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Re:Fed Pledges Top $7.4 Trillion to Ease Frozen Credit by vaksel on Monday November 24, 2008 @04:15PM (#375408)
this is such bullshit, why not give the money to actual tax payers?

That 7.4 trillion, divided by 300 million people(babies included), would mean that every person in the country would get $24,666, so an average family would get $100K to spend.

Don't tell me, that wouldn't stimulate spending.

Instead they give it to banks, who will just use that money to buy some other banks, while they are cheap

Re:Fed Pledges Top $7.4 Trillion to Ease Frozen Credit by robg on Monday November 24, 2008 @04:17PM (#375414)
I got an answer to my same question below. It's a loan to the banks. It wouldn't be a loan to ordinary Americans.