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The taxpayer / consumer *always* pays. Eventually, one way or another, that $22B will find it's way back to the taxpayer / consumer in higher fees, higher inter
by chiefalchemist 4y ago
The taxpayer / consumer *always* pays. Eventually, one way or another, that $22B will find it's way back to the taxpayer / consumer in higher fees, higher interest rates to borrow, etc. And if The Fed printed the money, the taxpayer / consumer buys in inflation.
Editorial sidebar: Nice of NPR - whose journalism is too good for Twitter - to call it a rescue, not a bailout. Perhaps not State Affiliated but Deep State Affiliated?
/rant