Re: Do you pay gas and electric by direct debit?
Originally Posted by
Twink55
->
Don't forget I am an ex banker who knows how to manage money and has never been ripped off!
That's patently untrue as if you support DD, paying in advance, giving your hard-earned to someone else to look after, then you ARE being ripped off. That you fail to see that doesn't speak volumes for your banking skills TBH.
Originally Posted by
Twink55
->
Did you know that bankers want you to put money into savings or current accounts, and then lend it to other customers at much higher interest rates?
Yes of course. Centralised banking and Fractional Reserve Banking are understood by anyone who has woken up and sought to understand the fraudulent world they are enslaved in.
It's a shocking practice, totally unethical and will, one day, be outlawed. It's been going on for centuries back and forth but its age old name is of course USURY.
The problem is that people assume, wrongly, that the money in their bank accounts actually exists somewhere. Unfortunately it doesn't. If everyone walked into the bank today to withdraw their money the banks would quickly shut and the entire system would collapse. Therein lies the problem with this corrupt fraudulent practice of lending money that does not exist and charging interest on it.
The world needs to kick the greedy bankers into touch and regain control of the money printing from the likes of the Federal Reserve. If they did, the awful national debts would quickly evaporate.
Back on point, as a banker you ought to know that you can invest your money in many different places. Personally I don't invest in crappy bank savings accounts for the measly pittance they offer. They can go take a hike. I put my money in companies, stocks and shares.
No way would I be stupid enough to give my hard-earned money to energy companies to look after so that they can make lots of nice money from my money. They should coco !
I will make my own profits from it thank you.