"Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest."

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Insight & Reflection

The theme of money is universal, yet Barbara Ehrenreich manages to capture its essence in a uniquely profound way. Taking a moment to internalize this can shift our mindset, reminding us that our perspective on money often shapes our reality.

About Barbara Ehrenreich

Barbara Ehrenreich was an American author and political activist. During the 1980s and early 1990s, she was a prominent figure in the Democratic Socialists of America. She was a widely read and award-winning columnist and essayist and the author of 21 books.

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Editorial Note: This quote is curated and fact-checked by the Quotes Archive Editorial Team. Verified Literature Specialist.