No, there is not a problem with loans are not limited to 7 years. It's artifical centraly planed limit. It's is not good idea. Solution is money with stable money supply. So people can accumulate wealth with just holding it.
Without ability of banks to create money from thin air and with ability of people to accumulate wealth without investing, length of loans decrees naturaly. People will have more money for crisis and bank's will need more carefully choose how they use their resources.
privatize_universe /
npub193…mm5gn
2025-04-19 12:06:45
in reply to nevent1q…9qu3
Author Public Key
npub193pcsgj0mn2s7f898j4eh2j2kczlpplg93zcwq6swf5s7venzz5sgmm5gnSeen on
wss://relay.nostr.bandPublished at
2025-04-19 12:06:45Event JSON
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"content": "No, there is not a problem with loans are not limited to 7 years. It's artifical centraly planed limit. It's is not good idea. Solution is money with stable money supply. So people can accumulate wealth with just holding it.\n\nWithout ability of banks to create money from thin air and with ability of people to accumulate wealth without investing, length of loans decrees naturaly. People will have more money for crisis and bank's will need more carefully choose how they use their resources.",
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