Quote:
Originally Posted by Nebe
You guys are insane if you think that parking millions or billions in a bank account Ian”returning it back into the economy”.
Posted from my iPhone/Mobile device
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You are insane, more accurately ignorant, if you deny it.
Nebe, where do you suppose banks get money to make loans, so that people can get mortgages and open businesses? They are lending the depositors' money. If there are no depositors, the bank has no funds to make loans.
Turn off MSNBC and read an economics text.