The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: bruiser98	9/7/2016 9:44:40 PM
	of 110194

Can banking be this absurdly lucrative? You loan me $10k at 10% simple interest for a year. You have to take $10k from your stash. One year later I pay you 11K. Your return on investment is 10%. The bank loans me $10k at 10% simple interest for a year. The bank credits $10k to my account by just typing figures into a computerized bookkeeping ledger. The bank contributes $0.00 from its stash. A year later I pay the bank $11k. The bank's return on investment is ?

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