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> forget why there's so much interest on loans to pay in the first place Not only that, but we consistently manage to forget who that interest is being paid to
by rootusrootus 2y ago
> forget why there's so much interest on loans to pay in the first place
Not only that, but we consistently manage to forget who that interest is being paid to. The economy is complex, but we keep treating it like a larger version of a household budget.
- lenerdenator 2y agoPrimarily people who hold bonds for retirement, no? They're also the people racking up all of the debt.
- rootusrootus 2y agoPrimarily the US Government.