Most everyone else in the nation is debating whether the Fed should focus on [American] price stabilization versus [American] economic stabilization (or even the elimination of the Fed altogether), but you expand the discussion to whether their duties should include bailing out foreign countries. Incredible.
Nice attempt at twisting my words. You want to give your outrage meter a boost, have a feelgood rage moment, go for it. I prefer to understand an issue before getting hot under the collar.
If foriegn banks borrow money from the Fed (and pay it back) and that process helps stave off an economic black hole, I’m not going to start frothing. But, as I said, if you need a jolt to get out of bed then have at it. I don’t care.