Investors.com
Immigration's Impact: Among the enablers of illegal aliens — the coyotes, the document forgers, the flophouses, the sweatshops — the hardest to fathom is the U.S. Federal Reserve. But it's in on this racket, too.
The central bank's efforts to foster the cheap transfer of money earned in the U.S. back to Mexico is a big reason immigrant remittances are expected to hit $24 billion this year, up 20% over 2005, a study by the Inter American Development Bank shows.
Posted by tyne at October 20, 2006