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And interest is a huge driver of wealth inequality. A large majority of people pay more interest than they receive in their lives, that money ends up at the top
by Scarblac 10y ago
And interest is a huge driver of wealth inequality. A large majority of people pay more interest than they receive in their lives, that money ends up at the top.
We need more diverse currencies that are not the debt-based fiat money we have now.
- theandrewbailey 10y agoPersonal debt is not the same as using a debt-based fiat currency. They are completely different things.