When you put your money into a bank account you are loaning the bank your property. The bank then uses your money to make income for the bank. When the bank loans you money they charge you interest based on the Prime Rate, but when they borrow it from you they pay you next to nothing to use it. Now, why shouldn’t YOUR money work equally as hard for you as it does for them?
Without the public's money the bank doesn’t exist. Don’t you think it makes sense that the bank should show us its gratitude for our generosity and faith by rewarding us with a decent interest rate on the money we lend it through our savings accounts?
Demand number 3 is that we now require the bank to pay interest on all monies we loan to it, at the same rate as the prime lending rate, with the provision that the rate of interest paid the account holder will never fall below a minimum rate of 4%.
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