posted this Nov 21st 2011, 09:08
Interest rate is actually a price that we have to pay to use our money. If a man borrows money from a bank, let's say 100€, he will have to give back more money than he borrowed, let's say 110€. This doesn't have any mathematical common sense. Capitalistic system is based on profit and we must not allow this any more.
Equal Money System is based on a principle of what is best for all. Stealing money from people, which interest rate really is, is definitel... Continue »