goodluckpeace44 on (November 30, 1999 at 12:00 am)

you give away money but you charge interest, so you get more money than you have.

mcapps1 on (November 30, 1999 at 12:00 am)

@DulciJubilo Hard commodities are going to hold their value, not FIAT currency. Invest in tools, guns, ammo, gold or silver etc. Think of what you would NEED if say the world as we know it ends and walmart isn't open anymore. That xbox or LCD TV is really worthless if you have no power.

DulciJubilo on (November 30, 1999 at 12:00 am)

Not sure banks are safer than mattresses in some places these days....

biagiolembo on (November 30, 1999 at 12:00 am)

sorry, what happens to the cash when it is used to pay back loans?? does the bank keep that cash for itself??

jceja24 on (November 30, 1999 at 12:00 am)

Start a business? work for someone who got a loan? ... I people didn't need banks, there wouldn't be any

njneopatriot on (November 30, 1999 at 12:00 am)

Hmmmm .... How is a borrower considered an asset? I believe it is an educated gamble to believe I will get paid back the money I loaned out. It appears to be a system based on faith in getting a return

00dfm00 on (November 30, 1999 at 12:00 am)

They aren't really using their equity, but rather other people's money. Equity is a claim against assets; here that is initially the $1m building, then the $200k interest that came in for total $1.2m. Also, in the purest sense, the interest is payment for matching up people's savings with borrowers and assuming all risks, as still owe savers their money + promised interest.

dsadasdaa25 on (November 30, 1999 at 12:00 am)

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riccati2012 on (November 30, 1999 at 12:00 am)

pretty good for beginnners

sniped101 on (November 30, 1999 at 12:00 am)

lol, my teacher worked at coca-cola factory so my teacher knows what he is talking about... im just here for the fun :P