However when a bank customer screws up there is a fee, when a bank screws up there is none (well not really anyway). And when most/all financial institutions act in a similar/identical way, do we really have a choice? (note: I cannot comment on local/regional small banks, you may have a good one? I don't know)

The fees are where the banks are now making big money. However due to low interest rates, depositors (mostly responsible Middle/working Class people)are loosing money everyday their money is in a bank. (albeit low risk mind you) Wages are not going up, prices are. Inflation is based on cost of living and wages. The way to mask inflation over the short term is to depress wages. Wages for the lower 95% are being depressed worldwide.

The easy blame is on the China/Asia region, when in fact it is the multinational banks. No, many smaller banks do not fit this mold. Contrary, many USA banks (my country) are the queen of this, and London is the King(due to slightly less regulations, same corporations though).



Should we keep money in our mattresses? Technology is getting cheaper by the day, but it is not the type of technology that lowers the costs of the necessities to live. This post is getting too long, and conviluded... Ask me about price vs value when I am truly drunk, it's fun