The Fed's DCoin - dissertation - diddling $$ "facts" - more "not"QE helicopter money mo/mo than 2008 - [MONEY]

Zenaan Harkness zen at freedbms.net
Tue Nov 5 14:29:25 PST 2019


Europe's largest bank Deutsche Bank, may (eventually) be the first
domino setting of the West's systemic $$ reset, that point of no
return where the herd finally begins their inescapable run for the
hills.

Deutsche Bank is working diligently to stem the carotid flow by
cancelling the yearly Christmas coffee and cakes for retired Deutsche
Bank employees:

  https://news.efinancialcareers.com/uk-en/3002538/christmas-cancelled-deutsche-bank


The gory details:

  The Deutsche Bank Death Watch Has Taken A Very Interesting Turn
  https://www.zerohedge.com/markets/deutsche-bank-death-watch-has-taken-very-interesting-turn




On Mon, Nov 04, 2019 at 12:09:54PM +1100, Zenaan Harkness wrote:
> 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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