Did the Fed Begin Secret Bailouts in 2007 Before Anyone Knew of the Pending Crisis?
By admin / July 30, 2019When the GAO report came out on the Quantitative Easing by the Federal Reserve, it uncovered a secret $16 trillion feeding tube from the Fed structured as revolving, low-cost loans to any bank (foreign or domestic) teetering on the edge. Amazingly, the audit showed the Fed started the loans in December 2007 – long before […]