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Because nobody can force you, it's not slavery. It's a voluntary transaaction, a trade. A loan is a service like any other. That's why it has a price.
If you think hard money will kill the loan market, you're wrong.
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Because nobody can force you, it's not slavery. It's a voluntary transaaction, a trade. A loan is a service like any other. That's why it has a price.
If you think hard money will kill the loan market, you're wrong.
Can you force me to borrow from you?
Debt = slavery
Simple as that.
Don't consume more than you can produce.
Life is much simple than you think, with or without lending.