Americans Have Broken Their Own Record: We Now Have Over A TRILLION Dollars In Credit Card Debt As A Country

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I put the "Things I Don't Understand" draft at the top because WSD drafted money. Money makes absolutely ZERO sense. It is, essentially, fake in my humble moronic opinion. If the government needs more they just print it. If they need to get elected the raise it from the banks. If the banks need it they just raise interest rates and charge fees and if that isn't enough because they act like fucking idiots then the government comes back in and bails them out like they did with TARP in 2008/09. 

I want to state this clearly...I also don't understand money. Like I said...it seems like a big racket to me. 

If we, the taxpayer, gave the banks like $700B back in 2008 when they destroyed the world economy...how about they waive a collective $700B now and we call it even? Well not even because 20% interest rates on credit cards is what the mafia calls "loan sharking" so we probably need a law limiting the upper end on interest rates and fees so people aren't indentured servants forever to the banks. That feels like a decent trade. 

I always say that I'd like to go back to 1998 with college football conferences, but I think the financial/economic year to go back to is probably like 1970. It's astounding how much cheaper everything was back then. Eddie and I did a whole podcast on why and what the fuck happened in 1971