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Where does the interest go

To the person that made the loan, to compensate them for the risk they took. No need for anyone to profit from the work of another forever.

That's the decision to be made by the farmer either selling equity or taking a loan.

From the perspective of the banker/lender, they're still living off someone else's labor (which is fine for me since it's the result of a voluntary exchange for something else of value, but it seems like it's not for some upthread posters).

So it's ok to rent out money but not rent out tractors?

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