People who need higher-priced loans—those with the lowest incomes—will be the ones denied access to the credit market by any government-mandated cap.
If small businesses really are struggling to get credit, fewer banking options likely makes that struggle more intense. The Consumer Financial Protection Bureau is counterproductive.
I have enjoyed ‘Last Week Tonight’ in the past, but now that I see just how twisted the facts get in his segments, I wonder if I can trust them to provide anything but excellent analogies.
What if we all grew crops and traded with each other? And what if we discovered the science of economics?
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