Banks own the property you use until it is completely paid off. Hence, they own 80-90% of the property in the US that still has a mortgage.
Your statement addresses personal property, your business, that exists under socialism. It doesn’t address the means of production we are discussing.
Not bank owns my property, or my sailboat. Sounds like a you problem.
No bank owns the land I am selling.
That’s just your property you have paid off. Socialism is a macro economic term that applies to populations.
Cash son, bank owns nothing.
Me too, truck, house and two boats cash. Took decades to get here though, prolly die soon. Good on us, everyone should do the same.
(post is archived)