If you take a loan from me you better be prepared to compensate me for it. Or buy only what you can afford. Mind you, I consider myself a lefty but that’s just common sense.
I think what they’re saying is that despite being “left”, they’re aware that in an inflationary economy an “interest-free loan” isn’t merely a opportunity-cost for the lender, it’s a concrete cost.
nah. fuck interest bearing loans.
If you take a loan from me you better be prepared to compensate me for it. Or buy only what you can afford. Mind you, I consider myself a lefty but that’s just common sense.
interest bearing loans are not leftist. please don’t associate your bad ethics with my politics.
I think what they’re saying is that despite being “left”, they’re aware that in an inflationary economy an “interest-free loan” isn’t merely a opportunity-cost for the lender, it’s a concrete cost.
economics theory is just story telling. it’s not science.
also, being a leftist means opposing rent seeking.