Until 35 years ago, credit was something most people had to jump through hoops to obtain--and went to great lengths to avoid. Savings went into the bank; investing was for the rich. Then, the invention of the credit card and the rise of the mutual fund stood the financial world on its head. Now an acclaimed business journalist tells how it all happened.
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Until 35 years ago, credit was something most people had to jump through hoops to obtain--and went to great lengths to avoid. Savings went into the bank; investing was for the rich. Then, the invention of the credit card and the rise of the mutual fund stood the financial world on its head. Now an acclaimed business journalist tells how it all happened.
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