Do you like the picture?
Yes. I think it is very energetic, powerful, and also surprisingly alluring
I only think it is a problem when the government does by printing cash.
the one with banks don't cause that much problem since they are private companies who care about their bottomline and won't just do things carelessly like the government.
Whenever this is discussed I always see people asking why the government doesn't just print more money so poverty would magically cease to exist lol.
It's a cute kindergarten idea but
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saying africans are baboons but in a diplomatic way. i completely agree.I genuinely wouldn't be surprised if African banks were making use of the intermediary form of banking in light of how depressed our economies are.
saying africans are baboons but in a diplomatic way. i completely agree.
The Sparkassen are a group of savings banks that have been operating across Germany since the first one was established in Hamburg in 1778. They were born of the need to invest in the country and in German society, and they maintain close ties to local communities. Banks are located all around the country and they are managed by an umbrella organisation Deutscher Sparkassen- & Giroverband (DSGV). They are established by law with a mandate of public service and regional development, and their success is measured based on their impact on local communities rather than on traditional economic requirements.
"The Sparkassen are most notable for the public welfare mandate they have, whereby stakeholder value is the key objective not shareholder value. The Sparkassen have the lion's share of the market for SME financing in Germany at 70% with an overall 42% market share of business financing generally. As of 2014, the 423 Sparkassen had 15,300 branch offices with 245,000 staff and a business volume of €1,106 billion."
The money supply is a very interesting topic, I will tell you more soon
I don't know much about the financial world..