@BattleDwarfGimli @TrevorGoodchild @Hertz @PraxisOfEvil @sickburnbro The only alternative to compound interest is either much steeper fixed interest or some sort of interest with extra steps.

Present money is always worth more than future money, plus the risk of default and other costs.

Debt is a powerful tool to do things now too expensive to afford by deferring the costs into the future - the problem is people who have no ability to make long term decisions being given such a dangerous tool. Most business and home ownership would be impossible without it.

There is no free lunch when it comes to finance short of a nationalized banking scheme in a high trust ethnostate, which would require a whole lot of expulsion and executions to achieve.