JK Denton
(twitter.com)
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Local run banks, instead of the single big underground maze vault completely controlled by the goblins, with no outsiders truly understanding how it works?
For instance, Hogsmeed has enough healthy businesses and traffic from Hogwarts to run their own local credit union.
Or did you mean in the real world, because the solution is the same: local.
We all saw how well local banks are doing lately...
And no, you don't say banks. You say the entire system. You say you want to ban "usury".
So, let's hear it. Your perfect financial plan that doesn't charge interest.
I already know what it is, I had a comment about it before, calling it the most feminized idea I've ever heard.
If interest can't be charged to mitigate the risk, it becomes a popularity contest.
You mean some of the largest banks in the country that have had trouble? My actual local banks and credit unions seem to be doing fine.
By the entire system, I didn't mean banning interest -- this isn't Mosaic Law -- I meant having local grocery stores and such, instead of the huge companies we have now.