You have stated many of the problems with banks, for sure. The fact that interest is charged and set the way it is does present problems, and that stems from fractional reserve banking. In theory, a bank should only be able to lend out as much money as it collects in deposits. You or I would never be able to lend out $100 if someone gave us $10 or $20 or even $50 to start with. A bank should be an 'intermediary' where every dollar in can be used as a loan, and the interest rate the loan pays goes to the depositor, rather than to the bank. The bank would take a 'fee' to initiate the loan and maybe a tiny percentage of the interest, but that would be it. Of course that is ideal. The kikes will never let that happen. What happenen before 2008 or whenever was that every $10 of savings deposited could generate $100 in loans. So the bank gets to earn interest on $90 in fake money. At the present, I believe the fractional reserve rate is 100%, so the banks can make up as much money as they want - but I haven't bothered the check. All of this "fake money" is backed by nothing. There are no safeguards, other than the FDIC for the depositors and the fed for the bailouts. This 90%+ fake money is used for things like house and car loans, and also for investing - banks can now invest with fake money, making it even easier and less risky to pump up everything. Banks also package their loans and mortgages into new commodities and trade those with more fake money. In the big picture, this means that a bank can have $10billion in deposits, but have 100+billion in outstanding loans. Loans that start to default would then crush the bank, because to pay out after the first $10billion of depositor credit would be just imaginary. The bank may also be "speculating" in another $500billion of securities, which may or may not be on the balance sheet. This makes the gamestop bailout tiny compared to what would be needed if every bank dollar were called in. The fed "loans" banks money on a day to day basis, to settle any accounting issues, and also to pay off depositors as needed. As long as the bank has assets that satisfy the feds, then it doesn't matter "where" the money is actually stored. Each bank holds a certain amount of actual cash to allow normal transactions, and can "wire" money to itself from branch to branch to keep things flowing, but the physical cash typically comes from a magical place lol