### Comment:
&gt;  As long as the government is able to get its money back and more, there’s no problem. 
  
 And therein lies the problem. They keep extneding the repo operations since banks still dont have enough liquidity. The more they delay and push back more repo's the more this turns into a ponzi scheme

### REPLY:
Fed Bank of Boston is saying that banks are holding onto cash because of 'tastes or preferences'

### END.