Banking is necessary. Banks are not.
– Wells Fargo
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One comment about this quote
One comment about this quote
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The quote suggests that while the concept of banking, which involves managing money, transactions, and lending, is important for society, the specific institutions known as banks might not be essential. It implies that the traditional way of banking through specific companies like Wells Fargo may not be the only means to fulfill these financial needs. With advancements in technology, alternative methods, like online banking or financial services offered by various entities, could also effectively serve these purposes without relying solely on traditional banks. Essentially, it emphasizes the necessity of financial services but questions the exclusivity of traditional banking institutions in providing them.