Posted on 02/11/2022 10:11:11 AM PST by dynachrome
Government in the Sunshine Meeting Notice Advanced Notice of a Meeting under Expedited Procedures
It is anticipated that the closed meeting of the Board of Governors of the Federal Reserve System at 11:30 a.m. on Monday, February 14, 2022, will be held under expedited procedures, as set forth in section 261b.7 of the Board's Rules Regarding Public Observation of Meetings, at the Board's offices at 20th Street and C Streets, N.W., Washington, D.C.. The following items of official Board business are tentatively scheduled to be considered at that meeting. Matter(s) to be Considered: 1.Review and determination by the Board of Governors of the advance and discount rates to be charged by the Federal Reserve Banks. A final announcement of matters considered under expedited procedures will be available in the Board's Freedom of Information and Public Affairs Offices and on the Board's Web site following the closed meeting.
For more information please contact: Michelle Smith, Director, Assistant to the Board, Division of Board Members at 202-452-2955.
Supplementary Information:
You may contact the Board's Web site at http://www.federalreserve.gov for an electronic announcement about applications and other expedited items, as well as procedural and other information about the meeting.
Dated: 02/10/2022 Meeting Date: Monday, February 14, 2022
1/4 point bump in rates. should be more but have to have as controlled of a crash as you can get. Takes guts from people who don’t have any.
They’re figuring out how to transfer their assets to gold and fly to Switzerland before SHTF.
and of course market is dumping for 2nd day
It's like a 747 over max gross weight and tail heavy. No control input can correct the stall. All the power in the engines, all the pitch inputs you can manage, but that plane can't stay in the air.
The bonfire of vanities is going to consume many people.
Solyndra like nonsense with some Enron whipped cream on top.
uvxy short term otm, 2/18. easy money
The Fed has completely abdicated it's independence, and just prints as much money as is needed to keep the Fed Gov's ridiculous schemes afloat.
To be specific, they buy most of the T-bills (US Federal Government Debt) in many auction cycles. I've seen some where they are buying 85% of it.
So, that's effectively ended any market pressure by other buyers on US Debt. The market mechanism for T-bills is gone.
Some have described this as "the snake eating it's own tail".
The important thing is that whatever they do—notify the insiders before any public announcement.
There is money to be made!
It’s the real Pit and Pendulum.
Each increase in the debt makes the blade drop an increment.
Each increase in rates makes the blade drop an increment.
Ever deeper into the flesh of the Beast it must slice, until the Beast is dead.
Long live Bitcoin.
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