Will we never see 10% interest rates on deposits in Europe?

I talked with one woman who said she made like 10% from just depositing money to the bank during financial crisis, safely, deposit accounts are insured in Lithuania up to 100k not sure euros or Litas back then.

And I was thinking, when there will be another financial crisis, I can also earn again.

But one guy said - we will never see so high interest rates, because now the situation is different - banks do not need money to be deposited to lend money. THey can lend money which they do not even have. Is this true and and we will never see 10 % interest rates?

If there are such high intrest rates in the future then its definitely nothing to be happy about. If your bank is paying you 10% just for depositing means that either inflation is higher than this or your currency is loosing. Look at Venezuela, they have really high interest rates there. Would you like such situation in your country?

No, dont want situation like in venezuela. But during crisis when there was in Lithuania 10 % interest rate, was the inflation higher than it? then whats the point of depositing still. I thought depositing was profitable from interest rate. Of course while you do not know where else to invest, its better than nothing.

Sure, but that kind of inflation don't seem appealing to me.