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Author Topic: Former Fed Reserve official; Fed secretly bailing out EU banks [Locked]
Aerlinthian  4 stars
Posts: 2,126
Registered: 2001-5-7 23:53:38
 Date Posted: 1/1/00 12:00am Subject: Former Fed Reserve official; Fed secretly bailing out EU banks
Sorry, I've only a video link at the moment as I haven't yet found the WSJ story on their site.

A former Fed official says in the Wall Street Journal that the Federal Reserve is covertly bailing out Europe. Insight with Gerald O'Driscoll, Cato Institute senior fellow, who says the Fed operated a "temporary U.S. dollar liquidity swap arrangement."

http://youtu.be/_u8tFqOIarc (5:01)
Mastara  4 stars
Posts: 1,446
Registered: 2004-12-29 22:52:21
 Date Posted: 1/1/00 12:00am Subject: Former Fed Reserve official; Fed secretly bailing out EU banks
Nothing surprising here.

 

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Mastatheimposta - 10L2 SB Merlin
Aerlinthian  4 stars
Posts: 2,126
Registered: 2001-5-7 23:53:38
 Date Posted: 1/1/00 12:00am Subject: Former Fed Reserve official; Fed secretly bailing out EU banks
The more you know.
Friarspam  3 stars
Posts: 638
Registered: 2007-1-23 07:01:27
 Date Posted: 1/1/00 12:00am Subject: Former Fed Reserve official; Fed secretly bailing out EU banks
The Fed is a private business that power-brokers in order to attempt to amass wealth, what do you expect them to do?*


*Yes, that's correct, they're PRIVATE (i.e. not the government)

 

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Corky_Aloof  2 stars
Posts: 445
Registered: 2004-6-2 07:33:41
 Date Posted: 1/1/00 12:00am Subject: Former Fed Reserve official; Fed secretly bailing out EU banks
I have no doubt large scale under table dealings are going on. Always has been.

 

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