Comments on: Bailout Economy Has Roots In Obscure Law http://www.biggerpockets.com/renewsblog/2009/05/31/bailout-economy-roots-obscure-law/ Learn, Network, Invest Mon, 23 Nov 2009 07:23:11 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Justin Bartlett http://www.biggerpockets.com/renewsblog/2009/05/31/bailout-economy-roots-obscure-law/comment-page-1/#comment-66343 Justin Bartlett Thu, 18 Jun 2009 17:12:48 +0000 http://www.biggerpockets.com/renewsblog/?p=5477#comment-66343 The Fed didn’t want to go it alone, so they roped in the Treasury Department to help out. --- Very true. Fundamentally, the Fed & Treasury do not want to be accused of simply printing money and throwing it at the crisis. In essence, however, this is exactly what they are doing. There's only so much time before the pot calls the kettle black, and foreign investors call out / lose faith in the dollar (which we are seeing already) and inflation goes through the roof... <abbr><em>Justin Bartlett’s last blog post: <a href="http://www.modificationzoom.com/mortgage-rates-increase-ramifications-for-needy-homeowners/" rel="nofollow">Mortgage Rates Increase, Ramifications for Needy Homeowners</a></em></abbr> The Fed didn’t want to go it alone, so they roped in the Treasury Department to help out. — Very true.

Fundamentally, the Fed & Treasury do not want to be accused of simply printing money and throwing it at the crisis. In essence, however, this is exactly what they are doing. There’s only so much time before the pot calls the kettle black, and foreign investors call out / lose faith in the dollar (which we are seeing already) and inflation goes through the roof…

Justin Bartlett’s last blog post: Mortgage Rates Increase, Ramifications for Needy Homeowners

]]> By: Greg Barr http://www.biggerpockets.com/renewsblog/2009/05/31/bailout-economy-roots-obscure-law/comment-page-1/#comment-66022 Greg Barr Wed, 03 Jun 2009 12:12:02 +0000 http://www.biggerpockets.com/renewsblog/?p=5477#comment-66022 My Brother a Director at suisse credit bank,was tellingme all this 9 months ago.You can be sure of one thing though,the big city banks and insurance companies wont be paying the losses My Brother a Director at suisse credit bank,was tellingme all this 9 months ago.You can be sure of one thing though,the big city banks and insurance companies wont be paying the losses

]]>