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A month ago two billionaires began a public dialogue that can enlighten us all about the Dark Corners of the American government. It began earlier this month when Hugo Salinas Price noticed that the reserves of Central Banks around the world had declined by a trillion dollars. Central Banks had dumped a trillion dollars in US government bonds in the 17 months ending January 8, 2016. Normally that kind of fire sale of assets would have taken down the US and global economies.
Another billionaire had an answer. Rob Kirby said the US Exchange Stabilization Fund bought that trillion dollars in bonds. The Exchange Stabilization Fund was created in 1934. It is above the law and any Congressional oversight. The CIA has been subject to Congressional investigation but never the ESF. It was initially funded when FDR asked Americans to turn in their gold coins that were valued at $20.67 per…
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