Here is a video which explains the future repercussions of the recent "bailout" of the government for Fannie Mae and Freddie Mac. The end result will be inflation, and this is not the first bailout by the government in regards to banks. Each time the government does this, it results in inflation. Inflation of this kind, is the most unfair tax of them all as it affects the poor or those on fixed incomes the most.
1 comment:
Here! Here!
This "bail out" junk is a bad idea. I personally think it will effect my near future in trying to purchase a home.
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