Banks are like good hygiene, like brushing teeth and wearing underwear. A thankless resource, though someone needs to do it. People don’t like bankers, but they need them. People don’t like bankers because they need them. I explained why in the second post I ever wrote. But how does banking work?
What Is a Bank?
Essentially, banks take your money and give it to somebody else. You could put your money in a sock under the mattress, but it’s a bit safer to choose someplace with big steel vault doors and complicated locks. Like Gringott’s. A bank might hold a Philosopher’s Stone, the royal treasury of the Lannisters, or the wealth of the InterGalactic Empire (who had Storm Troopers handling security). Modern banks spend huge sums on strong encryption systems–online vault doors–to keep your money safe.
Suppose your cousin Marvin wants to open a business, a combination sushi and ice cream store. Hey, they both need ice, right?! That’s Marvin’s business plan. The bank gives your money to Marvin as a loan.
Two problems here. First, Marvin may need more dough than your puny deposits, so the bank has to convince more friends and gather enough deposits in order to give out loans. Secondly, you may need some of your money back before Marvin can attract enough customers. He’s trying–he’s got the slogan: Come for the Eels, Stay for the Sprinkles! This is called a problem of liquidity.
Accountants invented writing, money, international commerce, the middle class, and spreadsheets. When Genghis Khan would take over a city, the first people he’d send in would be the accountants. The Egyptians, the Babylonians, the Romans, the Tang dynasty–most of the huge empires and great civilizations thrived because of their accountants. Truly, as Max Bialystock says to Leo Bloom in “The Producers”:
You’re an accountant! You’re in a noble profession! The word “count” is part of your title!
It is once more the first of April, the first day of the A to Z Blogging Challenge. Last year, I started writing A to Z about a subject (the Olympics) and still Haven’t STOPPED… stay tuned for exciting news along those lines in a few days.
This year, I am challenging myself to keep the entries super short. I won’t air my specific goal publicly, but I promise, Dear Readers, S-H-O-R-T. Suffice it to say, there will be 26 days worth of topics on the history, sociology, fun facts, and weird stories about Accounting, my noble profession.
I didn’t want to write today’s post because there’s no letter involved.
Amateur! hissed the little voice inside me. Best you just abandon your website! Can’t even toss off a self-centered little entry about writing? Don’t you have any self-respect at all? Even the little voice was unpersuasive. Fatigue ran through my body. Guts burned. Hackles raised.
I redoubled my efforts, reminding myself that I’d done it before and could do it again. Just when I felt my creative engine restarting, however, despair loomed again. Keep going, I told myself. Little efforts will make a difference. Mountains of ideas seemed to float just out of reach, though. None seemed to land where I wanted. One tantalized me, just up there…. Possibly in my grasp, but no. Quite out of reach.
Ridiculous, this notion of automatic writing. Suppose I did come up with an idea? Then, how do I sustain it? Unless there’s some sort of core backbone, I don’t know how to move from the beginning to the middle. Voids open up in the plot. Where does it end, and how do I keep from repeating myself? Xerox copies of previous sentences seem to be the best I can muster. Yet, I soldier on. Zombies are banging at the door, but…. wait how did zombies get in here?