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Tuesday, July 17, 2012

World’s Most Prestigious Financial Agency – Called the “Central Banks’ Central Bank” – Slams U.S. Economic Policy - Washington's Blog

World’s Most Prestigious Financial Agency – Called the “Central Banks’ Central Bank” – Slams U.S. Economic Policy - Washington's Blog

 The central banks' central bank, the Bank of International Settlements or "BIS" -- which is the world's most prestigious mainstream financial body -- has slammed the policy of America's economic leaders.
This is especially dramatic given that the banks own the Federal Reserve, and that the Federal Reserve and other central banks -- in turn -- own BIS. In other words, BIS is criticizing one of its main owners.

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