School me on economics

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#1
I’m going to keep this really short:

How did the banks end up holding the title of the world?


Human civilization uses “money” as legal tender. Loans are taken out to attain money so resource can be had.

So the bank pays nothing for the entire worlds resource, folds it up & calls it a dollar, then turns around & sells that (at interest) to the people so people can obtain said resource?
 


darwin

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#2
In a perfect world, saver deposits money into bank. Bank pays say 2% on account. Bank lends savings account money out at say 6% and reaps a 4% profit on the services minus expenses. It gets real complicated when you throw in the Fed Reserve and it's operations regarding banks.
 

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#3
In a perfect world, saver deposits money into bank. Bank pays say 2% on account. Bank lends savings account money out at say 6% and reaps a 4% profit on the services minus expenses.
How was money acquired in the first place?


And do you believe Justice to be universal?
 
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darwin

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#4
Poor man gets money working for rich man. Justice depends on who you know and how many 0's are in your bank account.
 

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#5
Poor man gets money working for rich man. Justice depends on who you know and how many 0's are in your bank account.

I want to know how money was introduced into society.

(And let’s not forget about the title of the world either)

Was it introduced out of bartering?
 
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