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georgeplusplus
on July 21, 2023
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FedNow Is Live
"self funded"
From who does it earn the money to self fund itself? It certainly isnt the commercial banks.
astrange
on July 21, 2023
[–]
Yeah it is.
astrange
on July 21, 2023
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https://www.federalreserve.gov/faqs/about_12799.htm
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From who does it earn the money to self fund itself? It certainly isnt the commercial banks.