Archive for the ‘Bank Profits are HUGE’ Category

Misunderstood Banking Tactics

1.  Cash Back Credit Cards charge the businesses 3% of every transaction whenever you use your credit card. And that is on top of a monthly fee they charge just for the privilege of being able to accept payment from you with a credit card versus cash or cheque. The bank does not give you […]

December 20, 2011 · Jennifer · No Comments
Tags:  · Posted in: Bank Trickery

How Banks Profit From Your Deposits

Below is an Example of Velocity at work for a bank. What do you care about a banks velocity? This portrays what they do with your money and why the financial system is set up to prevent you from doing this for yourself.

February 10, 2011 · Jennifer · No Comments
Tags: , , , , , , , , , , ,  · Posted in: Bank Profits are HUGE, Bank Profits on CD, Central Bank, RATE of RETURN, Volume & Velocity