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The simplest version is that banks take in money from savers and lend this money out to borrowers. However, this is not actually how the process works. Banks do not need to wait for a customer to deposit money before they can make a new
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Alfie’s 2025 Year in Books
Take a look at Alfie’s Year in Books, including some fun facts about their reading.
Favorite Genres
Business and Non-fiction
Polls voted on by Alfie
Lists liked by Alfie
