With those 2 properties being: 1. 'Easier access to personal/business loans/credit' OR 2. 'Not dealing with programmed inflation (which can be trusted because it's programmed & not at the will of a politician), and subsequent loss of Purchasing Power'
It would hurt those used to easy credit but wouldn’t really affect the productive members of society. Yes, the initial ripping of the bandaid would hurt, but I believe in the long run it would be for the better. A more stoic, responsible, long-term oriented society.
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I think it would hurt many productive members of society (all small businesses). All small businesses require credit to keep their operations going, with some SMBs not getting paid until 90 days after delivery of goods. No cheap credit, no more small businesses.
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>A more stoic, responsible, long-term oriented society. I think it could happen. We currently have A LOT of social and cultural momentum going the exact opposite way right now.
End of conversation
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