How Banks Have Made WAY MORE Money Since the Fed Increased Rates!
The Fed increases rates at a fractional level but by bit over the last while. The rates at which the banks loan to people have increased. The rates at which the banks pay people for their deposits hasn't increased to the same degree. Money is made at the expense of the individual
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In This Episode:
The Fed increases rates at a fractional level but by bit over the last while. The rates at which the banks loan to people have increased. The rates at which the banks pay people for their deposits hasn't increased to the same degree. Money is made at the expense of the individual
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Could it be that we would need it to allow economic growth, which creates opportunities for the emergence of new ideas and companies, which could not compete without this system with the companies already in the industries.