• Banks don’t loan out depositor’s money?

  • Jul 28 2024
  • Length: 7 mins
  • Podcast

Banks don’t loan out depositor’s money?  By  cover art

Banks don’t loan out depositor’s money?

  • Summary

  • Most people think banks take in deposits from people and then lend that money to those who want to borrow from them. Nothing could be further from the truth. Banks take deposits and make but they don’t loan out depositors’ funds.

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