View from the Mount

View from the Mount
Sober Thought Provoking Archive Essays by SARTRE from BREAKING ALL THE RULES

Thursday, March 27, 2014

Interest Rates, Risk and Rulers

Most people are comfortable with the concept of earning interest on capital. They conclude that it is natural for money to be invested in financial instruments that will generate a return. Throughout history the idea that banking is based upon a justifiable relationship that money deserves to accrue that magical reward, called interest - has driven the behavior of societies and the fate of nations. Is there anyone who is immune to the effects of usury? Obviously not. Individuals know all too well the reality that your money is not really yours. 

Read the entire article

No comments:

Post a Comment