Toddsterpatriot
Diamond Member
Yes, a bailout, else they would be getting daily loans through normal channels instead of 14 day loans propped up by the Fed. Again, it's not a good sign. Not impending doom yet, but also not a symptom of economic health.Thats precisely what it is, when the Fed steps in to give cheap loans to banks. That's literally what a large part of the last bailout was.That's not a bail out for the economy
The banking system has $1.3 trillion in excess reserves.
Adding liquidity, not a bailout.
Yes, a bailout, else they would be getting daily loans through normal channels
Tell me more about "normal channels".