Bail Out

The Treasury and the Federal Reserve are bailing out virtually everyone, but who is going to bail them out?

The Treasury does this by taking on more government debt; while the Federal Reserve does this my magically creating money from simply expanding their balance sheet. In both cases, in other words, the money used to bail everyone out is created out of thin air. When this charade ends and this house of cards collapses, who is going to come to the rescue?

Public School Disasters

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