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A comment on For the First Time, the Fed Is Losing Money. Parent comment

Re:For the First Time, the Fed Is Losing Money by neilwilson on Tuesday March 28, 2023 @01:56AM (#35336494)
That's not the process. The process is that loans create deposits.

This is the process. From an actual central bank [0] [0]:https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...

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