Does anyone have legitimate info on the loan interest rate in NS Germany

14.88%

That's wicked high though

Should be 0%

Loan interest is usury

I don't think 0

but only because of inflation

If I loan $10,000 to someone and they repay it back over a 10 year period, what I get back is going to be worth a lot less than what I gave

You shouldn't loan money to a brother because of what you'll get out of it later

TWP (and the Movement, for that matter) needs to start a credit union (it only takes 100k to get one started...I know that is still a ton of money, but it would be a worthwhile, and profitable, goal)

It would be cool to get a trade union/group of unions going too. A way to provide insurance and stuff to members, training for youth, stuff like that

Hell ya...it's actually really easy to start an independent labor union

I've been looking into the IRS stuff and I've got a CPA friend who would probably be willing to help if that would be helpful

Awesome

Ya, I really wanna get a labor union rolling by the end of this year...maybe the beginning of next.

But yeah, a pan-trade labor union that offered apprenticeships, health insurance, etc. It would help twp and definitely help people and thereby recruiting in poor areas

Any economic autists who can enlighten me on what would be a good loan interest rate then if only to cover losses from the loaner due to inflation?

it would be whatever the inflation rate is

so that the person who lends gets exactly what he put in

no profit

current inflation rate is 2.1%

^

Having *some* interest also discourages people from going into debt when they don't need to

If I have enough money to buy a car, but I know I can get a loan for it and spread the cost out over 5 years with absolutely no drawback, why the hell would I just pay for it myself?

Also having interest guarantees you will have lenders to provide capital

Literally who would engage in loaning when it's inherently risky if they just get their money back?

Unless you have a state run bank, I suppose. But then you may run into issues of some dumbass bureaucrat just handing out loans to everyone and their dog, costing taxpayers a fortune

People who want to help their fellow white man out

Lending is jewish

Helping each other is not

That's well and good for small loans to friends but for larger capital investments it's not really about just helping out your fellow white man

You may want to help out a white man, but would you loan half a million out of the kindness of your heart? A million?

Call me a Jew if you want but I don't think people would be loaning out large sums like that if there was no incentive to do so, it's too risky

And without large loans like that being made it would cripple small businesses, as it's not uncommon for loans of half a million or so to be made to a startup business afaik

So just matching inflation rates would be a good position?

The incentive is that you have just bought most of the company and will, as partial owner, share in the profits. The difference between that and (((lending))) is that the lender doesn't care what happens to the business as long as he gets his money somehow, whereas the new business partner will benefit as the investment succeeds.

@WeIrdGuy Yes, along with keeping inflation to zero.

How does one 🅱 revent inflation? <:spurdo:406662967371759617>

Inflation isn't something that just inevitably happens, there is a cause. Jewish banking shenanigans being the biggest one, another historical example being the influx of New World gold into Europe in the 16th century.

And by Jewish banking shenanigans I am referring both to the "Federal Reserve" (which is neither federal nor a reserve) and the debasement of currency in the late Roman Empire by the same sorts of people, as well as other looting schemes like Weimar.

@WeIrdGuy It's simple

We kill the Fed