Posted on 03/30/2023 11:21:06 PM PDT by ransomnote
Up into the wild blue yonder, flying high like a Bald Eagle. President Trump is unbought and unbossed by the left and rinos. What is happening today with President Trump, is the door to no return. Democrats will live to regret this. @realDonaldTrump @TrumpWarRoom pic.twitter.com/0y3Mvq3RCU— Vernon Jones (@VernonForGA) April 3, 2023
>I don’t trust when guys burst onto the scene like this Vivek cat. When they are saying ALL the right things, I’m suss.<
Both parents are immigrants. 🤔
>>>>> President Trump RE-TRUTHS on Truth Social. <<<<<
https://truthsocial.com/users/realDonaldTrump/statuses/110135936804976454
WITCH HUNT, as our once great Country is going to HELL!
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https://truthsocial.com/users/realDonaldTrump/statuses/110135958182150489
AMERICA FIRST!
https://badlands.substack.com/p/is-jerome-powell-a-patriot
Is (Federal Reserve Chair) Jerome Powell a Patriot? -
Separating Financial Signal From Noise
by Erik Carlson
...
“Is Jerome Powell a Patriot? Don’t I know the Federal Reserve is truly evil and largely responsible for the fact we all live as debt slaves?
I am very aware of how evil the Federal Reserve is. I am very aware of how it was started, who started it, and who has run it for the past one hundred years. I understand they print money out of nothing, backed by nothing. I am aware inflation comes from this process. I am aware that raising interest rates destroys the economy, and income tax was created to pay these bankers who print this money backed by nothing.
No one despises the Federal Reserve more than me. So, how could I ask the question, “is Jerome Powell a Patriot?”
It’s because things don’t add up anymore. Things don’t make sense anymore. This Federal Reserve isn’t your father’s Federal Reserve, or even your older brother’s Federal Reserve, for that matter.”
...
On June 30th, 2023, LIBOR will be completely replaced by SOFR. What the heck is LIBOR and SOFR?
...
The key things to understand about LIBOR are where it comes from, London, and how it is determined, arbitrarily.
SOFR (security overnight financing rate) is a benchmark that financial institutions use to price loans for businesses and consumers. The overnight financing part of its name references how SOFR sets rates for lenders: It’s based on the rates that large financial institutions pay each other for overnight loans.
SOFR provides a robust and transparent method for determining a common benchmark rate based on observed, cleared transactions in the marketplace.
SOFR is a much more resilient rate than LIBOR because of how it is produced and the depth and liquidity of the markets that underlie it. As an overnight secured rate, SOFR better reflects the way financial institutions fund themselves today.
The key things to understand about SOFR are where it comes from, the US FED, and how it is determined—by using actual data.
Who again is the architect of SOFR? That’s right, John C. Williams, the guy Trump appointed as head of the New York FED. John C. Williams was appointed by Trump on 4/3/18. Care to guess what day SOFR started? That’s right. 4/3/18.
I’m getting the sense here that Trump wanted to replace the City of London-controlled LIBOR system with the US Federal Reserve controlled SOFR system.
If you were corrupt, would you prefer a system that is arbitrary, or a system that is determined by actual data? A system that can be manipulated, or a system that is transparent? LIBOR is arbitrary, and SOFR is transparent.
...
The facts are that, since Powell started raising interest rates, the US dollar has become stronger, and the Eurodollar has become weaker. Traditionally, financial collapses have occurred after CUTTING interest rates, not after raising them. If Powell is working with the cabal bankers, why are money laundering banks beginning to go under? Why are no US troops in foreign countries fighting wars to bail out the financial system like in the past? Powell doesn’t appear to be working with the cabal or the Biden Administration and there doesn’t appear to be anything they can do to control him.
I’m not saying things aren’t bad for us right now, or that current policies aren’t bad for the economy, or that things might not get much worse, but maybe this is necessary to take ownership and control of our country for the first time since its founding. Emphasis on “first time”.
We’ve always been controlled by foreign powers. Getting free from these foreign powers is an epic undertaking; it makes sense that it would require a little pain.
[Oops, I copied the wrong header. Should be...]
>>>>> President Trump POSTS on Truth Social. <<<<<
https://truthsocial.com/users/realDonaldTrump/statuses/110135936804976454
WITCH HUNT, as our once great Country is going to HELL!
—
https://truthsocial.com/users/realDonaldTrump/statuses/110135958182150489
AMERICA FIRST!
I’ve been wondering the same thing, Squidpup.
There was another change that Trump made between the Fed and Treasury relationship as well ...want to say it was around who was receiving the interest payments on bonds or who was holding the bonds...I’ll have to go dig it up. It basically took control back from the Fed to the Treasury in some way.
I’m beginning to wonder if these changes, plus the BRIC push to trade in other currencies wasn’t all set up when Trump was in office in order to force us back on a hard currency standard while having the Fed backers end up taking any loss.
What I’m not keen about is any further discussion on digital currency - which might be the DeepState’s attempt to get around this plan.
P
>>>>> President Trump POSTS on Truth Social. <<<<<
https://truthsocial.com/users/realDonaldTrump/statuses/110136087895895568
When will they be looking at the Biden Documents, many of which were brought to CHINATOWN, and then sent to Boston. Is this why China paid him and Hunter Millions of Dollars? What about the Classified Docs laying on the floor of his unsecured garage (with the Corvette!), or at Penn, or the, get this, 1,850 BOXES in Delaware that they REFUSE to give up. I followed the Presidential Records Act, he didn’t. He OBSTRUCTED, I DIDN’T. Trump hating Prosecutor Jack Smith, a lunatic, should “GET BIDEN!”
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https://truthsocial.com/users/realDonaldTrump/statuses/110136160405025388
https://links.truthsocial.com/link/110136160405759409
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https://truthsocial.com/users/realDonaldTrump/statuses/110136161338010519
https://links.truthsocial.com/link/110136161338748628
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https://truthsocial.com/users/realDonaldTrump/statuses/110136163399001249
https://links.truthsocial.com/link/110136163399713938
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https://truthsocial.com/users/realDonaldTrump/statuses/110136164138133210
https://justthenews.com/politics-policy/trump-laments-biden-banking-crisis-disaster-epic-proportions
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https://truthsocial.com/users/realDonaldTrump/statuses/110136171395730376
MAKE AMERICA GREAT AGAIN!
[Video clip of highway lined with patriots!]
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https://truthsocial.com/users/realDonaldTrump/statuses/110136181046273029
Biden and his “people” knew all about the Radical Left, Soros backed D.A. (Bragg) going after “Trump.” They pushed the Racist D.A., which wasn’t difficult, even putting a top Democrat DOJ official (Matthew Collangelo) into Bragg’s Office (who even sign’s subpoenas!) to push this Witch Hunt forward. The Fake News refuses to report this, but now everyone knows. Election Interference!
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https://truthsocial.com/users/realDonaldTrump/statuses/110136200056724359
Let Brandon Judd and the GREAT Border Patrol do their job. Just 3 years ago, we had the safest and best Border in U.S. History, BY FAR!
Prayer reminder...join in at 3:15 Eastern.
Our nation and others need our prayers.
The righteousness of the upright delivers them, but the unfaithful are trapped by evil desires.
Prov.11:6
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Not always. The Crash of 1929 and the Great Depression were caused by excessive tightening in a misguided attempt to return to the pre-WWI gold-standard exchange rates. Like our present time, rising interest rates erode bank capitalization because the value of their Government and other Bonds is reduced accordingly. (Higher Yield = Lower Price.) In the case of SVB and probably the other banks that became wobbly or insolvent lately, this can make depositors nervous, potentially resulting in a depositors' run on the bank. Bank runs triggered bank collapses that were the proximate cause of the Great Depression, so SVB and Credit Suisse may be the canaries in the coalmine.
If I were Fed Chairman, I would be very cautious about further rate increases at this juncture. We are in a very different time now than when Volcker/Reagan were raising rates. That action came after a decade of double-digit inflation.
By contrast, the current period comes on the heals of decades of historically low interest rates and inflation...clear evidence that we have been in a deflationary economy.
Healthy, American-made spices and products:
https://patriotswitch.com/index.php
Supposedly they are invite only, which is why people haven’t heard of them.
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Excellent point. I remember that too, but cannot remember the details. Please post further insights along this line.
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