Wikinvest Wire

Your tab for the bailouts

Tuesday, November 25, 2008

From EconomPicData comes this summary of what the last year's worth of bailouts would cost each and every taxpayer, if we ever had to pay for it all.
IMAGE Of course, the good news is that we won't ever have to pay for it - at least not in actual taxes. We'll surely pay for it through higher inflation and our foreign creditors might ultimately realize that their dollar holdings have far less purchasing power over time, but don't worry about getting a tax bill for $90,000.

ooo

1 comments:

barnaby33 said...

Tim, its the last sentence fragment that bothers me. One way or another we'll pay.

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