josephvoelbel on Nostr: WTF is The Fed? In plain terms, The Fed does four things: Settles transactions ...
WTF is The Fed?
In plain terms, The Fed does four things:
Settles transactions between banks.¹²
Determines banks’ reserve requirements.¹³
Gives loans to banks and charges interest.¹⁴
Buys and sells treasury bills on the open market.¹⁵
https://banklesspublishing.com/what-the-f-is-the-fed/
In plain terms, The Fed does four things:
Settles transactions between banks.¹²
Determines banks’ reserve requirements.¹³
Gives loans to banks and charges interest.¹⁴
Buys and sells treasury bills on the open market.¹⁵
https://banklesspublishing.com/what-the-f-is-the-fed/