Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment
I'm guessing what you're getting at here is that bank would technically have a $100 liability with the customer and $100 in cash on its balance sheet.
The point I was trying to make is that there's just $100 of spending power in this hypothetical economy.
There are no comments on this comment yet.
I'm guessing what you're getting at here is that bank would technically have a $100 liability with the customer and $100 in cash on its balance sheet.
The point I was trying to make is that there's just $100 of spending power in this hypothetical economy.