>you borrow 10 dollars
>you have to pay 10 dollars and 50 cents back
>WHY?
This is the basis of banking: charging interest rates. I was thinking about how I could explain the best why the kikes and shills love banking. I came up with the added table.
The table is concrete, objective, factual information.
>This is the basis of banking: charging interest rates
No, it isn't. The basis of banking is lending out non-existent money and charging interest on that. See also: fractional reserve banking
m.youtube.com
The real redpill is that the central banks HATE high interest rates. People default on loans all the time. Interest is necessary to hedge against this, and you're an idiot if you can't see this. Our interest rates are far too low to hedge adequately.
Thanks to the central bankers, the person who takes the loss on a defaulted loan is you.
Interest rates are a natural and necessary means of moderating consumption. The real theft comes from central banking. Abolishing interest only seems rational to commies.
Protip: Do not borrow the 10 dollars.
It's your fault if you get kiked. Stop taking their bait.
>Loaning Fiat currency
>can lose
How does one lose, when loaning fiat currency, at interest, faggot?
the government bails them out anyway, and its not even high interest rate. 100k loan paid over 20 years with a 1.25% ir is a lot of extra money
Interest on loans exists because someone could have made money with that $10 in the time it took you to pay it back. Furthermore, because of deflation, that $10 is worth less at the future date when it is paid back.
Interest makes sense. Lending at no interest is shooting yourself in the foot.
hey faggot, maybe you shouldn't be grabbing for other people's money in the first place. Don't bitch when it costs you something.
Serious question: why would anyone loan money to anyone if they didn't get back more than they loaned? >10% interest rate is reasonable and not usurious.
The problem is the interest on currency at its creation. Since there is only one central banks creating the currency, they own everything and anyone who uses the currency
Watch Eustace Mullins, he explains how bankers run the world.
wow you mean it costs something to burrow capital??? like some sort of percentage of the total you burrow? REFORM ALL FINANCE
teach people the Adam and Eve story, as it was originally intended to be taught:
archive.is
sites.google.com
>bank loans $200k to build home
>All profits put back in bank
>Bank loans $180k to build home
>All profits put back in bank
>Bank loans $162k to build home
>All profits put in bank
Bank collects interest from $542k in loans while only actually loaning out $200k of its own money. 10% reserve banking, fucking Jews.
Or show these infografix
see:
1 post by this ID, slide thread
tldr
Coins and notes are both money. Just because coins have a trace of intrinsic value, doesn't make their currency value less bloated.
>>you borrow 10 dollars
>>you have to pay 10 dollars and 50 cents back
>>WHY?
Why would I lend you money if there was nothing in it for me?
Here's how it actually works:
>Hey citizen, pay those taxes, that'll be $100
>Federal Reserve takes your $100 and loans it out to other banks
>those banks turn around and buy shares for companies who make money off of your labor
>those banks then turn around and give you loans from your tax dollars for school, cars, and homes
>they loan you your money back to you and make the profit for themselves
usury
the point is 100% value backed vs fiat
>picthwerz r haawd to weeed
did i capture the essence of your retardation accurately?
see:
If you want to get the best out of visiting this board, learn to take your time to read for yourself. For spoonfed info, visit bbc.
its too incoherent
>assuming banks don't have operating costs or that it would be a prudent business move to NOT try and earn more money with your assets
Fuck off leftie shill
it is too easy to comprehend.
your meme is shit, and you're shilling it too hard.
die yid
>Abolishing interest only seems rational to commies.
Behold: the modern American. So detached from his roots that he adopts a truly Jewish worldview. This is the reason no truly right wing movement will ever work in America. American “conservatives” think that financial know-how is somehow a conservative belief.
>Who has the money the loan taker needs?
(((lender)))
I don't see how that relates to usury. Even things like P2P lending charge interest.
Just state your opinion like an adult instead of posting some cryptic image I have to decipher.
I know the Rothschilds are behind international banking. this is not news to me
true, this is it anyway
>>you borrow 10 dollars
>>you have to pay the low interest of 0.00002% (((per nanosecond = 20 dollars))) back
>>WHY?
usury is interest.
come on you didn't realize?
no - its some overly try-hard lefty bullshit tier "meme"
the infographic isn't for an ashkenazi khazar like you, it's in opposition of your kind and meant for the people you call "animals"
Interest rates are fucking cancer. The commodification of currency DEVALUES currency.
They are loaning YOUR tax dollars back to you at interest
everything said by you: discarded
keep going if you want to but you're worthless to me
dubtrip of truth
If I borrow money at interest, thats fine if I agree to the terms, but the problem is ALL currency i created at interest, so the borrower has to go back to the source to borrow more to cover the interest, and that "more" has interest attached to it.
So its a never ending cycle.
Economic collapse is a mathematical certainty
According to the idiots ITT it seems to be.
This.
It's not just about covering operating costs of banks, it's about risk. Lending someone money is a risk. There's always a chance that you'll lose your money if they can't pay you back. So why would anyone lend anyone money without any kind of incentive (i.e. interest)?
I you were my friend i would borrow you money becouse i like you. You aren't. Why the fuck would i borrow money to some random retard without anything for me? I don't even know if you will give it back.
Interest is slavery.
Take risk and give me money for free
The point of the image was not about Rothschildt activity, but about their absence from billionaire rankings to obscure their importance from normies attention. Pretty simple, would've taken an adult 2 minutes to read.
Loaning 'money' printed from nothing, has a cost
Why do you think Im the jew? Im opposed to central banking and usury.
I think you misunderstood > and posted some triggered reactionary meme. The post literally advocates 100% backed currency you fucking idiot
m'kay - so whats that got to do with > > ?
You're not wrong but unless you have a realistic alternative to the current system I don't see it changing in the near future.
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READ THIS you dumbass niggers
Self-defeating concept. If the money cannot be paid back pre-Interest what logic is there in saying it will be paid back WITH interest. If anything you simply compound the risk of your initial investment more...
>>you borrow 10 dollars
>>you have to pay 10 dollars and 50 cents back
>>WHY?
LOL I'm taking "SHIT THAT NEVER HAPPENED FOR $500"
i love to watch the greedy, idiotic, colluding, short-sighted scum act as if they lent $10, they would only want $10.50 back.
Maybe.
It's only a risk if you can lose. Bail outs remove risk. Had the big bankers been forced to suffer the consequences of their actions back in 2008, other bankers that were more responsible and less parasitic would have been the only ones to survive and the entire world would be better off now. But that's not what happened. Big banks got bailed out while the common man was still on the hook to those banks, effectively allowing the banks to double dip on the debt of the people. Both the people and the banks should have either been bailed out or both allowed to die.
Not when you borrow money to multiple people. That way if one of them doesn't pay back you are still not losing money.
>If the money cannot be paid back pre-Interest
Who says it can't? Banks won't lend you money unless they're fairly certain you can pay them back. What do you think credit scores denote?
Commercial banks don't print money.
>everything said by you: discarded
We're arguing the same stance. You're just acting like a triggered child
>the people who print money are the same people who lend money
Read an economics textbook or even a fucking Wikipedia article you caveman
I'm not defending bailouts but the consequences of letting the banks fail would probably have been worse than the consequences of bailing them out.
>who profits
nonsense you autist, you imply everybody is spending that loan on flakka like you would.
if he built a working business he can now continue to make money with his investment a long time after having paid back his debt.
>Commercial banks don't print money.
being this stupid or bought
Seems you have become far stupider, from reading these (((books))).
And this is exactly how you devalue an entire monetary system because people start com modifying currency that doesn't even exist in the first place and why the inevitable monetary crash is happening. The only reason 2008 did not produce the actual collapse is because the currency, being nonexistent, was used to bail out the money lenders who were trading in currency that did not exist. The snake devours its own tail.
My point is that interest just amplifies your investment risk by making your investment have to pay more. Banks are just private enterprises who have turned currency into a commodity and thus devalued currency which is why modern economics are a fraudulent system that is held together solely by military force.
>Banks won't lend you money unless they're fairly certain you can pay them back.
This man doesn't know what financial derivatives are. This man doesn't understand the cause behind the last recession. Look at this man, and laugh.
Are you mixing monetary and fiscal policy like a fucking retard?
>you borrow 10 dollars
>you have to pay 10 dollars and 50 cents back
>WHY?
Low IQ.
Moneylenders thrive on consumers who cannot pay back their loans and thus force them into slavery. This is like those credit card companies that just accept anybody no matter how in debt they are. The System is destroying itself.
>if he built a working business he can now continue to make money with his investment a long time after having paid back his debt.
People aren't taking loans to build buissneses. They are taking loans to buy useless shit they feel entiteled to and then whine when they need to give it back. People aren't taking loans to build businesses. They are taking loans to buy useless shit they feel entitled to and then whine when they need to give it back. Those are kind of people who go full commie once they realise that local grocery sells them potatoes with a profit.
No, loaning is fine.
What's not fine is giving out money that doesn't exist to rake in more interest than you deserve all on a speculation that not everyone wants their shit back all at the same time.
Modern banks lend out like ten times more than they actually own. That's horse shit.
The interest charged is intended to mitigate the risk of ALL money loaned, not just to the individual. It's also a service fee for being able to leverage the bank's funds.
It would have only been disastrous for a very short time. Humans are resilient and adaptable, which is actually one of the reasons things are so fucked right now, because many people just adapt to the lowered quality of life and the tightening of the financial nooses, slowly being squeezed back into neo-serfdom. A hard and painful crash would have done more to wake people up and improve our situation in the long run.
>People aren't taking loans to build buissneses. They are taking loans to buy useless shit they feel entiteled to and then whine when they need to give it back. People aren't taking loans to build businesses. They are taking loans to buy useless shit they feel entitled to and then whine when they need to give it back.
pretending to be a real person
>Le lender always wins cuz muh interest rates
Wow, I totally didn't realize inflation existed! Once again, Lolbertarians do not understand economics.
>our
heeb detected
I was more referring to the practice of deliberately giving out bad loans to sell them as a package deal which other people can bet on who isn't going to pay back their loans.
stop shilling against banking, retard. it's here to stay, the only reason why it's overrun by jews is that goys like you keep spamming that it's immoral.
retake the fucking banks if you care that much
Okay maybe it's different in America but here Barclays, HSBC, Lloyd's etc... don't print money. The Bank of England does.
Please explain to me why anyone would lend you money without interest. What's in it for them?
Sure buddy. You go try and apply for a mortgage without a job or credit history. See how far you get.
Which creates the exact recipe for its own failure within the system.
Another head of why the system destroys itself daily. The problems of the modern economic system are a hydra that always ends in loss.
Millions of people would have lost their life savings and pensions. It would have been catastrophic beyond words.
I tend to make spelling mistakes so i write posts first, then paste them.
Here you go you fucking Canadian faggot
then that's their fault.
we can argue that banks give out credits way too easily but the upfront in interest is what you pay for something you can't afford at that moment.
It's all about liquidity user.
you are an ignorant fool, america is the only country that still has a cartel of private banks as its central bank
Then don't borrow the money you stupid fucking retard
>Mortgages are the only kind of loan.
Student loans, auto loans, title loans, payday loans, credit cards, etc.
It was necessary and they are losing more now
>Please explain to me why anyone would lend you money without interest. What's in it for them?
In the current social setting of every man for himself there is no reason for doing anything without taking advantage of another. Because we have no social goals or united aspirations in advancing society but simply accumulating non existent currency to hide behind walls of luxury, the nihilistic system of accumulating capital at the expense of community is the triumph of the modern era. But this also serves for the inevitable collapse of this system because it is as directionless as it is egoistical. It's impossible for humans to live this subjugated and divided at the same time. It tears itself at the seems. Notice how all modern nation states have rapidly devolved into police states? This is because the System failed years ago and is simply held together by violence. It's mostly a game at this point.
No, it doesn't.
Enough people fulfill the repayments to cover the defaults and to earn the bank a profit.
In reality it is much more complex as borrowing fuels economic growth and market liquidity, which in turn creates investment opportunities.
Begone heathen! Good christian men should not sully their hands with ursury. Let our jewish friends do it for us.
Once you give the money to the government for being a citizen and all that entails, it's no longer YOUR money, retard. For the same reason that when my boss pays me for my labor, the money he gives me isn't fucking his.
>letting the banks fail would probably have been worse
No