whats in bailouts dude?

Bailout to banks everywhere...what exactly is happening and what does it mean?

Bailout, as done by US and EU countries here means helping people who do scams so large that its better to get them out of mess than admitting mistakes for allowing it to happen. Its just that!

So, now what about the common people who lost money for mistakes of bunch of casino traders? - They can protest in front of some political offices and go back home cribbing.

Will the bailout really solves something? NO, NOT AT ALL. Close to trillion dollars have been used as bailout so far, across the continents. Nothing happens because you are trying to value assets whose worth you don't know at all.

Where does govts get that money from? They print money....simple and straight. That cause inflation as more supply increases.

Is it better if not bailed out? YES! Countries might have financial problem for following couple of years, then markets will correct themselves. Its better than debasing the currency and getting into bigger trouble.

Here is the longstanding crusader against this form of corporate socialism: