The Archivist
19 September 2022 · 06:29 UTC

Central banks raise interest rates because whole societies now run on debt instead of savings. Why don't we…

Central banks raise interest rates because whole societies now run on debt instead of savings. Why don't we save instead? Because we don't earn enough to save. Debt has been the way we've created an illusion of widespread prosperity. https://t.co/oR9dPVr67b

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