Banks are not companies. They are allowed to create money out of thin air [1], unlike a "normal" company. They are heavily regulated by the government, unlike o

Banks are not companies. They are allowed to create money out of thin air [1], unlike a "normal" company. They are heavily regulated by the government, unlike other companies. They are in fact an essential service in today's world. [1] http://www2.harpercollege.edu/mhealy/eco212i/lectures/ch13-17 http://www2.harpercollege.edu/mhealy/eco212i/lectures/ch13-1...