Funny enough all the new money being printed isn't going to US banks at all. US banks cash on the balance sheet has shrunk in the past couple months.
The US taxpayer is footing the bill for European banks. All the new cash up to the dollar is showing up on European banks that have a subsidiary branch on US soil.
http://www.zerohedge.com/news/2013-02-02...ut-vehicle
http://www.zerohedge.com/news/2013-02-09...past-month
This is part of the reason why there isn't a full blown currency crisis in the US with all the money printing. By exporting the inflation it buys more time for the USD
The US taxpayer is footing the bill for European banks. All the new cash up to the dollar is showing up on European banks that have a subsidiary branch on US soil.
http://www.zerohedge.com/news/2013-02-02...ut-vehicle
http://www.zerohedge.com/news/2013-02-09...past-month
This is part of the reason why there isn't a full blown currency crisis in the US with all the money printing. By exporting the inflation it buys more time for the USD
" I'M NOT A CHRONIC CUNT LICKER "
Canada, where the women wear pants and the men wear skinny jeans