Quote:
Originally Posted by potter
No... You're getting into the how/why the guy had that $1.50.
I'll say this again.
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He considered it of value because he earned it in some way.. He did something for you so he's asking for something in return.. You are taking a dollar from him that he might need so risk=reward.. Grant it the interest is worse than a loan shark.
I'll buy you cokes all day long at that rate.. Usury at it's finest. You aren't borrowing someone else's money from banks.. They aren;t risking anything nor is anyone else.. The banks are creating the money out of thin air not earning it nor is anyone else giving the money intrinsic value.. They are magically making the money appear and then charging you usury/interest. All free money... Making A LOT of something from nothing.. And then coming along and asking for more..