The FED increased their SDR balance by 500% in last week of August
Submitted by newt on Mon, 10/12/2009 - 18:21
in
Why Did U.S. SDR Holdings Increase Five Fold In The Last Week Of August?
http://www.zerohedge.com/article/why-did-us-sdr-holdings-inc...
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Intriguing article, very well done
To tax-cheatin' Timmy I say "Strong dollar, my ass". To the Oracle of Princeton I say "The Fed has the tools at their disposal to drain excess liquidity from the system, my ass".
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Paying for the priviledge to weaken the dollar
Is this from the $105 billion congress allocated to the IMF at the Obama admins urging?
Thank you
for this very informative article that surprisingly (to me) was written in language that even I (financially illiterate) could understand...
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Well that is interesting
I bet they are just stocking up for Christmas.
Truth exists, and it deserves to be cherished.