[Alberta's Child]

The whole idea of paying interest to a lender makes no sense if the economy is not growing. That’s true regardless of whether the lender is a bank underwriting a mortgage or a customer depositing money in a savings account.

[grania]

What I'm saying is that one reason the economy is not growing is that people who take responsibility for their financial well-being aren't spending because their savings are being depleted.

Us little folk who follow the laws and take responsibility for our well-being didn't cause the problem. So how come we're the only ones being screwed?

You know what? With interest rates being so low for so long, anyone who hasn't paid off their debts deserves financial ruin.