Banks hold your money and give you a fraction of a percentage on it.They then loan that money to other people and earn huge interest rates on it.
Its called a central bank system.
>>62640877Actually, it's called judaism
Charging any interest is usury and will land you in hell
>>62640885That's right. You should charge 4% more than the standard interest rate and call it a "gift". God in his infinite wisdom will totally be fooled by your cleverness.
>>62640891Im not writing any checks for a cheating lying whore with kids just to write it out as " gift " hell is to pay. Street need a body.
>put all my money in the bank>bank fucking collapses for some reason>tax dollars refund meWhat a system
>>62640875the fraction of percent is the no account fees.. for negative fags like myself I pay for my shitty service
Wrong banking hasn't worked like that for like 50 years. Banks already have money and make new money by loaning you it at more interest than it costs them to borrow it from the government
Be gort or be gorted
>>62640875It's way worse>Take a loan>Banks shit that amount of money into existence as debt>Pay it off>Said money is erased>Only the interest paid remains>Thus all money gets created as debt>Thus there is always more debt than money in existence>If the debt can't be paid, the bank takes actual assets from you/your company>Effectively stealing your property for not paying """""back""""" money they created out of thin air
>>62640875don't forget central banks printing money from their asshole and then devaluing the dollars you worked for. every 30 or so years the dollars in your pocket hit net 0 value and reset.
>>62640948this is how the non-goys take over the world.
>>62640948wait so money isnt real?
Banks are shrieking about stablecoin issuers giving most of the yield from treasuries back to the person who actually owns the money. It really is a giant scam
>>62640875The idea is to own stock shares in the bank that holds your money so you get paid from that process via stock appreciation and dividends.
>>62640925The government and banks are so broken they actually have to pay the banks to borrow the money in short overnight bursts (called repo/reverse repo operations) to keep the heart of this zombie economy beating. It’s all totally fake and gay at this point.
Never get a loan from a (((bank))). I'd rather go through a Credit Union or one of those religious banks that don't engage in usury.
>>62640875Usury lmao
>>62640875>fraction of a percentageIt was 4-5% 10 years ago.
its kind of funny how 99% of people dont know this, what did you think they were doing with your money this entire time, jerking off? they take your money, give you a measly 0.0001% in interest and then use the money you give them to give people loans, invest, and fund their other buisness ventures. the entire economic system is built on ignorance because most people dont ask questions... about anything, "where is my money going" "how do i invest?" "wait, the bank gives me FREE money when i use my credit card!!". truly cattle.
Just put your money in VUSXX then nigger
>>62642872Lol no, repo is the function for banks to expand their reserves to afford lending. That's literally how money creation works in the modern economy their not "paying them" they're just setting the government rate for reserves
