@Brutha: what I am considering is the impact of lending based on profit-sharing instead of lending based on interest. So if you would like to start a business, you must convince someone that you will be able to make a profit on the original investment and will give them a share of the profits. If the business does not make a profit, then the investor doesn't get any profit (the borrower could still pay back the amount of the investment). People who are loaning out their money to finance consumer debt are probably not making the best use of their capital.
@SomeRandomGuy: yes, I wonder if there would be more economical housing and transportation options if it weren't just culturally expected that everyone should go into debt to finance these purchases.
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~Lauxa~
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