News for hackers. Stuff that matters.
Re:Inequality, Interest Rates, Aging, and the Role of Centra... by petrocrat on Friday December 30, 2022 @05:23AM (#34183717)
1. Interest on reserves increases the rate of growth of commercial bank reserve balances held at the Fed: https://fred.stlouisfed.org/series/IORB

2. How Do Primary Dealers Make Money? Primary dealers buy bonds directly from the government and then resell them to clients and investors at a slight mark-up. This small difference in price is how primary dealers earn a profit. https://www.investopedia.com/terms/p/primarydealer.asp

Re:Inequality, Interest Rates, Aging, and the Role of Centra... by bennysonething on Saturday December 31, 2022 @09:43AM (#34196834)
Thanks