by Simian_Stacker
Sell the insane $2.6 TRILLION in MBS NOW!
If not now, when?! Who gave the Fed authority to hijack the entire US housing market just to make the rich even richer?
Shelter inflation is destroying working class families and tearing apart the social fabric of America.
RT if agree. pic.twitter.com/ODtb7yPknT
— Occupy The Fed (Dystopian Parody) (@OccupytheFeds) May 8, 2023
Few focus enough on the balance sheet. Even fewer on the Fed's $2.6T MBS horde.
It's intentional. The Fed doesn't want the press to cover it. The press doesn't want to be banned from Fed pressers.
Just a few brave souls on this CRITICAL issue…
— Occupy The Fed (Dystopian Parody) (@OccupytheFeds) May 8, 2023
The Fed took $2.7 trillion in toxic-waste mortgage-backed securities off the books of their bankster accomplices, artificially levitating Housing Bubble 2.0. Next up: buying up cratering CRE mortgages from “systemically important” banks to stave off insolvency.
Does buying CMBS count?
That’s version 2.0 t.co/jYBuZlxalo
— Amy Nixon (@texasrunnerDFW) May 24, 2023
The Fed has never been about “protecting the economy.” This criminal private banking cartel has had one prime directive since it’s clandestine 1913 founding by the robber barons of the era: serve as the oligarchy’s chief instrument of plunder against the 99 percent.
"We absolutely cannot protect the economy if the US defaults on its debt," said the Fed's Kashkari. pic.twitter.com/qCD4mf3jE2
— unusual_whales (@unusual_whales) May 25, 2023