Money

The History Of Banking

It begs the question; how come we are not taught this stuff at school? Hmm – I wonder. Better that the banks stay banks and we stay customers. But seriously, have you ever wondered why you give your money to the bank – effectively an interest free loan to them which they can use to invest to make more money for themselves to then lend out more money to you and everyone else at exorbitant rates of interest – the while thing is nuts when you think about it. An ordinary person would never get away with this. Oh well – it’s the world we live I guess!




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