The most interesting part was where the lady says 80% of the population loses money from interests (including loans, investments, life insurance, savings etc.) while only 10% (namely the rich) makes money. Thoughts?
Well, yeah I'd have thought that'd be fairly obvious though. If you have lots of money then you can loan it out or invest it and make interest on it. Those who don't have enough money to do that (most people) will need to take out loans in order to make big purchases such as houses or even cars, or even just overdrafts for everyday expenditure, all of which incurs interest costs.
Topic: The Negative Effects of Interest-based Economies (Read 1081 times)