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What kind of system reward people borrow money and not pay back?
And, punish people who save money? By not even with interest to keep up with inflation?
4 Answers
- Smarty PantsLv 410 years ago
You honestly think that people who borrow money and don't pay it back are rewarded in some way? Maybe you don't really know anyone who has been in that situation - it can be hell. Debt collectors, foreclosures, ruined credit rating, and on and on.
I've saved money all my life and have never been punished for that in any way - unless you consider my income, comfortable live style, and increasing investments to be a bad thing. Interest is low now at banks but I never relied on interest as an income stream, it is only a small bonus of several thousand dollars a year.
Source(s): Living in the real world
