The Fed increases rates at a fractional level but by bit over the last while. The rates at which the banks loan to people have increased. The rates at which the banks pay people for their deposits hasn't increased to the same degree. Money is made at the expense of the individual
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In This Episode:
The Fed increases rates at a fractional level but by bit over the last while. The rates at which the banks loan to people have increased. The rates at which the banks pay people for their deposits hasn't increased to the same degree. Money is made at the expense of the individual