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Old 11-19-2011, 03:40 AM   #19 (permalink)
Beingist
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Originally Posted by JSB View Post
Beingist,

Despite your sarcastic comments in this thread, there really is a difference between a Central Bank and say, an investment bank or commercial bank. Their functions and structures are very different, even though they can all be called "banks".

A penguin, an ostrich, and a hummingbird are all birds, but nobody is going to confuse one for the other.
I understand this perfectly well, JSB. But, though their functions may be different, I would suggest that their structures shares some striking similarities (for example, Central Banks still have Balance Sheets, and stockholders and yes, even a profit margin, however minimal). Moreover, they're still called Banks, so I think your analogy fails somewhat. A better one might be the difference between hummingbirds, gambirds, and birds of prey--they're all obviously still birds, whatever they're characteristics.
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