What is the Bank ?

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How does the Bank work ?

The Bank works by paying its cusomers to lend money.The depositing customers gains a small amount of money in return(intrest on savings,)and the lending customers pay a larger amount of money to the Bank in return(intrest on loans).To make money for itself ,the bank keeps the difference.

Did the banks cause the financial crisis ?

The financial crisis was primarily caused by deregulation in the financial industry.that permited banks to ingage in hedge fund trading with derivates.

  • Do you think the financial crisis is caused by the Banks ?
  • Do you think the Banks are are negative or positive ?

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