The bank doesn’t store your money, it turns around and lends it to someone else, hoping that the interest it receives on that debt (eg. a mortgage) is greater t

The bank doesn’t store your money, it turns around and lends it to someone else, hoping that the interest it receives on that debt (eg. a mortgage) is greater than the interest it pays you. While I don’t agree with the overall ‘money is debt’ statement, it is definitely true that you lend your money to the bank. You don’t park it like a car. This is why there can be times that you ask for your money and they don’t have it (the reason for FDIC insurance).