Prolly wants to turn bank interest rates into a flat rate. If you set all rates to 5% then people who have behaved responsibly get to pay more and the poor can borrow more money than they could ever possibly pay back.. Again, its a subsidy scam like the housing bubble.
Prolly wants to turn bank interest rates into a flat rate. If you set all rates to 5% then people who have behaved responsibly get to pay more and the poor can borrow more money than they could ever possibly pay back.. Again, its a subsidy scam like the housing bubble.