Bob Eddy Z
@falconeddyx
06 March, 03:15
- House in America cost $400,000
- At a 6.26% interest rate over 30 years
- The total amount paid would be $929,520
You just paid $929,520 for a $400,000 house
Someone please explain to the American People how this is not Usery
- At a 6.26% interest rate over 30 years
- The total amount paid would be $929,520
You just paid $929,520 for a $400,000 house
Someone please explain to the American People how this is not Usery
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A bank, can loan x10 the amount of its holdings... ie it can loan 10k, when it only has 1k in its vault... the 9k it does not have, it gets intrest for...
So, it makes money for nothing... literally.
So, it makes money for nothing... literally.
04:18 PM - Mar 06, 2025
In response Bob Eddy Z to his Publication
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