Striking_Balls on Nostr: You are correct, the Fed discounts what they lend to the members banks to this day. ...
You are correct, the Fed discounts what they lend to the members banks to this day. that is how they expand the money supply. Done properly with controls on government spending it works great.
And yes, the internet is filled with the people that thing the US Gov just prints up trillion dollar bills, so I mention it. hah!
Published at
2023-02-28 15:26:55Event JSON
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