Not only inducing less immediate consumption by resource holders, interest rates also serve to allocate resources across projects.
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Replying to @wfomentar @ClarkHat
It's magic to mass of dimwits, but interest rates are prices, moving resources efficiently in a world of dispersed knowledge.
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Replying to @mrbones_is_back @wfomentar and
Yes. If driver's licenses are necessary, a fortiori debtor's licenses are necessary.
2 replies 0 retweets 5 likes
Replying to @Alrenous @mrbones_is_back and
Except we already know that would be racist.
9:35 PM - 28 Feb 2017
1 reply
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