"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
World's Central Banks Flood Market With Dollars
"Analysts noted a potential downside to the central bank's move . . . If the market learned which bank had tapped the facility, its shares would be punished and the bank might fail , said Peter Tchir, a former trader who now runs the hedge fund TF Market Advisors. More likely, traders will have to guess which banks were borrowing dollars. That would be even worse, Tchir said, because 'there's going to be speculation about banks that haven't even thought about using it.'"
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