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The other bailout November 28, 2011 11:48 am TB

On another thread, I was asked how much bank bailouts added to Obama’s debt. I found an answer for TARP, which is tapped off the Federal budget.

But then there’s the Federal Reserve.

This doesn’t show up on the Federal budget in the same way as TARP did, but money created from nothing eats economies too.

  • Pay attention to the "moral hazard" part. by TB 2011-11-28 12:21:03
    • There's nothing there to disagree with. But as always, it's never quite that simple. If a bank can't manage ... by ER 2011-11-28 13:13:16

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