User: House of Cards: Inflation: Fed Pours Huge Sums Into Foreign Bank Coffers | The Big Picture

Fed Pours Huge Sums Into Foreign Bank Coffers | The Big Picture

And the foreign banks are the ones buying up stocks, making all the magic happen? I suspect it is all the banks feeding at the trough, but why are we bailing out the rest of the world?

Comments

abcabc
because it's a GLOBAL financial system. bailing out the rest of the world has the same effect as bailing domestic banks out. 5/23/13
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