brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
Wow....I've tried putting this in my own words and you still don't get it so I guess it's time to give you a reading assignment
again, it's not complicated....
https://www.thebalance.com/what-are-federal-reserve-funds-how-the-funds-market-works-3305841
and although this article is dated the main points about banks profitability are discussed
https://www.fisherinvestments.com/en-us/marketminder/mending-lending
"Banks make money on the spread—the difference between short and long-term interest rates. Banks borrow short term (checking and savings accounts) and lend long-term (mortgages, business loans). The difference between those two is banks’ core business, loan revenue. "
Hahaha, Fisher investments! Good luck, you will need it.