Tags: Bank of England, banks, currency, dollar, federal reserve, money
Bank of England May Provide Liquidity to Fed: “The Bank of England said Monday that it is ready to provide sterling liquidity to the U.S. Federal Reserve if necessary through a temporary currency swap arrangement.”
Why does this news make me uneasy?
Tags: bailout, banks, economy, federal reserve
Groveling Before the Fed: We’ve seen money go out the back door of this government unlike any time in the history of our country,’ Senator Byron Dorgan, a North Dakota Democrat, said on the Senate floor Feb. 3.