How Come Banking Institutions Want Our Deposits? Hint: It Isn’t In Order To Make Loans

How Come Banking Institutions Want Our Deposits? Hint: It Isn’t In Order To Make Loans Numerous authorities have said it: banking institutions usually do not provide their deposits. The money is created by them they lend to their publications. Robert B. Anderson, Treasury Secretary under Eisenhower, stated it in 1959: Each time a bank makes […]