Half a trillion

Where did it go?

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In one year (2008), the Federal Reserve increased credit to foreign banks from $24 billion dollars to over half a TRILLION dollars.

Fed Chairman Ben Bernanke seems a little vague on the details.

What banks were the loans made to?

"I don't know."

Well, what countries received the money?

"Europe and other countries."

New Zealand got $3,000 for every man, woman and child.