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What else can I help you with?
How does Peru get its money?
The Peruvian government prints it and Peruvian banks distribute it.
In order to distribute money does the government sell money to the banks?
No, the Government does not sell money to the banks. Instead they loan it to them at very low interest rates. The banks borrow money from the central bank a.k.a the government to use for their operations and repay the money along with the interest to them.
Who distributes money in the US?
The federal reserve banks distribute the paper money that is printed by the Bureau of Engraving and Printing under the Treasury Department.
Who distributes printed money in the US?
The federal reserve banks distribute the paper money that is printed by the Bureau of Engraving and Printing under the Treasury Department.
What do Food Banks Distribute?
food
How bank create money?
Money is CREATED by governments, not banks. They store money. Banks also EARN money by loaning money to people. People pay the banks back more money than they borrow (interest)
Do banks iron money?
Banks do not iron money as this would burn it. The Royal Mint, who make the money, make it flat when it is made, and then send it to the banks like this. Ironing money is not recommended :)
How do banks use money?
they use money for money
Are banks out of money?
no
How does bank earn profit?
The way banks earn money is basically a two-step process. First, banks borrow money from other banks as well as from their depositors. The banks then loan that money out to businesses and people, and charge them a higher rate of interest than they are paying on the money. Banks also earn money by charging fees for services they offer.
Who lend money?
Money lenders and banks.
Is it illegal to possess or distribute fake Jesus money?
Yes, it is illegal to possess or distribute fake Jesus money as it constitutes counterfeiting, which is a criminal offense punishable by law.
