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To: reaganaut1

All “credit” is evil. Credit assumes that the borrower and lender both can predict the future.


3 posted on 10/05/2008 6:02:51 PM PDT by LiberConservative ("Typical" white guy voting McCain/Palin)
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To: LiberConservative
All “credit” is evil. Credit assumes that the borrower and lender both can predict the future.

So should people not put money in banks? The only way banks can function is by using deposits to make loans. Without borrowers, banks would have to charge holding fees for money rather than paying interest.

4 posted on 10/05/2008 6:29:59 PM PDT by supercat
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