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How Do Banks Make Money? [Solved]
They make money from what they call the spread, or the difference between the interest rate they pay for deposits and the interest rate they receive on the loans they make. They earn interest on the securities they hold.
How banks actually make money
Most Americans have a bank account that we use to deposit pay checks, pay bills, and save
How Banks Create Money
You can’t
Fractional Reserve Banking (The Banking System Explained)
What allows