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Why do banks make so much money
Banks make so much money because they can create money, effectively out of nothing, by lending. Every single pound in your bank account was created by a bank, not by your government.
A must see video
debt,crisis,capitalism,banking,recession,ban
Banks make so much money because they can create money, effectively out of nothing, by lending. Every single pound in your bank account was created by a bank, not by your government.
A must see video
debt,crisis,capitalism,banking,recession,bankers
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http://www.positivemoney.org.uk/
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Duration: 0:02:51
Views: 1211
Ratings: 0 votes
Submitted by:
chris
Date: 27/10/2011
Tags:
KNOW
,
Educational Video
,
debt
,
crisis
,
capitalism
,
banking
,
recession
,
bankers
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