$7.77 Trillion in Loans made to the Banking System

While congress and the country were kicking around the $700 billion figure (Paulson's bazooka) and the hyperinflation-istas were screaming the ski is falling--- the dollar toast--- none of them recognize how big the dollar is (wait until they get hold of the $7.7 trillion number).  Back then the argument was, and to many still is, the dollar is going to implode and the Euro will become the reserve currency.  There is much more here at the Bloomberg article.