### Comment:
I mean did you add each day together? They're 1 day loans. But yeah those are some serious liquidity issues and that's even though we have low fed rates and we have 'not QE' balance sheet increases as well   
  
  
 Something very fucky wucky going on

### REPLY:
Yes I did. I understand they could be paid back next day, but the fact it was then rebid for more means they had to reinject the money again. If you get a payday loan for 100 bucks pay it off and get another one the next week, you got 200 in loans regardless of whether it was 100 twice or 200 once.  
  
 Its over a third of a trillion dollars in 4 days just to maintain rates (or perhaps solvency if you wanna get real scary)

### END.