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the first banks didn't lend money, they were just places to store money

their business was cashing checks. That was all they did. It...
Jared Baumeister
  02/23/26


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Date: February 23rd, 2026 11:23 PM
Author: Jared Baumeister

their business was cashing checks. That was all they did. It wasn't even "profitable," it just needed to be functional

(http://www.autoadmit.com/thread.php?thread_id=5837827&forum_id=2...#49690832)