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As people move money from bank accounts to money market funds, that restricts a banks ability to lend money. Trillions of dollars are moving to higher yielding money market accounts in recent months. ๐ฎโ๐จ
As people move money from bank accounts to money market funds, that restricts a banks ability to lend money. Trillions of dollars are moving to higher yielding money market accounts in recent months. ๐ฎโ๐จ