1. Interbank liquidity is steered by the Bundesbank, which adds or drains money by allotting more or fewer repos each week to replace those that expire. 2. Such action tends to pumney into or drain money from the banking system as a way of influencing interest rates. 3. Such action influences interest rates by pumping money into or drain money from the banking system. 4. To fight against vouchers that drain money from public schools? 5. Critics complain that would drain money needed for direct aid to the poor. |