The banks get money at near-zero interest from the FED, so savers (and small businesses with capital float) are losing the market rate of interest income on their bank deposits. (A small business “float” can be a half million
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An article on BBC News on September 21, 2013, drew from an explosive autobiography called Power Trip by Brown's spin doctor Damian McBride, who said the prime minister was worried that law and order could collapse during . At the local level, we need to set up an alternative system that provides safety for depositors, funds small and medium-sized businesses, and serves the needs of the community. Bank loans are being shunned in favor of crowdfunding.
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