EXPOSING how Banks MANIPULATE your Money! 🏦 #shorts

The banks are taking advantage of you and your money each time you leave money in there in more ways you would imagine. WATCH NOW to learn how it is!!

#bank #money #banking #chase #bankofamerica #financialliteracy

Banks have significant leverage over people's money because they are the primary institutions responsible for managing the financial system. They use this leverage in various ways to profit, including investing in securities, providing loans, and collecting fees.

One of the most significant ways banks leverage people's money is by accepting deposits. When you deposit money into a bank account, the bank can use those funds to generate profits. Banks make money by charging interest on loans, and they can lend out a portion of the funds deposited to earn interest. The difference between the interest rate paid on deposits and the rate charged on loans is called the "spread," and it is one of the primary sources of bank profits.

Another way banks leverage people's money is by investing in securities. Banks use their funds to buy stocks, bonds, and other securities. They can earn returns on these investments by selling them at a higher price than they paid or by collecting interest payments on bonds. Investment banking activities can be highly profitable, but they can also be risky.

Banks can also profit from fees charged to customers for various services. For example, banks may charge overdraft fees, ATM fees, or monthly account maintenance fees. These fees can add up to significant revenue for the bank and represent a significant source of profit.

Banks also leverage people's money by providing loans. Loans are a critical source of revenue for banks, and they use the funds they receive from deposits and other sources to lend money to businesses, individuals, and governments. The interest charged on loans is one of the primary sources of bank profits.

In conclusion, banks leverage people's money in various ways to generate profits. By accepting deposits, investing in securities, charging fees, and providing loans, banks earn returns on the money entrusted to them. While these activities can be profitable for banks, they can also be risky, and it is essential for individuals to understand how banks use their money to make informed decisions about their finances.

Disclaimer:
The content of this video is for informational and entertainment purposes only and should not be considered as financial or investment advice. Any financial decisions you make should be based on your own research and consultation with a licensed financial professional. The creators of this video and its contents will not be held liable for any financial losses incurred as a result of following the information provided in this video. Always conduct your own due diligence and seek professional advice before making any financial decisions.

[JelfriTorres]

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[austinwyss]

1 not all banks require a 5k minimum deposit, do your research, if the bank requires it and you can't afford it get a new bank
2 your bank account is federally insured at $250, 000, this is per account so you could have 4 accounts at the same bank with $250, 000 and every account would be insured, if you put all million in one account its your own damed fault you lose 3/4 of it