As soon as the ability to borrow and lend money is introduced into a market several curious features develop:
first, the value and power of very large sums of money is magnified. No longer is a fortune just a large quantity of goods and labor-- it's also a means of increasing wealth.
second, since interest rates will be inconsistent it is possible to make money quickly through complementary loans and lending.
This second feature is almost always regulated right away as it causes chaos. 2/
myrmepropagandist /
npub1cp…uhrnq
2023-08-28 14:52:07
in reply to nevent1q…aez4
Author Public Key
npub1cp2pgntkzkpqa23rytnchggwzywyggvst9yzkgd6w8j349ef7s9shuhrnqSeen on
wss://relay.noswhere.comPublished at
2023-08-28 14:52:07Event JSON
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"content": "As soon as the ability to borrow and lend money is introduced into a market several curious features develop: \n\nfirst, the value and power of very large sums of money is magnified. No longer is a fortune just a large quantity of goods and labor-- it's also a means of increasing wealth.\n\nsecond, since interest rates will be inconsistent it is possible to make money quickly through complementary loans and lending. \n\nThis second feature is almost always regulated right away as it causes chaos. 2/",
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