Re:Review of “Adults in the Room” by Yanis Varoufakis
by sgift on Wednesday May 03, 2017 @11:41AM
(#14256685)
> I wouldn't blame the Germans and French for trying to contain a crisis at its origin..
The origin is that banks can lend money without any risk. End of story.
Banks get interest for various reasons - one reason is risk of not seeing the money again and that has to be a real risk or banks will just lend money without thinking twice.
The origin is that banks can lend money without any risk. End of story.
Banks get interest for various reasons - one reason is risk of not seeing the money again and that has to be a real risk or banks will just lend money without thinking twice.