This is not an economic bailout thing that we have seen happen recently in this country. No this is some concoction some brilliant financial genius came up with many years ago. To get the public to loan business money without them even knowing that they have loaned the money out.
Now let me show you the greatest hustle that man ever invented. If you give the bank X amount of dollars they in turn give you a fraction of that money back in the form of interest but pennies on the dollar. After they get you to give them the money they in turn use it to purchase commodities and loan money to consumers. The bank charges in most cases on an average of 10% but actually pay out less that 1% then charges you fees to access the monies that you have loaned them. This is worst than loan sharking.
Believe it or not we have become totally dependent on the banking system as it is; we cannot and will not survive economically without it. The genius part is that it has balanced the economic state of our generation. Who knew that robbing people of their hard earned money then finding a way for them to pay for it would create stability in a chaotic world full of multiple currencies?
I’m not saying take your money out of banks and put them into a mattress. What I am saying is find a way to pool your resources and get the banks to loan you back some of the money they have borrowed from you.
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