Banking, Business and Such...deep doo doo

[The Nozzle]

Hello all, long time lurker. I have a serious question. If the fed bails out the big banks, who bails out the fed? 2x federal deficit to whom? Does it matter how hard the S HTF if it's got no blades?

[east_stingray]

Originally Posted by The Nozzle

Hello all, long time lurker. I have a serious question. If the fed bails out the big banks, who bails out the fed? 2x federal deficit to whom? Does it matter how hard the S HTF if it's got no blades?

The fed will continue to do what it has always done in situations like this: print money. Although these days it's less printing and more "electronically creating".

Oh, and with D control of congress and the oval office, you'll probably see tax hikes to boot.