Posted 2/19/2021 13:20 (#8844756 - in reply to #8844684) Subject: RE: Bank stocks? Higher interest and inflation?
USA
RCFarmer12 - 2/19/2021 11:48
Bank earn higher rates of return when interest rates are low. If they pay you 1% on your money in deposit and then lend it out at 4%, that is a 300% return for them. If they pay you 5% and lend that out for 8% that is a 60% ROI.