The Mudcat Café TM
Thread #131082   Message #2954807
Posted By: Q (Frank Staplin)
29-Jul-10 - 07:18 PM
Thread Name: BS: Who Owns your Social Security?
Subject: RE: BS: Who Owns your Social Security?
Money deposited in banks is never idle.
It is loaned out to businesses so that they can start up or expand, to individuals to buy houses or cars; interest accruing to the depositer pays, at the least, living expenses, and if spent, supports the economy.