For imposing Taxes on us without our Consent
The unanimous Declaration of the thirteen united States of America
"The Federal Reserve said Friday that it will buy short-term Treasury bills each month until the second quarter of 2020 to inject cash into the banking system and make it easier to control its benchmark lending rate.
Fed Chair Jay Powell: The economy is in a good place.
Here's a $60B per month Treasury bill buying program,
multiple rate cuts and daily repo operations.
The action marks the Fed’s latest response to a shortage of cash reserves that developed last month and caused short-term interest rates to spike, briefly sending the Fed’s benchmark rate above its target range.
|"The Federal Reserve has expanded it's balance sheet |
by $180 billion in the last few weeks
to $3.946 trillion"
Governments cannot create but merely redirect.
When the government spends, the money has to come from somewhere.
If the government doesn't have a surplus, then it must come from taxes.
If taxes don't go up, then it must come from increased borrowing.
If lenders won't lend, then it must come from the printing press...
each additional dollar printed diminishes the value of those already in circulation.
Something cannot be effortlessly created from nothing.
|Pay no attention to why the Fed is suddenly printing more|
...For several years through 2013, the Fed bought roughly $1.5 trillion of Treasurys and mortgage bonds to try to hold down long-term interest rates and encourage more borrowing and spending. Lower rates also led investors to invest more in stocks.
|Compare what most CEOs think to what you do.|
Look up all the news stories telling the public about this information,
reported by The Conference Board in early October
|"Companies issue record amounts of debt, use the debt to repurchase record amounts of stock while Insiders sell (near) record amounts of stock to their own companies as retail investors unknowingly stay the course."|
|We have betrayed our children’s future,|
by indenturing future generations to finance a more pleasant present.
...by leading more investors to buy stocks, QE contributed to higher stock prices that disproportionately benefited wealthier Americans while leaving lower-income people with measly savings rates.
|A lot of jobs are about to disappear|
And the central banks will print even more to reverse natural reality
...$60 billion is three times as large as purchases under the European Central Bank’s recently announced quantitative easing program.
The purchases will begin Tuesday.
...The central bank also wants to eventually replace about $160 billion in short-term loans it has made since the troubles in money markets first surfaced."
The year is 2024. The US is in year 5 of “temporary non-QE” with the Dow at 60,000, the SPX at 6,000, gold at $5,000, & the 10y UST yield at 2.4%, pinned there by the Fed’s balance sheet which sits at 45% of US GDP, growing by 0.75% of GDP per month.https://t.co/otarcQeTLW— Luke Gromen (@LukeGromen) October 12, 2019
These motherfuckers actually want u to believe this isn’t QE— Quoth the Raven (@QTRResearch) October 11, 2019
$60 billion/month they are buying
If you’re not pissed u haven’t been paying attention
The Fed is a giant con
The Fed will buy Treasury bills beginning next Tuesday at an initial pace of $60 billion a month and continue those purchases into the second quarter of 2020, marking a U-turn for the central bank https://t.co/4ZLxbn5VZt— Real Time Economics (@WSJecon) October 12, 2019
The simplest method of gaining control of the public
is to keep the public undisciplined and ignorant of basic systems principles on the one hand,
while keeping them confused, disorganized and distracted
with matters of no real importance on the other hand.
"We’re now at the tail end of a very long, but in many ways a very weak and artificial, economic expansion"
By a continuing process of inflation,
governments can confiscate secretly and unobserved…the wealth of their citizens.
John Maynard Keynes
Advocate of fiscal and monetary measures to manage economic highs and lows
Aenbr Nood's first bubble, and then the next
From a meeting with Congressman Mark Walker's staff, after which Mark did nothing = Walker has joined the national "keep the financial industry unaccountable" club
|Some are hoarding cash|
Ponzi finance units must increase outstanding debt
in order to meet financial obligations.
... either financing costs rise, or income comes in below expectations,
leading to defaults on payment commitments.
|"(Inv)" = Inverted = A large portion of the population has begun putting of purchases of relatively high cost goods|
…the earth belongs to each of these generations during its course,
The second generation receives it clear
of the debts and incumbrances of the first, the third of the second, and so on.
For if the first could charge it with a debt,
then the earth would belong to the dead and not to the living generation.
Then, no generation can contract debts greater than may be paid
during the course of its own existence.
Thomas Jefferson to James Madison