit score people will end up paying like double the price anyways.

Another option is to offer crappy versions of the same thing that are more affordable but break earlier. That way you also pay more over the years.

[–] [email protected] 58 points 6 months ago (1 children)

Vimes' theory of boots!

The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. ... A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. ... But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while a poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet.

[–] [email protected] 10 points 6 months ago

Ah, thanks! I knew there was a name for it but couldn't remember.

[–] [email protected] 9 points 6 months ago

So many useless pavement pricess pickup trucks.

[–] [email protected] 27 points 6 months ago

That's what they've been doing already. It already caused the 2008 financial crash with mortgages. The answer then was to throw around QE money to corporations like a socialist dressed up as Santa Claus and reduce interest rate to 0%.

[–] [email protected] 12 points 6 months ago (1 children)

Apple devices led to Apple Pay, Apple Pay led to the Apple Card, the Apple Card led to Apple Pay Later (installments). Now there are rumors that Apple will offer loans to cardholders.

[–] [email protected] 1 points 6 months ago

Google pay now, when?

[–] [email protected] 11 points 6 months ago (2 children)

Yeah but what happens when there's nothing left though

[–] [email protected] 14 points 6 months ago

You'll owe your soul to the company store

[–] [email protected] 3 points 6 months ago (4 children)

If there are suddenly far fewer getting a paycheck there is still voting. I wonder what droves of the unemployed will vote for?

[–] [email protected] 4 points 6 months ago

It’s irrelevant when neither parties do anything meaningful for the working class.

[–] [email protected] 1 points 6 months ago

Same thing they vote for now - whichever candidate's lies sound better.

[–] [email protected] 1 points 6 months ago

Who do you vote for when you don't want any of them

[–] [email protected] 1 points 6 months ago

What if you artificially limited the options at the voting booth using a first past the post electoral system?

[–] [email protected] 7 points 6 months ago (1 children)

You can see this in Argentina. You can buy pretty much everything in installments. Trips, clothing, electronics, groceries - pay in 3, 6, 12 installments.

[–] [email protected] 6 points 6 months ago

Like I can with Klarna, Affirm, Zip, any number of credit cards, etc.