People Underestimate the Value of a Good Ramble

Saturday, July 30, 2011

Thoughts on Banking


How come banks can charge almost 30% interest on money they loan out, but pay less than 1% on our money in savings that's essentially loaned to them?

Seriously, someone please explain it to me, cause I don't get it.
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2 comments:

Julienne said...

I can actually hear you saying that in my head.

July 31, 2011 at 1:41 AM
Toni said...

It's almost like you know me.

August 5, 2011 at 6:56 AM

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