Fed Secretly Bailing Out Europe
Channel: RonPaulFriends2
Date: 2011-12-29

Wed 28 Dec 11 | 11:50 AM ET
A former Fed official says in the Wall Street Journal that the Federal Reserve is covertly bailing out Europe. Insight with Gerald O'Driscoll, Cato Institute senior fellow, who says the Fed operated a "temporary U.S. dollar liquidity swap arrangement."

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Gerald O'Driscoll, Cato Institute, Federal Reserve, secret, europe, bailout, Wall Street Journal,