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That's a poverty problem not a banking problem. If you keep a $1000 balance in a checking account, your bank is making $5/mo from your interest. Like every ot
by fjsolwmv 8y ago
That's a poverty problem not a banking problem. If you keep a $1000 balance in a checking account, your bank is making $5/mo from your interest.
Like every other thing poor people can't afford, it could be solved by UBI/EITC/negative income tax, or direct service if you like big government, but banking isn't special.