Categories
BankingTech FinTech

[Discussion] Money creation

June 30, 2020 at 01:44PM

If commercial banks essentially create money when extending loans, why do they care who is the borrower? After all its not like it is their money being put at risk. Im sure I am missing something here.

submitted by /u/andybean23
[link] [comments] via Savings, Checkings, CDs, oh my! https://bit.ly/2ZkU9dr

Leave a Reply