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Comment by FreeHugs | Hacker News Reader
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FreeHugs
·
The FED lends someone money? Whom do they lend money?
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the_mitsuhiko
·
Commercial banks.
FreeHugs
·
Really? I have never heard about the process of banks lending money from the FED.
Do you have a link where this process is described?
the_mitsuhiko
·
https://en.wikipedia.org/wiki/Discount_window
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