Skip to main content

Is The Fed Trying To Bail Out The World? Sure Looks Like It

  As I pointed out last year, by accumulating reverse repos, the Fed is effectively sterilizing bank reserves.

Not all banks have access-in addition to the primary dealers, only accepted reverse repo counterparties can conduct business with the New York Fed.

It is always a live option that these people did not know what they were doing-but it strains credulity that the Cantillionaires, those bankers and financiers close to the central bank, whose wealth and power depend on access to the Fed and the privileges supporting the broader fiat money system, did not realize the implications of the policy changes.

In the aftermath of the collapse of Credit Suisse, still in the process of being taken over by UBS, on March 19 the Federal Reserve and the main central banks of the Western world reactivated their liquidity swap lines.

These swaps lines were a key tool in "Saving" the international system after the great financial crisis and will play a similar role today: non-US central banks will borrow dollars from the Fed using their own currencies as collateral.

The Eurodollar system and the rest of the central bank-sponsored global financial system benefit the Fed's real patrons among the Cantillionaires, who are placed in a position of privilege as bankers to the world.

Any currency could serve as the global trade currency; the global use of the dollar and the Eurodollar system supported by the Fed and Western central banks are not necessary.

https://mises.org/wire/fed-trying-bail-out-world-sure-looks-it

Comments

Post a Comment

Popular posts from this blog

Fauci Files Reveal Pfizer Helped Biden Rig 2020 Election

 Pfizer secretly colluded with Joe Biden's team to help him rig the 2020 election against Trump, according to new Fauci documents. In his new book, "On Call," Fauci admits that Albert Bourla, the CEO of Pfizer, called him the night after Biden was declared the winner of the election, to inform him of Pfizer's "Game-changing results" from the rigged mRNA trial. "On November 7, after the absentee ballots were counted, Joe Biden was declared the winner of the presidential election. It was the very next night that Albert Bourla, Pfizer's CEO, called me away from my neighbors' fire pit to inform me about the game-changing results from the Pfizer mRNA vaccine trial. I finally thought we had truly turned a corner in defeating this terrible disease." Today reports: In another interesting tidbit, Fauci discusses Trump's FDA Commissioner Stephen Hahn declaring that he would not go along with the Trump Administration's plan to roll out the vac...
Post a Comment
Read more

FDA & U.S. Postal Service Linked to Black Market Abortion Pill Cartels.

 Mexico-based drug cartels facilitating an increase in unauthorized, self-conducted abortions in the United States continue unimpeded partly due to insufficient regulation by the Food and Drug Administration and the United States Postal Service, according to a report by the American Life League. Katie Brown, ALL's national director, criticizes the FDA and USPS for failing to adequately regulate the distribution and screening of abortion-inducing drugs like Mifepristone and Misoprostol. Subscribe here The report, titled Beneath the Surface: Exposing the Abortion Pill Drug Cartel, highlights the operations of Las Libres, a Mexico-based organization that advocates for universal abortion access. It promotes the distribution of abortion pills through online networks, reaching women and girls across the U.S., often sending the drugs via USPS. RISKS. ALL emphasizes that these pills frequently come from unregulated sources, heightening the risks of additional harmful substances being prese...
Post a Comment
Read more

James Ray Epps Breaks Federal Law Lying To FBI Agents, Again, In Never Before Released Leaked Audio: ‘You Are The Boss’

 The Gateway Pundit has obtained more leaked audio of James Ray Epps' providing materially false statements during an abnormally friendly interview with the Federal Bureau of Investigations about his role in the Capitol riot, a crime punishable by up to eight years in prison. Joined by his attorney John Blischak, a former FBI agent, and his wife Robyn Epps during a voluntary March 3, 2021 interview, Epps assured the feds while laughing and cracking jokes that he only traveled from Arizona to Washington, DC to protect his son James Ray Epps Jry and "Try to deescalate" a "Raging" crowd amid a terrorist attack he suspected would transpire involving a bomb. On the 8th, Epps insisted at least fourteen times that he only traveled to DC to "Try to calm them down." Conspicuously, in thousands of hours of January 6 footage, Epps is never seen with his son. Epps claimed Baked Alaska, who served 60 days in prison for protesting at the Capitol, was to blame for in...
Post a Comment
Read more