[cgbg]

“To date over $ 100 billion has been borrowed to keep the banks solvent”

Quibble with the article—the banks are insolvent—which means the value of their liabilities exceed the value of their assets.

The money they borrowed from the fed gave them liquidity—so they did not run out of cash.

When they run out of cash they are....

Closed.

[Dr. Franklin]

Quibble with the article—the banks are insolvent—which means the value of their liabilities exceed the value of their assets.

And because of this inflation is needed to relatively decrease the liabilities of the big banks. It's been done for a purpose, to help the big banks at the expense of the pensioners, etc.