Originally Posted by Owain
Originally Posted by Sini
Originally Posted by Owain
Loans from the import export bank that are repaid do not take taxpayers money.


This is categorically not true. To issue these almost interest-free loans, government prints money. This devalues everyone else money. You can visualize it the following way - to lend 10 Bil at 0.5% government steals 1c from everyone, and we never get it back.

Upon what basis do you claim that the loans are almost interest free.


These loans are usually made at a prime rate. Up until very recently prime rate has been nearly zero.

It amazes me how much of your pride you are willing to swallow to defend Trump. You are trying to argue here that bailouts and handouts are a good thing. What kind of a conservative are you?


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