Exposed: the confidence trick that supports banks

[tim123]

It makes no economic sense to use gross salary multiplier because actual disposable income will be different for different people who may have same salary and live in the same place, do you agree with this?

It's an easy to calculate number which provide you don't go too high, has been show to work.

Yes, some people get penalised by the system, but IMHO this is better than everyone having to pay to bail out the banks

tim