[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.

Your stupid insult is a nonsequtur. Of course the Fed printing money inflates prices.

But as I said...The banks borrowed money from the feds and the banks paid that money back plus interest in almost every case. The net effect on the cost to the taxpayers was almost zero...and that factors in the cost of inflation.

[TXConservative25]

When you inflate the prices of the mortgage backed securities, of course the banks are going to pay back their debts. But this is really an inflation tax.

[TXConservative25]

When you inflate the prices of the mortgage backed securities, of course the banks are going to pay back their debts. But this is really an inflation tax.