Not to mention that Trump is currently in the process of "restructuring" the Fed out of existence. If he actually pulls this off and does away with the Fed, all together... We're looking at an economic boom that will likely start a second golden age for America.
That by itself, will make Trump the greatest president since the Fed was established. They are the single greatest threat to our nation because now we know who was almost certainly running the private banks that were running the Fed. As he has said, the best is yet to come.
He saved the nation twice. At the battle of New Orleans and stopping the bank. There's a reason the left is so ravenous about taking Jackson off our currency.
Jackson was the first Democrat president and responsible for the Trail of Tears among other atrocities. They want him memory holed because they don't want to be associated with him, but with him being on the $20 bill he's currently one of the most recognizable presidents.
General info for pedes: The Fed a-holes have been working at it for quite a while (1913 and before) but for some interesting more recent history when things really took a turn for the worse read up on the 1951 Fed-Treasury accord and the chairman at the time Marrinet Eccles.
The Treasury has control over the money the Fed got in the stimulus deal, which some people are misinterpreting to mean the entire Fed is getting absorbed into the Treasury
Have you actually read that? Setting aside that it's a reposted opinion piece from Bloomberg, it's clear that the only aspect of Fed operations the Treasury has control over is the the commercial bond purchasing program funded by the stimulus bill - nothing about who controls normal Fed operations has changed.
"To put it bluntly, the Fed isn’t allowed to do any of this. The central bank is only allowed to purchase or lend against securities that have government guarantee... So how can they do this? The Fed will finance a special purpose vehicle (SPV) for each acronym to conduct these operations. The Treasury, using the Exchange Stabilization Fund, will make an equity investment in each SPV and be in a “first loss” position. What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans; the Fed is acting as banker and providing financing. The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury."
'handle the administration of the SPVs on behalf of the owner, the Treasury.'
"In effect, the Fed is giving the Treasury access to its printing press. This means that, in the extreme, the administration would be free to use its control, not the Fed’s control, of these SPVs"
'This means that, in the extreme, the administration would be free to use its control, not the Fed’s control, of these SPVs'
They don't just have control over the commercial bond purchasing program. Via the SPVs, they are buying up corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds. As stated by the article, details are to come but by the MSBLP (Main Street Business Lending Program) SPV, they will also lend to eligible small and medium-size businesses. As the article stated, it's not just commercial bonds.
Regardless, helping the Treasury print money to inflate the markets is not the same as Trump taking over in preparation for shutting down the Fed, which is what everyone around here is acting like is about to happen
Does that shift to Treasury insured loans? And wouldn't that be the exact same thing with a different name?
The Federal Reserve is not federal, at all. It's run and owned by private banks. Whatever the ramifications, this must happen if we are to secure our nation. The Framers did not intend for this nation to be run by private banks via fiat currency policy, for good reason.
but I don't think it can be ended without causing a massive depression.
Doing this will keep the Fed from causing the next depression. Remember when the Fed was started and when the Great Depression happened. That is not a coincidence.
Something interesting to think about...the very nature of the Fed and its associated power is to "stabilize" the economy. That means it necessarily has the ability to knock the economy up and down around a theoretical "set point".
However, the range at which this stability occurs, relative to the set point, is up to those in control of the Fed. Boom-bust cycles are technically a form of "stability", but it allows evil people to benefit from the planned swings.
It's like a crappy thermostat that technically keeps the average temp around its setting but lets the instantaneous temp swing from too hot to too cold.
Basically the idea of the Fed can be argued as necessary or even beneficial, but its power is too easily abused by the unscrupulous.
All in as of last week! Maybe I'm too early, maybe I'm too late. I still think I'm buying at a significant discount to what they will be worth in a year or two.
Anytime I try to be perfect at timing or get too greedy I screw it up anyway.
It's almost as if the economy was going SO well that it needed to be throttled before the election to give Joke Biden a chance ...
And then, when a cure emerged, it had to be discredited by the media and outlawed in multiple States to keep the crisis going.
Finally, given the weakness of the opposing candidate, the governor of the most infected state had to adopt daily press briefings just a few hours ahead of the president's own task force, burnishing his credentials
My girlfriend who was largely apolitical was absolutely STUNNED when I shared videos of Joe Biden's many bizarre and racist gaffes. I told her the power of the media is in their ability to hide information from you.
Biden can be replaced before November. A lot of it will depend on if the dems perceive that they have a real chance at winning or do they let sleepy Joe take the L.
It's kind of funny hearing Glenn Beck (a totally worthless idiot) complain about how his wife didn't pull their money out of stocks before the market tanked fully. But hey, what do you expect about a Never Trumper who pretends to save his ratings.
I really want to know how everyone is so pessimistic about things. Talking about the worst recession in 90 years is coming. We haven’t even had one negative growth quarter yet.
Hang tight as in to hold my stocks I bought during the dip or in the future the stock is going down again and I'll buy the stocks when they go further down?
The silver lining is that a lot of rot will be removed that was falsely hanging on. People and smart cities will readjust depending too heavily on certain industries that are disposable income based.
Self- reliance, returning manufacturing to
America & a wake-up call about one's civil liberties will become top priority.
it will but not if everyone believes itll take 12-18 months to return to "normal" (how long, at least the media thinks is timeline for a vaccine), or even most of the summer.
Trump alluded to Easter. We know how this man works by now. That was either a trap for the retards on the left to make them expend ammo or much of the country will be operational by Easter. Considering numbers are coming out now showing the Chinese virus is about as dangerous as a hard flu, I'm going with the boss man on this one.
Imagine if Trump never got this country back on the path to being self sufficient again? Where do you think we'd be right now as a nation if we were completely dependent on other nations for our supplies? (Especially nations like China). We'd be fucked. This man is an expert planner and his efforts years ago have already saved lives in the here and now. Consider that. Give thanks. MAGA KAG 2020.
Nobodys going to ever convince me that on some level, in some way or the other, this wasn't some kind of Chinese weapon to nuke our economy, disable our military, infect our population, or some combination of two or more of the above.
Not if O'biden takes the office. Do you want an O'bummer's recovery? Well, then you need to make sure to vote for Trump and get your family and friends to as well!
Invest, reinvest in America. there are a lot of blue chip stocks out there that are sitting low, they won't make you rich overnight, but You will have a nice nest egg in the future if you start now.
It will and he is right. My issue is when will we Acknowledge that the United States was directly attack by Chy-na!! The writing was on the wall. America wasnt going to stay in the same direction and we were on to them. Well we are now really on to them. If you don't think we were attack then why are our commanders now being sealed into our nuclear bunkers? 2 of our biggest aircraft carriers are now being made to dock bc they have so many sick on board they cant perform their everyday duties. Things are getting hairy and our hospitals are 100% over run. Men are being called up and asked to enlist once again. These are the motions of war!! Fuck chy-na and we should cut their food off. Let them eat bat!!!
Fuck China all the way but our hospitals are not being overrun lol, simply not true. Maybe in disease ridden democrat states like California and New York but most of the country us fine
There's a treatment already available and the genocidal Democrats are banning it. This has nothing to do with a virus. The flu has killed tens of millions of people and we never shutdown the world.
I'm not worried about the virus. I may have had it myself. If I could get tested for anti-bodies, I'd do it if our medical facilities weren't so overwhelmed. I'm worried about the shackles that have been placed around our ankles "for our own protection," that are not coming off ANY time soon.
Damn right it will!! Smart pedes are buying low.
Not to mention that Trump is currently in the process of "restructuring" the Fed out of existence. If he actually pulls this off and does away with the Fed, all together... We're looking at an economic boom that will likely start a second golden age for America.
That was the best news I've ever heard. The Commies running the Fed needed to be neutralized a hundred years ago.
That by itself, will make Trump the greatest president since the Fed was established. They are the single greatest threat to our nation because now we know who was almost certainly running the private banks that were running the Fed. As he has said, the best is yet to come.
Many on 4chan have noted that Trump has a portrait of Andrew Jackson in the oval office. Jackson ended the central bank during his presidency.
He saved the nation twice. At the battle of New Orleans and stopping the bank. There's a reason the left is so ravenous about taking Jackson off our currency.
Jackson was the first Democrat president and responsible for the Trail of Tears among other atrocities. They want him memory holed because they don't want to be associated with him, but with him being on the $20 bill he's currently one of the most recognizable presidents.
I'm loving this news but I'm a tad bit scared, we saw what happened to JFK when he tried this.
Heh, he's done more to upend the cabal than any President in history. If they haven't been able to stop him now, then they're unable to.
JFK caught us by surprise. We, and Team Trump, know how they play now though. That's all the difference.
Yeah man its huge
Its the price to be paid while it's cleaned up,
General info for pedes: The Fed a-holes have been working at it for quite a while (1913 and before) but for some interesting more recent history when things really took a turn for the worse read up on the 1951 Fed-Treasury accord and the chairman at the time Marrinet Eccles.
Straight from the Fed's mouth:
https://www.federalreservehistory.org/people/marriner_s_eccles
Its miraculous guys. Many have died trying this. Really let it it sink in...we are becoming free again
Tldr?
The Treasury has control over the money the Fed got in the stimulus deal, which some people are misinterpreting to mean the entire Fed is getting absorbed into the Treasury
"This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump."
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
Have you actually read that? Setting aside that it's a reposted opinion piece from Bloomberg, it's clear that the only aspect of Fed operations the Treasury has control over is the the commercial bond purchasing program funded by the stimulus bill - nothing about who controls normal Fed operations has changed.
'handle the administration of the SPVs on behalf of the owner, the Treasury.'
'This means that, in the extreme, the administration would be free to use its control, not the Fed’s control, of these SPVs'
They don't just have control over the commercial bond purchasing program. Via the SPVs, they are buying up corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds. As stated by the article, details are to come but by the MSBLP (Main Street Business Lending Program) SPV, they will also lend to eligible small and medium-size businesses. As the article stated, it's not just commercial bonds.
Regardless, helping the Treasury print money to inflate the markets is not the same as Trump taking over in preparation for shutting down the Fed, which is what everyone around here is acting like is about to happen
As the Framers intended, they will rely on the Treasury.
The Federal Reserve is not federal, at all. It's run and owned by private banks. Whatever the ramifications, this must happen if we are to secure our nation. The Framers did not intend for this nation to be run by private banks via fiat currency policy, for good reason.
Doing this will keep the Fed from causing the next depression. Remember when the Fed was started and when the Great Depression happened. That is not a coincidence.
Something interesting to think about...the very nature of the Fed and its associated power is to "stabilize" the economy. That means it necessarily has the ability to knock the economy up and down around a theoretical "set point".
However, the range at which this stability occurs, relative to the set point, is up to those in control of the Fed. Boom-bust cycles are technically a form of "stability", but it allows evil people to benefit from the planned swings.
It's like a crappy thermostat that technically keeps the average temp around its setting but lets the instantaneous temp swing from too hot to too cold.
Basically the idea of the Fed can be argued as necessary or even beneficial, but its power is too easily abused by the unscrupulous.
How so?
"This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump."
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
Gold will kill the FED... SPVs to the rescue!
What are you buying?
How did you compare to market indexes?
Weren't we up about 15% this week, so still a nice week.
All in as of last week! Maybe I'm too early, maybe I'm too late. I still think I'm buying at a significant discount to what they will be worth in a year or two.
Anytime I try to be perfect at timing or get too greedy I screw it up anyway.
It's almost as if the economy was going SO well that it needed to be throttled before the election to give Joke Biden a chance ...
And then, when a cure emerged, it had to be discredited by the media and outlawed in multiple States to keep the crisis going.
Finally, given the weakness of the opposing candidate, the governor of the most infected state had to adopt daily press briefings just a few hours ahead of the president's own task force, burnishing his credentials
Gonna take a whole lot more than this to make sane people vote for joepedo.
My girlfriend who was largely apolitical was absolutely STUNNED when I shared videos of Joe Biden's many bizarre and racist gaffes. I told her the power of the media is in their ability to hide information from you.
The impeachment hoax was a distraction. The real attack on our President was being spread in the dark and people that got wise to it were silenced.
Biden can be replaced before November. A lot of it will depend on if the dems perceive that they have a real chance at winning or do they let sleepy Joe take the L.
Considering they aren't letting doctors prescribe a solid treatment, it makes you wonder the motives
This is exactly what they wanted. If you have liquid assets, invest now
I would love to hear any investing advice or information you have to offer!!!
If stupid people like you don't invest, that's your loss.
Real smart people are going to see massive financial gains when this is all over
My actual job is to invest for people. I know what I'm talking about.
And you're an idiot
It's kind of funny hearing Glenn Beck (a totally worthless idiot) complain about how his wife didn't pull their money out of stocks before the market tanked fully. But hey, what do you expect about a Never Trumper who pretends to save his ratings.
Absolutely!! Just hang tight for the next month. Then let’s make a lot of money, gut the bloated government, and pay back the debt 2 T and then some.
I really want to know how everyone is so pessimistic about things. Talking about the worst recession in 90 years is coming. We haven’t even had one negative growth quarter yet.
Hang tight as in to hold my stocks I bought during the dip or in the future the stock is going down again and I'll buy the stocks when they go further down?
The silver lining is that a lot of rot will be removed that was falsely hanging on. People and smart cities will readjust depending too heavily on certain industries that are disposable income based.
Self- reliance, returning manufacturing to America & a wake-up call about one's civil liberties will become top priority.
He ain't paying anymore. In fact he laid off his entire staff mid pandemic after promising he wouldn't do that.
https://www.dailymail.co.uk/news/article-8137149/Bloomberg-blasted-former-campaign-staffers-fires-promising-pay-health-November.html
Hahaha!
whoosh went right over the guy's head
Dafuq? That was obviously sarc
it will but not if everyone believes itll take 12-18 months to return to "normal" (how long, at least the media thinks is timeline for a vaccine), or even most of the summer.
Trump alluded to Easter. We know how this man works by now. That was either a trap for the retards on the left to make them expend ammo or much of the country will be operational by Easter. Considering numbers are coming out now showing the Chinese virus is about as dangerous as a hard flu, I'm going with the boss man on this one.
Seriously stop with the concern trolling. People peddling the 12-18 month shit are just as bad as the MSM
Surprise the Bill Gates fan is concern trolling.
I give Memorial Day at the latest. We arent missing BBQ's and celebrating why we're free
I live in AZ. That coronavirus is probably gonna ran from here as soon as it hits 90 degrees here. Ain’t no cooling down from that until November
90s already here in FL, this bug will be toast along with Trump Pills (HCQ+Zpak)
I wonder come winter if this crap will close everything down again, just in time for Christmas.
Thank you Mr President sir !
I love his optimism. Contagious. The dems/RINO’s can keep their masochistic defeatism, thank you very much.
It wasn't an accident or a coincidence that this virus broke out.
It was a contingency plan.
Imagine if Trump never got this country back on the path to being self sufficient again? Where do you think we'd be right now as a nation if we were completely dependent on other nations for our supplies? (Especially nations like China). We'd be fucked. This man is an expert planner and his efforts years ago have already saved lives in the here and now. Consider that. Give thanks. MAGA KAG 2020.
Nobodys going to ever convince me that on some level, in some way or the other, this wasn't some kind of Chinese weapon to nuke our economy, disable our military, infect our population, or some combination of two or more of the above.
Absolutely ! ... Yes ! ... All Systems Go ! ... Amen !
Put the people back to work Mr. President, we can't take another month of this
If there's one thing he's in office to do, its that. And he enjoys it. Let's see how China fares with Wave 2.
He did it once. He'll do it again.
like a slingshot being pulled back to launch!
There's one thing Trump has that the media and the democrats don't have, cheerleading style optimism, and the people are always drawn to that.
True. We need hope over all, now.
Not if O'biden takes the office. Do you want an O'bummer's recovery? Well, then you need to make sure to vote for Trump and get your family and friends to as well!
Invest, reinvest in America. there are a lot of blue chip stocks out there that are sitting low, they won't make you rich overnight, but You will have a nice nest egg in the future if you start now.
Oh it's fine Biden is just having a little 2 month nap, which seems to be the gold standard training routine for Democrat nominees since 2016.
SEEMSPLANNEDMAN
He built it with their resistance, what will he build when they are out if the way?
It will and he is right. My issue is when will we Acknowledge that the United States was directly attack by Chy-na!! The writing was on the wall. America wasnt going to stay in the same direction and we were on to them. Well we are now really on to them. If you don't think we were attack then why are our commanders now being sealed into our nuclear bunkers? 2 of our biggest aircraft carriers are now being made to dock bc they have so many sick on board they cant perform their everyday duties. Things are getting hairy and our hospitals are 100% over run. Men are being called up and asked to enlist once again. These are the motions of war!! Fuck chy-na and we should cut their food off. Let them eat bat!!!
Fuck China all the way but our hospitals are not being overrun lol, simply not true. Maybe in disease ridden democrat states like California and New York but most of the country us fine
Yes I was referring to my city. NYC. #notall haha
It’s gonna be great when things reopen soon and our economy rebounds and still has a record great year.
I do not doubt our president. The problem is, not only is there no end in sight, there's no PEAK in sight.
There's a treatment already available and the genocidal Democrats are banning it. This has nothing to do with a virus. The flu has killed tens of millions of people and we never shutdown the world.
I'm not worried about the virus. I may have had it myself. If I could get tested for anti-bodies, I'd do it if our medical facilities weren't so overwhelmed. I'm worried about the shackles that have been placed around our ankles "for our own protection," that are not coming off ANY time soon.
Exactly. Everyone needs to eat. Shutting down the world is literally just giving up. It's disgusting.