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Why is the fed often referred to as a ""lender of last resort

User Nilpo
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2 Answers

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Answer / Explanation:

It lends consumers money when other banks will not. It keeps all failing banks afloat to avoid economic disruption. It helps finance and stabilize central banks internationally.

User Morris Franken
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5 votes

Answer:

It offers banks financial protection to keep consumers from panicking

Step-by-step explanation:

On Edge

User Sergeyan
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