The Undollar Digest

Trillion Dollar Madness

Robert Wenzel, www.economicpolicyjournal.com, 05/10/2010
European policy makers have unveiled an unprecedented loan package worth almost $1 trillion and a program of bond purchases to stop the sovereign-debt crisis. The Federal Reserve will also play a role through currency swaps.
The 16 euro nations agreed in a statement to offer as much as 750 billion euros ($962 billion), [...]


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