In the know: Absurdity of the interest rates 1

Peter Faleskini
4 min readSep 26, 2021

In this debt-driven society, we take interest rates for granted. We are so accustomed to interest rates, that we do not doubt them. Most people today think of interest rates as high or low. But only a few doubt the fundamentals principles of interest rates.

It wasn’t always so — the Muslim religion is not in favor of charging interest rates. The Christian religion use to be strictly…

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