If they loan 90% of deposits they clearly aren't loaning 1000% of deposits. Maybe you shouldn't try to do the math?
then get us to TARP them out, that is where the evil of Fractional Reserve Banking comes fully into play.
It's true, we wouldn't need TARP if banks had to reserve 100% of deposits.
while we pay back Bernake's loans.
Bernanke is Chairman of the Fed. TARP involves the Treasury.
Perhaps not cropping my statement would be more honest Toddie. The statement was "When the banks can leverage by 10X the 'deposits' and loans" where the loans make up the bulk of the manufactured money, but hey, why address the point when you can attack the strawman? LOL
Anywayz you shill for a corrupt system and it's fun to coax it out of you.
Do you seriously believe the Treasury and the FED are not joined at the hip with regards to monetary policy? That they are somehow discrete entities that have no overlapping common interest?