Its not just tax money. The banks have accounts with the fed, much the same that you have an account in a Commercial bank. So, to lend to a bank, we simply use the computer to mark up the sizeof the account that they have with the fed.
Its not just tax money. The banks have accounts with the fed, much the same that you have an account in a Commercial bank. So, to lend to a bank, we simply use the computer to mark up the sizeof the account that they have wi...
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