|
SW Iowa | "When there are ZERO % loans today WITHOUT INTEREST..YOUR money is worthless- "
Don't understand that. Try buying a farm, combine, or house without using money. What this means is the cost of using someone else's money to purchase what you want is 0%, and I might add that is what the big banks pay, not us individuals. We have to pay the spread when we borrow.
It would seem deflationary, but, consumable things I buy have gone up-- seeming inflationary. It is almost as if there is another economy we live and work and spend in within the large umbrella economy the big banks and money people play in. The two don't connect, and yet one cannot live without the other.
Edited by Itchy 1/28/2014 15:57
| |
|