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Forum Post: This is what a trillion dollars looks like

Posted 10 years ago on Dec. 7, 2011, 2:01 a.m. EST by alouis (1511) from New York, NY
This content is user submitted and not an official statement

http://www.dailycognition.com/index.php/2009/03/25/what-1-trillion-dollars-looks-like-in-dollar-bills.html

Yep the federal reserve lent out $7.7 trillion at almost zero interest to the banks, not to the unemployed, not to struggling home owners, not to renters in arrears, not to struggling small businesses. NOPE.

16 Comments

16 Comments


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[-] 2 points by FawkesNews (1290) 10 years ago

Holy Motherfucking Goddamn.!

[-] 0 points by alouis (1511) from New York, NY 10 years ago

yeah, it's immense.

[-] 1 points by FawkesNews (1290) 10 years ago

It all seems so fraudulent and transparent, like the emperor and his nudity. Wielding power and hoarding wealth are not one in the same.

[-] 0 points by alouis (1511) from New York, NY 10 years ago

Yes, it seems absurd.

[-] 1 points by FawkesNews (1290) 10 years ago

And yet... A trillion dollars seems a bargain, when purchasing the right to continue living, from those with that sort of power. The wealth often is redistributed after a dramatic period of change. An inevitable and pending change appears to be right on the horizon these days.

[-] 0 points by alouis (1511) from New York, NY 10 years ago

I hope you're right.

[-] 1 points by FawkesNews (1290) 10 years ago

Thanks, me too. It may be a good time be accustomed to poverty, well read in Solzhenitsyn, and able to enjoy the most simple things in life.

[-] 2 points by jimmycrackerson (940) from Blackfoot, ID 10 years ago

Wow!...just wow...

thanks for sharing this!

[-] 1 points by jomojo (562) 10 years ago

A forest.

[-] 1 points by Wealthy (20) 10 years ago

Of course, the key word there is lent. The strugglers aren't likely to pay it back if they can't pay it in the first place.

[-] 0 points by alouis (1511) from New York, NY 10 years ago

And the banks are able to repay? Sure. Borrow at zero, lend to the government at three.

[-] 1 points by Wealthy (20) 10 years ago

You prefer a collapse? I wonder if you people have any idea what would happen to you personally if half the crap you dream about came true.

[-] 0 points by alouis (1511) from New York, NY 10 years ago

"Prefer" a collapse? No, I don't want to see worse than there is right now. As far as home prices go, I see no solution. They're too low for the people in them, too high for people who want them.

[-] 1 points by Wealthy (20) 10 years ago

Worse than right now is picking garbage in Mumbai for a living. What must really poor people think about these fools.

[-] 1 points by bill1102inf2 (357) 10 years ago

And BOA sold 70 TRIL worth of insurance that is about to blow up in their face.......

[-] 1 points by richardkentgates (3269) 10 years ago

one could only hope