The Federal Reserve Bank, neither federal, nor reserve, nor constitutional, is once again shilling for a global tax of some sort, any bloody sort, just bring the damn tax in already (thank you Greta Thunderburger!) Now why, oh why, would the Fed be shilling for a global tax? Perhaps because they're starting to pump such volumes of voluminous fiats that "full faith and credit" is possibly going to come a gutser? Perhaps the ginormous money printing is causing imbalances where too much money is going (or about to go) into the hands of the populace (UBI I hear you correctly say)? Or perhaps it's just plane sheer unbridled greed and control instincts of the central Bankers Gone Wild? Whatever it is, we know firstly it's a firetrucking hoax, but hey, what's new? Fed Warns Climate Change Is A Major Threat To The Economy https://www.zerohedge.com/energy/fed-warns-climate-change-now-major-threat-e... https://www.newyorkfed.org/newsevents/speeches/2019/sti191107 ... "The U.S. economy has experienced more than $500 billion in direct losses over the last five years due to climate and weather-related events. In addition, climate change has significant consequences for the U.S. economy and financial sector through slowing productivity growth, asset revaluations and sectoral reallocations of business activity" ... Nonetheless, real impacts are already being felt and we must develop the tools to assess and manage them." Impacts... like a 16-year-old girl with Asperger's syndrome dictating monetary, fiscal and social policy? ... At least Greta Thunberg will be happy for a few years before the social catalysm that results from the Fed's final act of idiocy means that eating the rich - and just about anyone else - will be more than just a figure of speech.