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FreeHugs
1185 days ago
The FED lends someone money? Whom do they lend money?
1 comments
the_mitsuhiko
1185 days ago
Commercial banks.
link
FreeHugs
1185 days ago
Really? I have never heard about the process of banks lending money from the FED.
Do you have a link where this process is described?
link
the_mitsuhiko
1185 days ago
https://en.wikipedia.org/wiki/Discount_window
link