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by mrinfinite 1404 days ago
No. Nothing wrong with Buying a valuable thing for An expensive price. Its valuable.

What is wrong is fraud. Fraud happens when a bank is allowed to create money out of nothing (banks used to have to SAVE money to lend it, but the Central Bank makes it so they dont have to save money to lend it). That is unethical and also: FRAUD.

Buying a house is expensive and sucks but thats not unethical for things too be expensive. It is unethical for Banks to commit fraud by loaning money they dont have.

NOTE: central bank is there to save the banking cartel. If banks were just allowed to do what ever (free banking) they wouldnt get very far cause of runs on banks and competition between banks, but a central bank allows the tide to raise all ships (banks)