Comments by "SmallSpoonBrigade" (@SmallSpoonBrigade) on "0% Financing is \"Bad\"? Whiteboard! Lehto's Law Ep. 5.273" video.

  1. Anyways, the "scam" here is that having such low interest rates can encourage spending more than you would like to and there's frequently a higher rate that kicks in if you don't pay on time. But, calling that a scam is rather weak. That's usually written out rather clearly in whatever paperwork they have you sign.
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  2. In practice, they wouldn't do a negative interest rate if they needed to do better than 0%, they'd issue a rebate or otherwise reduce the price they're charging. In practice though, I'm not sure how often they need to do better than 0% as that's already under the rate of inflation.
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  3. @Cellphone Dave Nope, inflation is generated by printing more money at a rate that exceeds the growth of economic activity.
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