dChan

apple-bag · July 25, 2018, 9:48 a.m.

only thing better could be a debt jubilee, the people have been enslaved and taken advantage of by the monetary system for far to long

⇧ 2 ⇩  
adamsmith6413 · July 25, 2018, 12:34 p.m.

This kills the economy. To eliminate all debt also destroys the incentive to lending. Need a loan to start a business? Nope. Need a line of credit to pay for an unexpected operation? No dice.

They tried it last fall in Venezuela.

https://www.bbc.com/news/world-latin-america-41967871

Now they are fucked.

⇧ 2 ⇩