Thread: Interest
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Old 03-09-2017, 05:54 PM
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PickleBottom (Offline)
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Default Interest

Here's a riddle,

If a bank charges interest as they inherit the risk, does not the charging of interest increase the risk of the person not being able to pay back the loan. Thus the interest has to increase based on the interest charged. As a result the risk will increase, which should therefore increase the interest etc etc

Technically interest should increase to infinity.

If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas
-George Bernard Shaw
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