The Fed Sent $76BN To Treasury In 2022; It Is Now Sending $650 Million To Banks Every Day Instead
(www.zerohedge.com)
Inflation & Democrats đź’¸
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Do you guys remember what Trump did in April of 2020? he basically wrote an EO running the Fed thru the Treasury, Larry Fink and Blackrock were involved...
this is not talked about nearly enough.
Agreed. And what are the implications? Did Fink flip? Is the Fed circumventing the treasury (it's own host) to send cash to the banks directly?
have no idea. read an article or 2 on it and everyone stopped talking about it. wonder if any of Trumps still sealed PEADs have something to do with it?
Dasting...
Was that the EO where somehow he was head of the Federal Reserve?
yess I recall that big headline and someone in an article had a line that said basically "Trump has taken control of the fed"
Seems as though nothing ever happened though.
Right around that time when they injected trillions from nowhere into the stock market to prop up every corporation to get through Covid. Shit has been fishy as hell since the start of 2020.
Hate to say it but often feels like we were majorly sold the fuck out. None of the response to covid, the BLM riots, 2020 election leadup, post election steal, or Jan 6th made any sense and were EXTREMELY out of character for Trump. None of the fight he had going into 2016 was present. Then to top it all off you have Q going silent and the immediate shutdown of the boards at the same time in Dec 2020.
You said the key word...stock market. Watch what happens when patriots are in control.
Rocket
Yes. And it allowed him to replace some board members, right?
Wasn't that in the CARES Act that passed the Senate 99-0??
The Fed is functioning exactly as it was designed to. They are the monetary gate keepers, all avenues begin and end with them. This is how a cartel of psychopaths own countries. As Mayer Rothschild allegedly said, "Give me control of a nation’s money and I care not who makes her laws.”
A great read that breaks down the banking cartel and how exactly the central banks, IMF, World Bank, etc, function in an easily digestible way is, The Creature from Jekyll Island By G. Edward Griffin.
Great post! Thanks!
Not an economic mind (sorry). What does this mean exactly?
Agree. Can someone please explain?!
I'll try. Banks have capital requirements. Some banks have more than they need, some have less. So essentially, the poor bank who needs cash borrows it overnight and then pays it right back to the rich bank with interest. This interest is paid by the Fed. And there's so much freaking money in the money supply, there is like over $2T of these arrangements on the Fed's books every night, so it's costing the Fed $650B daily in interest paid out to banks. The article points out the irony that the Fed is big time subsidizing the banks (subsidized anything is a problem for a free market) and because of their stupid interest rate policies combined with the massive money supply, the Fed is getting squeezed, hard. So yay, white hats winning the battle with the Federal Reserve! That's it, in a nutshell.
Very clear, thank you!
Are you being sarcastic? Sorry I couldn't tell. I'd really like you to not be sarcastic. If youre serious, could you help me understand how this means white hats are winning in the Fed Reserve battle? I've always hard a hard time wrapping my head around the mechanics of our money supply...
I was not trying to be sarcastic. My explanation is definitely over simplified and doesn't go into what is a repo and a reverse repo. They don't want people to understand. The topic is deliberately obfuscated. I can't give you my finance degree, but I can point to to you investopedia.com, which can get you up to speed
Money is being printed and given to the banks as interest payments to the debt that we owe to the banks for printing money and giving it to the banks.
This is literally the reason why white hats couldn't stop the steal in 2020 and have been unable to do anything since. The cabal's central banks are able to keep the financial system on indefinitely via cash-out-of-thin-air influxes from the FED.
Greatly fear that white hats cannot make a move until the dollar bottoms out, and there seems to be no counters against endless printing by the FED.
I found it amusing that just as Quotative Easing was forced to stop by Trump, they rolled out the China Virus fear campaign. Wasn't Q4 2019 the last quarter for QE? Oh boy, back then I was so optimistic. I wish we could turn back the clocks.
Dude same. Was just explaining this in another thread, the level of hope back in Q4 2019 and then Q1 2020 it all came down to a crashing halt. Nothing but extreme loss after extreme loss starting in Feb of 2020.
Sadly the whole thing has felt like they were outmaneuvered by a series of plays they had no counter for throughout 2020. Everything since has been questionable decisions at best from Trump and team, with frequent horrible calls sprinkled throughout.
Yeah I think it was more like starting in March 2020 and escalating downhill ever since, but same feels. Feels bad man, still feels very bad man.
Like the Guiliani hair dye fiasco…what a mess
Been one long neverending humiliation campaign
I don't know about that.. Their ultimate covid lockdown failed (Vax pass, employer Vax mandate, permanent lockdown) and ultimately we are opened up again. Their gun control failed. Supreme Court voted that abortion goes to the states. SC voted that coach can pray on the field. AZ and a few other states were still stolen during midterms, but all in all I think were doing pretty good.
Sticked: This things are always good for Anons to bookmark because if/when the economy really dumps, we can help inform Sheeple of why
ELI5 plz
I'd love to know as well
Is it true that Fed gets 6% dividend no matter what?
Edit. Found this.
Old Article from 2014...
https://newrepublic.com/article/116913/federal-reserve-dividends-most-outrageous-handout-banks
This Is the Fed's Most Brazen and Least Known Handout to Private Banks
David Dayen March 9, 2014
How can the FED lose money? I thought it simply received interest on money it printed by the GOVT, meaning thr gove pays to use its own money.
Money printer go brrrrrrrr
Meanwhile.
https://www.reuters.com/markets/us/yellen-urges-us-congress-act-quickly-debt-limit-2023-01-13/
...ouch....
Is this bad?
Funny, they're not sending any of my Bitcoin.