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[–] • 0 pt

But anyone who can beneficially use it: doesn't need it.

That's not true at all. I had a recent offer from AMEX to float me all purchases interest free for 12 months. No fees. I was already thinking of buying some camera stuff so I did. ~3500 same as cash from them.

So instead of paying cash, I can now keep that $3500 invested. 12 months from now I can pay off the loan balance and be up the money I made investing.

Sure AMEX makes these offers because they think people will either not make min payments or carry a balance beyond the promotional period, but if you're smart, you won't do that.

[–] • 1 pt (edited )

So instead of paying cash, I can now keep that $3500 invested.

Like I said;

doesn't need it.

NEED

You in no way need it. Now I'm not wholly forgiving those who make bad decisions to put them in places where they sustain off of credit. But I'm unwilling to say the way credit is handled is acceptable or good.

[–] • 1 pt

Ah, okay. I see more where you are coming from now.

So how would you handle it?

People have to have an incentive to loan money, otherwise why would you do it?

[–] • 1 pt

I dunno. It's complicated as fuck.

People have to have an incentive to loan money,

Yes. Solved by a high trust, homogeneous society. The incentive is your folk.

...otherwise why would you do it?

See Hungary and I think Czech? How you get a loan if you birth a Hungarian + Hungarian baby and the loan "terms" get better if you have more babies where the fourth (I think 4) completely absolves the loan.

Monetary incentive is a jewish idea through and through. People need to start understanding the world DOES NOT run on money. Not even remotely. Not even if you were to remove jewish influence COMPLETELY. The world runs on the will of the functioning parts of it.

The will is stronger in a high-trust, homogeneous society. Where things like welfare etc make sense. Where things like universal education, training, and health care work.

I'm getting a bit tangential here but the primary difference is called out where 'crass marxism' != socialism and socialism != 'crass marxism'.