Chris Martenson: Debtors Rescued
on Saturday, July 1, 2023Meaning of Chris Martenson Money Quote: saying Savers must be punished with low interest rates, while debtors must pay high rates so more profitable loans can be offered and creating less savings. Chris Martenson said:
“Savers have to be punished so debtors can be saved. Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future. And why is that important? Because the banking system needs ever more loans in order to survive” — Chris Martenson
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