if one bank loans money to another, how does that work?

August 28th, 2010 by Bank Loan | 1 Comment | Filed in Bank
bank loans
by Soft Relaunch

Question by Cay K: if one bank loans money to another, how does that work?
is it all digital and electronic transfer or does money get transported physically? where do banks keep their 600 billion dollars, in central and federal reserve? or do they have their own vaults? then how do you prevent rogue banks from creating extra electronic money?
Maybe im just talking bullshit, i don’t know

Best answer:

Answer by Ambivalence
Your question is not BS; in fact yours is one of the most sincere posted in the past couple of hours…

Know better? Leave your own answer in the comments!

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Electronic Money Jar Reviews

August 7th, 2010 by Bank Loan | 5 Comments | Filed in Bank

Electronic Money Jar

  • A super cool high tech coin jar.
  • Watch your money grow!
  • Shows kids a fun way to save.
  • Features coin recognition technology
  • Recommended Age Range 5+

The Electronic Money Jar counts your money for you, so you’ll never have to wonder how much you have saved. As you slip your money into the automatic counter in the jar cap, it counts your money. Watch your money add up every time you put coins into the jar. Requires 2 “AA” batteries (not included). Measures 4.13″ x 4.13″ x 6.5″. Oppenheim Toy Portfolio Gold Award 2006.

Rating: (out of 82 reviews)

List Price: $ 12.99

Price: $ 7.98

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Money Machine-Electronic Change Counter

August 6th, 2010 by Bank Loan | 5 Comments | Filed in Bank

Money Machine-Electronic Change Counter

  • This incredible Money Machine electronically counts every coin as you deposit them
  • Displays a running total of your savings so you’ll know exactly how much you have
  • Counts up to 9.99

Money Machine – Electronic Change Counter This incredible Money Machine electronically counts every coin as you deposit them. Displays a running total of your savings so you’ll know exactly how much you have. Counts up to 9.99! A fun and educational way to teach children how to count and save. Top twists off for easy access and re-sets to zero to start all over again. Takes 2 AA batteries (NOT included)

Rating: (out of 17 reviews)

List Price: $ 19.99

Price: $ 6.75

Indian Vintage Airplane Bank

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Mossman - Mossman Vs The World Bank (CD 2003)
US $10.85
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Zillions Electronic Money Jar

July 9th, 2010 by Bank Loan | 5 Comments | Filed in Bank

Zillions Electronic Money Jar

  • A super cool high tech coin jar.
  • Watch your money grow!
  • Shows kids a fun way to save.
  • Features coin recognition technology

Slip your coins into the automatic counter slot on top, and watch this plastic jar count all your money. This “smart” bank automatically adds the value of each coin to your total, so you can track your money as it grows toward your next financial goal. Unscrew the top at any time to take money out. Requires two AA batteries, not included. Measures 6.5″ tall.

Rating: (out of 24 reviews)

List Price: $ 12.99

Price: $ 7.99

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