Beta,
This Latin phrase you used is the delusion, it is delusional economics.
Let me explain simply that in the real world there is nothing which is constant, nothing at all.
Not even the value of money. And when this comes to loans, unstable markets lead our precious loan taking entity(country) to draw further loans,
which in turn limits the true economic potential of the entity leading to economic deficiencies like the recession-cycle.
In reality this naive phrase of your's is total BS.
Yes, if everything is stable then there is a possibility of economic growth because only then, and not in any other stituation, our economic entity has a good (or some) chance of knitting in with other entities for prosperity.
Which shows that interest is nothing more than an incentive for investment or an encouragement for interaction in the modern market, however, it in turn actually sickens and destroys the economy of any scale.
'Ceteris Paribus' has no connection to the real world, it's just a mathematical philosophy which was used to quickly assess extremely short term
economic activities (like days or few instances), and it even failed at that.
Therefore you should not act like some wannabe, telling people things you do not know crap about.
Interest kills any involved entity's economic cycle-- period
@
wadaich
