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?
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.
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.
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.
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.
That’s a good thing. Time to get this shitshow over with
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.
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.
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
;)
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.
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.
That doesn't change who Snyder is.