(FB 1542474255 Timestamp)

NEAR ZERO CONSUMER INTEREST

  1. let’s assume there is only one consumer lender: the treasury. what happens to default rates?

And 2) under single (consumer) lender, with limits by rolling income, why are defaults a problem?

And 3) now let’s distribute liquidity via those same accounts, and what happens?

And (4) if those ‘rents’ on state-secured interest aren’t available where does investment capital seek longer term returns instead?

With the exception that;

(5) black market ‘loan’ might increase (not for sizable), because there is always an unpredictable ‘lottery payment’ coming from insertion of liquidity to maintain the money supply, with zero delay.