Why Do Banks Really Want Our Deposits?
Hint: It's Not to Finance Loans

http://www.counterpunch.org/2014/10/27/why-do-banks-really-want-our-deposits/
Date Written:  2014-10-27
Publisher:  Counter Punch
Year Published:  2014
Resource Type:  Article
Cx Number:  CX16872

Many authorities have said it: banks do not lend their deposits. They create the money they lend on their books.

Subject Headings

• Bank Accounts
• Banking
• Banking Industry
• Fictitious Capital