Why Is the Fed Bailing Out the World … On Our Dime?

Why Is the Fed Bailing Out the World … On Our Dime?

Fed Pours Huge Sums Into Foreign Bank Coffers We noted even before the TARP bailout law was signed into law that bailout moneys could flow to foreign banks. We were right. A large percentage of the bailouts went to foreign banks (and see this). And so did a huge portion of the money from quantitative easing. More here and here. Ron Paul noted in 2011 that essentially 100% of New York Federal Rese

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