What role do the banks play in the economy of the country?
Answer:
banks are the source of investment funds. every dollar you save a large portion of that dollar is loaned to finance capital investment
They are in power and run not only the country, but the world!!!
As a clearing house for people who want to borrow money from those whom already have it.
they are legalized crooks.
We save more money by sticking our cash into a hole in the ground, but in order to do certain transactions we are setup to be robbed by these legalized highwaymen.
The role of the banks is to con everyone into going into debt.
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