This is Congressman Alan Grayson questioning Federal Reserve Chairman Ben Bernanke on $550B of loans to foreigners (or ‘central liquidity swaps’ in Federal Reserve-ese’).
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% in value. Grayson asks, was this a coincidence? Bernanke’s answer: yes.
![Glenn Beck - States Test the 10th Amendment [1 of 2] - May 7, 2009](http://i.ytimg.com/vi/W_Lv0Nfvkvo/2.jpg)