Kalinda Rose Stevenson, PhD's Articles in Finance - Right Article - Article Directory
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Kalinda Rose Stevenson, PhD's Articles in Finance

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  • How Banks Make Money With Your Money
    Bankers know how to create money out of thin air. In fact, banks are money factories. Banks exist to make money. You might think that banks are in business to provide services such as banking accounts and loans to their customers. It's true that banks provide essential financial services. However, the reason that the banks provide such services is that banks need money to use as raw material to create more money. Where does this money come from? It comes from customer deposits. In other words, it comes from the money you and I deposit into the bank.
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