Water into Wine Feb 8, 2012 | 3 comments 0 0 votes Article Rating Subscribe Notify of new follow-up comments new replies to my comments Please login to comment This site uses Akismet to reduce spam. Learn how your comment data is processed. 3 Comments Oldest Newest Most Voted Inline Feedbacks View all comments lar 10 years ago Excuse me for beeen dumb, but why does the central bank lend money to Private banks at 1% to onlend at 5%, why can they not just lend it to the governments in trouble directly at 1%?
Excuse me for beeen dumb, but why does the central bank lend money to Private banks at 1% to onlend at 5%, why can they not just lend it to the governments in trouble directly at 1%?