$40 billion per month just got added to the bailout cost

[NJ5]

TheRealMafoo said:

NJ5 said:

The $700 billion was probably just a random number they thought up... 

 

No, it's the maximum number the treasury is allowed inject into the economy at one time. If the ceiling was 3 trillion, that's how much they would have asked for.

Thanks for the correction! That actually supports the idea I had though... the $700 billion number is meaningless except as a lower bound. The MSM didn't show much interest in discussing this as far as I've seen.