That would be taking money from future productivity. Classic keynes "print money and bury it in the ground" is needed but it's unquestionable in US, poor can't get money unless you pay off the oligarchs first.
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we need liquidity for bottom up growth of small businesses or we will not have a healthy economy at all. you can't succeed with just a few big firms with propped up equity values. there's too much to do. you need entrepreneurs. VC's are too slow. and you need customers w/ money
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i don't think bank do this 0% banks number 1 scammers just saying
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it's the inter bank rate for large banks, but for the little people it's much higher.
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The gov injects the "liquidity" into the economy through banks via loans etc...so we have an untrusted middleman bullying both sides
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Their game is to try to pump their stock values instead of support families, particularly children and the elderly
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Japan was basically in this position for years, I believe. Didn’t seem to have collapsed the nation.
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You're kind!
Just make sure you can get them back.Thanks. Twitter will use this to make your timeline better. UndoUndo
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You are on thr right track. In the islamic faith there is no interest! Rather, incorporate a return on capital ... through value creation. No financial trickery.
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Same going on here , banks saying they have covid 19 schemes but when enquire , need business plans and projections , its very simple businesses just need cash with minimal strings attached with a 20 year payback , forget about this 3 year crap.
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