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@xxxxxxxxxxxx> wrote:
On Tue, 1 Nov 2016 14:54:52 +0100
Louigi Verona <louigi.verona@xxxxxxxxx> 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/
http://www.louigiverona.com/
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