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HACTEHA [7]
3 years ago
8

How do banks create money?

Business
1 answer:
aliya0001 [1]3 years ago
5 0
C

Banks do not really have any goods to sell, they’re in the business of holding money for others and loaning that money out to others, normally with interest. It is the interest off of loans that normally create income and allow the bank to have a positive cash flow.
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