700 Billion Becomes 5 Trillion Dollar Bailout !!!

[gwynedd1]

Originally Posted by GloryB

700 Billion Becomes 5 Trillion Dollar Bailout !!!

It's just the hell that keeps giving....isn't it? I keep thinking somehow there is someone in charge somewhere who has a great plan, but I'm losing hope any genius will come out of the woodwork.

Hi GloryB,

It does not take a genius. Its really is not too hard. It just takes understanding what a dollar really is. Sadly the evil or cowardly people who know will not say and the ignorant people who don't know are too many.
Frankly I would be happy if the Feds went in the "hole" 20 trillion+ as tax payer rebates from the banking clowns that did this to us and flood out all fractional reserve commercial cash by raising the reserve requirement to 100%. We would then have defacto treasury notes. We could then replace all Federal reserve notes with treasury notes and never have commercial credit inflation ever again. Just make sure M2 does not grow much more than 3%.

[little elmer]

R-e-v-o-l-u-t-i-o-n

[Stephan_K]

Originally Posted by little elmer

R-e-v-o-l-u-t-i-o-n

Ya... what he said !