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2. Why is such a huge proportion of the financial industry profit-driven and reliant on interest rates for the purpose of creating yet more money? (credit to ColdFusion on YouTube for the second question) | 2. Why is such a huge proportion of the financial industry profit-driven and reliant on interest rates for the purpose of creating yet more money? (credit to ColdFusion on YouTube for the second question) | ||
Instead of charging interest, perhaps we need to shift our focus towards the general good for the public (i.e. stabilizing the economy) and endeavour upon this goal in a gradual yet decisive and responsible fashion. | Instead of charging interest, perhaps we need to shift our focus towards the general good for the public (i.e. stabilizing the economy) and endeavour upon this goal in a gradual yet decisive and responsible fashion (credit to Adv. A. Botha for the latter idea). |
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