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

Brown, Ellen
http://www.counterpunch.org/2014/10/27/why-do-banks-really-want-our-deposits/

Publisher:  Counter Punch
Date Written:  27/10/2014
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.

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