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To: TXConservative25
You gave no intelligent response to my point that the Fed printed money that allowed the banks to settle their bailout debts.

Your response wasn't intelligent.

The banks borrowed money from the feds. The banks paid that money back plus interest in almost every case. The net effect on the cost to the taxpayers was almost zero.

352 posted on 03/05/2011 11:51:19 AM PST by FreeReign
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To: FreeReign

Seriously? Are you that clueless as to the Fed’s ability to inflate asset prices simply by turning on a switch to the printing press? Read up on how US monetary policy works and then come back and discuss.


359 posted on 03/05/2011 12:03:20 PM PST by TXConservative25
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