Forum Post: Understand how banking works and how it came to be...
Posted 13 years ago on Nov. 2, 2011, 2:08 a.m. EST by cincyguy
(8)
from Covington, KY
This content is user submitted and not an official statement
Posted 13 years ago on Nov. 2, 2011, 2:08 a.m. EST by cincyguy
(8)
from Covington, KY
This content is user submitted and not an official statement
How banks work? They charge you a fee to hold YOUR money which they use, in turn, to make risky investments which earn them billions in profit-none of which you see because the paultry 2% they pay in interest barely covers the fees.