Quote from: avikz on April 10, 2016, 07:25:01 AM

Quote from: V for Varoufakis on March 31, 2016, 04:46:20 PM

I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?

My question to you is, why would the bank give you free money?? Why are you expecting to receive free money??

Loan is an asset for the bank from where they earn interest and pays back the interest to the savings account holders. Banks make profit with the difference in interest rates. That's business for them and the whole banking system is using this model.

It's better to work for money instead of hoping to receive free money from banks.

No, the bankers must go to work because they earn money without work.