Hacker News new | ask | show | jobs
by rootusrootus 614 days ago
> forget why there's so much interest on loans to pay in the first place

Not only that, but we consistently manage to forget who that interest is being paid to. The economy is complex, but we keep treating it like a larger version of a household budget.

1 comments

Primarily people who hold bonds for retirement, no?

They're also the people racking up all of the debt.

Primarily the US Government.