Fractional Reserve Banking explained in exactly 500 words
www.complexitycondensed.com
Imagine if instead of paying to park your car, you got paid for it. Wouldn’t you find it strange? You might assume that the parking attendant planned on renting it out while you were away. Yet, none of us bat an eyelid when our banks pay us to park our money in them
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Thanks for sharing your knowledge
I agree with April... I understand you're not an advisor, but giving us a hint would be nice. :)
Cliffhanger! What assets other than money are in your recommended list?