Exchange Stabilisation Fund

The biggest US Dept. you've never heard of:

http://www.marketskeptics.com/2011/06/the-esf-and-its-history.html

http://www.youtube.com/watch?v=ImuVUab6WW0&feature=player_embedded

http://www.youtube.com/watch?v=8Qsll_5-FXc&feature=player_embedded

http://www.youtube.com/watch?v=iK-741ISz94&feature=player_embedded

http://www.youtube.com/watch?v=lQf-u2nCVSw&feature=player_embedded

As it says, they work from within the Federal Reserve, but without oversight, or control. They let the FED take the praise and the blame, and work as a huge slush fund, in the shadows. So here we have another view on the Fed and its influence on the money supply...

Classic!