jak,sweden,bank,loan,intrest Swedish Bank Takes A Different Approach To Loans

Swedish Bank Takes A Different Approach To Loans

posted by demon_ix

3 weeks 3 days ago • 380 views

tags: jak, sweden, bank, loan, intrest

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I'm still a greedy bastard though.

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Comments

I like it. I had been messing around with an idea smiler to this for awhile. They offer a very weak position on the role of inflation for savers, as all savers in this system are negatively affected and all loaners are positively affected. My solution was to make your bank less reliant on a fiat money and move to a hard currency, something that also moves with the value of inflation so all 3 parties can benefit. Still, I think it is a step in a good direction. Thanks for the post demon.

written by GeeSussFreeK | 3 weeks 3 days ago | CH

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typical bloody Swedes. They're just so damned sensible.

Oh how I'd love to live in Sweden.

written by netean | 3 weeks 2 days ago | CH

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>> ^GeeSussFreeK:
I like it. I had been messing around with an idea smiler to this for awhile. They offer a very weak position on the role of inflation for savers, as all savers in this system are negatively affected and all loaners are positively affected. My solution was to make your bank less reliant on a fiat money and move to a hard currency, something that also moves with the value of inflation so all 3 parties can benefit. Still, I think it is a step in a good direction. Thanks for the post demon.

Yeah well i used this system to finance an underground city but unfortunately was wiped out as we invested in comic books.

written by marinara