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Chris Bryant: Why Warren Buffett should love Robinhood
With rising interest rates, many business models are tricking the system by using "float income" to make more money off your money.
Look who's making money off your money
By Chris Bryant
Lending your hard-earned cash to a company for free, sounds like a bad deal (for you) — particularly when it can park the money at a bank and pocket the interest itself. But, in fact, customers do this willingly all the time when they pay in advance for goods and services or entrust their money to a financial intermediary.
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