Cravens2076 Cravens2076
  • 06-11-2017
  • Business
contestada

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

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Kalahira
Kalahira Kalahira
  • 15-11-2017
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.
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