I understand that banks can borrow one from another as well. If they need a capital increase, they can borrow from a bank, and if they get $100, they can lend out another $1,000. Am I correct on this?
October 21st, 2014 / 4:30 p.m.
Conservative
Dave Van Kesteren Conservative Chatham-Kent—Essex, ON
I understand that banks can borrow one from another as well. If they need a capital increase, they can borrow from a bank, and if they get $100, they can lend out another $1,000. Am I correct on this?
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