YOU MUST WATCH THIS VIDEO NOW: Federal Reserve Vice Chair Donald Kohn explains why we can't know who has our money.

YOU MUST WATCH THIS VIDEO NOW: Federal Reserve Vice Chair Donald Kohn
explains why we can’t know who has our money.
 

9 thoughts on “YOU MUST WATCH THIS VIDEO NOW: Federal Reserve Vice Chair Donald Kohn explains why we can't know who has our money.

  1. With the Federal Reserve Bank being the lender of last
    resort and their stated goal to stabilse the economy, there
    is some logic to not disclosing the actual recipients of
    the bail-out money. Knowledge of which companies are
    recipients would be counter-productive to the point of
    the lending by causing more unstability for that company and
    the U.S. economy as a whole

    So the Federal Reserve Bank is caught in a difficult
    position between quietly (or secretly)
    lending money to organisations that need it, versus
    letting those organisations collapse, which will cause
    further depressions in an already weak economy.

    No doubt, it is a form of government spending in an effort
    to reduce as much as possible the negative effects of this
    particular recession.

  2. Our government is run by Robber Barons and thieves. They will be the cause of the death of this country.

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