Robert A. Heinlein: Commercial Financing Commodity
on Tuesday, December 5, 2017Robert A. Heinlein Money Quote saying banks could finance commercial loans by charging reasonable fees, but instead commoditize cash based on scarcity. Robert A. Heinlein said:
“Commercial financing could be done for a service charge plus an insurance fee amounting to much less that the rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state’s means of exchange” — Robert A. Heinlein
Share </> Quote Image
Share the Robert A. Heinlein Money quote image above on your site:
Short Link to this Quote:
[collapse]
