3 ms·
I don't think banks borrow any money from the government, unless you're thinking of really convoluted things like the department of agriculture partially insuri
by missedthecue 3y ago
I don't think banks borrow any money from the government, unless you're thinking of really convoluted things like the department of agriculture partially insuring equipment loans to farmers against default.
That's not borrowing from the gov. and it's not even most banks though.
- mlrtime 3y agoProbably talking about Fedfunds which is the overnight short term lending.
- TheCaptain4815 3y agoYup. If they want to restrict American citizens from accessing banking, they can do all that lending through private methods.