Forget piddly 25-50 point interest rate hikes. The real pain will start June 1st. Fed will start reducing its balance sheet. (Explanation in comments) - The Great Awakening

Forget piddly 25-50 point interest rate hikes. The real pain will start June 1st. Fed will start reducing its balance sheet. (Explanation in comments) (media.greatawakening.win) 💥 B O O O O O M 💥

posted 2 years ago by bubble_bursts (context) 2 years ago by bubble_bursts +185 / -0

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– yeldarb1983 6 points 2 years ago +6 / -0

How does Jackson and the greenbacks play into this?

I'm just a layman, but my understanding is Jackson killed the central bank(the "fed"of the time period) at the time and introduced Treasury dollars, known as "greenbacks", which weren't debt banned the wayreserve dollars are. If there is some sort of "white hat" conspiracy to reform the system, wouldn't taking down the Fed and restoring Treasury dollars be an important step?

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– metapriest 3 points 2 years ago +3 / -0

Blackrock is managing the Fed thru the treasury thanks to Trump's structural changes. On the surface it looks like a private investment bank controlling a semi private central bank controlling the dollar and all stock prices. Other theories exist, but on paper Larry Fink runs the show.

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– yeldarb1983 2 points 2 years ago +2 / -0

is it possible that's why the people puppeteering biden are trying to crash the economy?

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– Battlecat78 1 point 2 years ago +1 / -0

I hope you are correct

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