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IPFS News Link • Federal Reserve

Denninger: Smuggling Or Counterfeit-Printing?

06-11-2009 • Market-Ticker.Denninger.net/

Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each...

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Reported By Jack Gregson

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