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Cyan comments on What is the most anti-altruistic way to spend a million dollars? - Less Wrong Discussion
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Invest in the payday loan sector, and reinvest all profits.
Thereby driving up the supply of payday loans, driving down their equilibrium cost? This hurts the existing payday loan providers, but to the benefit of their customers.
In a world with competitive payday loan markets and rational customers, sure. This is not that world.
Interest rate caps and implicit collusion: the case of payday lending
Poverty Impedes Cognitive Function