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Indeed. Basic rule of wealth, rich people collect interest, poor people pay it. This creates different actual worth on each dollar used. One who collects inter
by drawkbox 13y ago
Indeed. Basic rule of wealth, rich people collect interest, poor people pay it. This creates different actual worth on each dollar used.
One who collects interest, well their dollars are actually bigger, sometimes double that of the interest payers dollars due to that very interest. Companies are smart to do this if they can and so are richer individuals, it is banking but it also fuels economies allowing access to money.