This is Congressman Alan Grayson questioning / grilling Federal Reserve Chairman Ben Bernanke on $550B of loans to foreigners (or ‘central liquidity swaps’ in Federal Reserve-ese’). [youtube]n0NYBTkE1yQ[/youtube] Which financial institutions received this money? Bernanke’s answer: I don’t know. As the Fed was lending this money, the dollar increased by 30% […]