This was a good place to hide. Lasted almost 2000 years
DrunkenPirate
No retail banks create money while they grant a loan - it’s called book money creation https://www.geld-und-geldpolitik.de/en/banks-and-book-money-chapter-3.html#nav-vier If you wanna get rich, start a bank
High tax on humans, low tax on companies and property
Because it doesn’t matter the company. A bank creates money if you apply for credit. It just have to have a fraction - say 3% - real money to store at a central bank account. Then they literally type the numbers on your account. Money created!
So, for a bank, it doesn’t matter if you apply for 5.10.20 years. They get the interests anyway. May be there is some weird financial acrobatic behind the 5 years target. However, here in Germany it’s pretty common to get a 20 years credit.
Got your point but the direction of result isn’t right imho. Why should WFH employees accept lower compensation? In theory and in now in practice, they can start working anywhere in the country. If they face a reduction because of WFH, they will move to another company for sure. The remote work situation together with aging society massively shifted the power to employees. You aren’t bound to an area for work anymore.
I think employees that must go to offices should get an extra raise to compensate for the fuel, time, and clothing.
Same in Germany. Starting to become a painful competition for refugees, asylum seekers, and low wage Germans. Not as bad as in Netherlands though.
Don’t know if that helps you - here in Europe it doesn’t look better. In all countries you can choose between the crazy, the stupid and the as-always. I‘m afraid the politics machine transforms you in one of those or scares away the motivated.