this post was submitted on 24 Jun 2024
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[โ€“] Godric@lemmy.world 3 points 4 months ago (1 children)

Wait till you hear about how your bank account gains interest, hooo boy

[โ€“] OneWomanCreamTeam@sh.itjust.works 2 points 4 months ago (1 children)

I'm horrified to ask, but what do you mean?

Probably something about how your bank account only earns interest because banks can lend out a fraction of that to make money. Otherwise they would just be like a vault service who you have to pay to keep your money safe (basically negative interest).