fuzzywzhe

Just How Much Can the U.S. Government Guarantee?

Haha - you think it's going to be less than 200 billion.

This is directly inflationary.

Think about it, if the government has taken over all this debt, and the only way that the government can guarantee that people don't default on their mortgages is to make their house worth "more", what will the government do?

This is a back door into causing inflation and yet the dollar is going up. I just love our goofy, and manipulated markets!