myrmepropagandist on Nostr: As soon as the ability to borrow and lend money is introduced into a market several ...

As soon as the ability to borrow and lend money is introduced into a market several curious features develop:

first, the value and power of very large sums of money is magnified. No longer is a fortune just a large quantity of goods and labor-- it's also a means of increasing wealth.

second, since interest rates will be inconsistent it is possible to make money quickly through complementary loans and lending.

This second feature is almost always regulated right away as it causes chaos. 2/