Reason: None provided.
There is an interesting set of videos on this subject:
Banking is actually quite a smart system! Imagine if someone opened a long-stay car park and charged money for you to park your car there then imagine what people would think if they discovered that the car park was hiring out their cars for money while they were supposedly parked there.
Basically, a savings bank is a long-stay money park where your savings are hired out to others for money AKA interest. Even better, because it is money and not "real" that money can be lent out many times over at the same time!
5 days ago
1 score
Reason: Original
There is an interesting set of videos on this subject:
5 days ago
1 score