Monday, January 5, 2009

how much liquidity has been pumped into the system?

according to bianco research, here are a few examples of historical us government expenditures (in inflation-adjusted terms):

marshall plan - 116 billion
louisiana purchase - 217 billion
race to the moon - 237 billion
s and l crisis - 256 billion
korean war - 454 billion
the new deal - 600 billion
gulf war 2/war on terror - 625 billion
vietnam war - 700 billion
nasa - 850 billion

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