Quote:
Originally Posted by ar81  What does a bank produce? Nothing...Banks are not a service. In a service you pay and you get something useful in return. In a bank they give you money, then take it, and on top you pay interests for it. |
Really?
Is this a reference to bank loans and/or credit cards? Ever thought about
why it is that they give you money to then take back and require interest?
Maybe, just maybe, it's because they provide the service of
credit? In other words, they offer the rental of money at a useful time? Read up on the concept of the time value of money and you'll see how absurd your statements above are.
Quote:
Originally Posted by ar81 Or insurances? Nothing. |
Wow. A whole bunch of people in this country are quite up in arms about health insurance. You might want to explain to them that insurance provides nothing.