Viewing a response to: @ahmadmanga/re-chekohler-20191022t114640896z
Interest isn't by definition a bad thing if two people agree sure, but the banks became the only game in town to get money and hiked up prices far more than needed and lend to vulnerable people. it really is terrible but we as consumers have to start to learn to say no its the only way to make change
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| author | chekohler |
| permlink | re-ahmadmanga-pzrtcj |
| category | debt |
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Yeah, I know that it isn't inherently bad, it just that it easily leads to problems. It's sad how the rich take advantage of the less fortunate people.
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| author | ahmadmanga | ||||||
| permlink | re-chekohler-20191022t12240197z | ||||||
| category | debt | ||||||
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I feel we can't throw the baby out with the bathwater and the mechanism of lending capital to others for them to build wealth is tool we can't deny has helped the world improve. It has just been misused by greedy people who are trying to serve their own interests instead of trying to rise the tide for everyone. I've tried to tell people before If you don't like the way a business operates stop using them you have the power to put them out of business but the less fortunate also only think about themselves and what they can get and prop up these businesses. There is fault on both sides and for it to be corrected its the demand side that needs to change or the supply won't see the need to do anything
| post_id | 81,099,552 |
|---|---|
| author | chekohler |
| permlink | re-ahmadmanga-pzrv6x |
| category | debt |
| json_metadata | {"tags":["debt"],"app":"steempeak\/1.18.0"} |
| created | 2019-10-22 10:44:57 |
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