2007-07-13 03:14:16 · 5 answers · asked by jai 1 in Social Science ➔ Economics
banks are the source of investment funds. every dollar you save a large portion of that dollar is loaned to finance capital investment
2007-07-13 03:36:31 · answer #1 · answered by haggismoffat 5 · 0⤊ 1⤋
The role of the banks is to con everyone into going into debt.
2007-07-13 07:04:10 · answer #2 · answered by phil8656 7 · 0⤊ 1⤋
As a clearing house for people who want to borrow money from those whom already have it.
2007-07-13 03:39:02 · answer #3 · answered by cokezero100 3 · 0⤊ 1⤋
They are in power and run not only the country, but the world!!!!!!!!!
2007-07-13 03:28:55 · answer #4 · answered by Knarf 5 · 0⤊ 1⤋
they are legalized crooks.
We save more money by sticking our cash into a hole in the ground, but in order to do certain transactions we are setup to be robbed by these legalized highwaymen.
2007-07-13 05:22:46 · answer #5 · answered by Ashamed2beHuman 4 · 1⤊ 1⤋