>The correct way to put deposits to productive use is to make them time deposits, not demand deposits. In other words, if you have a spare $1,000,000 that you h

>The correct way to put deposits to productive use is to make them time deposits, not demand deposits. In other words, if you have a spare $1,000,000 that you have no good use for, you deposit it in some financial institution for a period of time, say a year, or 5 years, or 10 years That will not work for normal accounts where peoples salary are deposited in, they need to use that money over the month. Also my savings account, I dont know when I will need the money. There might be emergency expensive repairs needed to my house or car that I need to take from that account.