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To: Tours
The Fed alone would probably have to create 100 trillion dollars out of thin air - instantly.

Why?

77 posted on 09/29/2016 7:12:09 PM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot

If Deutsche Bank fails, then in the opinion of many, including myslef, it would far surpass the 2008 financial crisis. It would be a Lehmann failure on steroids. During the 2008 crisis the Fed had to create 16 trillion out of thin air to prop up the system.
“The audit of the Fed’s emergency lending programs was scarcely reported by mainstream media – albeit the results are undoubtedly newsworthy. It is the first audit of the Fed in United States history since its beginnings in 1913. The findings verify that over $16 trillion was allocated to corporations and banks internationally, purportedly for “financial assistance” during and after the 2008 fiscal crisis.”
http://www.forbes.com/sites/traceygreenstein/2011/09/20/the-feds-16-trillion-bailouts-under-reported/#1fd4a9ba6877


90 posted on 09/29/2016 8:13:35 PM PDT by Tours
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