Comment by wahnfrieden
17 hours ago
Usury is so delicious to many that it’s unfathomable to consider any other incentive comparing to it
17 hours ago
Usury is so delicious to many that it’s unfathomable to consider any other incentive comparing to it
What is unfathomable is how you have a functioning economy without easy access to loans at reasonable interest rates.
Try reading Graeber/Wengrow
The same way Stock Market works. Really, Debt benefits a tiny fraction of people involved in the market.
Isn't it just the same thing? You loan the company money and in return they give you a note that says you get a portion of the company and dividends?
Different mechanics, but stripping everything away, roughly the same.