Through TARP banks received $ 700,000,000,000 in bail-out money, paid for by US taxpayers. This caused an outcry by many Americans - and rightfully so. However, this 700 billion dollar bailout is tiny compared to the more than $ 16,000,000,000,000 (16 trillion) spent by the Federal Reserve in emergency loans.
The following video (by jazzntoehead) explains very well how much money this actually is.
Posts mit dem Label Federal Reserve werden angezeigt. Alle Posts anzeigen
Posts mit dem Label Federal Reserve werden angezeigt. Alle Posts anzeigen
Samstag, 18. Februar 2012
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