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kalerg_plan on scored.co
1 year ago1 point(+0/-0/+1Score on mirror)1 child
Replacing interest with recurring fees follows the letter of the law which is how banking works in Islamic countries. Banning interest is too simple and it will be worked around by people more clever than you.
“Not giving your money to one giant pool where the randomly found head of it can muscle that money around for specific loans that raise the cost of everything for you”
Yea I am fine with not charging interest. Means loans wont be given out and people cant but things they cant afford and thus raise the cost for everyone else and make bankers rich.
Yea I am fine with not charging interest. Means loans wont be given out and people cant but things they cant afford and thus raise the cost for everyone else and make bankers rich.