The super-rich buy bonds and put money in the banking system, the bank use the bonds/credit to lend, the borrower pays the bank interest, the bank pays the interest to the super-rich?
Have I understood that right?
The super-rich buy bonds and put money in the banking system, the bank use the bonds/credit to lend, the borrower pays the bank interest, the bank pays the interest to the super-rich?
Have I understood that right?