Chart of the year

by Russ Roberts on September 30, 2009

in Financial Markets, Frenetic Fiddling

From this Washington Post article:

FDIC

Look at that last bar in the chart. It a fading red line to suggest really negative but who knows how much. “Officials did not project a specific number.” What!?! Better sorry than safe, I guess. At least they’re sort of honest.

What is the bill going to be for all the Fed and Treasury and FDIC and FHA and State HFA and auto and other bailouts? Who is keeping track?

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