Josh Way
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Fun With Shorts! Banks & Credit
🕑 Added 2021-02-17 13:13:02 +0000 UTCOh my! I though I'd posted this on Monday. Sorry for the delay!
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arcanetrivia
01:19 "Here, Nancy Wallace is depositing five dollars into her savings account." About $55 today; not huge, but even if she's only depositing it monthly, it's still $660 a year. (And today's FDIC insurance of $250,000 is more than double the value of the $10,000 depicted here.) 05:10 "...the cost of an expensive illness." Or of terrible wallpaper. 07:24 "...created by the bank out of the deposits made by all of us." So participate in capitalism today!
Stacy and Josh Lemonds
Mr. Hamilton deposited Hamiltons...I thought for sure you'd pick up on that. 😆
