Focusing in on the idea to launch 50-year mortgages and 15-year car loans; this is the exact opposite direction one would be moving in if the core of the economic issues that plague young Americans today were actually being taken care of.
Discussion
The more fundamental question is, why are houses and cars so expensive that you can only pay them off with a long-term loan? If the economy was really thriving, would a lot of these loan products be necessary in the first place? Well you know the answer to that, fiat is designed to make you a renter for life not an owner. As long as you're making payments on it, you don't own it. A rule that is anathema in our debt driven world. This is why we #Bitcoin
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