|
02/2008 Bare Sterns take over by JP Morgan US Federal Reserve contributed 30 Billion |
$ 30,000,000,000.00 |
|
09/11/08 Freddie Mac & Fanny Mae take over by US Federal Reserve contributed 800 Billion |
$800,000,000,000.00 |
|
09/18/09 US Federal Reserve contributed 85 Billion |
$ 85,000,000,000.00 |
|
09/21/09 Special Fund to rescue failing institutions US Federal reserve contributed 1 Trillion |
$1,000,000,000,000.00 |
|
Cost of Afghanistan / Iraq Wars 4.95 Trillion |
$4,950,000,000,000.00 |
|
Total Almost 7 Trillion |
$7,000,000,000,000.00 |
|
Cost for each American {300 Million} |
$23,333.00 |
|
American Money Supply 2001 |
$7,800,000,000,000.00 $15,800,000,000,000.00 |
|
|
|
|
The Fed's Treasury holdings rose $61 million to $479.8 billion... We must either borrow 2 Trillion or expand our money supply from 13.8 Trillion to 15.8 Trillion. |
|
Calculator at: http://www.calculator.com
