What is Nostr?
bitbybit / BottleTeams
npub18cx…qz89
2024-12-16 18:06:25
in reply to nevent1q…ws2g

bitbybit on Nostr: Central bank is the bank of banks. Commercial banks are just arms of the central ...

Central bank is the bank of banks. Commercial banks are just arms of the central bank.

Central banks "loan" money (digitally created money) to commercial banks.
Author Public Key
npub18cxqklkp83g2fv9mk7kgkag0lz4s7yacpk8ljm3sfx0agrx6320qruqz89