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Why is the US dollar so high?
#63

Why is the US dollar so high?

The Federal Reserve recently gave out $26 Trillion, much of which was given to foreign banks as illuminated in a 2011 GAO audit. Page 131 shows $16 Trillion in bailout money, and page 205 shows $10 Trillion in direct currency swaps.

http://www.gao.gov/assets/330/321506.pdf

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I am sure much goes on behind closed doors at the Fed which we will never know about.




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