Interview: Unusual Pre-9-11 Currency Movements; an Ex-Federal Reserve Employee Talks to Robert Wenzel
Submitted by EconomicPolicyJournal.com
Bill Bergman-a former Federal Reserve (Chicago branch) economist and policy analyst, who has raised concerns about unusual currency transactions pre- 9-11----including billions in one hundred dollar bills, is the guest this week on the Robert Wenzel Show.
Bergman worked at the Chicago Federal Reserve for over 13 years as an economist and financial markets policy analyst, until he started asking questions about unusual currency movements before 9-11. On the show we talk about what happened to him, after he started his investigation.
We also talk about how the Fed's Biege Book is assembled, the trillion plus dollars sitting at the Fed as excess reserves, the LIBOR "scandal", Warren Buffet and much more...
YouTube and podcast versions may be found here:
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EB: On the same topic, see this April 2011 report at ZeroHedge regarding Mr. Bergman's termination written by one Jr. Deputy Accountant (who, apparently, was not picked up in a chauffered black helicopter and still writes to this day here).
Finally, we crunched the numbers, and indeed found a material spike in currency during the ten weeks preceding 9-11 when compared to the previous five years. All the more compelling, considering the average includes the cash dump prior to the Y2K event in 2000. See here:
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The Robert Wenzel Show is broadcast every Sunday morning at 7:00 am. Previous guests include Robert Morrow (on the JFK assassination), Peter Schiff, libertarian candidate Gary Johnson (worth it for the fireworks), James Altucher (how he lost $15 million dollars), Derek Pilecki (inside Goldman Sacks asset management division) and many more.