Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Just Be Rich. Parent comment
This money is effectively lent to the bank, which will then re-lend it. A small share to the Federal Reserve, the rest to mortgage holders, businesses trying to meet payroll and so on.
There are no comments on this comment yet.
This money is effectively lent to the bank, which will then re-lend it. A small share to the Federal Reserve, the rest to mortgage holders, businesses trying to meet payroll and so on.