Banks borrow your money and lend it out to others while paying you little to nothing. It’s true! This is called Fractional Reserve Banking. When you deposit your money to a bank, they are allowed to lend your $1 to nine other people These 9 other people can now deposit their dollar into their bank who will then lend that 1/9th dollar to 9 other people. The result? Currency devaluation. We know this as inflation and fractional reserve banking is one of the main culprits behind it. Learn more: https://www.wealthdynamx.com/potential/
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