Government can control the purchase of furniture?
They can by virtue of controlling lending rates, yes. And the current rules are putting many lenders out of business.
All Comments
- 1Posted by Grendol 10 years agoWhat if the leveraging of the furniture sale is under the table?| Permalink
- 1Posted by $ blarman 10 years ago in reply to this comment.Absolutely correct, because the laws which restrict lending are targeting these vendors by focusing on the short-term nature - and corresponding rates - of these institutions. Government shouldn't be meddling with setting minimum or maximum interest rates in the first place.| Permalink
- 2Posted by freedomforall 10 years agoBanksters hate competition. ;^)| Permalink