Be me, non retard

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

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Except the notion that "you pay interest to have the pleasure of using someone else's money" is rooted entirely in satisfying the greed of the lender. The lender doesn't need to get back more than they've given, they just feel entitled to that for having to wait for it.

TKD

Except the notion that "you pay money to have the pleasure of using someone else's property " is rooted entirely in satisfying the greed of the seller.

That's how stupid you sound

Now explain how a bank can charge interest on money that didn't exist until I borrowed it

Banks r gay

Yes

The difference there is a property is sold for a set amount so your comparison is retarded.

usury is wrong because you effectively steal from people who never borrowed you dumb kike since debt became effectively same as printing money and no one can stop it
not to mention how many wars and terrorism you fund with this money jew
all of this leads us to obvious conclusion that whole your jewish criminal group should be exterminated for wellbeing of humanity

property is sold for a set amount

And the interest is set up front.

What a well-thought-out post
From dropping knowledge bombs to going deeper and then bringing it home.
And hey, that qt pie certainly won't be chasing any of the boys away, am I right?

Right?

That's a jew issue

this sort of material analysis goes out the window when the bank operates at 0 reserves and that "borrowed money" is just a number in a ledger

bait thread

be OP

simp for jews and everything jewish

No one is gonna fight for globohomo jews nigger

more money in the pool but nothing of value was produced

interest is cancer

Point to where the op says "bank"

when you're midwit

basic economics is jewish

Lol lmao

But why does it go up while borrowed, that would be money on time. I see you missed my point like a seething retard. If I buy bread do I give back the bread when I’m done with it? No because I bought it. $1=$1 if I am paying to use your money then why am I having an increased amount when your metaphor doesn’t do the same?? You are too stupid to understand your own metaphor and applying it to different scenarios. Here is a tip, I’m going to just not pay it back, probably shouldn’t loan out money if you don’t trust the person

I buy bread do I give back the bread when I’m done with it? No because I bought it.

Right. You bought bread. Interest buys you a loan. A loan is the temporary access to money.

A bank uses interest, therefore it is implied. You’re honestly just a disingenuous faggot

bank uses interest,

Yes

therefore it is implied.

No

But I had the money why did I buy something I don’t need?

why did I buy something I don’t need?

Who tf knows? "Why" doesn't matter

Although sometimes it's just the smart financial move

Okey but why does the interest have to compound? Take a 100k loan. Pay 30k deposit. Loan for 30 years. 5% interest. If you're a retard, you't think pfft, paying back 105k is nothing. The real price is 190k plus. 90k EXTRA cleverly teehee haha'd behind le tiny 5%. Compounding should be illegal. Loans should be with fixed real values, not compounding ratios. Holy fuck you're cringe.

Why is exactly why we put things in place you absolute midwit. I would rather converse with retards than insufferable midwits

be me, smug self-important kike

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 show these goyim who their masters are

start with car rental analogy

"You rent a car, you pay a fee, right?"

everyone stares at my shekel-huffing nose with contempt

"So, you're paying for the time you have the car, right?"

more contempt

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, someone in the crowd says "did this nigger really just try to equate monopoly money to an tangible good or service?"

can't read the room, keep going anyway

"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, becoming my debt slave forever you filthy little goyim

it's all the same economic principle, see, that means you have to stay poor forever while I eat like an effendi

the crowd is incensed now, they realize I want their shekels. hail mary time

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

jews have been using their debt-based economy bullshit to control nations since the dawn of human history

they are a parasite race

this is why they've been kicked out of hundreds of countries

these specious arguments are the only thing they are good at producing

thegoyimknow.jpg

I run away from the crowd, my yarmulke falling off my balding head as I scream "SHUT IT DOWN"

shekels spill out of my fallen hat

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Since interest rates never caught up with inflation, you are being paid to use their money.

Yep exactly, the midwit faggot in this thread won’t answer this question. Compound is predatory, therefore interest is gay like OP

Why is exactly why we put things in place you absolute midwit.

It is a shame policy is run by emotional retards

predatory

Emotional Buzzword for emotional manchildren

Okey but why does the interest have to compound?

Why not