Before the 1970s, banks were banks. They did what banks were…

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Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college. — Noam Chomsky

Tags: #Family, #College, #Purpose, #NoamChomsky, #American, #Activist

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