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Old 10-29-2018, 07:42 AM
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Sage Rat is offline
Join Date: Mar 2004
Location: Howdy
Posts: 21,819
Originally Posted by Sage Rat View Post
Originally Posted by septimus
They set a target for the rate federally-chartered banks charge each other for overnight (not even 24-hour) loans made electronically on FRB computers.
I am aware.
Hm...maybe I wasn't aware now that my brain has squished along a little more.

That does make the scheme less clear how it maps to the current system. But I think it should be possible to patch it over. But I'll wait till my brain is more awake again to propose something.