The Federal Reserve is Secretely Bailing out Europe
by Washington’s Blog
December 29, 2011
Former High-Level Federal Reserve Official: Fed Secretly Bailing Out Europe
Yes, We Are Bailing Out Europe
Federal Reserve chair Ben Bernanke told Congress that the Fed would not bail out Europe.
But he might have been less than forthcoming.
Former Vice President of the Federal Reserve bank of Dallas, Gerald ODriscoll, says that the Fed is secretly bailing out Europe: