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Cebu_4_2
28th March 2020, 10:45 AM
This could explain the "pandemic"

I don't believe anything Q but a very interesting theory.

https://forbiddenknowledgetv.net/rip-federal-reserve/

Rumors swirled on Twitter yesterday evening that the Fed and Treasury are being merged into one organization and people celebrated joyously over the demise of the Federal Reserve Bank.

Despite this being incredibly newsworthy, there has been no public announcement of this. It only seems to have been published in a negative opinion piece by Jim Bianco on Bloomberg and syndicated by Yahoo! News.

The reason why MAGA Twitter was aware of this obscure piece – and jubilant over it – was because someone tweeted the link and then Q almost immediately posted it, at 4:58:17PM (17:17) with the comment, “This is not another [4] year election. Q”

According to the Bloomberg piece, the Fed will finance a special purpose vehicle (SPV) to allow them to buy commercial paper, asset-backed securities, corporate bonds and bond ETFs in the secondary market:

“The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a ‘first loss’ position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.

“In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.

“This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.”

On Twitter, @3Days3Nights explained it like this:

“Old Fed – [They] OWNED the secured assets & interest on our $22T debt while our US Treasury OWED all the $22T debt.
New Fed – US Treasury will OWN the secured assets & interest on our $22T debt & the Fed will OWE all the $22T debt.
This will take a few months. #QANON

“For example, our Treasury will now treat the NewFed like the NYSE. A broker of sorts that owns no collateral. It just processes transactions for our Treasury for micro fees.

“The KEY is that our Treasury will hold the collateral on debt & not the Fed. That makes debt our asset.

“So when our Treasury loans money to a company like Goldman, it receives a convertible note as equity. If the company fails to pay, our Treasury converts debt to equity and owns a big chunk of Goldman. Old way let the Fed own the convertible note. Outrageous. Those days are dead.

“Even better, out of the $22T in debt, about $6T could be waived immediately because it is a non-marketable security owed internally to another branch of government. I expect all non-marketable debt to disappear over time. Just simply remove it from the Treasury balance sheet.

“Since the NewFed will be a clearinghouse of sorts, and since we clearly now have control of it, we can force nations to remove their deep state in exchange for a chance to participate in this new era of debt freedom. Iran, NK & other rogue nations will play ball for debt relief.

“Never forget that the Fed used blackmail and coercion to convince our Congress to vote them into existence over 100 years ago. And they never stopped using the same tactic to make sure no law was ever passed to legally remove them from power. Until today.

“Now ask yourself what entity funded the creation of the Fed in the first place. And what same entity has people pay them to freely confess their sins to a non-paid employee only to allow their mafia branch to then blackmail that same person into submission.

“Less debt on Treasury balance sheet means less interest payments. And it frees up trillions to remove debt from college students, mortgage interest, car loans, corporate debt, which stimulates the economy to create jobs which generates more tax revenue which means lower taxes.

“Restructure not reset. Gentle…

“The changeover just started. It is not anywhere near complete. However our Treasury is raiding the Fed legally right now. We are using the Fed’s own tools against it because they never anticipated a Cabinet or Congress that couldn’t be coerced into doing what they wanted.”

According to Dave at the X22 Report, this means that, “Trump and the Patriots have taken the first step in getting rid of the central bank system. It has now been confirmed, other nations now are going to be moving in on their central bank establishments…

“We knew this was coming. We knew that this day was going to arrive.

“What’s the next stage? Take control of the currency. Bring us back to sound money. Who’s waiting on deck? Judy Shelton [Trump economic advisor known for her advocacy for a return to the gold standard and for her criticisms of the Federal Reserve] and others.

“Once this merges into the Treasury – and actually Judy Shelton has mentioned this – she will then, once she’s on the board, she will then restructure the entire system.

“We are now moving in a completely different direction. Everything that we knew about the system; the way it works, it’s about to change. We’ve said this for quite a while.

“We are now watching it, in real time change. We will no longer live under debt. We will no longer live under a corporate central bank system. We will no longer struggle the way we’ve been struggling.

“Everything that we knew, everything that we were taught, everything that they were telling us it’s all going to change. Remember, when the central bank’s establishment came into existence, everything changed for the people; in the ’40s, in the ’70s in 2008, it got harder and harder for the people.

“The currency will no longer devalue the way it has. We will not see inflation, which really means the currency is devaluing. It takes more dollars to buy that same item. We will not see that anymore we will not have to live on credit. We will not have to work the way we’ve been working and come home with nothing in our check. It’s all about to change.

“And an anon on the boards wrote something very interesting. ‘We have just taken the power away from the central bank establishment.’ This is what he wrote:

“‘Mnuchin just bankrupted the Fed, Goldman, Sachs, JP Morgan, Chase, etc. It started. The market liquidity is now controlled by Steve Mnuchin and the Treasury Department. That also means we own all central bank requests for credit, for all 186 foreign nations. Folks, a power transfer just went down. The world just went from asking the Rothschilds for credit swaps to asking Steve Mnuchin and the US Treasury for credit swaps.’

“BOOM. We have just seen it happen. This is not about a four-year election this is about a new way of life and it’s happening right now.”

***

My hard-nosed investor friend who is obsessed with the topic of central banks says, “There is no way the right to issue will be given up,” but he says the creation of SPVs does indicate a way “to enter through the front door peacefully and begin the possible process of returning the right to issue back to the people.

“There still is a long way to go here, but it appears the pieces on the board have evened out…The Fed continues to exist, but only as the contracted agency processor of transactions…

“So this is how we get $6 trillion of the medium into circulation or available for circulation without accruing interest for years. Pretty cool, when you think about it.

“The fact that Bloomberg allowed an opinion piece to divulge this has both upside and downside to the release of this data. It will be interesting to see the parameters established for the markets on Monday morning!


“Can’t wait, my popcorn is popped and buttered.”

monty
28th March 2020, 11:45 AM
If it sounds too good to be true them it must be Bull $h!t.

Cebu_4_2
28th March 2020, 01:09 PM
If it sounds too good to be true them it must be Bull $h!t.

But it does make sense in a way.

midnight rambler
28th March 2020, 01:27 PM
LOL The money powers cult is pressing on, the rubes are easily fooled. They WILL have their digital currency or else kill everyone in the process of getting there. Whoever thinks that they give a shit about us little people is delusional.

Amanda
29th March 2020, 09:11 AM
Okay, fwiw, this is what Greg Mannarino is saying...

He says that the Federal Reserve is now the most powerful institution on the face of the planet, they get there power through the issuance of debt (going on a "printing" spree, "printing" money) and they are now on a debt creation binge. They are buying up the world with dollars (GM also seems to be saying that are perhaps pumping $1 Trillion into the market everyday or more), and this is going to destroy the currency and set us up for hyperinflation (I see Lynnette Zang also saying this)

Saw a y/t the other say from Mike Maloney w/title "The race to debase the world's currencies"--but he didn't really talk about it, but my guess is that it looks like all the central banks are doing the same thing, "printing"/creating more currency, to devalue the currency. So it looks like all the world's currencies will lose value at the same time, and then our central banker slave masters will say "hello world, sorry your currencies are worthless, but look what we have for you, a new digital financial system, and don't forget to get your Agenda ID2020, so we can turn you off if you mis-behave."

keehah
29th March 2020, 09:26 AM
https://www.youtube.com/watch?v=TRgRz3nSG7o

Top 18K comment after video:

Only 10 trillion in debt... Oh those were the days.

monty
29th March 2020, 03:53 PM
The story is growing legs.

I believe if this is true and Trump doesn’t direct the Treasury to cease issuance of fiat nothing will change, inflation to the moon

Good News! President Trump May Finally Have Control Over the Fed and Jerome Powell's Insane Economic Policies (https://www.thegatewaypundit.com/2020/03/good-news-president-trump-may-finally-have-control-over-the-fed-and-jerome-powells-insane-economic-policies/)

by Jim Hoft

Good News! President Trump May Finally Have Control Over the Fed and Jerome Powell’s Insane Economic Policies

https://www.thegatewaypundit.com/wp-content/uploads/jim-hoft-headshot-cropped-150x150.jpg
March 29, 2020

https://www.thegatewaypundit.com/wp-content/uploads/Trump-and-Jerome-Powell-600x400.jpg

It’s reported over the weekend that the US Treasury and the Fed have joined forces in an effort to save the economy. This action may provide President Trump the ability to manage the economy as he would have liked these past few years while Jerome Powell from the Fed did all he could to hurt the US economy.

We reported on March 16th (https://www.thegatewaypundit.com/2020/03/the-feds-jerome-powell-screws-america-again-after-president-trumps-positive-actions-on-friday-the-fed-shocks-markets-by-lowering-rates-to-zero-on-a-sunday/) that just when President Trump saved the US economy, crooked Jerome Powell and the Fed shocked the markets by lowering rates to zero on a Sunday.

President Trump gave an impressive presentation from the White House about the economy and the markets rose 2,000 points. After the President’s calming press conference on that Friday the markets ended the day with the largest one day increase in history. The DOW was up almost 2,000 points.

But over the weekend, on a Sunday, Powell lowered the rates as much as he could to nearly zero. This was unprecedented – lowering rates on a Sunday – to rock bottom. The markets responded by crashing on the following Monday.

Had the Fed held off and lowered rates in small amounts during normal business hours the impact and response would have been positive. It was as if again, Powell was trying to damage the US economy.

The Fed and its Head – Jerome Powell – have mandates to”promote stable prices” and “maximum employment” and to ensure a “healthy economy”. However, the Fed’s actions over and over these past three years of Trump’s Presidency have been the opposite.

The Federal Reserve (https://www.federalreserve.gov/aboutthefed/pf.htm) states on their website that two of its functions are to conduct monetary policy and promote financial system stability.

https://www.thegatewaypundit.com/wp-content/uploads/Fed-Reserve-Mandate-600x300.jpg
But the Fed under Powell is doing the opposite.

Just look at the Fed’s rate increases since President Trump won the 2016 election. The Fed lowered interest rates to 0% for the Obama Administration and kept these rates at 0% for the first 7 years of Obama’s time in office. Finally, the Fed increased the interest rates 0.25% in late 2015 for the only increase during Obama’s Presidency up to the 2016 election.

After President Trump won the November 2016 election, the Fed began a steady program of increasing interest rates (https://fred.stlouisfed.org/series/fedfunds). This program continued through April 2019. In total, the Fed increased rates 8 times after Trump won the Presidency. The Fed finally began lowering rates in 2019.

https://www.thegatewaypundit.com/wp-content/uploads/Fed-Funds-Rate-Feb-2020-600x261.png
Top US economist Stephen Moore (https://www.thegatewaypundit.com/2018/12/top-us-economist-stephen-moore-time-for-new-pilot-at-the-fed-jerome-powells-policies-are-disastrous-powell-should-resign/) discussed the Fed’s actions in December 2018 –

https://www.thegatewaypundit.com/wp-content/uploads/Trump2020banner_New.jpg (https://awb.iljmp.com/63/gp-trump2020-banner)

Unfortunately, if you cut engine power too far on a jetliner, it will stall and drop out of the sky.
On Wednesday, December 19, 2018, despite the numerous market-based alarms that were sounding in the cockpit, Chairman Powell and his co-pilots on the FOMC voted to raise the Fed Funds rate to 2.50%. This sucks more dollars out of the economy at a time when the world demanding more dollars – thanks to Trump’s Tax cutting and deregulation policies.

Chairman Powell has been entirely tone deaf to the financial markets he seeks to protect. The Dow Jones Industrial average, which had risen by 382 points on hopes that the Fed would listen to President Trump and stop cutting power, plunged by 895 points after the 2:00 PM announcement, and closed the day down 352 points (1.49%). Poof, trillions of dollars of wealth vanished.

Since its peak on October 3, which, not coincidentally, was right after Chairman Powell gave a speech suggesting that the Fed might be through tightening money, the Dow has fallen by more than 3,500 points [now 4,500]. Market fears about his bad judgment have cut the value of all U.S. stocks by about $4.5 trillion, which is enough to buy 16,000 Boeing 787 Dreamliners.

The Fed economists use twisted logic that the economy is “strong enough” to absorb the rate hikes – which is simply an admission that their policy will slow growth.



The markets were up nearly 50% after a year and a half into President Trump’s Presidency. Then in early October 2018, the Fed Chief announced more interest rate hikes. After that the markets collapsed. The markets were down about 20% by the end of 2018 and the Fed nearly put the US into a recession.

President Trump challenged the Fed in May 2019. While China is doing all it can to protect its economy, the Fed is doing the opposite in the US –
China is adding great stimulus to its economy while at the same time keeping interest rates low. Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening. We have the potential to go…
— Donald J. Trump (@realDonaldTrump) April 30, 2019 (https://twitter.com/realDonaldTrump/status/1123285120864092162?ref_src=twsrc%5Etfw)


The Fed’s raising of interest rates are hurting average Americans’ 401k’s while increasing the US debt –
….up like a rocket if we did some lowering of rates, like one point, and some quantitative easing. Yes, we are doing very well at 3.2% GDP, but with our wonderfully low inflation, we could be setting major records &, at the same time, make our National Debt start to look small!
— Donald J. Trump (@realDonaldTrump) April 30, 2019 (https://twitter.com/realDonaldTrump/status/1123287154833203200?ref_src=twsrc%5Etfw)


We noted this too. (https://www.thegatewaypundit.com/2018/12/the-fed-mandate-is-to-ensure-a-healthy-economy-instead-in-4-mos-fed-destroyed-historic-trump-economy-and-working-americans-life-savings/) The Fed is adding billions to the annual US debt with their corrupt and crooked policy of raising rates on the Trump Administration.

The Fed’s 2.25% interest rates on the federal debt increased the annual debt by $500 billion annually or more than $1 trillion in US debt.

The Fed finally lowered rates in 2019 which led to more stock market all-time highs before the coronavirus panic.

Now over the weekend it is reported that the Fed and the Treasury Department are joining forces to save the economy.

Bloomberg reported:
In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn’t enough to calm markets, though — so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year.

But it’s the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets. Specifically, these are:


CPFF (Commercial Paper Funding Facility) – buying commercial paper from the issuer.
PMCCF (Primary Market Corporate Credit Facility) – buying corporate bonds from the issuer.
TALF (Term Asset-Backed Securities Loan Facility) – funding backstop for asset-backed securities.

SMCCF (Secondary Market Corporate Credit Facility) – buying corporate bonds and bond ETFs in the secondary market.

MSBLP (Main Street Business Lending Program) – Details are to come, but it will lend to eligible small and medium-size businesses, complementing efforts by the Small Business Association.


To put it bluntly, the Fed isn’t allowed to do any of this. The central bank is only allowed to purchase or lend against securities that have government guarantee. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.

So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.

In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.

This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.


President Trump and America may finally have a Fed Chairman they can trust who is working to build the economy, not destroy it like Jerome Powell’s actions did.

Hat tip Greg Rubini

cheka.
29th March 2020, 09:01 PM
they own the world's reserve currency. they are able to buy whoever, whatever they want. as long as this is in place it is virtually impossible for them to 'lose'

the way to take them out is a global simultaneous raid on their banks and their primary dealers