Banks & Central BanksBanking
What a Bank Really Is
A middleman between savers and borrowers
Your bank pays you almost nothing to hold your money, then rents it out for much more. That gap is the whole business.
You'll find out
- How a bank earns its living
- Where the word bank comes from
- The bank that's older than America
Why it matters
Every deposit is a loan you make to your bank. Knowing what it does with yours changes how you see your balance.
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