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Dramatic Rise In "buy Now Pay Later"

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24% increase in buying on the "never never" not just up from the pessimistic days of 2 months ago but 24% up from the still insanely optimistic April 2008. What is wrong with people! And no doubt our glorious leaders are cheering this news on! :angry:

http://news.bbc.co.uk/1/hi/business/8068271.stm

Are they all imagining a future mass debt amnesty or something?

Edited by athom

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24% increase in buying on the "never never" not just up from the pessimistic days of 2 months ago but 24% up from the still insanely optimistic April 2008. What is wrong with people! And no doubt our glorious leaders are cheering this news on! :angry:

http://news.bbc.co.uk/1/hi/business/8068271.stm

Are they all imagining a future mass debt amnesty or something?

Debt doesn't cause inflation unless there is no expectation that it will be paid back.

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