Hi!
Everytime I hear about the bailout, the numbers are just mind boggling.
Can anyone organize this all, because I just don’t get it.
There is 780 million that as incentives program that confirmed by the congress.
http://goldsilver.com/player/id/67/cID/2/
In this video, it is said that the bailout of Freddie and Fannie is $900M, and that the there was another 1.2 Trillion, while the base money was arounf the 825 million dollars (means, base money more the tripled because of the bailout).
and there are bloomberg numbers of 9 Trillion, I heard in the past 7 Trillion.
Where all these numbers are coming from, and how could Obama possibly inject those, because I don’t remember the congress confirming it. or it was injected by the Fed with no authorization by noone.
Could anyone put these nubmers into order? (if possible, with relation to base money)
P.S. In addition, U.S. outstanding debt is $11T, and total liablilities are $111T. so this is all combined for future inflation. and also the 0 percent interest rate we have now creating new money. WOW!