[Toddsterpatriot]

3 trillion dollars to prop up domestic and foreign banks from US taxpayers?

The Fed doesn't use money from taxpayers.

[cowtowney]

“The Fed doesn’t use money from taxpayers.”

Really?

Where does it come from?

[Hop A Long Cassidy]

>>>The Fed doesn’t use money from taxpayers.

You’re right, it’s from taxpaying SAVERS and CONSUMERS.

If the money supply doubles (a Fed job), prices go up... ala Friedman’s report that all inflation is a monetary phenomena (2 year M2 = inflation 2 years out).

Or, did I get it wrong, is the Fed dealing in some other currency like the Euros or is it the Zimbawbe Dollar? See http://en.wikipedia.org/wiki/Zimbabwean_dollar for a possible description of what the purchasing power of the taxpayers (economic players) might look like when the central monetary authority explodes the money supply.