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Fed's high-rates era handed $1T windfall to US banks (ft.com)
4 points by paulpauper on Sept 26, 2024 | hide | past | favorite | 3 comments



Forget student debt forgiveness, what about all debt forgiveness, and illegalize charging interest?


You can get some of that via the bankruptcy code. For the latter, there exist "Islamic Mortgages"

https://en.m.wikipedia.org/wiki/Bankruptcy

https://en.m.wikipedia.org/wiki/Islamic_banking_and_finance




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