Ben Bernanke tries to justify bailing out Bear Stearns
Uploaded by: germanjournal
Video Description:
International report on German Journal takes a brief look at Ben Bernanke's defense of having the Federal Reserve bail out investment bank Bear Stearns with discount window inflation money.
Tags for this video: banking Bear Ben Bernanke central Congress currency discount econom Federal fiat inflation money Reserve Stearns window
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Did you hear Congress voted to send a billion dollars to Georgia this week? I think they said it had something to do with being nice.
When we can't pay for our medical/car insurances, rent, utility bills, food, fuel, etc. . . is Congress going to bail us out, too? That'd be nice.