"Everybody sub-consciously knows banks do not lend money.
When you draw on your savings account,
the bank doesn't tell you you can't do this
because it has lent the money
to somebody else."
--Mark Mansfield, Economist and Author
"Everybody sub-consciously knows banks do not lend money.
When you draw on your savings account,
the bank doesn't tell you you can't do this
because it has lent the money
to somebody else."
--Mark Mansfield, Economist and Author
The beauty of Fractional-Reserve Banking!
The rip off banking system! Thanks for sharing!