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What's a scam that's so normalized that we don't even realize it's a scam anymore? (lemmy.world)

submitted 4 days ago by Basement_Dweller@lemmy.world to c/asklemmy@lemmy.ml

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[–] TORFdot0@lemmy.world -1 points 2 days ago

Banks also pay the depositors interest so you should want the bank to make money. Unless you suggest that we should be storing our money in coffee cans and burying them in the yard. In which case, your money is even less valuable due to inflation and their is less money for the bank to lend to you community.

That being said banks should be regional and community focused and should never be allowed to grow to the size where if they make bad investments it takes our entire financial system down with it.

Banks like Goldman Sachs, Bank of America, Lehman Brothers etc are scams