Great succinct video here on the Geithner plan just in case you’re still having trouble wrapping your head around the biggest theft in U.S. history. Looks like there is nothing stopping the banks from just buying the assets from themselves and sticking you and I with the losses:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.