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Not a fair bailout for all?
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<blockquote data-quote="Flipx99" data-source="post: 5398515" data-attributes="member: 562352"><p>Depends.</p><p></p><p>If people chose to stuff their paycheck in a matress than put it in the bank, then banks cannot lend. You are assuming that at a certain price people will buy those financial instruments. That is not entirely true.</p><p></p><p>Trash is an asset, but it cannot be sold for pennies on the dollar. We actually have to pay people to take it.</p></blockquote><p></p>
[QUOTE="Flipx99, post: 5398515, member: 562352"] Depends. If people chose to stuff their paycheck in a matress than put it in the bank, then banks cannot lend. You are assuming that at a certain price people will buy those financial instruments. That is not entirely true. Trash is an asset, but it cannot be sold for pennies on the dollar. We actually have to pay people to take it. [/QUOTE]
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