The American credit system is a powerful architecture of social stratification, deliberately designed to exclude and disadvantage certain groups. It has led to a dual credit market, perpetuated wealth gaps, and reinforced systemic inequality. The system accurately predicts the outcomes of systemic inequality, creating a calibration versus balance dilemma. True reform must target the fundamental wealth gaps that history created.

Takeaways

• Social stratification through the credit system
• The calibration versus balance dilemma