ZeroHedge Translation: "... the Fed’s hiking cycle is dead and buried, and here comes the next round of massive liquidity injections. It also means that the Fed, Treasury and FDIC have just experienced the most devastating humiliation in recent history – just 4 days ago Powell was telling Congress he could hike 50bps and here we are now using taxpayer funds to bail out banks that have collapsed because they couldn’t even handle 4.75% and somehow the Fed has no idea!"
More Money in the Economy = Higher Inflation = We're all Screwed!
It's a clever way to transition the economy to a central base digital currency. All they gotta do is issue the monies back as such and force the play. This has to be Unconstitutional, this is unprecedented territory. Just because they say that's what their doing doesn't mean it has authority to do so. They'll play the clock. How is this legal? A policy is not A LAW.
How did you get that awesome Trump Punisher icon next to your name? I would love to have that if its possible. Do you have to get a certain amount of upvotes or something like that?
In 1968 the dollar was pegged to gold at $32/oz. Then TPTB disconnected from the gold standard and the word "inflation" was born.
Today the price of gold is right about $2000/oz. That means that gold is now 62 times more valuable than before 1968. Put another way, your dollar is now worth about 1.6¢. Feeling the sqeeze yet?
I don't see them sticking to their words in the near future, they never do.
It could very well be the case right now so they can save their rich friends, but to only shit on everyone else right after. If many banks begin to fail right after this (we're seeing the cracks now) and they do indeed print off endless monies, inflation is going to bury everyone. Sounds very precipicy if they stick to their new gun.
There is no earthly way that the Federal Reserve can guarantee everyone's deposits. Commenters here are focused on the inflation, because that was the gist of the article quoted, and yes, printing money causes inflation. However, we are talking several orders of magnitude difference as I pointed out in my other comment.
This is a Federal Reserve panicking. They are trying to appear to be doing something, but their measly 25 billion, which is certainly inflationary, will literally cover just over 0.1 % of the money held by the public.
They claim they are calming the public, but I don't believe them. AT ALL.
Do you feel safe yet?
Of course, most of the public will probably not withdraw all their money. Most can't, because it is invested in say: real estate. And to divest that, would mean putting themselves out of their own homes. So there is a buffer. But what if 1% of people wanted their money in cash now? That is nearly ten times the 25 billion figure.
I see that the rot is spreading as more banks have stopped trading. The noose is tightening.
They're most definitely panicking, and I don't see them following through with their words one bit, as you stated, we're on the same page. That's why I suspect they are only going to help out their cronies with SVB and that's it. This is them trying to save face, but will only fall flat on it soon.
Side note: don't forget that President Trump pulled the Federal Reserve into the US Treasury, which he controlled.
Speaking of: this looks like a CONTROLLED demolition. The Cabal should appreciate that since they like controlled demolitions.
the Department of the Treasury will make available up to $25 billion.
OK sounds like a lot. Not as much as what was sent to Ukraine. But hey, at least they are printing money FOR the US public, Right?
However, as the article points out,
more than 19 trillion dollars is deposited with U.S. banks. Hang on a second, we are talking orders of magnitude here. A trillion = one thousand billion. Three zeros more.
So what this article is actually saying is that just over 0.1% of deposits are 'guaranteed' with this little effort to run 'cover' for the banks. Not to mention that
U.S. banks are now sitting on 620 billion dollars of unrealized losses.
So, 25 billion is a drop in the bucket. Literally.
I'll laugh maniacally the day all of the world is burning down around me knowing that the $100 Billion USD Zelensky has in his offshore account won't even purchase a cup of coffee.
Louis XIV had it made, an entire country dedicated to providing him, his family, and a thousand sycophant aristocrats with living a life of unbelievable wealth and luxury.
Worked out pretty good for him right up to the moment the people who he thought loved him shortened his neck.
The abyss is going to come for the them regardless. It is called the meme stock basket, and led by GME and BBBY it has grown to a problem so huge that it will implode the entirety of the stock market and all of the central bank cartels in one fell swoop.
It seems that if a party, good or bad, wanted to speed up the banking collapse, they could have just „controlled“ large depositors and withdrew en masse when the time is right.
We are in that phase now along with the Band Aid on a cut artery.
If you are old enough to remember the savings and loan crisis, you will recognize that banks will be looted from the inside by those who own and run them with little to no downside as the taxpayers are now forced to bail out all those who invested or had savings there.
The massively wealthy now have a blank check to loot the U.S. Treasury.
Let me see - print money, bail out banks, and turn inflation into hyperinflation, or send more billions to Ukraine and kickbacks to Democrats? Let's do it ALL! Going for the $10 egg.
We can figure Janet Yellen was hired because 1) DEI! 2) Jewish! 3) Obedient puppet of the elite! Yay!
By golly we have the bestest management in the world.
The Federal Reserve is not funded by congressional appropriations. Its operations are financed primarily from the interest earned on the securities it owns—securities acquired in the course of the Federal Reserve's open market operations.
So your collateral will now belong to the government?
pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities,
This was written by Michael Snyder. He's ashamed of his name now, so he omits his last name hoping no one will notice. Every article on that site just says "Michael." I wouldn't take him as a sole source for anything. Even though this article may be correct.
ZeroHedge Translation: "... the Fed’s hiking cycle is dead and buried, and here comes the next round of massive liquidity injections. It also means that the Fed, Treasury and FDIC have just experienced the most devastating humiliation in recent history – just 4 days ago Powell was telling Congress he could hike 50bps and here we are now using taxpayer funds to bail out banks that have collapsed because they couldn’t even handle 4.75% and somehow the Fed has no idea!"
More Money in the Economy = Higher Inflation = We're all Screwed!
That’s a good thing. Time to get this shitshow over with
Zero hedge is a doomer.
True. But anyone who understand the facts of our situation but is not aware of the Q plan is naturally going to be a doomer.
We’re literally on a path to destruction, it just comes down to whether you think we’re going to be rescued or not.
Haven’t been rescued so far
It's a clever way to transition the economy to a central base digital currency. All they gotta do is issue the monies back as such and force the play. This has to be Unconstitutional, this is unprecedented territory. Just because they say that's what their doing doesn't mean it has authority to do so. They'll play the clock. How is this legal? A policy is not A LAW.
Carry On!!!
Always has been.
Sticky for how dangerous and destructive our own Fed Reserve just became.
It has to get worse before it can get better.
People can't be told. They must be shown.
Inflation will be the rude awakening for millions of Americans.
Yep. Nothing gets normies and LIV's engaged in current events like their pocketbook.
If you are comfortably numb, you are not going to act to the idea of it getting worse.
Your situation would have to get worse than the idea of it being worse. Only then will people act.
👆Found the guy in the thread who stockpiles ammo.
How did you get that awesome Trump Punisher icon next to your name? I would love to have that if its possible. Do you have to get a certain amount of upvotes or something like that?
In 1968 the dollar was pegged to gold at $32/oz. Then TPTB disconnected from the gold standard and the word "inflation" was born.
Today the price of gold is right about $2000/oz. That means that gold is now 62 times more valuable than before 1968. Put another way, your dollar is now worth about 1.6¢. Feeling the sqeeze yet?
a privately owned banking system that has enslaved mankind
Nonsense. The Federal Reserve is in no way “our own”. It is privately held.
Does anyone know who owns it?
GC
I know your not allowed to mention their race.
Kek
The ADL has entered the chat
Tell them I said to fuck off😉
👃
Judah fornicated with Tamar, his son's widow. Sounds a lot like the Biden crime family.
I don't see them sticking to their words in the near future, they never do.
It could very well be the case right now so they can save their rich friends, but to only shit on everyone else right after. If many banks begin to fail right after this (we're seeing the cracks now) and they do indeed print off endless monies, inflation is going to bury everyone. Sounds very precipicy if they stick to their new gun.
There is no earthly way that the Federal Reserve can guarantee everyone's deposits. Commenters here are focused on the inflation, because that was the gist of the article quoted, and yes, printing money causes inflation. However, we are talking several orders of magnitude difference as I pointed out in my other comment.
This is a Federal Reserve panicking. They are trying to appear to be doing something, but their measly 25 billion, which is certainly inflationary, will literally cover just over 0.1 % of the money held by the public.
They claim they are calming the public, but I don't believe them. AT ALL.
Do you feel safe yet?
Of course, most of the public will probably not withdraw all their money. Most can't, because it is invested in say: real estate. And to divest that, would mean putting themselves out of their own homes. So there is a buffer. But what if 1% of people wanted their money in cash now? That is nearly ten times the 25 billion figure.
I see that the rot is spreading as more banks have stopped trading. The noose is tightening.
They're most definitely panicking, and I don't see them following through with their words one bit, as you stated, we're on the same page. That's why I suspect they are only going to help out their cronies with SVB and that's it. This is them trying to save face, but will only fall flat on it soon.
Side note: don't forget that President Trump pulled the Federal Reserve into the US Treasury, which he controlled. Speaking of: this looks like a CONTROLLED demolition. The Cabal should appreciate that since they like controlled demolitions.
From a person who can math a little bit:
They say they are making it so that
OK sounds like a lot. Not as much as what was sent to Ukraine. But hey, at least they are printing money FOR the US public, Right?
However, as the article points out,
So what this article is actually saying is that just over 0.1% of deposits are 'guaranteed' with this little effort to run 'cover' for the banks. Not to mention that
So, 25 billion is a drop in the bucket. Literally.
YIIIIKEs.
Perhaps they could find it in their hearts to send that 25 billion to Ukraine instead. Zelenski needs a couple new yachts.
OOOh, you used a Z. You insurrectionamilst!
I'll laugh maniacally the day all of the world is burning down around me knowing that the $100 Billion USD Zelensky has in his offshore account won't even purchase a cup of coffee.
Well, he's a happy camper for now. Maybe for a while.
Louis XIV had it made, an entire country dedicated to providing him, his family, and a thousand sycophant aristocrats with living a life of unbelievable wealth and luxury.
Worked out pretty good for him right up to the moment the people who he thought loved him shortened his neck.
Lengthened
;)
The abyss is going to come for the them regardless. It is called the meme stock basket, and led by GME and BBBY it has grown to a problem so huge that it will implode the entirety of the stock market and all of the central bank cartels in one fell swoop.
It seems that if a party, good or bad, wanted to speed up the banking collapse, they could have just „controlled“ large depositors and withdrew en masse when the time is right.
We are in that phase now along with the Band Aid on a cut artery.
If you are old enough to remember the savings and loan crisis, you will recognize that banks will be looted from the inside by those who own and run them with little to no downside as the taxpayers are now forced to bail out all those who invested or had savings there.
The massively wealthy now have a blank check to loot the U.S. Treasury.
Let me see - print money, bail out banks, and turn inflation into hyperinflation, or send more billions to Ukraine and kickbacks to Democrats? Let's do it ALL! Going for the $10 egg.
We can figure Janet Yellen was hired because 1) DEI! 2) Jewish! 3) Obedient puppet of the elite! Yay!
By golly we have the bestest management in the world.
Thank God tax dollars will support banks doing risky things!
Ok, yours will go to ukraine instead. :P
Clown world!
The Federal Reserve is not funded with taxpayer dollars.
Depends on how you look at it doesn't it!
No, it doesn't.
The Federal Reserve is not funded by congressional appropriations. Its operations are financed primarily from the interest earned on the securities it owns—securities acquired in the course of the Federal Reserve's open market operations.
Open market that is due to monies spent by the people? Government creates nothing. It uses our money to do what it does. Change my mind... Please
So your collateral will now belong to the government?
pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities,
They've got enough to cover the 19 T.
This was written by Michael Snyder. He's ashamed of his name now, so he omits his last name hoping no one will notice. Every article on that site just says "Michael." I wouldn't take him as a sole source for anything. Even though this article may be correct.
Perhaps this article from Bloomberg will clear things up for you ...
https://archive.ph/FMuYW
That doesn't change who Snyder is.