New Benjamins a $110 Billion Problem

New Benjamins a $110 Billion Problem

The total face value of the unusable bills, $110 billion, represents more than ten percent of the entire supply of US currency on the planet, which a government source said is $930 billion in banknotes.

Bank of America next on the Wikileaks hit list?

Bank of America next on the Wikileaks hit list?

Speaking to Andy Greenberg of Forbes, Assange said the leak — to be unveiled early in 2011 — “will give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms.”

Federal Reserve Names Recipients of $3.3 Trillion

Federal Reserve Names Recipients of $3.3 Trillion

“These disclosures come at a politically inopportune moment for the Fed,” Sarah Binder, a senior fellow at the Brookings Institution in Washington whose research focuses on Congress’s relationship with the Fed, said before the release.

The Dollar – Death by a Thousand Cuts

The Dollar – Death by a Thousand Cuts

Recent news that China and Russia have agreed to conduct bilateral trade with their own currencies could not have come at a worse time. By The Freeze|Men With Foil Hats.com China and Russia have been tactful in saying that “this action is not aimed at...