| | Re: questions on current events Kirby Warden
| | | (...) I've read about the shear basics on this subject so what I say about it is certainly arguable, however, maybe I can better clarify what I think I know. A bank can borrow from the federal reserve. There is interest tacked on to what the bank (...) (23 years ago, 18-Dec-01, to lugnet.off-topic.debate)
| | | | | | | | Re: questions on current events Fredrik Glöckner
| | | | | (...) This is probably true. But in a market in which the competition works well, I would say that that the federal interest rate _should_ affect the rate offered to the customers. In Norway, there are always some banks which lower their interest (...) (23 years ago, 19-Dec-01, to lugnet.off-topic.debate)
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