Why the banks dont give free money? Why they loan it?

[catch.me.if.you.can]

The loans will be replaced by subsidies, in the near future.

[1714002008]

1714002008

[1714002008]

1714002008

[1714002008]

1714002008

[john2231]

Banks are business thats why they are not giving free money loan is one of their business that they can give interest depends how much you loan..
This is the only business that they can get interest for every each borrowers.

[Zadicar]

Banks offer to loan to create more money, only to offer it again for someone in need to create even more money! Well honestly, I view banks as middlemen for the wealthy investors wanting to create more money and for the average people wanting to borrow some money in order to grow their own. Banks only officiate the loan, creates terms for it, and impose an interest rate on top of the loaned money. That interest would then go to the bank after the money is returned. Banks need to do this in order to profit, and it is simply a business, that's why no bank has ever given the masses free money because like us, they need to earn something.

Very well explained sir,  banks do those things in able to earn more money. They make loans on people so that it would gain profit in long term and they uses the   money of the bank depositors itself especially to those  big  holders. Bank wouldnt exist after all if they dont do those things.

[ecommerce]

The loans will be replaced by subsidies, in the near future.

I do not think it happens it many countries, only rich countries can do it.

[Leonard2016]

Banks offer to loan to create more money, only to offer it again for someone in need to create even more money! Well honestly, I view banks as middlemen for the wealthy investors wanting to create more money and for the average people wanting to borrow some money in order to grow their own. Banks only officiate the loan, creates terms for it, and impose an interest rate on top of the loaned money. That interest would then go to the bank after the money is returned. Banks need to do this in order to profit, and it is simply a business, that's why no bank has ever given the masses free money because like us, they need to earn something.

Very well explained sir,  banks do those things in able to earn more money. They make loans on people so that it would gain profit in long term and they uses the   money of the bank depositors itself especially to those  big  holders. Bank wouldnt exist after all if they dont do those things.

loans are only one of the many ways banks use to earn mony but essentially yes, they give out loans and take it back with a lot of profit over time to make a good business and earn more money.

[Yakamoto]

i think my answer was because if the banks give money it can't give the millions or billions of us each people that's why loans are tge perfect way for them to earn money in the termsof interest.

Some people just want free money because they can't get a job or anything similar. They want to go and complain to the banks, those who have money, whoever, and they want them to give them money because "It's not fair they have the money" or whatever.

Having loans and interest are some of the better things to have, it makes sure people don't become lazy or complacent.

[universe_]

I don't think it's how the banks works. Because banks also need money to pay their workers and if the banks give free money, people on that country no need to work and their country will be stagnant.

well yeah but banks actually make a lot of money out of people deposits, i think that they could give people free money but they are too greedy

[iv4n]

If they just give free money nobody would work. And interest from loans is how they make money mostly. That is the system where rich get richer, and that is why they loan it, to keep us in slavery and to make us to work to give them back the money.
That will never stop, sometimes I wonder how will bank accept blockchain when they have system that work quite good for centuries. Its gonna be tricky when they make some decisions.

[richardsNY]

It's very simple, a bank is nothing different than any other company in the way that it needs to make profit. Look at it from that point, and ask yourself why they would hand over free money to people? Doesn't make sense, right?

[rekinthis]

I don't think it's how the banks works. Because banks also need money to pay their workers and if the banks give free money, people on that country no need to work and their country will be stagnant.

yeah banks just cannot give out money for nothing, its their business and there is no reason why they should do that though thats just my opinion

[Jannn]

i think my answer was because if the banks give money it can't give the millions or billions of us each people that's why loans are tge perfect way for them to earn money in the termsof interest.

It is easy to give millions of dollars people. If we are all rich, nobody will work, so your money is worthless. Hyperinflation will happen!
That is why only a few can be rich, and the rest has to work (for the rich).

[Xenophoto]

This is absurd. Imagine yourself giving your money to everyone. You can't, can you? If all the banks in the whole world would give their money to people, then money would have no more value. We will go back to the barter system where we trade goods in exchange to another goods. Money has been a strong force for people to work their whole life, if banks just give money away in exchange of nothing, then people wouldn't work anymore.

[Doamader]

It's very simple, a bank is nothing different than any other company in the way that it needs to make profit. Look at it from that point, and ask yourself why they would hand over free money to people? Doesn't make sense, right?

For sure it makes sense, as you stated banks are companies, and well they give us money as long we save or apply it at them, soo the question is they charge a high fee and pay a very low interest, soo those should be readjusted as the money from their services come from their costumers.