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What if the Bank Goes Bankrupt?
The interest rate is if you loan someone a money for a house and it's 5% or whatever, then if you put 100 grand and you get 5,000 back, right? You get 100 plus the extra five. And you get paid that for taking on risk. Interest is a function of risk. That's how it works. So when the bank has your money, I said they loan money out. You know who they loan it to a lot of times? The US government. Now, which one is more likely to go out of business? A bank or the US government? Well, let's see,. Who's gone out of business in the last 100 years? Banks or