What the fuck do you think they buy stocks with, dipshit?
Your wealth.
Your retirement.
Your savings.
What the fuck do you think money in a bank account gets used on? What do you think your retirement account money gets used on? Liability is never (((theirs))) and is always yours.
This flipped that script and it's hilarious.
Any bank's assets are mostly fake.
Fractional reserve banking at 90% was a joke, and we might be at 100% made up money by now.
The ponzi scheme is set up to increase the assets of the rich, while all us plebs get to be their wage slaves.
The gamestop losses will be covered by either a bailout or by making more fake money, and is couch change compared to the rest of the trading markets.
There are trillions of securities being managed daily with zero backing. The house of cards is being propped up with fake money and fake fed bailouts, and only stays "solid" as long as us plebs don't disrupt their game by trying to take some of "their" money.
100% of the "risk" and "liability" that banks and jews have on any (((investments))) they make are purely shouldered by the goyim.
To be fair and honest Fractional reserve banking makes sense in extreme cases. If I were to be a multi billionaire and keep a good portion of that in "cash" in my bank account. There's no reason for the bank to have to have my billion dollars at any specific or local location.
However the way it's done where banks get to use your money with ZERO liability to themselves (all loss is seen by the bank account owner and not the bank) with an interest rate not decided by the account holder but by (((the Fed))) is fucking stupid.
Maybe I'm just using the term incorrectly to describe something different. But at the end of the day if I were to own 2 homes in two very far away states, how the fuck is each bank in each location supposed to be able to return 100% of my funds? That's kind of absurd to want.
If I'm being confusing please say so and I'll try to clarify.
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
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