Posted: Jun 08, 2021 4:13 am
Chaoservices
I have a few drinks in me at the moment so excuse me please.
There is the concept of time value of money, inflation blah blah. I can buy some tool today and create something, possibly of value now, that could be used in the coming years. Alternatively, I can sit on my money and use it in the future. In an uncompetitive world it would make no difference.
Then there is the money value of time, or at least the interaction of people with time.
But if people have an objection to paying interest on loans, I will hang on to their money for free.
I have a few drinks in me at the moment so excuse me please.
There is the concept of time value of money, inflation blah blah. I can buy some tool today and create something, possibly of value now, that could be used in the coming years. Alternatively, I can sit on my money and use it in the future. In an uncompetitive world it would make no difference.
Then there is the money value of time, or at least the interaction of people with time.
But if people have an objection to paying interest on loans, I will hang on to their money for free.