# Household

By [Untitled](https://paragraph.com/@0x12aa2a2d3fd1d7edd0606d986f204a5de26368ea) · 2022-07-30

---

This is - typically - a loan between the members of the same level of the monetary system, where the money lent had been created by an institution of some higher level before. A household, for example, can lend cash created by the central bank or money from its bank account (created by a bank) to another household or to a company.

---

*Originally published on [Untitled](https://paragraph.com/@0x12aa2a2d3fd1d7edd0606d986f204a5de26368ea/household)*