M Mvic Feb 21, 2008 #51 As long as the TAF facility exists and the Fed will accept anything as collateral the banks will never face insolvency. The $ though may face a real crisis of confidence.
As long as the TAF facility exists and the Fed will accept anything as collateral the banks will never face insolvency. The $ though may face a real crisis of confidence.
P PohPoh Feb 22, 2008 #52 Check out this follow up vid on the non-borrowed reserves... http://www.youtube.com/watch?v=QUBBMQDrlpY
Check out this follow up vid on the non-borrowed reserves... http://www.youtube.com/watch?v=QUBBMQDrlpY
