Ah, it is like a trust, you see. The bank holds our demand deposits—money we can withdraw any time—but they lend most to others, creating more money in the system. This works because we all will not ask for our full amount together, no? In my provision store, I write cheques daily against my current account, which is just such a deposit. But when my supplier’s cheque bounced last month, I understood this trust is fragile. Still, like my study for the exam, we proceed on hope for ‘one more attempt’ at stability.
#money#career
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