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oh another one that didn't studied well... Let's talk in 5 years again.
The creation of savings and their subsequent investment is a natural behaviour of economic actors. If there were no loans, people with good ideas would not have access to the capital to implement them. There is nothing wrong with borrowing as long as it is preceded by savings and interest is a free-market conflict between supply and demand.
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Can you force me to borrow from you? Debt = slavery Simple as that.
Don't consume more than you can produce. Life is much simple than you think, with or without lending.
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Because nobody can force you, it's not slavery. It's a voluntary transaaction, a trade. A loan is a service like any other. That's why it has a price. If you think hard money will kill the loan market, you're wrong.
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