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Demo_Chris

(6,234 posts)

3. Without interest there is no incentive to lend

Reply to rdubwiley (Original post)

Sat Jan 26, 2013, 08:06 PM

Jan 2013

The only reason I might allow you to use the money I own is if, in exchange for my risk, I might earn a bit of additional money. Otherwise there is nothing in it for me.

Without interest money stays in the hands of those who currently have it.

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3 replies

= new reply since forum marked as read

Highlight:

Money that Earns Money is Evil? [View all] rdubwiley Jan 2013 OP

Well, limpyhobbler Jan 2013 #1

Perhaps you can learn something from history. zeemike Jan 2013 #2

Without interest there is no incentive to lend Demo_Chris Jan 2013 #3