Why do you think banks accept deposits at all? | Hacker News

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		eru on March 15, 2022 \| parent \| context \| favorite \| on: To avoid Finland’s tax a 1,000HP imported Hennesse... Why do you think banks accept deposits at all?

hgomersall on March 15, 2022 [–]

Mostly cheap liquidity: https://www.resilience.org/stories/2014-10-28/why-do-banks-w...

For the same reason they pay interest on deposits: https://new-wayland.com/blog/why-banks-pay-interest-on-depos...

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