He became convinced that ordinary commercial financing could be done for a service charge plus an insurance fee amounting to much less that the current rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state's means of exchange.

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About Robert A. Heinlein

Robert A. Heinlein was a 20th-century American author and engineer. Robert Anson Heinlein was an American science fiction author, engineer, and naval officer. Sometimes called the "dean of science fiction writers", he was among the first to emphasize scientific accuracy in his fiction and was thus a pioneer of the subgenre of hard science fiction. Read more on Wikipedia →

Themes

  • Money — Thoughts on wealth, value, and material pursuits

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