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To: Ilaine who wrote (6000)7/18/2001 5:20:25 PM
From: Ilaine  Respond to of 74559
 
While off on a tangent, ran across some stuff on the Exchange Stabilization Fund.

clev.frb.org

Look down at the bottom of the preceding linked article - as of 9/98, we were holding $8 billion worth of Yen, and $5.8 billion worth of German marks.

And the guy who decides how to run it is this guy:

ustreas.gov

A couple more links but just to abstracts:

You have to pay for this one, but I think it's $5:

ideas.uqam.ca

This one's free - Anna Schwartz, for the Cato Institute, arguing that the ESF and the IMF should be abolished - you tell 'em, Anna:

ncpa.org

Oh, ratlets, here's Harry Dexter White again. Sometimes I think even I am starting to believe in black helicopters.-g-

netec.mcc.ac.uk