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You are absolutely lending money to the bank when you deposit it, and they are absolutely investing it and making money off of it. Why do you think savings acc
by tjrDL6MjB2Zwwa 4y ago
You are absolutely lending money to the bank when you deposit it, and they are absolutely investing it and making money off of it.
Why do you think savings accounts have limits on it but you get interest on it? Because it's more stable and more reliable for them.