Then when you want to withdraw, you pay some more to get your own money.
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05-20-2024, 09:53 PM #1
We pay banks to keep our money, which they lend out to others at high rate
Disclaimer: The post above is about 3.50% srs
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05-20-2024, 10:24 PM #2
- Join Date: Feb 2013
- Location: East Coast, Australia
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Wrong
They lend out multiples of money they don’t have
Look up fractional reserve banking
Also collateralised debt obligations lolBy reading this post you acknowledge r32gojirra is an online persona and all posts by r32gojirra are satirical in nature. Comments by r32gojirra shall not reflect on the integrity and morals of the author portraying the online character nor any professional or contractual affiliates of the author.
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