I'm not advocating Islamic banking. Just some ideas within it. Some American banks charge us fees and interest.
Take all the good ideas of banking and create a system that doesn't create as much inequality and greed.
Loans for some things can be different for other things.
We can all agree the banking system of the US is fucked, no help from congress who are the people who are suppose to speak for us.
So I'm just throwing ideas out there of what other countries do, not advocating any single system.
Most people can not and will not ever be able to "afford" a home, as in pay cash without a loan.
How can anyone support un-tamed fractional reserve banking? It's all based on future growth, if their is no future growth, someone gets shafted.
I'm just trying to understand the over complex banking system/world bank/IMF/ Fed reserve.
Take all the good ideas of banking and create a system that doesn't create as much inequality and greed.
Loans for some things can be different for other things.
We can all agree the banking system of the US is fucked, no help from congress who are the people who are suppose to speak for us.
So I'm just throwing ideas out there of what other countries do, not advocating any single system.
Most people can not and will not ever be able to "afford" a home, as in pay cash without a loan.
How can anyone support un-tamed fractional reserve banking? It's all based on future growth, if their is no future growth, someone gets shafted.
I'm just trying to understand the over complex banking system/world bank/IMF/ Fed reserve.
