Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: TheBattman

The Fed earns money on the Treasuries it owns. This pays for its expenses and the excess goes to the Treasury. It really doesn’t ‘dish out truckloads of cash’, it manages the ratio of currency available to the banking system by buying and selling Treasuries. The bailouts it has arranged involve getting private sector firms to take over failing companies.


147 posted on 07/14/2008 8:22:51 AM PDT by Pelham (Press 1 for English)
[ Post Reply | Private Reply | To 93 | View Replies ]


To: Pelham

Well, I noticed more “new” twentys in the cash flowing around me lately.


148 posted on 07/14/2008 8:36:53 AM PDT by norraad ("What light!">Blues Brothers)
[ Post Reply | Private Reply | To 147 | View Replies ]

To: Pelham

I read at least one report that indicated that one method of bailout would be for the Fed to buy shares of the company...


168 posted on 07/14/2008 2:24:25 PM PDT by TheBattman (Vote your conscience, or don't complain about RINOs!)
[ Post Reply | Private Reply | To 147 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson