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In Reply to: RE: One big difference posted by Charles Hansen on October 31, 2017 at 21:06:05
>>all the banks do is make money investing your "savings" in the markets (or worse yet, derivatives)<<In our fractional reserve banking system, where money creation is debt based (read: money created out of thin air by the private banks) and the private Federal Reserve prints trillions of our fiat money through QE (which we pay interest on), the banks don't need our measly savings to invest in the markets. The "market" is their playground and it's rigged - plain and simple.
Edits: 11/01/17Follow Ups:
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