Compound interest is what the banks pay you at a rate of 2% for lending them money, and charge you at a rate of 20% when they lend you money on a credit card, but only 4%, or even less, if you take out a mortgage, because the people controlling the prime rates would rather see you in debt so the economy is artificially sustained.
The opposite of buying is selling. I don’t think not spending is the opposite of spending, it’s more of a negative than an opposite… or is it a converse… I’ve got a headache.
BE THIS GUY over 9 years ago
Rudy will end up on a park bench.
YatInExile over 9 years ago
Banker: How much would you like to borrow?Customer: Just enough to tide me over ’til I can get some credit cards.
Brass Orchid Premium Member over 9 years ago
Compound interest is what the banks pay you at a rate of 2% for lending them money, and charge you at a rate of 20% when they lend you money on a credit card, but only 4%, or even less, if you take out a mortgage, because the people controlling the prime rates would rather see you in debt so the economy is artificially sustained.
mbzylnf2 over 9 years ago
The opposite of buying is selling. I don’t think not spending is the opposite of spending, it’s more of a negative than an opposite… or is it a converse… I’ve got a headache.