Fed Reserve Fails to Reflate the US Banking System

here's more from iTulip.com

Why are the Fed's lending facilities not working this time as in the past?

A few readers asked if the BORROW data are CPI adjusted. The answer is, no. We tried it and it just didn't make that much difference. Our point is this crisis on a different scale than previous crises. Adjusted for CPI does not change that, and you can't choose an inflation adjustment option to produce a chart from the Fed's site, and we wanted to use the Fed's own charts.

Here's the final chart with the date adjusted for CPI inflation, for the purists.