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If you're willing to give me an interest-free loan then I will take it and invest it in an index. Generally speaking, discounted loans are only available from g
by unityByFreedom 5y ago
If you're willing to give me an interest-free loan then I will take it and invest it in an index. Generally speaking, discounted loans are only available from governments or friends for specific purposes like education or health when they want to invest in people. Even then you still have people taking advantage because money is fungible. It's hard to do this in a sustainable manner.
- gher-shyu3i 5y agoThe premise is that the economy must not be based on loans, it's not sustainable as we are seeing today (not to mention it's parasitic). Loans are given out for charity purposes. If you want to invest your money, there are many moral ways.