Post
Topic
Board Economics
Re: Why the banks dont give free money? Why they loan it?
by
Darwin02
on 14/08/2016, 01:43:08 UTC
I think loan is a scam. An economy needs, only, free funding and a tax system and nothing else. Do you agree?
Nope it's part of thier business to have profit when loaning people who need money,like what people investing in bank they have profit of 1% yearly investing to it, but the investor money use by the bank to loan people and earn much higher income than the true owner of money it's called bussines strategy.