Re: raises

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Re: raises

Subject: Re: raises
From: jgilger_it -at- NV -dot- DOE -dot- GOV
Date: Wed, 28 Jul 1999 16:04:11 -0700

Title: RE: raises

>And now off-topic: Why are banks allowed to pay less interest than the
>rate of inflation on the money you put in?

Because depositors like yourself leave their money in the bank. Banks pay the lowest cost for capital that their customers will accept.

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