Quoted By:
>be me, non retard
>always hear people complain about interest rates
>"interest is stealing my money!"
>"why do I have to pay more than what I borrowed?!"
>be like, time to drop some knowledge bombs
>start with car rental analogy
>"You rent a car, you pay a fee, right?"
>everyone nods
>"So, you're paying for the time you have the car, right?"
>more nodding
>interest is like that, but for money
>you borrow $1000, you pay interest to have the pleasure of using someone else's money
>just like how you pay to use someone else's car
>lightbulbs go off, people start to get it
>go deeper
>"money is a good like anything else"
>you want bread, you pay for it
>you want someone's time, you pay for it
>you want money, you also pay for it
>it's all the same economic principle
>bring it home
>if you borrow and pay back right away, you pay less interest
>just like returning a rental car early
>the longer you keep it, the more you pay
>people start to understand
>interest isn't evil
>it's just the cost of using something that isn't yours
>feelgoodman.jpg
>maybe the world is a bit more economically literate now
>one greentext at a time
>end of story
>micdrop.gif
