Tweet
Who Owns The Federal Reserve? | Global Research - Centre for Research on GlobalizationQE has become nothing more than "universal basic income for the rich." 
" There are two ways to cure inequality: you can make the poor richer, or you can make the rich poorer. The Fed will reduce its balance sheet in the hope of making Wall St poorer."
Deutsche: The Fed Has Created "Universal Basic Income For The Rich" And Now It Can't Get Out | Zero Hedge2.5%-Nuff Said, Part lll-Why Rates Will Never Be ?Allowed? To Rise | SilverSeek.com
"US Federal Spending is rising at a staggering $428,253,120 per day
US Federal TAX Revenue is only rising at $129,857,760 per day.
So the US Government at the federal level is spending about $300,000,000 more per day than it is taking in via TAX revenue."
BUT, the FED claims that it has ended QE.
The FED is owned by private banks. The FED prints endless money to always rescue the private banks. So while it may seem that the FED is always taking "wrong" actions, they are only wrong for the economy, NOT the banks. Ron Paul Warns "Central Bankers Are Always Wrong...Especially Before A Bust" | Zero HedgeOn Europe's Unsustainable Welfare State | Zero Hedge
Current account balance;
196 Australia -$33,200,000,000 2016 est.
197 Canada -$51,080,000,000 2016 est.
198 United Kingdom -$114,500,000,000 2016 est.
199 United States -$481,200,000,000 2016 est
"The American people are being brought to ruin by three institutions that are mortal threats to liberty and prosperity. To wit, the Federal Reserve, the military/industrial/surveillance complex and a sinecured Congress "
"Indeed, ever since Ronald Reagan's mild assault on the Welfare State was decisively turned back on Capitol Hill in the spring of 1981, the "guns and butter coalition" has ruled the roost. And that insidious coalition has taken the national debt from $1 trillion to $20 trillion along the way -- even has it has locked in an automatic growth to $30 trillion or 140 percent of GDP by 2027."
"There has been zero net gain in industrial production since September 2007; no net gain in breadwinners jobs since January 2001; and zero gains in real median family incomes since 1989. And that's permanent full employment prosperity?"
"That is, the hundreds of billions of bond purchased by carry trade gamblers, who were given free overnight funding to the tune of 97 percent of their investment, in order to by the very same bonds -- down to the exact CUSIP numbers -- that the Fed had announced it would be buying.
Stated differently, what was the point of QE if it was not to falsify and suppress bond yields in order to goose economic activity -- even if that "stimulus", as it happened, never really left the canyons of Wall Street?
By the same token, why in the world would Yellen expect that the front-runners who fueled the bond bubble during QE will not find is profitable to short-sell what the Fed will be selling once its balance sheet shrinking campaign gets started?" SHORT THE FED !
"the combination of Fed selling and speculators piling on would cause the entire global bond bubble to implode, and all the economic rot that is built upon it to shatter."
" There are two ways to cure inequality: you can make the poor richer, or you can make the rich poorer. The Fed will reduce its balance sheet in the hope of making Wall St poorer."
Deutsche: The Fed Has Created "Universal Basic Income For The Rich" And Now It Can't Get Out | Zero Hedge2.5%-Nuff Said, Part lll-Why Rates Will Never Be ?Allowed? To Rise | SilverSeek.com
"US Federal Spending is rising at a staggering $428,253,120 per day
US Federal TAX Revenue is only rising at $129,857,760 per day.
So the US Government at the federal level is spending about $300,000,000 more per day than it is taking in via TAX revenue."
BUT, the FED claims that it has ended QE.
The FED is owned by private banks. The FED prints endless money to always rescue the private banks. So while it may seem that the FED is always taking "wrong" actions, they are only wrong for the economy, NOT the banks. Ron Paul Warns "Central Bankers Are Always Wrong...Especially Before A Bust" | Zero HedgeOn Europe's Unsustainable Welfare State | Zero Hedge
Current account balance;
196 Australia -$33,200,000,000 2016 est.
197 Canada -$51,080,000,000 2016 est.
198 United Kingdom -$114,500,000,000 2016 est.
199 United States -$481,200,000,000 2016 est
"The American people are being brought to ruin by three institutions that are mortal threats to liberty and prosperity. To wit, the Federal Reserve, the military/industrial/surveillance complex and a sinecured Congress "
"Indeed, ever since Ronald Reagan's mild assault on the Welfare State was decisively turned back on Capitol Hill in the spring of 1981, the "guns and butter coalition" has ruled the roost. And that insidious coalition has taken the national debt from $1 trillion to $20 trillion along the way -- even has it has locked in an automatic growth to $30 trillion or 140 percent of GDP by 2027."
"There has been zero net gain in industrial production since September 2007; no net gain in breadwinners jobs since January 2001; and zero gains in real median family incomes since 1989. And that's permanent full employment prosperity?"
"That is, the hundreds of billions of bond purchased by carry trade gamblers, who were given free overnight funding to the tune of 97 percent of their investment, in order to by the very same bonds -- down to the exact CUSIP numbers -- that the Fed had announced it would be buying.
Stated differently, what was the point of QE if it was not to falsify and suppress bond yields in order to goose economic activity -- even if that "stimulus", as it happened, never really left the canyons of Wall Street?
By the same token, why in the world would Yellen expect that the front-runners who fueled the bond bubble during QE will not find is profitable to short-sell what the Fed will be selling once its balance sheet shrinking campaign gets started?"
SHORT THE FED !"the combination of Fed selling and speculators piling on would cause the entire global bond bubble to implode, and all the economic rot that is built upon it to shatter."
Comment