2012-07-17washingtonsblog.com

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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