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Message Subject Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Poster Handle Anonymous Coward
Post Content
When you ask empty people questions, you get empty answers…
 Quoting: Anonymous Coward 42717143


Giving "the average Joe" access to the leverage that a well considered loan offers is a benefit. It's as simple as that.

Which requires "someone" to be in a position to extend that loan.

That "someone" can be a financial institution or, on the other hand, Jimmy TwoTone the local loan shark.

I prefer the former.
 Quoting: Larry D. Croc


Yup

Unfortunately the victim mentality and age old propaganda keeps people in the dark and incites jealousy, hatred and anger.

Of course lesser educated people who don’t focus on finance aren’t going to do as well as educated people who do spend time learning about finance. It’s not a grand conspiracy. It’s a matter of where people put their time and energy.

Some people here have made poor choices in their lives. Now they are hurting for money and it’s hard to feel that pressure and also blame yourself. So, it definitely is a survival technique for struggling people to find a bad guy and take inspiration from hating the bad guy. Then their whole situation makes sense. It’s not their fault. It’s the bad guys fault! All you have to do is get rid of the bad guy!

Then the mob mentality kicks in and the rest is ugly history.
 
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