The Federal Reserve gave 16 trillion dollars in loans to some of the largest financial institutions and corporations in the world revealed by the first top-to-bottom audit of the Fed. Today the dollar fell against the Swiss Franc showing a flight to quality and safety might be a flight away from the US dollar. And the economy is still shedding jobs as thousands of fresh layoffs at companies from Blackberry to Cisco are announced. Reason's Anthony Randazzo weighs in on these issues.
0 comments:
Post a Comment