If we talk about banks, they are good to use as safety rooms but never for
the appreciation of our money. Our deposits in the banks is like a loan to them
on which they give us almost nothing and even sometimes charges us on our own
money for keeping it there or for using their facilities. But our money do you
think stays in Banks only. The figure which we see in our Bank statement is
just in papers. The money actually is loaned to the other people as this is
only the bank moves mostly in every country of the World. The money of us is
given at a good interest to other big people who do business with it and sell
their manufactured things to us people only. They makes good money and even pay
back to the bank which makes them prosperous . In return bank gives us nothing
or good for nothing. Money can't stay at one place as it need to be in
circulation to make more money. But in the recent years when our purchasing
capacity has been declining by higher extent, could the Rich would be able to
pay back to banks and banks back to the us.These days we mostly hear about the
term of Credit Default. That is due to non-payment of loans and interest. The
banks are relying on the new depositors to pay immediately to the old
depositors who request for their money. If new account openings decline and all
the depositor comes to take out their money, could the bank be able to pay????
No, it will go BANKRUPT!!!!
