Abstract:
The American Rescue Plan of 2021 cause consumers to spend and put money back
into the economy in the COVID19 pandemic. As we begin to see light at the end
of the tunnel, this is good news for the banking industry and especially
beneficial to the working-class people.Here is the reality; in able for the
banks to grow, the banks need people, and the people need banks for its
money. It's a very simple complex but yet simple relationship. Think of it as
one hand washes the other. Institutions such as banks can only become bigger
if they are able to profit and capitalize from the interest it gains from its
borrowers.