Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: grey_whiskers
Other sources have said the Feds would charge a special fee from ALL BANKS to help pay for this.

And who will pay that special fee mr. grey_whiskers? It will be savers in the form of lower yield on sacings and people wo get loans from banks in the form of higher interest rates. Savers & borrowers are tax payers

There is no free lunch. Tax payers always pay what government spends. There is no other source of money for gov't. The FUGLY big national debt is a burden on future tax payers.

42 posted on 03/13/2023 8:29:07 AM PDT by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
[ Post Reply | Private Reply | To 29 | View Replies ]


To: entropy12

Not everyone uses commercial banks.

Some people use credit unions, which have their own setup: and won’t be bailing out banks.


43 posted on 03/13/2023 8:35:09 AM PDT by grey_whiskers ( The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 42 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson