What do banks offer in terms of dividends and interest rates?
— Banks like JP Morgan Chase, Bank of America, Wells Fargo, and Citibank pay dividends and offer a low interest rate for holding savings.
Is it more profitable to own a bank or keep money in it?
— Owning a bank and having your money sit in it is more profitable than simply keeping your money in the bank.
How do banks use the money deposited by customers?
— Banks can legally take 90% of the deposited money and invest it, so the money shown on bank statements is just a digital representation of what they owe customers.
How can individuals understand the financial system?
— By observing influential people like Jamie Diamond and understanding how they manipulate the system, individuals can gain insight into the rules of the game and control their own money.
What is the projected debt of America by 2033?
— By 2033, America is projected to have a debt of 50 trillion dollars, which could have a negative impact on its citizens if the debt continues to accumulate.
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