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Why Do Banks Make So Much Money?

Name: Why Do Banks Make So Much Money?
Uploaded: 2011-12-14T15:22:07
Duration: 3 min
Description: Banks make so much money because they can create money, effectively out of nothing, by lending. Every single pound in your bank account was created by a bank, not by your government. Visit www.PositiveMoney.org.uk, find out more and SUPPORT THE CAMPAIGN. ...and spread the word!

Banks make so much money because they can create money, effectively out of nothing, by lending. Every single pound in your bank account was created by a bank, not by your government.

Visit www.PositiveMoney.org.uk, find out more and SUPPORT THE CAMPAIGN. ...and spread the word!

www.positivemoney.org.uk

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