Loading ...Pay a higher interest rate on savings deposits like CD’s and not on DEBT ! They do it backwards ! The Banks would be flush with cash looking to make good loans ….The DEBT would disappear !The asset would accrue to the depositor and relieve the inflation demands placed on them.PUT EVERYTHING FINANCIAL IN REVERSE and we could have an asset based economy instead of a DEBT based economy..The individual would be looking to make investments instead of the Banks.The people would grow rich and we wouldent need so many Banks ..they could shrink in number ….they are parasites ..they produce nothing useful ..only debt..Better the people have money to lend instead of Banks ..They could lend to the BANK in the form of a CD..The people own the asset ,not the BANK !The Banks are like useless eaters ,they produce nothing of value the less need of them the better .
The producers should be the lenders from their surpluses …not the Banks that need the public to get into ever increasing debt to service current debt.Enough already !