yeerepd

joined 1 year ago
[–] yeerepd@alien.top 1 points 1 year ago

Your loan example doesn’t really make sense. Why would the choice be between loaning 10k at 10% or 100k at 2%? You’d loan ten lots of 10k at 10% and make 10k profit rather than 2k.

And profits don’t go to the board, the board is just representatives for shareholders.

[–] yeerepd@alien.top 1 points 1 year ago

Your loan example doesn’t really make sense. Why would the choice be between loaning 10k at 10% or 100k at 2%? You’d loan ten lots of 10k at 10% and make 10k profit rather than 2k.

And profits don’t go to the board, the board is just representatives for shareholders.