The Money Multiplier

The Money Multiplier

Update: 2020-08-15
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When you deposit money into a bank, do you know what happens to it? It doesn’t simply sit there. Banks are actually allowed to loan out up to 90% of their deposits. For every $10 that you deposit, only $1 is required to stay put.
This practice is known...
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The Money Multiplier

The Money Multiplier