EvolLove on Nostr: The solution to interest free loans. It is simple and was always there. Why do we ...
The solution to interest free loans.
It is simple and was always there.
Why do we "need" interest? Protection against inflation? Profit?
Inflation is created by the interest, make interest illegal and inflation and that is no longer an issue.
Profit because no one want's to give handouts for free? Well then it isn't a loan is it? It is not a right or mandatory. But U could become part owner, get a piece of the action so to say to solve that.
It is simple and was always there.
Why do we "need" interest? Protection against inflation? Profit?
Inflation is created by the interest, make interest illegal and inflation and that is no longer an issue.
Profit because no one want's to give handouts for free? Well then it isn't a loan is it? It is not a right or mandatory. But U could become part owner, get a piece of the action so to say to solve that.