my thoughts on usury: if you don't want to take out a loan, don't get one
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then you don't have to worry about paying usurious interest
Thanks. Twitter will use this to make your timeline better. UndoUndo
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TBH what constitutes a "fair" interest rates depends on both who you are and what you are getting money for.
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well there's the rub. it's possible (common, in fact) to pattern match to someone who actuarially resembles a bad bet but would actually be a good one. false negatives are a problem in systems like this.
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capital is a discovery/search process let us posit the existence of a possible systemic failure to capture certain kinds of opportunities is there reason to believe we are aware of a system that would have fewer such failure modes or that they would be less severe?
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I'm thinking of the difference in interest rate and repayment structure between consumer credit card debt and small business loans from a local retail bank branch. credit cards constrained by too high interest. small business loans constrained by too selective acceptance.
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small business loans are not an investment vehicle further, regulation has generally strongly discouraged banks from mingling retail banking / loans with investment grade opportunities. They're formally structured differently because of economic realities in addition to regs.
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I mean this with no disrespect, but have you done a startup? Is this an area you have much experience with?
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have worked at early stage startups before and gone pretty deep on financials of companies of that class. also spent a modest amount of time adjacent to the finance industry via internships at investment bank.
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and if it counts, was a "co-founder" at a brick and mortar comic book store one time in the sense that I was working as a combined store clerk + accountant and assisted the owner with some financial organizing
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just wait a little bit cause that means someone somewhere is gonna notice the money being left on the table
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capital
is a
market
too
End of conversation
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