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notsponge [240]
3 years ago
10

What percent of the money that a typical modern bank invests comes from borrowing?

Business
1 answer:
schepotkina [342]3 years ago
8 0
<span>More than 90 percent of money a modern bank invests comes from borrowing. Today's terms allow banks to borrow money from the US government at 0% interest which they can then invest and make a return with very minimal risk to profit.</span>
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3 years ago
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