this post was submitted on 04 Apr 2024
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So...instead of loans, you're advocating that people form corporations where shares are bought over time instead?
You'll still have to pay some interest to motivate the other party to invest, all you've really done is generate a bunch of extra paperwork to spin up a corporation.
The idea is to avoid the expense spiraling out of control due to exponential growth.
In order to motivate your business partner, you should have a contract that defines the price of the stocks in a favorable way. Itβs like buying and selling really. The lender pays 4300 β¬ for the car, and sells it at a higher price, such as 4600 β¬.