3 ms·
The FED lends someone money? Whom do they lend money?
by FreeHugs 4y ago
The FED lends someone money? Whom do they lend money?
- the_mitsuhiko 4y agoCommercial banks.
- FreeHugs 4y agoReally? I have never heard about the process of banks lending money from the FED. Do you have a link where this process is described?
- the_mitsuhiko 4y agohttps://en.wikipedia.org/wiki/Discount_window https://en.wikipedia.org/wiki/Discount_window