Of course, it feels good when your bank gives you small amounts of interest every once in a while. It almost feels like you’re the one making money. But, have you ever wondered how do banks make money? No? don't worry, we have simplified this for you. Let's get into it! #pagarbooklagaobusinessbadhao #abbusinesshogasmart #banks #finance #banking #profit #deposit #fractionalreservebanking #money #business #bank #economy #cash #payment #investment #interestrates #reservebankofindia #reservecash #mo
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Of course, it feels good when your bank gives you small amounts of i…
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This is how you can make money off of banks This is also how banks make money off of normal deposit customers The banking system is deeply rooted in leverage to profit They borrow money from the Fed at the Fed Funds rate and usually mark it up 4% So the interest rate you pay is based in the Fed Funds rate and not what the banks choose, to a degree So learn to leverage, just like banks do and just like wealthy investors do 👉👉 @samfasterfreedom #banking #leveragedebt #creativefinancing #realesta
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This is how you can make money off of banks This is also how banks m…
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