According to the internet it's a loan to prevent these affected banks from failing. Some things are going to fail and go under in the effort to lower inflation.

According to the internet it's a loan to prevent these affected banks from failing. Some things are going to fail and go under in the effort to lower inflation. Better them than everyone else. Call it trimming the fat or taking out the trash. If it weren't for the low interest rates/near zero rates, some entities wouldn't even exists now. I spoke to a trader and he said even retail traders could've telegraphed the changing rate conditions and made adjustments. Why wouldn't banks?