Flutterby™! : The Fed turns to the Treasury

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The Fed turns to the Treasury

2008-09-18 12:59:24.866996+00 by Dan Lyke 1 comments

[ related topics: Economics ]

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#Comment Re: Phoney Money made: 2008-09-18 13:37:59.872783+00 by: jeff [edit history]

It's simply funny money chasing phoney money, multiplied by orders of magnitude by such exotic investment instruments as derivatives, and the like. Fueled by abject greed, blind ambition and destructive speculation.

And the taxpayer pays the ultimate price.