[ExI] I am lending money to scientists
rtomek at ceti.pl
Sat Aug 13 02:38:52 UTC 2011
On Fri, 12 Aug 2011, Adrian Tymes wrote:
> The amounts given seem to be in the microlending category,
> and wouldn't purchase most scientific instruments that are
> able to produce a financial return on investment.
> More seriously, if I read this right, you're offering 10% interest
> *per month*. That's about 314% per year - loan shark grade.
> Credit cards tend to keep it under 30% per year.
If I were a scientist, I would _give_ _you_ my money for, say, 150-200% a
year, which would probably beat every other form of investment on this
planet. And I would finance my research from the money you payed me.
** A C programmer asked whether computer had Buddha's nature. **
** As the answer, master did "rm -rif" on the programmer's home **
** directory. And then the C programmer became enlightened... **
** Tomasz Rola mailto:tomasz_rola at bigfoot.com **
More information about the extropy-chat