Comte de Sats Germain on Nostr: How do you propose having debt without it becoming predatory? Are you okay with ...
How do you propose having debt without it becoming predatory? Are you okay with credit cards charging 25% interest, and people just making the choice to accept the terms? My beef with that rationale is that there aren't other options. There's no informed consent or rational choice making when other options don't exist. And then there's political corruption - these debt peddlers get laws changed to favor their business. That's how we got in this debt mess to begin with.
I'm not proposing a state. I'm proposing justice. You don't need a state for that.
Published at
2025-06-17 15:49:08Event JSON
{
"id": "65f672f774e831bf412532e84e49db390f246b9996525c60dee2e2c1b73d024b",
"pubkey": "55f573b651eff351db57b0601d23022d8c532f9825db10a5733ebf39be4aa21b",
"created_at": 1750175348,
"kind": 1,
"tags": [
[
"e",
"effd73fdc933bf7ca0a68de73a495a2bfb3b9581102294460d76502abf145586",
"",
"root"
],
[
"e",
"38c7494ba4c95e323e7eb40fa56b5405650b674bb7def32dddfd3c35821d2f27"
],
[
"e",
"76d36f4e8d0991ba375ef78101438993159499c50dd455a08d2fb63caefde32b",
"",
"reply"
],
[
"p",
"55f573b651eff351db57b0601d23022d8c532f9825db10a5733ebf39be4aa21b"
],
[
"p",
"2efaa715bbb46dd5be6b7da8d7700266d11674b913b8178addb5c2e63d987331"
]
],
"content": "How do you propose having debt without it becoming predatory? Are you okay with credit cards charging 25% interest, and people just making the choice to accept the terms? My beef with that rationale is that there aren't other options. There's no informed consent or rational choice making when other options don't exist. And then there's political corruption - these debt peddlers get laws changed to favor their business. That's how we got in this debt mess to begin with. \n\nI'm not proposing a state. I'm proposing justice. You don't need a state for that.",
"sig": "c09696842cb97665a6bb7826c6a62327f0a22766fc57269f83930328e8fee60da68ba433bad771d5f97f746801a7cf1245223ff437eb0053dfdcb1ad5c809a04"
}