1. Banks do not need deposits to lend money to ordinary people. They lend money from FED, which 'prints' them. 2. If interest rates are low then Banks profits

1. Banks do not need deposits to lend money to ordinary people. They lend money from FED, which 'prints' them. 2. If interest rates are low then Banks profits should be also low because of small difference between deposits and lending rates. Am I right? 3. Just like casinos in Vegas need capital donors, the ultimate casino also needs capital donors. Don't want to play on Wall Street? No problem, your pension fund (dumb money) is more than enough.