...and Nobody Understands Why It Matters!
When commericial bank buys treasuries from non-bank entity:
The after diagram shows the liability for the treasuries, but doesnt show the Asset of the treasuries?
Brilliantly articulated. I view digital ledger systems including my own accounts completely differently now. Thanks to you and snider.
When commericial bank buys treasuries from non-bank entity:
The after diagram shows the liability for the treasuries, but doesnt show the Asset of the treasuries?
Brilliantly articulated. I view digital ledger systems including my own accounts completely differently now. Thanks to you and snider.