Skip to comments.The Federal Reserve and the Shadow Currency and Interest Rate "Market"
Posted on 08/03/2009 11:19:59 AM PDT by fiscon1
That's a video that everyone that cares about the future of this nation should watch carefully. It's Democratic Rep Alan Grayson from Florida grilling Fed Chairman Bernanke about something called "liquidity swaps". Ask one thousand people what a liqudity swap is and I doubt more than one will have heard of it. All one thousand will have no experience trading them. That's because a "liquidity swap" is something only central bankers trade. That should scare everyone.
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