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