Technology5 mins ago
Goverment, Corporate & Private Debt Going Up And Up, When Will It Blow?
22 Answers
Are you seeing your debts increase or your family's, friends, neighbours, etc?
Answers
Best Answer
No best answer has yet been selected by Truthteller88. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.No, 0% interest means you are in debt having not paid for what you have which isn't the same as waiting until you have the resource to purchase. Besides low base interest rates are immoral as it takes from prudent savers in order to gift to spendthrift purchasers. Plus there is always the risk that base interest rates will suddenly rise and steal less from savers and gift less to takers, thus putting many who borrowed without forethought in a difficult situation. Save first and the risk doesn't exist.
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.