The nominal amount of profit is meaningless without reference to the value of the units relative to actual goods and services. In other words, what is the value of the currency today vs then?
The idea that the government could just print money and solve the problem is naive. The costs of that bailout are reflected in a lower living standard and massive government debt as well as further imbalances.
The idea that the government could just print money and solve the problem is naive. The costs of that bailout are reflected in a lower living standard and massive government debt as well as further imbalances.