Lonestar_logic
Republic of Texas
- May 13, 2009
- 24,539
- 2,233
- 205
Banks create wealth??
That's the dumbest comment of the week and it's only Tuesday.
Is it really?
So when you deposit $100.00, do you "Have" that $100.00? And when they lend me $90.00 of it, do I not "Have" that $90.00? Is there not now $190.00 of money supply in circulation?
Can you really be that clueless?
Edit: And it's Ok if you are, most Americans don't understand how it works. But it would be a touch ironic if you're that stupid, yet you're here accusing me of making dumb comments.
And shame on you, Claudette for 'thanking' that ridiculous post.
That $100.00 I deposited wasn't created by any bank.
Now was it?