The BBC reports the US government is unveiling a plan to spend up to one trillion dollars to unload "toxic" assets. Why not let these assets drop to their true market value, the price at which they are not artificially propped up by government and the price which they are no longer "toxic"? Let the assets be bought up at fair market value? No. That is not how government works. Government must protect it financiers.
How will the government pay for this? The government creates nothing. They can only raise money by taxing, or, since no one has anything left to take, they will just print more money.
How will you pay for it? Inflation...
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