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Now, Nancy Pelosi is being asked to bail out Wall Street, again, earlier than the election - to make President Trump look good? Fiat rex! In a depression, money is king. Bankruptcy is a conversion of debt to equity; fiat foreign money is inventory in the government. Government stock pays no dividend and is useless - similar to Bitcoin. In both instances, a central financial institution had a danger limit; the market saw this limit, and speculated against it; the financial institution lost and the market won. Treasury lost nothing. If both law and idea had not convinced the Fed that it may well, should and should win without taking on danger of its personal, and satisfied Treasury that it could actually win and switch a profit by taking limited risk, these experiences would have.
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