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Splendor
on Feb 24, 2021
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Money Creation: 344% in the Last 12mo (Fed, M1, $)
> On the other hand, it’s not immediately clear what advantage there is from the bank’s perspective in relabeling savings accounts as transactions balances.
Does anyone have any insight into why banks would relabel their savings accounts?
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Does anyone have any insight into why banks would relabel their savings accounts?