FACT: FED doesn't have any money to lend. FED is lending fake money or printed money or borrowed money from foreigners to lend. FED is selling US dollars for other currencies in exchange....diluting the currency or weaking the us dollar.
What was really funny is that Fed announces write-down thread. Where the fed wrote down 1.1 billion of bears assets it swaped with JPM. I could see a lot more Fed write-downs of those in the future.
NOOOO. The "source" of nearly all money will be the dilution of the $USD. The Fed is merely the mechanism and figure-head.