@Ultragigagigantic to Lemmy Shitpost • 1 month agoThomas Edison was the Elon musk of his eraimagemessage-square140arrow-up11.76Karrow-down138file-text
arrow-up11.72Karrow-down1imageThomas Edison was the Elon musk of his era@Ultragigagigantic to Lemmy Shitpost • 1 month agomessage-square140file-text
minus-square@RestrictedAccountlink0•1 month agoLoan what? Banks can only work if someone has already made a profit that they can invest.
minus-square@[email protected]linkfedilink1•1 month agoYeah people like to save money and that’s what banks invest and offer interest on. They then hand out loans with higher interest than they pay to savers. I’m pretty sure that’s already how banks work.
Loan what? Banks can only work if someone has already made a profit that they can invest.
Yeah people like to save money and that’s what banks invest and offer interest on. They then hand out loans with higher interest than they pay to savers. I’m pretty sure that’s already how banks work.