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It seems like it punishes those that are saving for the future. Like, why plan ahead when you can just go into huge amounts of debt. Seems pretty short sighted
by david422 5y ago
It seems like it punishes those that are saving for the future.
Like, why plan ahead when you can just go into huge amounts of debt. Seems pretty short sighted and yet these decisions are the ones that are rewarded.
- datavirtue 5y agoThat is how everything is setup. We use debt for everything. "Saving" is only a savings if the saved money is growing (invested). If you put it under a mattress inflation always eats it. Hoarding money is always punished/disincentivized by any modern government. They want you under pressure to invest or spend.