eu61, It was because of my post you researched a little and found the answer, otherwise your first post is of a 4th grader.
Your research is still incomplete. You need to research more on why and when central banks lend money to commercial banks. Little knowledge and little information is dangerous, as it makes an old guy look a 10-year kid.
eu61, It was because of my post you researched a little and found the answer, otherwise your first post is of a 4th grader.
Your research is still incomplete. You need to research more on why and when central banks lend money to commercial banks. Little knowledge and little information is dangerous, as it makes an old guy look a 10-year kid.
A hint: 0.5% is not what banks' margin is.