The 3rd part of our miniseries on money itself during the 2nd Industrial Revolution in the US. Bill, Rachel, and Kelley look at the initial emergence of proto-consumer credit as well as sketchy and predatory small loans in industrial cities. Links and notes for Ep. 397 (PDF): http://arsenalfordemocracy.com/wp-content/uploads/2021/09/American-Money-Part-III_-Store-Credit-Installments-and-Shadow-Lending-Arsenal-For-Democracy-Ep-397.pdf Theme music … Read more


The post American Money, Part III: Store Credit, Installments, and Shadow Lending – Arsenal For Democracy Ep. 397 appeared first on Arsenal For Democracy.

The 3rd part of our miniseries on money itself during the 2nd Industrial Revolution in the US. Bill, Rachel, and Kelley look at the initial emergence of proto-consumer credit as well as sketchy and predatory small loans in industrial cities.

Links and notes for Ep. 397 (PDF): http://arsenalfordemocracy.com/wp-content/uploads/2021/09/American-Money-Part-III_-Store-Credit-Installments-and-Shadow-Lending-Arsenal-For-Democracy-Ep-397.pdf

Theme music by Stunt Bird.

The post American Money, Part III: Store Credit, Installments, and Shadow Lending – Arsenal For Democracy Ep. 397 appeared first on Arsenal For Democracy.