The Hidden Cost of Convenience: How Loans and Mandated Insurance Fuel Inflation
In today’s economy, convenience has become king. Whether it's a new car, a house, or even a smartphone, the pitch is the same: buy now, pay later. Add in a layer of insurance “for your protection,” and the entire system seems designed to make life easier. But underneath this surface-level comfort lies a troubling truth — one that is fueling inflation, distorting markets, and quietly punishing those who try to live within their means. Let’s start with the basics. When something can be financed, the perceived price becomes irrelevant. The focus shifts from "How much does this cost?" to "Can I afford the monthly payment?" This subtle shift changes everything. Take cars, for example. In a cash-only world, a $1,000 car would only be accessible to someone who has $1,000. That keeps prices in check. But when loans are available, that same car can now be bought for $50 a month over two years. Suddenly, demand skyrockets. Manufacturers see this and raise prices — maybe...