lom to [email protected] • 2 years agoWhat's the craziest thing we just take as granted?message-square74fedilinkarrow-up171arrow-down11
arrow-up170arrow-down1message-squareWhat's the craziest thing we just take as granted?lom to [email protected] • 2 years agomessage-square74fedilink
minus-square@utiandtheblowfishlink2•2 years agoBanks use your money to invest. They only have to have a small percentage of their holdings in cash on hand so they can invest, make money, and pay you interest. Your money isn’t just sitting in a vault at your local Bank of America branch.
Banks use your money to invest. They only have to have a small percentage of their holdings in cash on hand so they can invest, make money, and pay you interest.
Your money isn’t just sitting in a vault at your local Bank of America branch.