2 ms·
No, if I borrow money from the Fed to lend out, it’s the same as taking in deposits. Banks borrow money from their depositors, and lend to their borrowers. Wha
by qeternity 4y ago
No, if I borrow money from the Fed to lend out, it’s the same as taking in deposits. Banks borrow money from their depositors, and lend to their borrowers.
What OP said is completely wrong.