be me, non retard
always hear people complain about interest rates
"interest is stealing my money!"
"why do I have to pay more than what I borrowed?!"
be like, time to drop some knowledge bombs
start with car rental analogy
"You rent a car, you pay a fee, right?"
everyone nods
"So, you're paying for the time you have the car, right?"
more nodding
interest is like that, but for money
you borrow $1000, you pay interest to have the pleasure of using someone else's money
just like how you pay to use someone else's car
lightbulbs go off, people start to get it
go deeper
"money is a good like anything else"
you want bread, you pay for it
you want someone's time, you pay for it
you want money, you also pay for it
it's all the same economic principle
bring it home
if you borrow and pay back right away, you pay less interest
just like returning a rental car early
the longer you keep it, the more you pay
people start to understand
interest isn't evil
it's just the cost of using something that isn't yours
feelgoodman.jpg
maybe the world is a bit more economically literate now
one greentext at a time
end of story
micdrop.gif