[LAU] Look ma, I'm in the paper :)

[Louigi Verona]

What's wrong with interest applied? I understand that many people believe
interest to be "unfair", but usually it is because people don't understand
the economics of it. Interest is a tool, just like a price. It is a price
for future money. Price can be unfair sometimes, but price as a concept is
not. Interest in itself is also not unfair.

This interest doesn't always happen, actually. No interest with debit
cards, no interest on credit cards if you return money quickly.






On Tue, Nov 1, 2016 at 3:17 PM, jonetsu <jonetsu at teksavvy.com> wrote:

> On Tue, 1 Nov 2016 14:54:52 +0100
> Louigi Verona <louigi.verona at gmail.com> wrote:
>
> > I don't know who are "people who think like that", but Mr. Stallman
> > will definitely not agree with you. He refuses to use credit cards
> > and writes propagandistic articles about how others should not
> > use them too.
> >
> > Who advertises things to you through credit cards?!
>
> There are multiple other reasons not to use credit cards the first one
> is that lending money should be done without any interest applied.  I
> am not sure of Stallman addresses the right issues if they are limited
> to the data being exchanged.
>
> --
> NP: "Devoto" - Deus ex Machina - live, October 2016
>      https://www.youtube.com/watch?v=z6XpvTWL62s
>



-- 
Louigi Verona
http://www.louigiverona.com/
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