Follow

Paying for money (loans) over and over doesn't make sense... Working to pay for everything as rent increases is bad... 

You have to pay money or interest to get a loan and then you trade your time working for someone else's company to pay the loan off to the bank.. how many people are we working for here as things just get more expensive ? !

(Above might be a narrow view but the majority of loan transactions seem to be mostly this)

And the banks meanwhile seem to have a business using everyone else's hard-earned money by keeping it and re-loan it again to others more than they actually have.

And they get paid for that as a service, to themselves? !

is bad
gives us debt
is increased in total
keep pushing rent / house prices up
allow banks to sell us debt
( 🔁 repeat negative loops? 🔁 )

What ...

Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.