Lending Perspectives: A Christmas wish list

Here’s what a longtime lender is asking Santa for this year.

My closest friends and employees know a few things about my love of Christmas, one of them being that my wife and I open a storage bin of Christmas DVDs on Nov. 1 and don’t stop watching movies (along with those guilty pleasures, the Hallmark ones) until after New Year’s Day.

I also like to believe that there really is a Santa Claus. At the very least, I think he exists in our hearts because Christmas brings out the best in so many people. I also like thinking about a more modern image of Santa. For example, Kurt Russell’s portrayal in The Christmas Chronicles on Netflix (another source of movies for the Vogeney household) is a fun picture of what Santa might be like in 2022.

So clearly, I love Christmas! Here’s my letter to Santa for 2022. A lot of my wishes are related, so Santa, I pretty much need everything!

Please Help the Federal Reserve Navigate Us Through These Inflationary Times

Nothing on my wish list is for me personally. As a lender, I’m all too aware of how inflation is impacting the members of our credit union. It’s an interesting time for our economy, and it sure seems like the division between “the haves” and the “have-nots” is wider than ever. People with money are spending it like mad, buying cars, luxury goods and trips. Those that don’t have it are borrowing at a record pace just to keep up with the cost of living.

 

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