Are Foreign Purchases of U.S. Treasury Bonds Being Faked?

Washington’s Blog
Tuesday, Sept 15th, 2009

Everyone knows that the American government is gaming the market for treasury bonds to some extent.

For example, the government has itself bought some U.S. Treasuries.

Some writers, such as Rob Kirby and Ellen Brown, go much further, alleging that Bernanke and the boys have also used hedge funds in the Cayman Islands to secretly buy huge sums of U.S. treasuries using dollars printed by the Federal Reserve, while pretending that independent “Caribbean banksâ€