Fed's Global Pawnshop Hands Out $9 Trillion in Short-term Loans to 18 Financial Institutions

Interest-Rates / Credit Crisis Bailouts
Dec 05, 2010 - 05:41 AM

By: Global_Research

mybudget360.com writes: Federal Reserve made $9 trillion in short-term loans to only 18 financial institutions. Since 2000 the US dollar has fallen by 33 percent. The hidden cost of the bailouts.

The Federal Reserve released a stunning report showing the details of bailouts that occurred during the peak of the credit crisis. They won’t call it “bailoutsâ€