this should be the standard by which "the economy" is measured.
right now all we measure is the rich getting richer, and whether we should bail out the rich when their gambling habit gets us all in big trouble.
The number of Americans using buy now, pay later loans for necessities like groceries and rent is on the rise.
What does this say about the health of our economy?
Should we be worried?
Here's what you should know.
youtube.com
The Hidden Cost of Buy Now, Pay Later
Is "Buy Now, Pay Later" too good to be true?Former CFPB Director Rohit Chopra shines a light on its hidden costs for bor