Sublime

All of these new credit arrangements were mediated not by interpersonal relations of trust but by profit-seeking corporations, and one of the earliest and greatest political victories of the U.S. credit-card industry was the elimination of all legal restrictions on what they could charge as interest.

In December 2010,

When people lose trust in other people or institutions, it is roughly at the same level and pace that trust was built. Where trust is lost quickly, it often wasn’t deep trust to begin with. And when we deeply trust people, we are slow and loath to give up on them.

A study done in one large Fortune 500 company asked employees to complete a survey about who they go to for help. Whether it was a computer question, a finance inquiry, or something about the history of the business, employees were asked to provide the names of their “go-to” people. Once the data points were collected, researchers mapped it out to

Bank profits derive mainly from credit expansion, so they will tend to inflate credit as much as they can until they are checked.