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By Graham Summers, MBA The Fed just gave out over $300 BILLION in single week. See for yourself: the Fed’s balance sheet has erupted higher, erasing over HALF of its Quantitative Tightening (QT) efforts. Again, we are talking about $300+ BILLION in a single week. Now, technically much of this ($164 billion to be exact) came … Read more
The Federal Reserve Bank of the United States has announced that it is launching an instant payment transfer service called “FedNow Service,” which has features of a Central Bank Digital Currency (CBDC) and some analysts believe is the first big step towards a “digital dollar.” On Wednesday, within hours of our reporting that the Silicon … Read more
At its peak in 2022 the Fed’s balance sheet hit a high of $8.9T. Over the last year they got this down to around $8.3T. However since the fallout of SVB, in under a week, the Fed’s balance sheet has risen back over $8.6T and is now on pace to make new all time highs … Read more
The whole family is crooked Source link via dailycaller: The Hong Kong company which wired over $3 million bound for Biden family associates in 2017 has close ties to, and shared personnel with, a firm formerly run by multiple members of the Chinese Communist Party (CCP), a Daily Caller News Foundation investigation determined. In March … Read more
Is 2008 Unfolding All Over Again? I believe what is starting to unfold will be 2008 x five unless the Fed and the other big Central Banks print enough money to monetize the fraud in the banking system. But if the Fed takes that kind of action, the dollar will likely collapse. US Leading Economic … Read more
Theres going to be a big protest tonight all over france..Expect a lot of people coming down to street… https://www.facebook.com/345110412254517/posts/pfbid02tHtexS76X7MW2GmZHPVh6MNziLjEWxbQC6tX9e5SWCZ2Xf8msuxbdXGpKYidSHA2l/?mibextid=Nif5oz First the garbos went on strike in Paris, leaving the whole city like a 3rd world shit hole – then Macron vetoed the vote of his pension reform … forcing it to happen despite the … Read more
BREAKING: @GOPoversight releases bank records showing that Biden family associate Rob Walker, used his company to transfer money from a Chinese energy company to Hunter Biden, James Biden, Hallie Biden, and a fourth “unknown Biden.” pic.twitter.com/Bu6bFCs8IR — ALX 🇺🇸 (@alx) March 16, 2023 House Oversight Committee Chairman James Comer revealed Thursday that subpoenaed bank records … Read more
The Federal Reserve Bank of the United States has announced that it is launching an instant payment transfer service called “FedNow Service,” which has features of a Central Bank Digital Currency (CBDC) and some analysts believe is the first big step towards a “digital dollar.” On Wednesday, within hours of our reporting that the Silicon … Read more
If there was ever a sign that Florida Gov. Ron DeSantis could actually be a genuine political rival to former President Donald Trump for the 2024 GOP presidential nomination, this story about chocolate pudding might actually be it. No, seriously. The parallels between DeSantis and Trump have always been a little far-fetched for a litany … Read more
Shares in Credit Suisse are tumbling after a forced merger with another Swiss bank were rejected. This comes as Switzerland’s largest political party signals it is against a state guarantee of the bailout for Credit Suisse after it received injection of liquidity from the Swiss National Bank (SNB) on Thursday with a loan of over … Read more
The J6 Political prisoners, some of who have been held in a DC prison and treated inhumanely for over two years awaiting trial, have an opportunity to halt their practices and demand access to evidence that could finally clear them. The trials have moved along at an extremely slow pace out of political persecution, with … Read more
CHESTER, Pa. — Luis went to prison on a life sentence 16 years ago, at age 17. Food came on a tray and leftovers were removed on the same brown plastic rectangle. So he had never cooked or done dishes before moving to the “Little Scandinavia” unit in the Pennsylvania State Correctional Institution at Chester last … Read more
It wasn’t until America’s crooked fact-checkers said Joe Biden had no intention of banning gas stoves that I was certain Joe Biden would ban gas stoves. And now we know he is — 96 percent of them. “Yes, the Biden administration is coming for your gas stove,” writes Rep. Debbie Lesko (R-AZ) in the Washington Examiner. It’s … Read more
Lindsey Graham calls for US to shoot down Russian fighter jetshttps://t.co/H9P0oxO82W — EndGameWW3 🇺🇸 (@EndGameWW3) March 16, 2023 Ukrainian Intelligence is reporting that an “Unusual number of Russian Naval Ships” have been deployed into the Black Sea over the last 24 hours from Ports in Sevastopol and Novorossiysk; there is currently no indication of why … Read more
by confoundedinterest17 Cry for Argentina! Their central bank boosted its benchmark Leliq rate by 300 basis points to 78%. The monetary authority’s board considered the increase in response to accelerating inflation and after leaving the key rate unchanged for several months. Of course, the US Federal Reserve is going in the opposite direction to combat … Read more
This is the money supply over the past 30 years and it shows a 400% increase as a reaction to the pandemic. This is why we have inflation, pretty simple. A jaw dropping 400% increase and we can’t even really say where that money went and what did it help? h/t tendyrancher
More like 150%. Recession is here already. We have had 3 quarters of declining GDP. Just wait till the 35% real unemployment hits the fan. h/t BoatSurfer600
https://archive.is/eWZvy h/t EuphoricTrilby