Tuesday, December 22, 2015

Big Bank-Little Bank




     Tiffany taught me a game when she was in high school. Strangest game I ever played, but apparently one of her friends made it up and they played it all the time. Anyway- the game works this way. Whoever has the most money when the game starts takes the other person's money.
     I haven't played the game for years, fifteen in fact. Last Friday, unannounced I was thrown into this roulette again. When I got my statement, I realized my big bank in town paid me one penny in interest and at the same time charged me five dollars because I only had fifty dollars in the account. Talk about diminishing returns!
     Years ago, I started with a little bank that was gobbled up in succession by larger and larger banks. Apparently, big bank-little bank plays out in the world of macro economics too.