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Hut
2021-01-14 08:15:18
Banks channel money from savers to borrowers to
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Zetta542
2021-01-14 10:31:33

Banks channel money from savers to borrowers in order to make money off of the "interest" that is charged by the bank to the person or firm taking out a loan. A portion of this interest is also paid to the original "saver". 

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