Re:NY Fed rescues overnight lending market with $53B
by ls612 on Tuesday September 17, 2019 @05:51PM
(#21000462)
You can borrow money interest free for 4-7 weeks for lunch by using a credit card. These banks are borrowing money with interest for one day (overnight) to keep solvency and liquidity.
[ Parent
| on HN ]
There are no comments on this comment yet.