Fed Policy And The Great Trust Robbery

[Toddsterpatriot]

Like which banks were given this worthless fiat currency that we are on the hook for to their banks in other countries during the 2008 crash.

Huh? No banks were "given" money. There were short term loans, long ago repaid.
And why would we be on the hook for these repaid loans?

I think you are talking about TARP loans. These were repaid in part with more loans at better terms. Outside my depth and recall, but I think that the Fed booked assets on the book at whatever the banks said that they were worth. There are a ton of different loan programs going.

I think you are talking about TARP loans.

Nope. No TARP money was given to foreign banks.

but I think that the Fed booked assets on the book at whatever the banks said that they were worth.

Why are you conflating TARP and the Fed? And why do you feel the Fed would "book assets"?

Outside my depth and recall

Obviously.

I would be very careful about throwing around "Obviously".

Here is the Wiki page on who receive TARP relief : Troubled Asset Relief Program - Wikipedia

Here is CNBC's article on the Fed's assets : What could the Fed buy with its $4.5 trillion?

I would be very careful about throwing around "Obviously".

Why? You're obviously confused.

"Nope. No TARP money was given to foreign banks." and "And why do you feel the Fed would "book assets"?

Pride and fall sport. You might want to read the links.

When you get a clue, feel free to get back to me.