Kasz216 on 12 July 2010
richardhutnik said:
It can be building a cash reserve in a bank, via savings. However, if there isn't consumption or demand for new goods or services, then how exactly does one decide to lend money and pay back sufficient returns to pay back people who save more? |
Weren't you the one earlier talking about how you couldn't get any loans from a bank... or maybe that was someone else. There is plenty of demand for loans.
Regardless, most rich people don't put much money in banks, they invest it in other things that promise greater return rates.
