3 ms·
Where does the interest go
by wezdog1 2y ago
Where does the interest go
- thrance 2y agoTo the person that made the loan, to compensate them for the risk they took. No need for anyone to profit from the work of another forever.
- sokoloff 2y agoThat's the decision to be made by the farmer either selling equity or taking a loan. From the perspective of the banker/lender, they're still living off someone else's labor (which is fine for me since it's the result of a voluntary exchange for something else of value, but it seems like it's not for some upthread posters).
- loco5niner 2y agoSo it's ok to rent out money but not rent out tractors?