LogFAQs > #923917192

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, Database 5 ( 01.01.2019-12.31.2019 ), DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Do overdraft fees contribute to inflation?
8-bit_Biceps 06/27/19 10:53:44 AM #10:	Romulox28 posted... 8-bit_Biceps posted... Well I guess we could analyze it from another perspective and say that it sets anyone back $30+. So the banks get that money instead of some other part of the market that's more closely related to basic survival and living expenses, which would bring costs down for that stuff I think...and also more jobs because there would be more money going into those other markets. So the bank takes jobs away in that way, I believe. And then increases prices too in that way...and this leads to people needing to use the banks more because they're more desperate for cash. lol this is an absurd thought process How so? If people can afford more widgets, then more widgets have to be made. Producing more stuff takes more effort and that usually entails more jobs. <cite>8-bit_Biceps posted [p:923917192] in Do overdra... [t:77822717]...</cite> <quote><cite>Romulox28 posted...</cite> <quote><cite>8-bit_Biceps posted...</cite> <quote>Well I guess we could analyze it from another perspective and say that it sets anyone back $30+. So the banks get that money instead of some other part of the market that's more closely related to basic survival and living expenses, which would bring costs down for that stuff I think...and also more jobs because there would be more money going into those other markets. So the bank takes jobs away in that way, I believe. And then increases prices too in that way...and this leads to people needing to use the banks more because they're more desperate for cash.</quote> lol this is an absurd thought process</quote> How so? If people can afford more widgets, then more widgets have to be made. Producing more stuff takes more effort and that usually entails more jobs.</quote> ... Copied to Clipboard!
Topic List	Page List: 1