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.
Published at
2024-12-16 18:06:25Event JSON
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"content": "Central bank is the bank of banks. Commercial banks are just arms of the central bank. \n\nCentral banks \"loan\" money (digitally created money) to commercial banks.",
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