46 The Federal Reserve has set up a $2 Trillion pawnshop for banks. Don't like your assets or they're losing value? Bring it to the Fed's new 'loan' department and get more money for it. (archive.ph) posted 1 year ago by GeneralBoobs 1 year ago by GeneralBoobs +46 / -0 8 comments share 8 comments share save hide report block hide replies
Make a good investment? Keep the asset, keep the profits. Make a bad investment? We'll buy it for what you paid for it.
Ain't it great to be a friend of the government shitbricks?
socializing cost, privatizing profit