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 9 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%?