Posted on 01/23/2024 8:22:52 AM PST by davikkm
In short, because they’re everywhere. The Fed knows that they’ve created the mother of all ticking time bombs and there’s only two options: let it explode in the most violent deflationary event since the Panic of 1907 or diffuse this monstrously large bomb by throwing it in an equally large liquidity bath.”
(Excerpt) Read more at citizenwatchreport.com ...
Every conservative cheers when Trump says “I will never allow Central Bank Digital Currencies (CBDCs)”
But somehow, we implicitly trust, and never question, the organization that would issue them.
Fox News reported that just shopping at popular sporting goods stores, or buying a “MAGA” hat is now enough to get you on a government watch list.
On January 17, Fox reported that, following J6, 2021, “The vengeful Biden ordered Federal investigators to search and filter bank customers’ transactions by using terms like ‘MAGA’ and ‘Trump.’”
In addition, Biden’s Treasury Department’s Office of Stakeholder Integration and Engagement in the Strategic Operations of the Financial Crimes Enforcement Network, or FinCEN, told financial institutions that purchasing “religious texts” – like the Bible – could be an indicator of “extremist” activity.
The braindead hate-filled Biden could care less that such discriminatory actions by the federal government would constitute an apparently blatant violation of the First Amendment’s protection of religious liberty.
I said on the other thread that Trump talking about it means it’s coming.
How’s our big, beautiful wall that Mexico paid for doing?
One person, even POTUS, can only do so much.
I'm betting the goons, thugs and sexual weirdos at MSNBC don't report on this story.,
Eventually, you reach a point where this only works if you have a totalitarian government that can use its power to perpetuate this delusion long past the point where it would have collapsed under market-driven forces.
We are starting to see more obvious and unmistakable signs of how this works. I’ll list just a few:
1. More and more business transactions conducted through the force of law rather than through voluntary buying and selling.
2. A complete disconnect between the concepts of income and productive work.
3. Growing “financialization” of life activities that humans did themselves for thousands of years instead of paying someone else to do it.
I have a working theory/idea.
Currently all the banks underwater on bonds are “loaning” them to the Fed at face value with the published intent that they will ‘buy’ them back later.
Currently the Fed is a quasi-government organization, but Congress can change that at any time and make them completely under the Treasury.
If that happened while the Fed was still holding all those bonds then Treasury could close out all that debt by a simple asset/debit equivalence transaction.
The debt goes down, the banks have the cash face value, and the Fed loose cannon is put under some measure of control.
The opposite end of that is that now the Treasury could print, print, print....but then they are doing that already through their massive bond issuance.
Just a thought.
........Biden says purchasing “religious texts” – even
a Bible – could be an indicator of “extremist” activity........
A politician rigging an election to enrich himself
and his family is quite “extreme”.....wouldnt you say?
Mao has been cloned no question about it name changed to protect the guilty.
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