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Fees > removed from the economy This is untrue. Bank fees are not placed into landfills, figurative, literal or otherwise. At best you can say that dispositiv
by adolph 4y ago
Fees
> removed from the economy
This is untrue. Bank fees are not placed into landfills, figurative, literal or otherwise. At best you can say that dispositive decision making power for the money is changed from the transaction participants to the transaction facilitators. One might say that the leaders of banking orgs spend it on the frivolous, like large boats. The boatwright’s children might differ as otherwise they’d be beggars.
- jqpabc123 4y agoOK, removed from the *consumer* economy and placed in the hands of transaction middlemen.
- adolph 4y ago> transaction middlemen Who are in turn the consumers of other producers. The money doesn't get dumped into a never draining pool of gold in which "transaction middlemen" swim recreationally.