You gotta pay back the thirty trillion bucks first.
You gotta pay back the thirty trillion bucks first.
Psych, you thought
Psych, you thought
Nope, if anything there is a small chance of one last print. Not only do you end the fed, but you liquidate the banks that had direct access to the inter-bank lending rate. If liquidating them doesn't cover savers, you print what you have to to cover it, and that's it, printing is done.
To liquidate them you auction off all of their loans to smaller banks so no lendie has an interruption to their loans.
Nope, if anything there is a small chance of one last print. Not only do you end the fed, but you liquidate the banks that had direct access to the inter-bank lending rate. If liquidating them doesn't cover savers, you print what you have to to cover it, and that's it, printing is done.
To liquidate them you auction off all of their loans to smaller banks so no lendie has an interruption to their loans.
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