Bernie Sanders goes full anti-semite
(media.scored.co)
Interest should be banned. 0% rate cap.
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30 comments:
Doesn't work. Islamic countries do that but they find other ways to rob people through banking.
So get rid of muzzies?
The problem isn't specific to Muslims. Banking is vital to modern economies and it will exist no matter how hard you try. Best you can do is regulate it. 0% Max interest is not a useful regulation.
Well I trust God. And in the Bible charging any interest is a sin. So I am going to trust that God knows better than Man.
Such a retarded take.
If I loan you anything, anything, you have to pay me for it. That includes money - there's a risk I don't get it back.
If I loan you anything, anything, you have to pay me for it. That includes money - there's a risk I don't get it back.
Even the pre-Christian Greeks considered earning interest on money to be worthy of death.
If I lend something to you, there's a chance you damage it or never give it back. I'm going to charge a fee, require a deposit, something. You are arguing against a principle as basic as supply&demand
No, I'm not. You are talking about compensation for lost or damage goods. Interest is the earning of money without anything being produced. If you borrow $100 from me, and you pay it back in 1 year, if I charge you $110, this is interest. The $100 has not been "damaged". The interest earned is a completely different concept from money held as security against a borrowed item.
> You are talking about compensation for lost or damage goods
Paid with the loan, based on how much your borrowed and how much time you have my money. Call it an annual percentage rate.
> Interest is the earning of money without anything being produced.
You told me you were doing something with the money. If you borrow my hammer to build a shed, pay me. If you borrow 10k to build up a business, pay me.
Basic supply and demand. I have something you want. Pay me.
Anytime I lend anything out, I'm risking not getting it back, to only getting part of it back, to wear and tear. For money, I'm losing out on it being available to me. Pay me.
You economic policy goes against nature.
Paid with the loan, based on how much your borrowed and how much time you have my money. Call it an annual percentage rate.
> Interest is the earning of money without anything being produced.
You told me you were doing something with the money. If you borrow my hammer to build a shed, pay me. If you borrow 10k to build up a business, pay me.
Basic supply and demand. I have something you want. Pay me.
Anytime I lend anything out, I'm risking not getting it back, to only getting part of it back, to wear and tear. For money, I'm losing out on it being available to me. Pay me.
You economic policy goes against nature.
He only wants to get involved in the negotiations so he can advocate for lower interest rates for niggers at the expense of whites.
You mean 26% interest is too high? Wow, no way.
It's a short term emergency loan. You spent money you didn't have. If you don't want 26% there are other ways to get loans, but you have to fill out some paperwork and that'll take a day at least to get approved.
I just checked. My Amex is 29%, Amex personal loan rates are 5.91% to 17.97% based on your credit view score.
So it's an option, an option many consumers want to use, let them.
I just checked. My Amex is 29%, Amex personal loan rates are 5.91% to 17.97% based on your credit view score.
So it's an option, an option many consumers want to use, let them.
Toast message
They got power. All they had to do was not be Evil incarnate
since all their shit is performative, not actually based in logic or reality, they'll back down.