Debunking Economics - the podcast cover image

Debt, savings and investments – how they really work

Debunking Economics - the podcast

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Debt, Savings, and Economic Critiques

This chapter explores the complexities of offset mortgages and the banking system's disincentives to merge savings and debt. It critiques the current financial landscape, highlighting the surge in housing costs, corporate markups, and the consequences of the pandemic on private debt levels. The discussion emphasizes the need for innovative economic solutions to address rising debt and economic inequality.

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