Are you for equality? Think of the interest rate! Truth shots with Kapil

September 1, 2021 0

Interest rate is one of the fundamental pillars of capitalism that divide human beings based on what they possess.

The more you have, the more you get!

How do interest rates work?
Interest rate works for rich people. They lend their money to the government or private companies which inturn keeps them afloat.

What is exactly the meaning of interest rate & how does it prompt the division of society?
“The ability for you to earn money over the money that you have without having to do anything at all is called an interest rate.”
It is one of the key factors of differentiating humans based on somebody being rich or poor.