The Fed's DCoin - dissertation - diddling $$ "facts" - more "not"QE helicopter money mo/mo than 2008 - [MONEY]
Zenaan Harkness
zen at freedbms.net
Sun Nov 3 17:09:54 PST 2019
So the Fed's helicopter money (for now for "banks only" still) QE
program is in top gear already, with endless headlines about "not QE"
and "everything's fantastic, just a little insurance money printing".
But of course, between the lines, the fact is that in comparison to
QE-1, QE-2 and QE-3, this QE-"officially not QE", aka QE-4 aka
QE-infinity, is now pumping out MORE "not QE, just insurance" dollars
than at the very peak of the post-2008 global financial crisis QE
money printing exercises, on a month for month comparison basis.
We're "not doing QE, please believe" and yet the money printing,
just a couple weeks after "NOT QE!" started, is already above
previous all time highs.
"Not QE"?
Now -that's- hysterical muh grits :D
More like "this is QE infinity helicopter money, we might have to do
QE for the people soon too (MMT, people's QE, "a living wage for all",
UBI, universal basic income, etc), as this is the last dying gasp of
the present methematically intended chaos so grab it while it's hot,
mkay?" :D
Literally if any of us did such money printing, this would be
called counterfeiting.
But this is the inglorious "Federal Reserve Bank" which, for those
who got the memo, is neither federal, nor a reserve, bank.
The Fed' is a private bank.
Further, the Fed' and its "federal" minions, are beholden to the BIS,
the Banco de Internationale Settlemente, or in English, the Bank of
International Settlements,
which, of course,
is another private bank!
HA!
I know, I know, "if only I'd thought of that" you're thinking :)
The BIS, le banc de White Knight, the ultimate granter of SDRs
(special drawing rights aka "print to yer heart's content" money
printer-feiting), the last hope of the mega oligarchs and Goldman
global hedge trimming money sachs, diligently developing a new global
digital coin:
"why thank you my dear cypherpunks, you have certainly been
generous to provide a genuinely global coin minting tech - we
are most pleased, now, kindly, do fuck off and pay your taxes!".
Digital Currencies, Stablecoins, and the Evolving
Payments Landscape
Governor Lael Brainard
Board of Governors of the Federal Reserve System
Speech, October 16, 2019
https://www.federalreserve.gov/newsevents/speech/brainard20191016a.htm
The Globalist One World Currency Will Look A Lot Like Bitcoin
https://www.zerohedge.com/news/2017-07-27/globalist-one-world-currency-will-look-lot-bitcoin
Central Banks: Own Digital Currencies for Global Payments...
https://www.americanexpress.com/us/foreign-exchange/articles/digital-currencies-by-central-banks-for-global-payments/
Fed Official Says Digital Central Bank Currency Is 'Inevitable ...
https://www.coindesk.com/fed-official-says-digital-central-bank-currency-is-inevitable
US Lawmakers Ask Fed to Consider Developing 'National Digital
Currency'
https://www.coindesk.com/us-congressmen-ask-fed-to-consider-developing-national-digital-currency
["US lawmakers ask" - now THAT's hilarious! They are told -exactly-
what to ask, "and get the effing legislation started before I whip
yer arse!"
Firetruckin' deceiving puppets!
]
Guess whose (or is that whoms ? :) the BIS belongs to?
-- Lord Jacob de Rothschilds
Lord of the bankers,
Deign of de Red Door,
banker of (all Western) bankers,
le officiale Order from Chaos master (daŋkə schön Lucifer),
ready and willing to prance in on a white horse (<cough>Bretton
Woods<cough>) and (re)institute
- a NEW,
- fabulous,
- chaos decimating
- all singing
- all prancing ponzi, I mean pony,
- to save your world
with another cycle of order pre ordained to end in yet another
cycle of chaos, then order then ....
<rubs hands gleefully> FedEggsellent </>
[ s/Lord Jacob Rothschild/his sons/ per preference ]
"Aaand ... it's gone!"
https://www.youtube.com/watch?v=_nVk25ZvTkU
https://www.youtube.com/watch?v=_FOth96O0bg
Me thinks a few folks might be gettin' just a wee wee pee pee poo poo
little fed up (no pun intended) with Monty Burns' Fed!
Tired o' bein' a slave yet, human?
Or ready to LEAP into yet another order-chaos-order century?
Let's see what humans are capable of choosing in the next couple
fedeggcellent years :)
Sleepwalking Toward A Crisis - Got Gold?
Sun, 11/03/2019
https://www.zerohedge.com/commodities/sleepwalking-toward-crisis-got-gold
http://investmentresearchdynamics.com/sleepwalking-toward-a-crisis-got-gold/
... But for those who don’t have their head in the sand, clinging
desperately to the “hope” offered by the misdirecting Orwellian
propaganda, it’s difficult to ignore the message signaled by the
legendary levels of insider selling.
Someone is not telling the truth – The Fed once again last week
increased the size of both the overnight and “term” repo
operations. Starting Thursday (Oct 24th) the overnight repos were
increased from $75 billion to “at least” $120 billion and the
term repos (2 week term) of “at least” $35 billion were extended
to the end of November, with two “at least $45 billion” term
repos thrown in for good measure. The Fed is also outright
printing helicopter money for the banks at a rate of $60 billion
per month (via “T-bill POMOs”).
At the height of the last QE/money printing cycle, the Fed was
doing $75 billion per month. So whatever the problem is behind
the curtain, it’s already as large or larger than the 2008
crisis..
...
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