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A comment on Danes Get 20-Year 0% Mortgages. Parent comment

Re:Danes Get 20-Year 0% Mortgages by sifar on Wednesday January 06, 2021 @01:16AM (#25655079)
That is a sweeping (and incorrect) generalization. Except the credit part, all the other things are optional.

And even for credit, I am not sure interest is needed. That leads to the world devouring growth that we have.

Just because we inherited a world where these things exist, the tendency to attribute them all to these things is not wise. I don't know what to call this fallacy.

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Re:Danes Get 20-Year 0% Mortgages by apta_ on Wednesday January 06, 2021 @12:50PM (#25660192)
> And even for credit, I am not sure interest is needed. That leads to the world devouring growth that we have.

Exactly. It's not needed. It causes a growth at all cost situation we see today (and one cost is debt slavery for a large portion of the population, increasing the wealth gap).

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