Dec 4, 2021
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Interest rates should be proportional to the wealth of the borrower.
Need 300k to buy your first house, that is a necessity for you as a human being to live in? 0% annual interest.
Oh, you need to borrow 40millions because your mega-yacht is running out of Caviar and you want to build a massive luxury resort destroying half a reef in a tropical island? No worries, 300% annual interest.
Fixed.