Ultragigagigantic@lemmy.world to Lemmy Shitpost@lemmy.world · il y a 9 moisThomas Edison was the Elon musk of his eralemmy.worldimagemessage-square140fedilinkarrow-up11.8Karrow-down138file-text
arrow-up11.76Karrow-down1imageThomas Edison was the Elon musk of his eralemmy.worldUltragigagigantic@lemmy.world to Lemmy Shitpost@lemmy.world · il y a 9 moismessage-square140fedilinkfile-text
minus-squarePotatoesFalllinkfedilinkarrow-up2·il y a 9 moisYou can make contracts that guarantee a certain percentage of revenue for a certain number if years, or you know, just loans with interest.
minus-squareRestrictedAccount@lemmy.worldlinkfedilinkarrow-up1arrow-down1·il y a 9 moisLoan what? Banks can only work if someone has already made a profit that they can invest.
minus-squarePotatoesFalllinkfedilinkarrow-up1·il y a 9 moisYeah people like to save money and that’s what banks invest and offer interest on. They then hand out loans with higher interest than they pay to savers. I’m pretty sure that’s already how banks work.
You can make contracts that guarantee a certain percentage of revenue for a certain number if years, or you know, just loans with interest.
Loan what? Banks can only work if someone has already made a profit that they can invest.
Yeah people like to save money and that’s what banks invest and offer interest on. They then hand out loans with higher interest than they pay to savers. I’m pretty sure that’s already how banks work.