In the fourth quarter of 2024, increased economic pressures continued to affect households in the United States. With inflation at 2.9% by December, 65%
The interest does not come from lending the money. Heck, the DEBT doesn’t even come from lending the money. Banks can basically create money to loan with out of thin air thanks to fractional reserve banking.
The interest does not come from lending the money. Heck, the DEBT doesn’t even come from lending the money. Banks can basically create money to loan with out of thin air thanks to fractional reserve banking.