Topic: Disposable Income

1 chapters across the catalog

A recent GDP report indicates the second-worst drop in real disposable income since 1932, making homeownership unattainable for many Americans. Dave Krieger explains that while housing prices may drop, rising interest rates ensure that banks continue to extract maximum profit. The ultimate goal of the "banking cartel" is described as turning the United States into a "nation of renters" by pricing individuals out of the market and seizing equity through predatory servicing.