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To: Errant
So the Fed doesn't need to borrow from another central bank?

Why would they need to borrow? They have that nifty printing press.

So, does the fed ever make loans to another central bank?

They've been known to open swap lines with other central banks. Buncha idiots were whining about those about 5 years ago.

117 posted on 12/26/2013 10:02:47 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
Buncha idiots were whining about those about 5 years ago.

You talking about the 16T the Fed loaned to foreign CBs and financial institutions here?

118 posted on 12/26/2013 10:05:37 PM PST by Errant
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