1/ Some thoughts: * carrying high levels of debt is bad for people, for families, and for nations * outlawing debt, or outlawing "usury" denies people the freedom to make their own decisions - if my dog needed $5k surgery to live, I'd pay 20% interest for one year, no prob! https://twitter.com/AmericanDan1776/status/1105880770944602112 …
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4/ ...and in between, you just get shorter-and-shorter periods of debt, with higher inflation rates ...or you start to shade from legal / regulated debt to illegal debt. How would you like to be a young husband trying to buy your first house...10 years before jubilee?
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5/ so, in the end, we get down to: * X is a tool that can do a TON of harm, if misused * X is a tool that can do a TON of benefit, if used wisely * it is effectively impossible to ban X, because people will use it anyway guns / fire / debt /shrug
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6/ We live in a dangerous universe. Good culture and personal responsibility are paramount. /exeunt
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7/ UBI is wrong bc no man should be taxed to transfer money to another (hard line libertarian version) ...or should never be taxed to transfer money to able-bodied non-needy others (softer version). Both for moral & incentive reasons. Get a job, sir!https://twitter.com/DShaw873/status/1105886847153123329 …
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8/ So you think in a power structure that has already demonstrate that it's willing to transfer from group X to group Y, that this new program will ... somehow reverse the trend? https://twitter.com/GolfKingYang/status/1105889364578631680 …
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