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This would be a limit on borrowing money for EVERYONE, regardless of their ability to pay it back. Lots of people overeat, so I guess we should jack up the pri
by JPKab 14y ago
This would be a limit on borrowing money for EVERYONE, regardless of their ability to pay it back. Lots of people overeat, so I guess we should jack up the price of food.
What you have just proposed is an increase in the cost of starting a new business, no matter how good an idea is. Just because the banks are bad at determining who can and can't pay back a loan doesn' mean those who CAN should pay a tax.
- bsbechtel 14y agoSo inflation isn't a tax on people who save their money? Or, by artificially preventing deflation through a central bank we aren't subsidizing the cost of borrowing through this tax?