Does the availability of credit & loans drive up the costs for everything since everyone can “afford” to pay?
Filed in Credit on Oct.26, 2009
web_trace asked: If the market is saturated with bankers willing to finance just about anyone, doesn’t that create more demand than supply and hence drive up the prices on nearly everything? If supply is more than demand, the opposite effect should apply as well. Would people be able to actually afford more if they weren’t [...]
