Quote:
Originally Posted by PsYcNeT
Considering the Average American Savings account has less than $20k in it, and the Median Savings account has under $5k, your point isn't quite as effective as you think.
Let's not get all Reagan and faint because No One Cares About The Job Creators
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Again, you're not getting it.
Banks work by depositing money from rich people, and then lending it to poor people at interest. If there's no rich people money in the ####ing bank, there's not money available to loan to poor people who aren't the surest ####ing bet at returning on investment. Nobody who isn't worth the risk is getting money.
We are all connected, rich and poor alike. This is just one example.