http://etbe.coker.com.au/2010/02/16/links-february-2010/ Linux, politics, and other interesting things Thu, 09 Feb 2012 01:09:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://etbe.coker.com.au/2010/02/16/links-february-2010/comment-page-1/#comment-23684 Don Marti Mon, 15 Feb 2010 21:49:22 +0000 http://etbe.coker.com.au/?p=1780#comment-23684 The good thing about suing debt collectors who target individuals and households is that it pushes up the cost (to both sides) of so-called "consumer credit." If you really think about it, offering people credit in order to "consume" is a waste of capital that might otherwise be used in productive projects. Households should be using their savings to _form_ capital, not drain it. The good thing about suing debt collectors who target individuals and households is that it pushes up the cost (to both sides) of so-called “consumer credit.” If you really think about it, offering people credit in order to “consume” is a waste of capital that might otherwise be used in productive projects. Households should be using their savings to _form_ capital, not drain it.

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