[Chugalug] Chugalug Digest, Vol 14, Issue 36

Stephen Kraus ub3ratl4sf00 at gmail.com
Fri Sep 6 15:34:33 UTC 2013


I have USAA. What banking fees?


On Fri, Sep 6, 2013 at 11:30 AM, Rod <rod-lists at epbfi.com> wrote:

> **
> Yes and no. Banks pay interest on deposits so that they can loan that out.
> Right now that interest is at historic lows. But it hasn't also been that
> way.
> But I will agree with you banking fees  have gotten out of hand.
>
> ---------------------On Fri, 06 Sep 2013 10:09:24 -0400, Aaron welch <
> n2nightfall at gmail.com> wrote:
> We PAY banks to hold OUR MONEY today.  They get to make money for holding
> onto our cash.  They make money creating loans against OUR funds in their
> accounts.  Governments create and spend currency at their leisure without
> regard for the overall value of that currency.  In fact, the US government
> does not even control its own currency, the Federal Reserve does.  I think
> of BTC as a way to gain a little more control of my own destiny back from
> the vultures.
>
> .opera.com/mail/ <http://www.opera.com/mail/>
>
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