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Originally Posted by Muta
But is the Fed just creating money out of thin air to finance these loans? An audit on this institution would be amazing to see.
As well, the amount of transactions leading up to $8 trillion is sort of irrelevant. $8 trillion in bailouts is $8 trillion dollars in bailouts, no matter how you spin it. They were all used for the same purpose.
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The amount going out really doesn't matter, you have to look at what goes out as well as what comes back in. $8 trillion going out is a huge number, but if $9 trillion came back in what's the problem?
It seems that the typical approach when discussing anything around this issue is to latch onto one small piece of a massive puzzle and pretend like that's the entire story.