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Banks
A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities.
Most Read This Week
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Banks are nothing but old fashioned money lenders. They encourage you to borrow, to get in debt, and when you can't pay back the loan they take your home away. At least a money lender only breaks your legs.
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― 100 Common Sense Policies to make BRITAIN GREAT again
― 100 Common Sense Policies to make BRITAIN GREAT again
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The bankers and financiers are badly overplaying their hands, again, and people are starting to catch on to the scam.
Real wealth is tangible things produced with tangible effort. Loans made out of thin-air 'money' require no effort and are entirely ephemeral.
But if those loans are used to acquire real ownership of real assets, then something has been exchanged for nothing and one party is getting screwed.
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