Inter-bank lending is locking up because the banksters know the collateral being offered to secure those loans are toxic-waste crap.
by Simian_Stacker If it wasn’t for the Fed’s incessant massive injections of Yellen Bux liquidity, we’d already be looking at another 2008-style Great Financial Crisis, but far worse. It's a misconception that the banking crisis is over. The 2 credit facilities created by the Fed in March are still rising Inter-bank lending is reliant on … Read more