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If it is a dead an option... that's not better.

It's just a bad option.

The impact of having folks in a debt cycle is obviously bad.

The point is they’re not worse off for the existence of an option that they can choose not to exercise.

They are if they choose it, and even if they don't friends and family choosing it they could be worse off...

People in a debit cycle don't only impact themselves.

Like I said Usury Laws exist for reasons.

Yes, paternalism is a reason. It’s just not a very good reason.

It's not paternalism, it's good economic policy to avoid letting whole groups of people fall into such situations that easily.

... because you know better than they do what’s good for them. That’s definitional paternalism.