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Is the primary role of the Fed in this case as an arbiter for disagreements? Why can't the banks achieve the same directly between each other using an agreed up
by thinkloop 7y ago
Is the primary role of the Fed in this case as an arbiter for disagreements? Why can't the banks achieve the same directly between each other using an agreed upon protocol?
- samat 7y agoThey need to settle their master accounts anyway.