So are the banks just going to funnel money back and forth now to try to keep a crash at bay?
(media.greatawakening.win)
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I have a friend that sent a picture of their computer screen because the article is internal only from Wells Fargo to their employees. This friend was laughing and said, "This shit is getting ridiculous", and I have to agree.
Why do banks have a problem? Cant they just print money? At this point in the game the veil has been lifted. Lets all just enjoy that hot and fast quantitative ease right into hyper inflation.
FED prints the money and generously loans it to the banks to back their swaps and speculative derivative investments.
Problem is, inflation has diluted the value of a dollar, so when a bank holds a mortgage for $100,000, and expects to make 5% compounded interest over 30 years, the buying power of each dollar (and future dollar) is deteriorating at an accelerating rate.
Now apply this to many thousand properties and business to get an idea of how fast this is imploding.
i am old enough to remember "kite-ing" checks, close to payday...looks like the banks are kite-ing now...
Kite-ing is illegal, unless your a banker.
I was under the impression that's what they've been doing for decades already. The only difference now is that the sickness has finally grown too big to hide.
yes
Looks like a struggle now to see who they throw under the bus.
Talking points? hahahaha
SHTF. Soon.