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0 pointsmartinkallstrom15y ago0 comments

So it follows that the majority of businesses does not make trillions of dollars either. :)

Still, there are several businesses that are making on average over $100-500/year profits on me. More or less my bank, car maker, gas station, energy company, furniture store, favorite soda brand, supermarket, fast food chain... what else? Scary thought.

0 comments

hessenwolf15y ago

Your bank might not be. They are often just acting as a middle man and lending money to you that they borrowed from the bond market, taking the spread as their admin expenses.

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0 pointsmartinkallstrom15y ago0 comments

So it follows that the majority of businesses does not make trillions of dollars either. :)

0 comments

hessenwolf15y ago

Your bank might not be. They are often just acting as a middle man and lending money to you that they borrowed from the bond market, taking the spread as their admin expenses.

j / k navigate · click thread line to collapse