Russ Roberts nails it over at Cafe Hayek:
Please remember that the cost of the TARP isn’t the cost to taxpayers. Even if banks paid back every single penny, the cost of the TARP is that it reduces current and future prudence.
Comments Off on The Real Cost of TARP
Posted in Bailouts, Economics
Tagged bailout fever, Bailouts, cafe hayek, prudence, risk, russ roberts, tarp
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