Most regular folks don't think like to think about banking, just like how they don't like to think about how their car engine works.
But if you ask them to describe how banking works, they'll inevitably resort to the some version of the "giant vault" analogy. Of course, that's the wrong way to think about banking. Which the article rightly attempts to dispel.
Most regular folks don't think like to think about banking, just like how they don't like to think about how their car engine works.
But if you ask them to describe how banking works, they'll inevitably resort to the some version of the "giant vault" analogy. Of course, that's the wrong way to think about banking. Which the article rightly attempts to dispel.