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Douglas_Knight comments on Buying Debt as Effective Altruism? - Less Wrong Discussion

10 Post author: aarongertler 13 November 2013 06:09AM

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Tags: investing philanthropy debt altruism

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Comment author: Douglas_Knight 16 November 2013 02:28:49AM -1 points [-]

My understanding is that people who use credit ratings aren't interested in defaults on medical debt. Thus this project makes credit ratings more reliable.

Comment author: John_Maxwell_IV 17 November 2013 01:58:01PM 0 points [-]

OK. But even if that were true, that would essentially be the main net effect of the scheme, right?

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