So if banks made a 1% point profit back in the 80's interest rates were 17% so they made 6% ...today are 3% so they make 33%
Numbers can show anything...
Yes banks are making money... what ROI when you add up how much invested ??
Best way is to avoid banks, but you know what, unfortunately most need them... not many other choices out there for most.
- Forums
- Economics
- Banks are ripping us off
Banks are ripping us off, page-2
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm