Would a jubilee cancel bonds?
Government bonds?
Bankruptcy is probably a better system, even if it is abused, as there is no need for everyone to plan around it. I suppose that is part of the intent of a jubilee though, to limit overall lending.
Government bonds?
Bankruptcy is probably a better system, even if it is abused, as there is no need for everyone to plan around it. I suppose that is part of the intent of a jubilee though, to limit overall lending.