How Saving Money Benefits the Banks

Banks are able to loan out more money, make more interest on your money and they make more money because of it. If you had $100,000 in the bank in 2008, right before the world economy collapsed, 12 years later, the buying power of that has dropped considerably. So if we think about who controls the entire financial system, it is essentially the banks. In Europe, in the EU, in Australia, all these different places, the banks are controlling the money.