Official Lolbertarian thread. Discuss the benefits of No goverment

Grandpapy

Well-Known Member
Interest income
Lottery
dividends
Fed's magic money maker

If a bank offers 4% interest, am I paid in labor? How are they able to offer me this? It's because they charge double that to borrow. So If I charge you 20% interest on you loan, I've gained 20% in wealth without any labor.
Please don't discount I now have to labor 20% more to pay you back.
 
Top