Thursday , March 28 2024
Home / SNB & CHF / Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

Summary:
The Fed is launching a new billionaire bailout designed to keep banks afloat, and the FDIC is promising to back potentially trillions in deposits. The taxpayer will ultimately be on the hook.  Original Article: "Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It." This Audio Mises Wire is generously sponsored by Christopher Condon.  [embedded content] Tags: Featured,newsletter

Topics:
Ryan McMaken considers the following as important: , ,

This could be interesting, too:

Connor O'Keeffe writes Is the Violence in Haiti a Preview of a Libertarian Society?

Douglas French writes Tapping 401ks to Pay the Bills

Marc Chandler writes Dollar Extends Gains Against the Yen but Broadly Firmer Ahead of the FOMC

Grey Haneberg writes Reimagining Public Safety – The Case for Privatizing Security

The Fed is launching a new billionaire bailout designed to keep banks afloat, and the FDIC is promising to back potentially trillions in deposits. The taxpayer will ultimately be on the hook. 

Original Article: "Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It."

This Audio Mises Wire is generously sponsored by Christopher Condon. 


Tags: ,
Ryan McMaken
Ryan McMaken is the editor of Mises Wire and The Austrian. Send him your article submissions, but read article guidelines first. (Contact: email; twitter.) Ryan has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

Leave a Reply

Your email address will not be published. Required fields are marked *