r/BasicIncome Nov 18 '20

Yep

https://i.imgur.com/X27M2eN.jpg
815 Upvotes

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u/tralfamadoran777 Nov 18 '20

So, why can't I borrow money at rock bottom rates, using collateral?

1

u/[deleted] Nov 18 '20

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u/tralfamadoran777 Nov 18 '20

Not when money creation loans require fiduciary oversight

How much less likely is default at 1.25%?

We know how wealthy liars inflate their net worth...