Reply to post: Re: The cost in kW

From Libra to leave-ya: eBay, Visa, Stripe, PayPal, others flee Facebook's crypto-coin

the Jim bloke Silver badge
Unhappy

Re: The cost in kW

The banks - which are the primary vehicles for saving money - get more of THEIR money by selling debt to people (and calling it credit), Therefore from the banks point of view, people saving money is bad, people going into debt is good.

Nobody seems to have asked if this is sustainable, or good for anybody beyond the banks - actually many politicians seem to think everyone in debt with no savings is good for the economy, but a politicians perception of debt may not match the general publics.

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