basic economy

Dear Daniel,
The bank has your money. They play the markets with it, and give out loans with it, so that they make more money out of it which they can do interesting things with, such as

• pay your interest by the end of the year
• pay their employees wages high enough to prevent them from feeling the urge to take your money in a very corrupt way
• helping people buy themselves a house, or a car, or something else which costs so much money that they need to get a loan to be able to afford it.

It's kind of important to them. After all, it's their business model. Your government should help protect you against the bank spending too much of your money as venture capital. Ask your local economy teacher for more details.

Love,
Wouter