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Non-Tech : Derivatives: Darth Vader's Revenge
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To: Henry Volquardsen who wrote (393)10/5/1998 9:17:00 PM
From: ahhaha  Read Replies (1) of 2794
 
My point was that the "situation" never arrives. They change the law to reflect the reality. The passage of usury laws won't stop rates from rising right through them and borrowers asking for loans above usury levels. If rates persist at higher levels and borrowing continues, the usury limits will be raised. You can't legislate reality.
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