pages 144-146 are not totals.
And why would “the Fed” loan money to foreign banks and companies?
Because they are NOT part of the government.
If they are part, they what the hell are the doing loaning to other countries?
Do you think true conservatives are for all those bailouts?
YOU ARE THE FINANCIAL LIBERAL!
If I lent you $1 million a day and you paid it back the next day and I repeated the process for 30 days, is the total I loaned you $30 million or $1 million?
And why would “the Fed” loan money to foreign banks and companies?
They explained why they loaned money during the crisis. Would you like me to find it for you?
Because they are NOT part of the government.
But of course the Fed is part of the government.
If they are part, they what the hell are the doing loaning to other countries?
They didn't lend to foreign countries. They did liquidity swaps with other Central Banks. I could try to explain that to you, if you'd like. It has something to do with the dollar being the world's reserve currency.
I could try to explain that to you as well.
Do you think true conservatives are for all those bailouts?
Which ones?
YOU ARE THE FINANCIAL LIBERAL!
Is everyone who corrects your misconceptions a liberal?