Originally posted by d000hg
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I don't like current complex system but I like even less banks screwing everyone including those people (like myself) who did not get into debts - wtf banks are allowed to pay 0% interest rate on savings and lend out money at 5-20%?
Instead of levy though I'd prefer to see strict regulation with bank execs going to jail on a regular basis - 20 years to life would be fitting punishment for any crime damage of which greatly exceeds lifetime earnings of an average person.
Banks will certainly have to be paying for the bailout, well - customers of banks will pay for it, ie taxpayers paid indirectly (via money printing) now they will pay directly via taxes, higher prices on bank services and inflation.
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