Quote:
Originally Posted by Flasch186
no, you left out the confidence issue. without the confidence issue the amount of $ goes up, exponentially. IOW, after today's debacle the amount needed actually goes up from yesterday. We lost a trillion in Mkt value, today.
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It does not. The amount is the bad loans, not market inflation. I didn't leave ouot the confidence issue either. Reread the proposal Arles gave. Paulson is asking for 250 billion right now. Give him that. Then you work on the rest and have it when it is needed.