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ieddyi

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ieddyi

Re: sluggo33 post# 67142

Sunday, 09/21/2008 6:17:12 PM

Sunday, September 21, 2008 6:17:12 PM

Post# of 494158
The CEO's pay is peanuts ( it should be cut if the company has to be bailed out )

The relevant part is how to value the toxic debt. Right now, nobody will touch it. The Fed will have to value it before they can sell it . Too high and there will be hyperinflation, too low and the bailout won't work and we get deflation

Bottom line, the massive debt issue to finance this will cause inflation no matter what
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