It appears there are 2 banking systems i.e. the National Banking System and the Federal Reserve System.
I wonder if the systems serve differing purposes ...
In my mind, banking is one thing. Acting as reserves is another.
It appears there are 2 banking systems i.e. the National Banking System and the Federal Reserve System.
I wonder if the systems serve differing purposes ...
In my mind, banking is one thing. Acting as reserves is another.
Last edited by shikamaru; 04-10-21 at 12:09 PM.
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