GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 4 months agoBeing poor is expensivelemmy.worldimagemessage-square25fedilinkarrow-up1553arrow-down17
arrow-up1546arrow-down1imageBeing poor is expensivelemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 4 months agomessage-square25fedilink
minus-squareGodlessCommie@lemmy.worldOPMlinkfedilinkEnglisharrow-up3·4 months agoUS banks do not lend based on deposits. Loans are issued by the federal reserve and maintained by the issuing bank.
US banks do not lend based on deposits. Loans are issued by the federal reserve and maintained by the issuing bank.