Following the 2008 financial crisis, banks built up billions of dollars in liquidity buffers. Now The U.S. Federal Reserve is discussing further recapitalization if they deplete their liquidity reserves.. THIS IS ANOTHER BAILOUT... Imagine if you could just have your accounts recapitalized if you ran out of money? What's really behind this is simple.. attempting to prevent a liquidity crisis, a CREDIT FREEZE.. Oh, but you cannot know that so PLEASE do not share this... GM
Thanks again, Gregory. BYOCB!