3 ms·

Why? That's not what a bank is... What would the bank do then anyway? Store cash?

• dheera 3y ago
  Yeah why not? They can also lend my money out if they want, and give me 8% interest, if so I'm interested and I would agree. Any less than 6.5% and it's a hard no-consent-to-lending-my-money because the Treasury gives me more.
  • JumpCrisscross 3y ago
    > They can also lend my money out if they want, and give me 8% interest, if so I'm interested and I would agree But you're already agreeing at prevailing rates! You have other options, and you're not taking them. Why would they pay you more for shits and giggles? > Any less than 6.5% and it's a hard no-consent-to-lending-my-money because the Treasury gives me more. So buy Treasuries!
    • dheera 3y ago
      > You have other options, and you're not taking them. I am taking them! > So buy Treasuries! I do! But everyone seems to fall for the same bank(man-fried) trap.
      • RandomLensman 3y ago
        So why are you complaining? There is no trap anywhere.