8chan/8kun QResearch Posts (7,788)
#8672735 at 2020-04-03 14:22:01 (UTC+1)
Q Research General #11104: Knockin Em Down Choppin Em' Down Edition
>>8671943
Yeah, it was getting a bit obvious with the LasVegas Shooting 'Harvest' #PsyOp that this will prove to be nothing less than a SpiritualWar.
Seems like the DeepState commies were going to do this anyway for their martial law, gun grab, & vote rigging…its not like they are coming out of the woodwork to restore order and bring an end to their hoax.
Its sick enough thinking about the ones 'lucky enough' to make it out…. But these tunnels are globally pervasive, with SRA inherent.
With respect to the Fed & central bank, Ronald Bernard got murt after he started speaking out about the CRAYZY shit that happens at T-H-E top….as they are the underwriters of this shit show. All leads to them and =what= they serve:
` "Holland is the darkest hole on earth" ( Cued: https://youtu.be/6otCvOcGNcM?t=964 )
` Organ Harvesting….ALWAYS CHILDREN, the god Mammon, Luciferians ( Cued: https://youtu.be/R-mgY8caIAE )
Appears they possess a morbid sense of creativity.
#8666776 at 2020-04-02 23:36:23 (UTC+1)
Q Research General #11097: Presidential Letters are Tasty Edition
Ok - We know the hospitals are empty and the pandemic is a hoax. We also know the President has put us into wartime production for medical supplies and is supporting the Cabal members who are using the hoax to stave of the GA.
So why would the President be right in the middle of empowering this? What if there are DeepState plans to release more bioweapons and they're looking at the fall time frame to do it. Is the President preparing for more bioweapon threats?
Is it being used to shut down and bankrupt the Fed central bank so they don't have the power to manipulate the Stock Market anymore? Treasury direct control over Printing Presses?
I don't think the bioweapon problem is under control yet.
#8666709 at 2020-04-02 23:29:34 (UTC+1)
Q Research General #11096: Hot in the Kitchen Edition
>>8666370
and Deutsche bank (basically the EU central bank and euro basis) is insolvent
kek
#8665618 at 2020-04-02 22:08:40 (UTC+1)
Q Research General #11095: POTUS Presser Edition
Foreign central banks Sell $109 Billion of Treasuries in March
Custody holdings at Fed post largest monthly drop on record. Decline comes as Fed rolls out repo facility to ease pressure. Foreign official holdings of Treasuries stashed at the Federal Reserve fell $109 billion in March, the largest monthly drop on record, as international governments and central banks struggled with the economic fallout from the new coronavirus.
ROCKY25 E-4B NightWatch out of
The decline showed up in the Fed's weekly custody data, with the latest figure released Thursday showing a $24 billion drop in the week to April 1. The sales amid the past month's pandemic-fueled turmoil are a further signal of the global rush to raise U.S. dollars as the Fed's recently expanded dollar swap lines are accessible to only 14 central banks. Countries reliant on oil exports and smaller Asian economies have been selling U.S. debt, according to traders and market makers familiar with the transactions, and central banks have been primarily offloading older, less-liquid Treasuries. The Fed on Tuesday rolled out a temporary repurchase agreement facility that will allow a broader range of central banks to swap Treasuries for dollars, effective April 6. The Fed stopped short of saying it wanted to prevent a snowball effect from the central-bank Treasuries selling, but said Tuesday that the new program will provide "an alternative temporary source of U.S. dollars other than sales of securities in the open market." The statement didn't specify if all central banks would be involved. As fear swept through markets last month and fueled unprecedented volatility, liquidity – the ability to trade without causing significant price moves – deteriorated in Treasuries to its worst since the 2008 financial crisis. At the same time, the greenback surged as investors sought refuge in the world's primary reserve currency. The Fed has acted to calm debt markets to avert knock-on economic effects, by announcing trillions of dollars of purchases of assets including Treasuries and mortgage-backed securities.
The Bloomberg Dollar Spot Index rose 3.1% in March, the most since 2016.
https://www.bloomberg.com//news/articles/2020-04-02/foreign-central-banks-sell-109-billion-of-treasuries-in-march
#8662190 at 2020-04-02 16:53:57 (UTC+1)
Q Research General #11090: Bill Gates..Blah Blah Blah Edition
bank of England doubles size of corporate bond purchase program
LONDON (Reuters) - The bank of England said on Thursday it will double the size of its corporate bond purchase programme to at least 20 billion pounds, part of a previously announced stimulus package to help the economy during the coronavirus crisis. "(The BoE) expects to make these purchases at a significantly faster rate than in the 2016 scheme," the BoE said in a statement.
The central bank last month increased its bond purchase programme by a record 200 billion pounds to a total of 645 billion pounds, to be financed with newly-created money, mainly for British government bonds. Until Thursday, it had not specified the size of planned corporate bond purchases.
The BoE will begin ramping up its corporate bond purchases through a series of reverse auctions starting on April 7, holding three a week, and it will be able to buy 20 million pounds of any single bond - double the previous amount. As before, the BoE said it will aim to purchase a "balanced portfolio of bonds across eligible issuers and sectors", so as not to favour specific companies or sectors of the economy.
The list of eligible bonds, last published in August and intended to include companies that "make a material contribution" to Britain's economy, will be updated in mid-April.
Bonds issued by banks, building societies and insurers will not be eligible.
yet….
https://uk.reuters.com/article/uk-health-coronavirus-britain-boe/bank-of-england-doubles-size-of-corporate-bond-purchase-programme-idUKKBN21K2EB
#8662009 at 2020-04-02 16:37:04 (UTC+1)
Q Research General #11090: Bill Gates..Blah Blah Blah Edition
Thousands of U.S. banks may sit out small-business rescue plan on liability worries
Thousands of U.S. banks, including some of the country's largest lenders, have said they may not participate in the federal government's small-business rescue program due to concerns about taking on too much legal and financial risk, five people with direct knowledge of industry discussions told Reuters. Seeking to help millions of small businesses that have dramatically curtailed operations or shut down altogether during the coronavirus pandemic, Congress included $349 billion for small firms in its $2 trillion stimulus package passed last week. Small businesses, which will rely on banks to get the funds, employ about half of U.S. private sector employees, according to the Small Business Administration website.
Borrowers can apply for the loans through participating banks starting from Friday and until June 30. Trump administration officials have said they want the loans disbursed within days.
But representatives of some major lenders, as well as thousands of community lenders, have expressed serious reservations about participating in the scheme in its current form and called that deadline totally unrealistic.
Their main concern is that the Treasury Department said on Tuesday that lenders will be responsible for preventing fraudulent claims by verifying borrower eligibility, which is determined by a few measures including the borrower's number of employees and its average monthly payroll costs.
banks also must take steps to prevent money laundering and terrorist financing, a process that would normally take weeks, the sources said.
Community banks said the Treasury's guideline interest rate of 0.5% will be unprofitable, and that many small banks will not have sufficient liquidity to front up the loans. The Treasury and the Small Business Administration did not immediately respond to requests for comment.
After hearing the concerns, Treasury officials are considering withdrawing Tuesday's guidance and are working to fix the issues, according to two sources.
Reuters could not learn which specific big banks are thinking about shunning the program. The bank Policy Institute (BPI), a Washington trade group, hosted a call on Wednesday during which executives from its members discussed their concerns, three of the sources said. Members of the group include JPMorgan Chase & Co (JPM.N), bank of America Corp (BAC.N), Wells Fargo & Co (WFC.N) Citigroup Inc (C.N), Truist bankBBTVA.UL and PNC bank PNCBNK.UL.
banks want a document customers can sign attesting to their eligibility and other requirements, thereby relieving the industry of responsibility for potential misconduct.
One source said banks are also seeking a written assurance from the government regarding their legal liabilities and obligations before they agree to participate in the program.
https://www.reuters.com/article/us-health-coronavirus-stimulus-banks-exc/thousands-of-u-s-banks-may-sit-out-small-business-rescue-plan-on-liability-worries-sources-idUSKBN21K075
they had ZERO problem qualifying everyone for loans when it suited their purpose but now they don't want the liability of it going forward.'
see this
Federal Reserve temporarily eases some bank leverage requirements
The U.S. Federal Reserve announced on Wednesday it was temporarily easing its leverage rules for large banks by exempting certain investments from a key leverage calculation, part of the effort to combat the economic slowdown inflicted by the coronavirus pandemic.
Now, banks will be able to exempt any holdings in U.S. Treasury debt or deposits at the Fed from their calculations of the supplementary leverage ratio, or SLR, an additional leverage restriction imposed on the largest U.S. banks.
The exemptions, which the Fed said will help ease strains in the Treasury market and encourage banks to continue lending, will stay in place until March 31, 2021.
The leverage restrictions easing marks the latest attempt by the Fed to ensure that banks can continue to lend during the slowdown due to the pandemic.
The SLR, which applies to banks with over $250 billion in assets, was created by the U.S. central bank following the 2007-2009 financial crisis that saw banks nearly collapse after a national housing crisis. The rule, which directs banks to hold a certain percentage of capital as a cushion against its assets, was aimed at ensuring the largest institutions had an extra layer of protection against any future downturns
https://www.investing.com/news/stock-market-news/federal-reserve-temporarily-eases-some-bank-leverage-requirements-2128334
#8659578 at 2020-04-02 10:27:47 (UTC+1)
Q Research General: #11088 Operation True Colors, Karma WILL Repay (You) Edition
https://www.zerohedge.com/markets/fed-panics-foreigners-dump-record-109-billion-us-treasuries
The ongoing liquidation in foreign Treasury holdings - largely the result of the continued collapse in the price of oil as oil-exporters are forced to liquidate assets to obtain much needed dollars - led to the Fed's panicked scramble to announce a foreign central bank repo facility, which it did on Tuesday morning, when it stopped short of saying it wanted to prevent a cascading domino effect from the Treasury liquidation, but made it very clear that the program will provide "an alternative temporary source of U.S. dollars other than sales of securities in the open market."
Translation: stop selling Treasurys as the world's (formerly?) most liquid market is now suddenly extremely illiquid, and ongoing sales will only further destabilize it.
Credit Suisse rate strategist Jonathan Cohn echoed Rajappa saying the new repo facility "effectively backstops foreign central banks from forced liquidation of their Treasury holdings into dysfunctional markets."
The new repo program "is a sensible second-best solution for major countries that are outside the enlarged Fed FX swaps network but have substantial corporate dollar funding needs," said former NY Fed spokesman Krishna Guha, currently head of central-bank strategy at Evercore ISI. "This group includes China, which ought to be eligible for the new program, though the Fed release is not clear on this point."
So will the Fed succeed in halting foreign Treasury sales thanks to the brand new repo facility? Or will foreign central banks skip the repo facility, just as US dealers have done for the past 2 weeks, and continue to liquidate forcing the Fed - that last resort monetizer of US deficit and debt issuance - to buy even more Treasurys each day?
We'll know the answer this time next week when the latest custody data is released, and this time it will include the fully functioning foreign repo facility.
#8655007 at 2020-04-02 00:37:26 (UTC+1)
Q Research General #11082: Now Comes the PAIN Edition
Asking for help from frens—is THIS REAL? Posted on social media–allegedly from here–but couldn't find in the archive (unless I'm a dumass and am looking wrong–real possibility)
"Happening - Coronavirus Leads to Treasury Dollar Printing
Anonymous (ID: BTOmFF2X) 03/03/20(Tue)11:22:35 No.246338388 (60 replies shown)
I have inside info. The USA has billions of printed treasury notes in vaults located in every state.
There are Treasury banks already situated and ready to open up for business as soon as a state of emergency is called.
The design and distribution of the Treasury dollars has been a top secret underground project ever since Trump took office.
Trump was hoping to make it to the second term before implementing this plan, but it seems ((they)) are forcing his hand with this coronavirus economic black swan.
((they)) don't know yet that we are ready to completely do away with their monopoly currency and central bank and go back to a constitutional Treasury based money system.
(they)) think that this black swan event will freeze up the US economy and their plan is to twist the knife by flooding so much USD into the system that not even a wheelbarrow of $100 bills can buy a ramen packet.
Anonymous (ID: BTOmFF2X) 03/03/20(Tue)11:22:45 No.246338408 (48 replies shown)
Here is the series of events that will take place instead.
>>coronachan devastates world economy
>>all countries bend knee economically to their ((central banks)) for liquidity
>>USD begins to inflate dramatically
>>doesn't stop stock market from tanking
>>emergency meeting called by Trump
>>audit of US gold supply from several sources takes place.
>>audit comes back with surprising result... The us has 10x more gold than was previously on the books.
((it seems that Trump has raided the gold supply of the elite in return for immunity deals))
>>announces that Treasury dollars are now available and backed by gold and silver at a rate of $100,000 treasury dollars per oz of gold.
>>any US CITIZEN can exchange the money in their bank accounts for a new US treasury account (exchange rate of USD to new UST to be determined somewhere between 1/1 and 1/10 probably)
>>all of ((their)) banks fail as CITIZENS begin mass exodus of USD and open a Treasury bank account.
Trumps master plan begins to take shape. Trump has taken a simple stone (gold) and crushed ((them)) with it. Trump has finished the work of Jackson and routed the vipers completely out.
This sets USA up for literal golden era while all other central bank countries begin to collapse around us.
Manufacturing comes back and new life is breathed into the USA. All other countries want to do business with us as they collapse.
screen this."
#8652770 at 2020-04-01 22:06:09 (UTC+1)
Q Research General #11079: 4/10/20, He's Got This! Edition
Fed Panics As Foreigners Dump A Record $109 Billion In US Treasuries
Exactly one week ago, when we highlighted the unprecedented surge in Fed Treasury purchases which since March 19 has amounted to $75BN per day until tomorrow when it tapers modestly to $60BN, we said that the Fed's record ramp in debt monetization "is hardly an accident: one look at the Treasury securities held in custody at the Fed shows that the past two weeks have seen a whopping $50BN in foreign central bank sales, a 1.7% drop which was the highest in six years."
As we also noted, "the selling may have contributed to record volatility in the Treasury market and prompted the Fed's intervention. More importantly, it also means that the biggest buyer of US Treasurys in the past decade, foreign official institutions (i.e., central banks and reserve managers) are now sellers, so now the U.S. government needs private investors to soak up the ever increasing debt issuance."
But since private investors are busy, trying to avoid getting killed by a deadly Chinese virus, it means that only the Fed now can fund the exploding US budget deficit… which is precisely what it has been doing, having purchased a record $912 billion in US Treasuries since the relaunch of official QE (hence expanded to unlimited QE) on March 13.
https://www.zerohedge.com/markets/fed-panics-foreigners-dump-record-109-billion-us-treasuries
#8651542 at 2020-04-01 20:35:44 (UTC+1)
Q Research General #11078: Hope is the Message, No Fear Edition
Global Announcements
>>8643175 Proclamation on National Child Abuse Prevention Month, 2020
>>8607610 Q Tripcode map, showing continuity of authorship - Need anons to verify for dough entry
>>8579854, >>8580159 Make it easier on the bakers: how to write high-quality research posts
>>8363658 Iwo Jima flag on YouTube for TOR posting
>Baker PSA: In light of recent flurry of global activity, anons are encouraged to archive offline
Notables
are not endorsements
#11077
>>8651108, >>8651122, >>8651188, >>8651228, >>8651245, >>8651252, >>8651285, >>8651324, >>8651376, >>8651464 PF Updates
>>8651219 "The truth is out there, and its your time to find it."
>>8651128 ETFs Liquidate at Quickest Pace Since 2017 Amid Market Turmoil
>>8651087 421,394 missing children in the US - 2019
>>8650864 Gerald Rappaport, who managed downtown Milwaukee's Hilton, Hyatt and other major hotels, has died at age 58
>>8650861 Turkish Navy Joins Battle In Libya, Launches Missiles At Warplanes Supporting LNA
>>8650849, >>8651049 Biden Calls For Remote 'Virtual' Voting in 2020 Elections
>>8650817, >>8650862 @usairforce The mission continues. #ReadyAF
>>8650795 DOJ Makes $850 Million Available to Help Public Safety Agencies Address COVID-19 Pandemic
>>8651494 #11077
#11076
>>8650101, >>8650144, >>8650223, >>8650301 PF updates
>>8650732 Dan Scavino HAPPENING NOW
>>8650554 2 Minnesotans die in fiery western Iowa helicopter crash
>>8650552 Gov. DeSantis issues stay-at-home order for entire state of Florida
>>8650531 U.S. Naval Institute's LaGrone: Navy, Marine Corps Transition for Chinese Threat - 'China Is Very Much on Everybody's Mind
>>8650444 Fed Takes on Role of World's central bank by Pumping Out Dollars
>>8650378 PERSPECTIVE: CDC Statistical Estimates for the 2019-2020 U.S. Flu Season
>>8650333 WH Briefings & Statements
>>8650297 Wimbledon cancelled first time since 1945
>>8650278 "half Whit" wants your questions
>>8650246 Pence: These are not numbers, these are Americans.
>>8650199, >>8650212 April Presidential Proclomations
>>8650169 Human rights groups ask Council of Europe to crack down on 'authoritarian' governments
>>8650154 Acting Navy secretary: 2,700 sailors from aircraft carrier Theodore Roosevelt to be removed from ship following outbreak of coronavirus on board
>>8650150 Populist AfD urges end to sanctions against Russia amid economic fallout caused by virus
>>8650078 T-Mobile officially completes merger with Sprint, CEO John Legere steps down ahead of schedule
>>8650063, >>8650098 Rapper 6ix9ine could be released from prison "any day now" due to coronavirus - XXL
>>8650041 Shiffty wants a 9/11 commission on chinavirus
>>8650745 #11076
#11075
>>8649448, >>8649483, >>8649543, >>8649577, >>8649801, >>8649879 planefaggin eyes on Gates
>>8649472, >>8649726 The article that got zerohedge twitter banned, doxxd Dr. of corona virus
>>8649584 We examined the waveform of that EQ and were unable to determine if it was the signature of a natural event, a nuclear explosion, or conventional high explosives.
>>8649566 Potus: Upon information and belief, Iran or its proxies are planning a sneak attack on U.S. troops and/or assets in Iraq. If this happens, Iran will pay a very heavy price, indeed!
>>8649382 Whiting files for Chapter 11 bankruptcy as oil prices hover at $20
>>8649364, >>8649380, >>8649417 anon thinks outside the tunnel
>>8649357, >>8649719 BY THE PRESIDENT OF THE UNITED STATES OF AMERICA, NATIONAL CHILD ABUSE PREVENTION MONTH, 2020
>>8649314, >>8649498, >>8649412,>>8649509 Navy pic up close, child's hand?/rescuing kids?
>>8649327 Q hit piece from infowars
>>8649310 OTDIH On this day 1 April 1945 U.S. troops landed on the Japanese island of Okinawa during World War II.
>>8649274 Potus: Congress must pass the old, and very strongly proven, deductibility by businesses on restaurants and entertainment
>>8649960 #11075
Previously Collected Notables
>>8646879 #11071, >>8647666 #11072, >>8648456 #11073, >>8649165 #11074
>>8643798 #11067, >>8644573 #11068, >>8645304 #11069, >>8646114 #11070
>>8642072 #11065, >>8643043 #11066, >>8643043 #11066, >>8643043 #11066
Notables Thread #1, #8960-present: >>7003045
Notables Aggregators: https://wearethene.ws & https://qnotables.com (new)
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8651505 at 2020-04-01 20:32:43 (UTC+1)
Q Research General #11077: Simply The Best Edition
Nationalizing the Federal Reserve is only a good idea if the goal is to eliminate it. A national central bank creates the same (if not more) moral hazards than a private one.
The problem isn't that a private central bank lends money into existence and then expects to be paid back interest. The problem is that when ANY central bank creates money, the privileged groups that are connected to the bank and the government get the money FIRST. This happens before prices go up due to inflation. These people are able to use counterfeit money to essentially buy whatever they want at today's prices.
Once the money circulates and inflation of prices occurs, people who are not connected to the fed and the government get the money. But now prices have already gone up. It's as if these people are paying a tax equivalent to the rate of inflation.
People connected to the central bank, whether it's private or public do not pay the inflation tax. Everyone else (you and me) does.
That's one of the truly insidious problems with a central bank, private or public.
#8651467 at 2020-04-01 20:28:28 (UTC+1)
Q Research General #11077: Simply The Best Edition
One hypothesis is that this Covid-19 pandemic is being used to usher in the depression that may have taken some time to unfold on its own. Given the profligacy of the central banks over the last decade, it was obviously going to happen. Bubbles are always searching for a pin.
The pandemic gives the powers-that-be cover to blame it on a red herring, rather than the actual cause, i.e. the central bank.
This is good because most people don't understand the schemes of the central banks and thus, would not grasp why the depression was happening. The pandemic makes for a very palatable story. "The government HAD to shut down businesses, forcing us into a depression. It was unavoidable. And by the way, the central bank isn't lowering rates fast enough."
(This was bullshit, by the way. The problem was that the central bank kept rates far too low far too long. But the average person can't grasp that.)
Blaming the bank (a little bit) gives Trump cover to phase it out (awesome!) or nationalize it (a terrible idea).
#8650762 at 2020-04-01 19:08:11 (UTC+1)
Q Research General #11077: Simply The Best Edition
Global Announcements
>>8643175 Proclamation on National Child Abuse Prevention Month, 2020
>>8607610 Q Tripcode map, showing continuity of authorship - Need anons to verify for dough entry
>>8579854, >>8580159 Make it easier on the bakers: how to write high-quality research posts
>>8363658 Iwo Jima flag on YouTube for TOR posting
>Baker PSA: In light of recent flurry of global activity, anons are encouraged to archive offline
Notables
are not endorsements
#11076
>>8650101, >>8650144, >>8650223, >>8650301 PF updates
>>8650732 Dan Scavino HAPPENING NOW
>>8650554 2 Minnesotans die in fiery western Iowa helicopter crash
>>8650552 Gov. DeSantis issues stay-at-home order for entire state of Florida
>>8650531 U.S. Naval Institute's LaGrone: Navy, Marine Corps Transition for Chinese Threat - 'China Is Very Much on Everybody's Mind
>>8650444 Fed Takes on Role of World's central bank by Pumping Out Dollars
>>8650378 PERSPECTIVE: CDC Statistical Estimates for the 2019-2020 U.S. Flu Season
>>8650333 WH Briefings & Statements
>>8650297 Wimbledon cancelled first time since 1945
>>8650278 "half Whit" wants your questions
>>8650246 Pence: These are not numbers, these are Americans.
>>8650199, >>8650212 April Presidential Proclomations
>>8650169 Human rights groups ask Council of Europe to crack down on 'authoritarian' governments
>>8650154 Acting Navy secretary: 2,700 sailors from aircraft carrier Theodore Roosevelt to be removed from ship following outbreak of coronavirus on board
>>8650150 Populist AfD urges end to sanctions against Russia amid economic fallout caused by virus
>>8650078 T-Mobile officially completes merger with Sprint, CEO John Legere steps down ahead of schedule
>>8650063, >>8650098 Rapper 6ix9ine could be released from prison "any day now" due to coronavirus - XXL
>>8650041 Shiffty wants a 9/11 commission on chinavirus
>>8650745 #11076
#11075
>>8649448, >>8649483, >>8649543, >>8649577, >>8649801, >>8649879 planefaggin eyes on Gates
>>8649472, >>8649726 The article that got zerohedge twitter banned, doxxd Dr. of corona virus
>>8649584 We examined the waveform of that EQ and were unable to determine if it was the signature of a natural event, a nuclear explosion, or conventional high explosives.
>>8649566 Potus: Upon information and belief, Iran or its proxies are planning a sneak attack on U.S. troops and/or assets in Iraq. If this happens, Iran will pay a very heavy price, indeed!
>>8649382 Whiting files for Chapter 11 bankruptcy as oil prices hover at $20
>>8649364, >>8649380, >>8649417 anon thinks outside the tunnel
>>8649357, >>8649719 BY THE PRESIDENT OF THE UNITED STATES OF AMERICA, NATIONAL CHILD ABUSE PREVENTION MONTH, 2020
>>8649314, >>8649498, >>8649412,>>8649509 Navy pic up close, child's hand?/rescuing kids?
>>8649327 Q hit piece from infowars
>>8649310 OTDIH On this day 1 April 1945 U.S. troops landed on the Japanese island of Okinawa during World War II.
>>8649274 Potus: Congress must pass the old, and very strongly proven, deductibility by businesses on restaurants and entertainment
>>8649960 #11075
Previously Collected Notables
>>8646879 #11071, >>8647666 #11072, >>8648456 #11073, >>8649165 #11074
>>8643798 #11067, >>8644573 #11068, >>8645304 #11069, >>8646114 #11070
>>8642072 #11065, >>8643043 #11066, >>8643043 #11066, >>8643043 #11066
Notables Thread #1, #8960-present: >>7003045
Notables Aggregators: https://wearethene.ws & https://qnotables.com (new)
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8650745 at 2020-04-01 19:06:29 (UTC+1)
Q Research General #11076: Fluids and Nutrition Edition
#11076
>>8650101, >>8650144, >>8650223, >>8650301 PF updates
>>8650732 Dan Scavino HAPPENING NOW
>>8650554 2 Minnesotans die in fiery western Iowa helicopter crash
>>8650552 Gov. DeSantis issues stay-at-home order for entire state of Florida
>>8650531 U.S. Naval Institute's LaGrone: Navy, Marine Corps Transition for Chinese Threat - 'China Is Very Much on Everybody's Mind
>>8650444 Fed Takes on Role of World's central bank by Pumping Out Dollars
>>8650378 PERSPECTIVE: CDC Statistical Estimates for the 2019-2020 U.S. Flu Season
>>8650333 WH Briefings & Statements
>>8650297 Wimbledon cancelled first time since 1945
>>8650278 "half Whit" wants your questions
>>8650246 Pence: These are not numbers, these are Americans.
>>8650199, >>8650212 April Presidential Proclomations
>>8650169 Human rights groups ask Council of Europe to crack down on 'authoritarian' governments
>>8650154 Acting Navy secretary: 2,700 sailors from aircraft carrier Theodore Roosevelt to be removed from ship following outbreak of coronavirus on board
>>8650150 Populist AfD urges end to sanctions against Russia amid economic fallout caused by virus
>>8650078 T-Mobile officially completes merger with Sprint, CEO John Legere steps down ahead of schedule
>>8650063, >>8650098 Rapper 6ix9ine could be released from prison "any day now" due to coronavirus - XXL
>>8650041 Shiffty wants a 9/11 commission on chinavirus
>>8650716 #11076
#8650716 at 2020-04-01 19:02:04 (UTC+1)
Q Research General #11076: Fluids and Nutrition Edition
>>8650101, >>8650144, >>8650223, >>8650301 PF updates
>>8650554 2 Minnesotans die in fiery western Iowa helicopter crash
>>8650552 Gov. DeSantis issues stay-at-home order for entire state of Florida
>>8650531 U.S. Naval Institute's LaGrone: Navy, Marine Corps Transition for Chinese Threat - 'China Is Very Much on Everybody's Mind
>>8650444 Fed Takes on Role of World's central bank by Pumping Out Dollars
>>8650378 PERSPECTIVE: CDC Statistical Estimates for the 2019-2020 U.S. Flu Season
>>8650333 WH Briefings & Statements
>>8650297 Wimbledon cancelled first time since 1945
>>8650278 "half Whit" wants your questions
>>8650246 Pence: These are not numbers, these are Americans.
>>8650199, >>8650212 April Presidential Proclomations
>>8650169 Human rights groups ask Council of Europe to crack down on 'authoritarian' governments
>>8650154 Acting Navy secretary: 2,700 sailors from aircraft carrier Theodore Roosevelt to be removed from ship following outbreak of coronavirus on board
>>8650150 Populist AfD urges end to sanctions against Russia amid economic fallout caused by virus
>>8650078 T-Mobile officially completes merger with Sprint, CEO John Legere steps down ahead of schedule
>>8650063, >>8650098 Rapper 6ix9ine could be released from prison "any day now" due to coronavirus - XXL
>>8650041 Shiffty wants a 9/11 commission on chinavirus
#11076
#8650614 at 2020-04-01 18:49:23 (UTC+1)
Q Research General #11076: Fluids and Nutrition Edition
>>8650605
Notables
>>8650101, >>8650144, >>8650223, >>8650301 PF updates
>>8650554 2 Minnesotans die in fiery western Iowa helicopter crash
>>8650552 Gov. DeSantis issues stay-at-home order for entire state of Florida
>>8650531 U.S. Naval Institute's LaGrone: Navy, Marine Corps Transition for Chinese Threat - 'China Is Very Much on Everybody's Mind
>>8650444 Fed Takes on Role of World's central bank by Pumping Out Dollars
>>8650378 PERSPECTIVE: CDC Statistical Estimates for the 2019-2020 U.S. Flu Season
>>8650333 WH Briefings & Statements
>>8650297 Wimbledon cancelled first time since 1945
>>8650278 "half Whit" wants your questions
>>8650246 Pence: These are not numbers, these are Americans.
>>8650199, >>8650212 April Presidential Proclomations
>>8650169 Human rights groups ask Council of Europe to crack down on 'authoritarian' governments
>>8650154 Acting Navy secretary: 2,700 sailors from aircraft carrier Theodore Roosevelt to be removed from ship following outbreak of coronavirus on board
>>8650150 Populist AfD urges end to sanctions against Russia amid economic fallout caused by virus
>>8650078 T-Mobile officially completes merger with Sprint, CEO John Legere steps down ahead of schedule
>>8650063, >>8650098 Rapper 6ix9ine could be released from prison "any day now" due to coronavirus - XXL
>>8650041 Shiffty wants a 9/11 commission on chinavirus
#8650444 at 2020-04-01 18:32:58 (UTC+1)
Q Research General #11076: Fluids and Nutrition Edition
Fed Takes on Role of World's central bank by Pumping Out Dollars
The Federal Reserve is acting as central banker to the world by seeking to provide the global financial system with the dollar liquidity it needs to avoid seizing up.
In its latest measure to combat the economic fallout from the coronarvirus pandemic, the Fed said Tuesday it was establishing a temporary repurchase agreement facility to allow foreign central banks to swap any Treasury securities they hold for cash. That's yet another step beyond the actions it took in the 2008 financial crisis.
"To the Federal Reserve's credit, it is playing the role of central banker to the world rather than denying it and trying to ward it off," said former Fed official Ted Truman, who is now a senior fellow at the Peterson Institute for International Economics in Washington.
The Fed is trying to prevent a liquidity squeeze amid a worldwide rush into dollars, as the virus wreaks havoc on a global economy that is heavily dependent on the greenback as its linchpin.
"A lot of borrowing and commerce and investing is done in dollars," Julia Coronado, founding partner of MacroPolicy Perspectives in New York and a former Fed economist, said in an interview on Bloomberg Radio. "When you have a dollar crunch, it can turn a recession or contraction in activity into a financial crisis very quickly because the dollar shortage can trigger defaults and deleveraging."
Emerging-market borrowers are especially at risk. Encouraged by low U.S. interest rates, they've loaded up on a dollar-denominated debt in recent years. They now face a squeeze as their exports plummet due to economic shutdowns worldwide to combat the coronavirus contagion.
A significantly stronger dollar can also hurt the U.S. by tightening financial conditions and making American exports more expensive on world markets.
Strains Remain
Investors rushed for the currency this month, pushing the premium paid to swap funding exposure from euros into the dollar to multiyear highs. While the shortage of dollars has since eased, strains remain in emerging markets.
Unlike the currency swap lines the Fed already has in place with selected central banks – and which it employed in the financial crisis – the new repo facility will be open to most foreign central banks and foreign monetary authorities with an account at the New York Fed.
"Almost every country that holds dollars has an account at the Federal Reserve," Truman said. "My guess is that $5 trillion is held there."
The New York Fed says it has over 200 account holders, with the vast majority held by foreign central banks and monetary authorities.
The new facility though does lack something the currency swaps provide. While it allows foreign central banks to liquefy their holdings of Treasuries and obtain dollars, it does not add to their reserves. Rather, it just changes their composition.
Krishna Guha, head of central bank strategy at Evercore ISI, said the the repo program should help smaller emerging markets that need to raise dollars to intervene to prevent freefalls in their currencies.
Selling Pressure
It should also lead to less forced selling of Treasuries by those foreign central banks and thus support the Fed's efforts to restore some semblance of order to the U.S. government debt market, he said in a note to clients.
The Fed nodded to that reasoning in its statement announcing the new program. The facility "reduces the need for central banks to sell their Treasury securities outright and into illiquid markets," helping stabilize trading in the world's most secure and important asset, it said.
There are some doubts though about how widely the program will be used. The Fed is charging 25 basis points over the interest rate on excess reserves – currently 0.1% – to buy back U.S. Treasuries. It is hard to know which monetary authorities would opt for the program rather than first trying to sell at market without the extra cost.
The Fed is having to take on the mantle of world central banker because of the dollar's dominant role in the world economy and the critical importance of the Treasury debt market to the global financial system.
Dominant Dollar
Even though the U.S. was the epicenter of the 2008-09 crisis, the dollar's role has strengthened since then, in part because the euro's position has faded due to the ongoing problems of the currency bloc, Harvard University professor Carmen Reinhart told Bloomberg Radio.
https://finance.yahoo.com/news/fed-takes-role-world-central-191339893.html
#8649202 at 2020-04-01 16:29:43 (UTC+1)
Q Research General #11074: Tracking Bill Gates 24/7 Edition
China doesn't do "partnerships" - China does *takeovers*
@palkisu
10000+ deaths in Italy.
China twists facts,says pneumonia first seen in Italy, claims Italians sing Chinese anthem!
Rome wasn't lost in a day:
-200 big Italian businesses hv Chinese owners
-China central bank has stakes in Italian blue chip Cos
-Italy 1st dev economy to join BRI
1:39 AM · Mar 31, 2020
https://twitter.com/palkisu/status/1244892037297491968
#8646792 at 2020-04-01 10:54:02 (UTC+1)
Q Research General #11071: April Fools Day/ Shill Depreciation Day, Show Them Love Edition
Why Did Russia Just Halt Domestic Gold Purchases?
Wed, 04/01/2020 - 05:35
"As the gold market continues to deal with global liquidity issues, and virus-lockdown-related disruptions between paper and physical pricing as extremely high physical demand creates shortages, Russia made a surprise announcement on Monday.
Starting April 1, Russia will be suspending its domestic gold purchases:
"Since April 1, 2020, the bank of Russia has suspended the purchase of gold in the domestic precious metals market.
Further decisions on the purchase of gold will be made depending on the development of the situation in the financial market…" Russia's central bank said.
In recent years, as Kitco notes, the Russian central bank has dominated the gold market, consistently increasing its gold reserves every month for the last three years. According to data from the World Gold Council, the Russian central bank bought 158.1 tons last year. The WGC data shows that the central bank bought 8.1 tons of gold in January.
Although Russia will not be adding to its gold reserves in the near future, analysts are not expecting the central bank to start selling its gold anytime soon."
moar:
https://www.zerohedge.com/commodities/why-did-russia-just-halt-domestic-gold-purchases
#8646500 at 2020-04-01 09:38:00 (UTC+1)
Q Research General #11071: April Fools Day/ Shill Depreciation Day, Show Them Love Edition
>>8646485
central bank (singular) is the virus
#8645966 at 2020-04-01 07:39:43 (UTC+1)
Q Research General #11070: Flynn For The Win Edition
170 foreign central banks can now sell US Treasury and mortgage backed securities directly back to the US Treasury instead of on the open market for at least 6 months
https://www.wsj.com/articles/fed-will-launch-new-lending-facility-for-foreign-central-banks-11585657885
WASHINGTON-The Federal Reserve said Tuesday it would launch a temporary lending facility that for the first time will allow foreign central banks to convert their holdings of Treasury securities into dollars, its latest bid to alleviate strains in global markets.
The program is designed to alleviate stresses in currency markets that had prompted more foreign central banks to sell their holdings of Treasurys. The Fed has been aggressively purchasing Treasury and mortgage securities to reduce market strains, and the latest move could reduce the supply of those securities hitting the market if foreign central banks can more easily exchange them for dollars.
The program could allow around 170 foreign central banks and other international monetary authorities that maintain accounts at the New York Fed and aren't subject to U.S. sanctions to enter a lending arrangement called a repurchase agreement, or repo, in which borrowers temporarily exchange their Treasury securities for dollars.
"This facility should help support the smooth functioning of the U.S. Treasury market by providing an alternative temporary source U.S. dollars other than sales of securities in the open market," the Fed said in a statement.
The repo facility for foreign central banks will be available beginning April 6 for at least six months.
The latest dollar-lending programs will complement separate tools the Fed has launched to lend dollars to 14 other central banks in Europe, Canada, Mexico, Japan, Brazil and Australia to ensure markets don't run short of currency outside of the U.S.
The repo market shook the financial world in September when an unexpected rate spike choked short-term lending, spurring the Federal Reserve to intervene. WSJ explains how this critical, but murky part of the financial system works, and why some banks say the crunch could have been prevented. Il
Many business transactions abroad take place in dollars and foreign institutions also lend in the currency. The Fed used these "swap" lines aggressively in 2008 and 2009 during the financial crisis.
But the latest lending program goes beyond what the Fed employed during the financial crisis or the 2011-12 eurozone crisis by making available dollar funding to a far broader cohort of emerging-market reserve banks. It underscores the growing primacy of the dollar in global finance and the demands that has placed on the Fed to serve as a central bank to the world.
The new lending facility is likely to reach a much broader set of foreign central banks, especially those with acute dollar demands that don't have Fed swap lines, including in India, China and Saudi Arabia.
While swap lines essentially allow the Fed to lend against the currencies of foreign central banks, the latest repo transactions offer these central banks loans against their holdings of U.S. Treasurys.
The latest facility should "serve a useful role to assist smaller emerging markets that need to monetize dollar assets to lean against excessive exchange-rate depreciation," said analysts at Evercore ISI in a report Tuesday.
#8642567 at 2020-04-01 01:37:07 (UTC+1)
Q Research General #11066: Strength, Love and Devotion Edition
World's Top Gold Market Freezes as Chinese Shoppers Stay Away
China is the biggest buyer of gold bars, coins and jewelry, but the national shutdown to contain the virus has emptied malls, while the premium charged to buy the metal in China has evaporated. It leaves the industry staring down a long road to recovery, even as Beijing tries to jump-start broader consumption with a campaign to get shoppers out and about. The market's struggles in China may present a headwind for prices, which last month topped $1,700 an ounce for the first time in seven years. The traditional haven also faces a drag from slower retail consumption in India, Europe and the U.S., as well as Russia's surprise decision to halt purchases by its central bank. Last year, Chinese consumers accounted for about a fifth of total gold demand of 4,356 tons, according to the World Gold Council.
China's retail sales of gold, silver and jewelry plunged 41% in the first two months of the year. Zhang estimated that the amount of gold jewelry sold in the first quarter will have fallen by at least half, setting up a significant decline for the whole year. "Consumers won't return to buy gold jewelry until the pandemic ends, and Chinese investors are also unwilling to purchase gold with their deposits at the moment," he said.
The trepidation contrasts with a flurry of activity on the global market last week, which saw gold refineries shut and aircraft grounded, creating a massive squeeze on gold futures in New York as traders scrambled to get enough physical metal to meet their commitments.
It also comes as the Chinese economy inches back to normality and new infections slow to a trickle. The nation was about 90% back to work at the end of last week, according to Bloomberg Economics. Still, consumers remain hesitant after weeks of government warnings about the dangers of mingling with others, and as financial pressures mount amid rising unemployment. The market remains concerned over the constraints around delivering bullion, which is contributing to price volatility, said Haywood Cheung, president of the Chinese Gold & Silver Exchange Society, which trades physical gold and silver in Hong Kong.
Production cuts at gold refiners will help boost prices, he said, while broader conditions remain supportive to bullion.
https://www.bloomberg.com//news/articles/2020-04-01/world-s-top-gold-market-freezes-as-chinese-shoppers-stay-away
#8636948 at 2020-03-31 17:59:37 (UTC+1)
Q Research General #11059: WHO's News Now? Edition
#11056 New Baker
>>8634708, >>8634713, >>8634779, >>8634784, >>8635205, >>8635244, >>8635339 PF Repots - UK, Latvia, Taylor Swift, SAM Flights
>>8634727, >>8634740 Russian doctor who met Putin last week diagnosed with ChinaVirus
>>8634735 New Sessions twat
>>8634756 Van Gogh painting stolen from Dutch museum
>>8634762 ACLU, Planned Parenthood, file suit against Iowa over halting abortions
>>8634795, >>8634847 IRS orders its buildings be evacuated due to fear of Corona virus.
>>8634817, >>8634977 Keith Harring Diggs continued
>>8634692, >>8634854 China supply-chain cutoff claims surprising victim: Mexican cartels
>>8634890 Dr. Colleen Smith (Elmhurst Dr.) Simulation training speech (vid embed)
>>8634900, >>8634988, >>8635053, >>8635016 DOJ IG audits FBIs woods procedures in FISA cases, finds many problems
>>8634914 Secretary Pompeo holds a press availability@ State Dept. 10:40 AM (ytube)
>>8634926, >>8635003 New Project Veritas Video, talks to Nat. Guard (ytube)
>>8634992 Michele Bachmann tried to warn Minnesotans
>>8635018 Speaker Pelosi will not take coronavirus test
>>8635069, >>8635081, >>8635103 Edgar Bronfman Jr. Digg (NYU Langome Health and ventilators)
>>8635118 Secretary of state of Idaho wants Idahoans to vote early
>>8635074, >>8635088 Anons theory on Gov. Cuomo pierced Nipples
>>8635133, >>8635147, >>8635168 CA Law that allows kids to get transgender therapy w/o parental consent digg
>>8635209 Q Posts - Some interesting upcoming 2yr Delta|2 days ahead.
>>8635229 New Hillary twat
>>8634686, >>8634696, >>8634935, >>8635032, >>8635027, >>8635120 Other News
>>8635359 #11056
#11055 new baker
>>8634535, >>8634572 President Trump's Tweets News and Decodes
>>8634342, >>8634379, >>8634457 Planefag reports
>>8634022 US Military News/Tweets
>>8633895, >>8633916, >>8633947, >>8633950, >>8634345, >>8634400, >>8634406,
>>8634412, >>8634434, >>8634530, >>8634540, >>8634544, >>8634624 Chinese Virus Reports
>>8633981, >>8634019, >>8634080, >>8634093, >>8634158, >>8634228, >>8634275,
>>8634294, >>8634407, >>8634463, >>8634491, >>8634509, >>8634527, >>8634542, >>8634605 Noteable people in the news
>>8633921, >>8634140 Anon O'Pine The leaked Governor call was made possible by a treasonous governor.
>>8633929, >>8633935, >>8633978, >>8633986, >>8633997, >>8634004, >>8634047,
>>8634358, >>8634493, >>8634549, >>8634576 Info about Comfort and Mercy ship deployment and Q drop decodes
>>8633957, >>8634236, >>8634538, >>8634589, >>8634604 Civil law suit against many top tech company's and people
>>8633972 The Cabal, Deep State and QAnon E8 - Beyond Queens and Kings
>>8634011 Exclusive: Japan businessman paid $8.2 million by Tokyo Olympics bid lobbied figure at center of French corruption probe
>>8633989, >>8634103 Q Red Pill Video's
>>8634067, Google appears to be unlocking censorship at this time
>>8634100 World's busiest border falls quiet with millions of Mexicans barred from U.S.
>>8634132, >>8634175, >>8634349, >>8634426 #WorldBackupDay FBI tweets
>>8634130 Spoop? COMEY, J. Brien, age 89 of Allendale, died peacefully on Tuesday, March 24, 2020.
>>8634282, >>8634397, >>8634421 fed Launches Repo Facility To Provide Dollars To Foreign central bank
>>8634337, >>8634368 northam announced a "Stay at Home" order in Virginia until June 10th. But why June 10th? Virginia Primary is June 9th.
>>8634365 Question: When did JA tweet this "key"? When did Q start posting (the map)?
>>8634534 soros and the Coronavirus pandemic
>>8634519 Dr. Colleen Smith, the doctor in the NYT Elmhurst hospital crisis, body bags, freezer trucks piece that Trump referred to teaches online
>>8634561 New Yorkers baffled over 'unsettling' Empire State Building siren display
>>8634643 #11055
Previously Collected Notables
>>8633009 #11053, >>8633841 #11054, >>8634643 #11055
>>8629983 #11049, >>8630666 #11050, >>8631759 #11051, >>8632275 #11052
>>8626864 #11045, >>8627660 #11046, >>8628359 #11047, >>8629206 #11048
Notables Thread #1, #8960-present: >>7003045
Notables Aggregators: https://wearethene.ws & https://qnotables.com (new)
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8636171 at 2020-03-31 16:31:19 (UTC+1)
Q Research General #11058: Spread The Cure Far and Wide Edition
#11055 new baker
>>8634535, >>8634572 President Trump's Tweets News and Decodes
>>8634342, >>8634379, >>8634457 Planefag reports
>>8634022 US Military News/Tweets
>>8633895, >>8633916, >>8633947, >>8633950, >>8634345, >>8634400, >>8634406,
>>8634412, >>8634434, >>8634530, >>8634540, >>8634544, >>8634624 Chinese Virus Reports
>>8633981, >>8634019, >>8634080, >>8634093, >>8634158, >>8634228, >>8634275,
>>8634294, >>8634407, >>8634463, >>8634491, >>8634509, >>8634527, >>8634542, >>8634605 Noteable people in the news
>>8633921, >>8634140 Anon O'Pine The leaked Governor call was made possible by a treasonous governor.
>>8633929, >>8633935, >>8633978, >>8633986, >>8633997, >>8634004, >>8634047,
>>8634358, >>8634493, >>8634549, >>8634576 Info about Comfort and Mercy ship deployment and Q drop decodes
>>8633957, >>8634236, >>8634538, >>8634589, >>8634604 Civil law suit against many top tech company's and people
>>8633972 The Cabal, Deep State and QAnon E8 - Beyond Queens and Kings
>>8634011 Exclusive: Japan businessman paid $8.2 million by Tokyo Olympics bid lobbied figure at center of French corruption probe
>>8633989, >>8634103 Q Red Pill Video's
>>8634067, Google appears to be unlocking censorship at this time
>>8634100 World's busiest border falls quiet with millions of Mexicans barred from U.S.
>>8634132, >>8634175, >>8634349, >>8634426 #WorldBackupDay FBI tweets
>>8634130 Spoop? COMEY, J. Brien, age 89 of Allendale, died peacefully on Tuesday, March 24, 2020.
>>8634282, >>8634397, >>8634421 fed Launches Repo Facility To Provide Dollars To Foreign central bank
>>8634337, >>8634368 northam announced a "Stay at Home" order in Virginia until June 10th. But why June 10th? Virginia Primary is June 9th.
>>8634365 Question: When did JA tweet this "key"? When did Q start posting (the map)?
>>8634534 soros and the Coronavirus pandemic
>>8634519 Dr. Colleen Smith, the doctor in the NYT Elmhurst hospital crisis, body bags, freezer trucks piece that Trump referred to teaches online
>>8634561 New Yorkers baffled over 'unsettling' Empire State Building siren display
>>8634643 #11055
Previously Collected Notables
>>8633009 #11053, >>8633841 #11054
>>8629983 #11049, >>8630666 #11050, >>8631759 #11051, >>8632275 #11052
>>8626864 #11045, >>8627660 #11046, >>8628359 #11047, >>8629206 #11048
Notables Thread #1, #8960-present: >>7003045
Notables Aggregators: https://wearethene.ws & https://qnotables.com (new)
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8636027 at 2020-03-31 16:15:31 (UTC+1)
Q Research General #11057: Comfy with a Side of Mercy Edition
What the Federal Reserve has done in the chinavirus crisis
Here's a look at some of the steps taken by the Fed so far:
** RATE CUTS
The Fed cut rates twice on an emergency basis this month, the first time it has done that since the financial crisis in 2008. The first cut of a half percentage point was on March 3 and the second of a full point was on March 15, which brought the Fed's overnight borrowing rate for banks back to near zero. The reduction is meant to keep down the cost of loans for banks - and by extension their customers - to ensure borrowers have ample access to credit during the crisis.
** REPO MARKET
The Fed has been intervening in money markets since last fall, when a cash shortage led to a jump in short-term borrowing rates. Policymakers had planned this year to scale back operations in the market for repurchase agreements, or repo, through which dealers can borrow cash. But as the economic threat posed by the coronavirus increased, the central bank pivoted to offering almost unlimited support in the overnight lending markets for cash. On March 31, the Fed also announced that it broadened its repo agreements with foreign central banks, allowing them to exchange their holdings of U.S. Treasury securities for overnight dollar loans.
** QUANTITATIVE EASING (QE)
The Fed first employed QE in the financial crisis, starting in 2008. The idea is that through large-scale purchases of various types of bonds - mostly Treasuries and mortgage-backed securities - it helps ensure that longer-term interest rates like those for mortgages and car loans remain low and helps keep major purchases affordable for consumers and businesses. When it cut rates back to near zero on March 15, the Fed restarted these large-scale purchases and is now doing so with an open-ended commitment.
The Fed first employed QE in the financial crisis, starting in 2008. The idea is that through large-scale purchases of various types of bonds - mostly Treasuries and mortgage-backed securities - it helps ensure that longer-term interest rates like those for mortgages and car loans remain low and helps keep major purchases affordable for consumers and businesses. When it cut rates back to near zero on March 15, the Fed restarted these large-scale purchases and is now doing so with an open-ended commitment.
** DISCOUNT WINDOW
banks in recent weeks have borrowed the most since 2009 from the Fed's lending tool of last resort at the urging of the central bank. The so-called "discount window" is rarely used because banks are worried that using it could make them appear weak. But policymakers have lowered the rate charged on the funding to 0.25% and extended the length of the loans offered from one day to 90 days. As of last Wednesday, banks had borrowed more than $50 billion.
** central bank FOREIGN CURRENCY SWAP LINES
The Fed has standing agreements with five other major foreign central banks - the bank of Canada, European central bank, bank of England, bank of Japan and Swiss National bank - that allows them to provide U.S. dollars to their financial institutions during times of stress. The Fed has increased the frequency of the operations to daily from weekly. It also offered temporary swap lines here to nine additional countries to ease access to dollars, which are in high demand because the liabilities of many foreign governments and companies are denominated in the U.S. currency.
1 of 2
https://www.reuters.com/article/us-health-coronavirus-fed-programs-expla/what-the-federal-reserve-has-done-in-the-coronavirus-crisis-idUSKBN21I1BK
#8635399 at 2020-03-31 15:12:16 (UTC+1)
Q Research General #11057: Comfy with a Side of Mercy Edition
Global Announcements
>>8607610 Q Tripcode map, showing continuity of authorship - Need anons to verify for dough entry
>>8579854, >>8580159 Make it easier on the bakers: how to write high-quality research posts
>>8363658 Iwo Jima flag on YouTube for TOR posting
>Baker PSA: In light of recent flurry of global activity, anons are encouraged to archive offline
Notables
are not endorsements
#11056 New Baker
>>8634708, >>8634713, >>8634779, >>8634784, >>8635205, >>8635244, >>8635339 PF Repots - UK, Latvia, Taylor Swift, SAM Flights
>>8634727, >>8634740 Russian doctor who met Putin last week diagnosed with ChinaVirus
>>8634735 New Sessions twat
>>8634756 Van Gogh painting stolen from Dutch museum
>>8634762 ACLU, Planned Parenthood, file suit against Iowa over halting abortions
>>8634795, >>8634847 IRS orders its buildings be evacuated due to fear of Corona virus.
>>8634817, >>8634977 Keith Harring Diggs continued
>>8634692, >>8634854 China supply-chain cutoff claims surprising victim: Mexican cartels
>>8634890 Dr. Colleen Smith (Elmhurst Dr.) Simulation training speech (vid embed)
>>8634900, >>8634988, >>8635053, >>8635016 DOJ IG audits FBIs woods procedures in FISA cases, finds many problems
>>8634914 Secretary Pompeo holds a press availability@ State Dept. 10:40 AM (ytube)
>>8634926, >>8635003 New Project Veritas Video, talks to Nat. Guard (ytube)
>>8634992 Michele Bachmann tried to warn Minnesotans
>>8635018 Speaker Pelosi will not take coronavirus test
>>8635069, >>8635081, >>8635103 Edgar Bronfman Jr. Digg (NYU Langome Health and ventilators)
>>8635118 Secretary of state of Idaho wants Idahoans to vote early
>>8635074, >>8635088 Anons theory on Gov. Cuomo pierced Nipples
>>8635133, >>8635147, >>8635168 CA Law that allows kids to get transgender therapy w/o parental consent digg
>>8635209 Q Posts - Some interesting upcoming 2yr Delta|2 days ahead.
>>8635229 New Hillary twat
>>8634686, >>8634696, >>8634935, >>8635032, >>8635027, >>8635120 Other News
>>8635359 #11056
#11055 new baker
>>8634535, >>8634572 President Trump's Tweets News and Decodes
>>8634342, >>8634379, >>8634457 Planefag reports
>>8634022 US Military News/Tweets
>>8633895, >>8633916, >>8633947, >>8633950, >>8634345, >>8634400, >>8634406,
>>8634412, >>8634434, >>8634530, >>8634540, >>8634544, >>8634624 Chinese Virus Reports
>>8633981, >>8634019, >>8634080, >>8634093, >>8634158, >>8634228, >>8634275,
>>8634294, >>8634407, >>8634463, >>8634491, >>8634509, >>8634527, >>8634542, >>8634605 Noteable people in the news
>>8633921, >>8634140 Anon O'Pine The leaked Governor call was made possible by a treasonous governor.
>>8633929, >>8633935, >>8633978, >>8633986, >>8633997, >>8634004, >>8634047,
>>8634358, >>8634493, >>8634549, >>8634576 Info about Comfort and Mercy ship deployment and Q drop decodes
>>8633957, >>8634236, >>8634538, >>8634589, >>8634604 Civil law suit against many top tech company's and people
>>8633972 The Cabal, Deep State and QAnon E8 - Beyond Queens and Kings
>>8634011 Exclusive: Japan businessman paid $8.2 million by Tokyo Olympics bid lobbied figure at center of French corruption probe
>>8633989, >>8634103 Q Red Pill Video's
>>8634067, Google appears to be unlocking censorship at this time
>>8634100 World's busiest border falls quiet with millions of Mexicans barred from U.S.
>>8634132, >>8634175, >>8634349, >>8634426 #WorldBackupDay FBI tweets
>>8634130 Spoop? COMEY, J. Brien, age 89 of Allendale, died peacefully on Tuesday, March 24, 2020.
>>8634282, >>8634397, >>8634421 fed Launches Repo Facility To Provide Dollars To Foreign central bank
>>8634337, >>8634368 northam announced a "Stay at Home" order in Virginia until June 10th. But why June 10th? Virginia Primary is June 9th.
>>8634365 Question: When did JA tweet this "key"? When did Q start posting (the map)?
>>8634534 soros and the Coronavirus pandemic
>>8634519 Dr. Colleen Smith, the doctor in the NYT Elmhurst hospital crisis, body bags, freezer trucks piece that Trump referred to teaches online
>>8634561 New Yorkers baffled over 'unsettling' Empire State Building siren display
>>8634643 #11055
#8634665 at 2020-03-31 13:44:56 (UTC+1)
Q Research General #11056: Comfort = Pain Mercy = No Deals Edition
Global Announcements
>>8607610 Q Tripcode map, showing continuity of authorship - Need anons to verify for dough entry
>>8579854, >>8580159 Make it easier on the bakers: how to write high-quality research posts
>>8363658 Iwo Jima flag on YouTube for TOR posting
>Baker PSA: In light of recent flurry of global activity, anons are encouraged to archive offline
Notables
are not endorsements
#11055 new baker
>>8634535, >>8634572 President Trump's Tweets News and Decodes
>>8634342, >>8634379, >>8634457 Planefag reports
>>8634022 US Military News/Tweets
>>8633895, >>8633916, >>8633947, >>8633950, >>8634345, >>8634400, >>8634406,
>>8634412, >>8634434, >>8634530, >>8634540, >>8634544, >>8634624 Chinese Virus Reports
>>8633981, >>8634019, >>8634080, >>8634093, >>8634158, >>8634228, >>8634275,
>>8634294, >>8634407, >>8634463, >>8634491, >>8634509, >>8634527, >>8634542, >>8634605 Noteable people in the news
>>8633921, >>8634140 Anon O'Pine The leaked Governor call was made possible by a treasonous governor.
>>8633929, >>8633935, >>8633978, >>8633986, >>8633997, >>8634004, >>8634047,
>>8634358, >>8634493, >>8634549, >>8634576 Info about Comfort and Mercy ship deployment and Q drop decodes
>>8633957, >>8634236, >>8634538, >>8634589, >>8634604 Civil law suit against many top tech company's and people
>>8633972 The Cabal, Deep State and QAnon E8 - Beyond Queens and Kings
>>8634011 Exclusive: Japan businessman paid $8.2 million by Tokyo Olympics bid lobbied figure at center of French corruption probe
>>8633989, >>8634103 Q Red Pill Video's
>>8634067, Google appears to be unlocking censorship at this time
>>8634100 World's busiest border falls quiet with millions of Mexicans barred from U.S.
>>8634132, >>8634175, >>8634349, >>8634426 #WorldBackupDay FBI tweets
>>8634130 Spoop? COMEY, J. Brien, age 89 of Allendale, died peacefully on Tuesday, March 24, 2020.
>>8634282, >>8634397, >>8634421 fed Launches Repo Facility To Provide Dollars To Foreign central bank
>>8634337, >>8634368 northam announced a "Stay at Home" order in Virginia until June 10th. But why June 10th? Virginia Primary is June 9th.
>>8634365 Question: When did JA tweet this "key"? When did Q start posting (the map)?
>>8634534 soros and the Coronavirus pandemic
>>8634519 Dr. Colleen Smith, the doctor in the NYT Elmhurst hospital crisis, body bags, freezer trucks piece that Trump referred to teaches online
>>8634561 New Yorkers baffled over 'unsettling' Empire State Building siren display
>>8634643 #11055
#11054
Baker Change
>>8633808 New DJT twat w/CAP: "New York Governor Cuomo says President Trump has been "very helpful." @foxandfriends Thank you, everybody is working very hard!
>>8633182, >>8633643 Dan Scavino: Challenging times are ahead for the next 30 days…
>>8633469, >>8633671 Chinese Biological Experiments To Infect Humans With Coronavirus Exposed In 2015
>>8633440 France, Germany & Britain send medical goods to Iran, test new trade mechanism
>>8633384 Buckle up: Rothschild warns of financial hit from coronavirus outbreak
>>8633375 Mark Meadows is resigning from Congress today and will begin as President Trump's new White House chief of staff
>>8633243 Huawei CFO shown in ankle monitor on way to court to fight extradition to US.
>>8633190, >>8633260, >>8633281, >>8633203, >>8633287, >>8633374, >>8633409 COVID update mini-bun
>>8633187 anon: Buckle up and grab some popcorn because this ride hasn't even begun.
>>8633176 Diamond n Silk: It's Almost 4:00am in the morning, east coast time, I can't sleep. Something ain't right!
>>8633175 US renews sanctions on Iran's nuclear program, threatens economic pressure despite calls to lift restrictions amid pandemic
>>8633162 Japanese destroyer is damaged in collision with Chinese fishing vessel in East China Sea
>>8633106 Coronavirus: Trump says US in good shape to meet 'peak'
>>8633841 #11054
#8634643 at 2020-03-31 13:43:02 (UTC+1)
Q Research General #11055: Tuesday Forecast: Shilly With Bands of PAIN Edition
#11055
>>8634535, >>8634572
President Trump's Tweets News and Decodes
>>8634342, >>8634379, >>8634457 Planefag reports
>>8634022 US Military News/Tweets
>>8633895, >>8633916, >>8633947, >>8633950, >>8634345, >>8634400, >>8634406,
>>8634412, >>8634434, >>8634530, >>8634540, >>8634544, >>8634624 Chinese Virus Reports
>>8633981, >>8634019, >>8634080, >>8634093, >>8634158, >>8634228, >>8634275,
>>8634294, >>8634407, >>8634463, >>8634491, >>8634509, >>8634527, >>8634542, >>8634605 Noteable people in the news
>>8633921, >>8634140 Anon O'Pine The leaked Governor call was made possible by a treasonous governor.
>>8633929, >>8633935, >>8633978, >>8633986, >>8633997, >>8634004, >>8634047,
>>8634358, >>8634493, >>8634549, >>8634576 Info about Comfort and Mercy ship deployment and Q drop decodes
>>8633957, >>8634236, >>8634538, >>8634589, >>8634604 Civil law suit against many top tech company's and people
>>8633972 The Cabal, Deep State and QAnon E8 - Beyond Queens and Kings
>>8634011 Exclusive: Japan businessman paid $8.2 million by Tokyo Olympics bid lobbied figure at center of French corruption probe
>>8633989, >>8634103 Q Red Pill Video's
>>8634067, Google appears to be unlocking censorship at this time
>>8634100 World's busiest border falls quiet with millions of Mexicans barred from U.S.
>>8634132, >>8634175, >>8634349, >>8634426 #WorldBackupDay FBI tweets
>>8634130 Spoop? COMEY, J. Brien, age 89 of Allendale, died peacefully on Tuesday, March 24, 2020.
>>8634282, >>8634397, >>8634421 fed Launches Repo Facility To Provide Dollars To Foreign central bank
>>8634337, >>8634368 northam announced a "Stay at Home" order in Virginia until June 10th. But why June 10th? Virginia Primary is June 9th.
>>8634365 Question: When did JA tweet this "key"? When did Q start posting (the map)?
>>8634534 soros and the Coronavirus pandemic
>>8634519 Dr. Colleen Smith, the doctor in the NYT Elmhurst hospital crisis, body bags, freezer trucks piece that Trump referred to teaches online
>>8634561 New Yorkers baffled over 'unsettling' Empire State Building siren display
#8634448 at 2020-03-31 13:17:25 (UTC+1)
Q Research General #11055: Tuesday Forecast: Shilly With Bands of PAIN Edition
#11055
>>8634342, >>8634379 Planefag reports
>>8633895, >>8633916, >>8633947, >>8633950, >>8634345, >>8634400, >>8634406, >>8634412, >>8634434 Chinese Virus Reports
>>8633981, >>8634019, >>8634080, >>8634093, >>8634158, >>8634228, >>8634275, >>8634294, >>8634407 Noteable people in the news
>>8633921, >>8634140 Anon O'Pine The leaked Governor call was made possible by a treasonous governor.
>>8633929, >>8633935, >>8633978, >>8633986, >>8633997, >>8634004, >>8634047, >>8634358 Info about Comfort and Mercy ship deployment and Q drop decodes
>>8633957, >>8634236 Civil law suit against many top tech company's and people
>>8633972 The Cabal, Deep State and QAnon E8 - Beyond Queens and Kings
>>8634011 Exclusive: Japan businessman paid $8.2 million by Tokyo Olympics bid lobbied figure at center of French corruption probe
>>8634022 US Military News/Tweets
>>8633989, >>8634103 Q Red Pill Video's
>>8634067 Google appears to be unlocking censorship at this time
>>8634100 World's busiest border falls quiet with millions of Mexicans barred from U.S.
>>8634132, >>8634175, >>8634349, >>8634426 #WorldBackupDay FBI tweets
>>8634130 Spoop? COMEY, J. Brien, age 89 of Allendale, died peacefully on Tuesday, March 24, 2020.
>>8634282, >>8634397, >>8634421 fed Launches Repo Facility To Provide Dollars To Foreign central bank
>>8634337, >>8634368 northam announced a "Stay at Home" order in Virginia until June 10th. But why June 10th? Virginia Primary is June 9th.
>>8634365 Question: When did JA tweet this "key"? When did Q start posting (the map)?
#8634282 at 2020-03-31 12:58:03 (UTC+1)
Q Research General #11055: Tuesday Forecast: Shilly With Bands of PAIN Edition
Fed Launches Repo Facility To Provide Dollars To Foreign central bank
With US dealers no longer using the Fed's repo facilities (this morning we had another "no bid" overnight repo with just $250MM in MBS submitted for a $500 billion op) as the Fed soaks up all securities via its aggressive QE which is still buying $75BN in paper each day, perhaps Powell felt a bit unloved and at 830am this morning the Fed unveiled yet another "temporary" emergency liquidity providing facility, this time to foreign central banks, in the form of a repo facility targeting "foreign and international monetary authorities", i.e. foreign central banks which will be allowed to exchange Treasuries held in custody at the Fed for US dollars.
In other words, just a week after the Fed "enhanced" its swap lines with central banks and included a bunch of non G-5 central banks to the list of counterparties, it has found that this is not working - perhaps due to the prohibitive rates on the facility - and is now handing out dollars outright against US denominated securities. We wonder if the central bank uptake will be any higher than the repo facility aimed at US dealers and which is now redundant. Of course, when that fails the Fed can just offer to buy all central bank securities in what even reputable FX strategists now joke is a Fed on full tilt, and intent on buying out all foreign central banks.
And so, just as the financial situation was starting to stabilize, the Fed reminds everyone just how broken everything still is.
Federal Reserve announces establishment of a temporary FIMA Repo Facility to help support the smooth functioning of financial markets
The Federal Reserve on Tuesday announced the establishment of a temporary repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility) to help support the smooth functioning of financial markets, including the U.S. Treasury market, and thus maintain the supply of credit to U.S. households and businesses. The FIMA Repo Facility will allow FIMA account holders, which consist of central banks and other international monetary authorities with accounts at the Federal Reserve bank of New York, to enter into repurchase agreements with the Federal Reserve. In these transactions, FIMA account holders temporarily exchange their U.S. Treasury securities held with the Federal Reserve for U.S. dollars, which can then be made available to institutions in their jurisdictions. This facility should help support the smooth functioning of the U.S. Treasury market by providing an alternative temporary source of U.S. dollars other than sales of securities in the open market. It should also serve, along with the U.S. dollar liquidity swap lines the Federal Reserve has established with other central banks, to help ease strains in global U.S. dollar funding markets.
The Federal Reserve provides U.S. dollar-denominated banking services to FIMA account holders in support of Federal Reserve objectives and in recognition of the U.S. dollar's predominant role as an international currency. The FIMA Repo Facility, which adds to the range of services the Federal Reserve provides, will be available beginning April 6 and will continue for at least 6 months.
https://www.zerohedge.com/markets/fed-launches-repo-facility-provide-dollars-foreign-central-bank
US Fed will allow debt to cash swaps for foreign central banks
The Federal Reserve announced a new facility Tuesday that will allow foreign central banks to temporarily swap debt holdings for US dollars.
Amid the cash crunch and increased demand for dollars caused by the uncertainty around the coronavirus pandemic, the Fed's "FIMA repo facility" will allow central banks to exchange US Treasury debt for cash, rather than selling them for bargain prices.
Along with dollar swap lines the Fed already put in place for major central banks, this operation, which begins April 6, will "help support the smooth functioning of financial markets … and thus maintain the supply of credit to US households and businesses," the Fed said in a statement.
https://english.alarabiya.net/en/business/economy/2020/03/31/Coronavirus-US-Fed-will-allow-debt-to-cash-swaps-for-foreign-central-banks
#8634081 at 2020-03-31 12:36:41 (UTC+1)
Q Research General #11055: Tuesday Forecast: Shilly With Bands of PAIN Edition
>>8633933
Break up the central bank's client list of Financially Significant Institutions and you THEN can break up a central bank, because the need eases.
#8632169 at 2020-03-31 05:22:06 (UTC+1)
Q Research General #11052: E-bake
Is Trump Nationalizing the Fed?
Here we go with the same old hypothesis over the Quantity Theory of Money that Trump is (1) nationalizing the Fed and (2) the Fed's actions are worse than the virus, and (3) Forbes proclaims that the Trump & the Fed are destroying the dollar. It is really fascinating how these propositions running around are not only foolish, but the classic myopic view that the world begins at the California shoreline in the Pacific and ends on the beaches of Virginia at the Atlantic. Oh yes, there is Canada to the North and Mexico to the South. But who pays much attention to them anyhow. Canadians just come to America for holidays and Americans go to Mexico for a holiday and to eat Tacos.
he Washington Post showed not only its profound bias against Trump, but also its total ignorance of financial and the Federal Reserve. The reported:
The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be.
If the Washington Post ever bothered to do actual research instead of just promoting their personal political agenda, they might discover that the original design and purpose of the Federal Reserve was to support the economy directly. They were to buy corporate paper to PREVENT companies who could not borrow from laying off their employees. It was Congress that usurped the Fed for World War I and directed them to buy government paper EXCLUSIVELY. Congress nationalized the Fed a long time ago.
The Washington Post's slogan is Democracy Dies in Darkness. So, why are they constantly only pushing their political agenda? Are they not keeping the people in the dark?
They have conveniently forgotten that there was Tarp where the government pour a trillion into banks who never lent out the money because they had no confidence in the future. They then turned and pleaded with the Fed to create the Excess Reserve facility so the TARP only bailed out the banks but not the economy. Already, Excess Reserves are rising again showing that banks are once again NOT lending.
This is the first time the Fed is returning to its original design - direct lending to the economy skipping the banks. The Washington Post is clueless because they look at everything as a way to bash Trump and hurt the country just for their personal political view.
Then we had Forbes Magazine which is trapped by the Quantity Theory of Money and like a fool who keeps sticking their finger in an electric socket and expecting a different result, jeep declaring that increasing the supply of money will destroy the dollar. They even can't figure out why the Euro rallied and of course just blamed Trump. Instead, they talk to biased crypto people who proclaim the Fed balance sheet will rise to $10 trillion and this results in the headline:
Donald Trump And The Fed Are Destroying The U.S. Dollar
The had the audacity to claim the rally in the dollar was ONLY short covering. These people are biased and have no idea of what is happening outside the United States. It very plain, Trump is NOT Nationalizing the Fed. The Fed was a steady process of nationalizing it since World War I. For the FIRST time the Fed is departing from Keynesian Economics because it knows that won't work. Europe needs this crisis because it has no power to deal with the economy when the central bank is trapped in negative interest rates. The ECB is now pushing CoronaBonds, because it cannot continue to support the European member states. Netherlands and Germany are opposed to the idea. The only way to break the backs of Netherlands and Germany is to propel this crisis as the justification to federalize Europe.
The Euro has rallied BECAUSE capital is being taken home to cover losses everywhere. These people are obviously ignorant of what a LIQUIDITY CRISIS is all about. At the WEC in October, we warned we were entering a Liquidity Crisis stemming from the rise in Country Party Risk and this would be a different crisis all together because we faced a Bond Bubble. What is unfolding should be no surprise. The markets have been showing this would be the outcome since the Repo Crisis began September 17th, 2019. They have also no clue what big money does on a quarterly basis. I suppose this gives new meaning to the saying: Ignorance is Bliss!
https://www.armstrongeconomics.com/armstrongeconomics101/economics/is-trump-nationalizing-the-fed/
#8627782 at 2020-03-30 22:20:45 (UTC+1)
Q Research General #11047: Backchannels are important News is Untrustworthy [Controlled] Edition
US central bank: 47 Million Americans May Go Jobless Amid COVID-19 Pandemic
Economists project that the number of layoffs in the US could possibly spike to 47 million as states across the country increase COVID-19 novel coronavirus prevention measures and certain at-risk businesses continue to lay off employees.
Last week, the US Federal Reserve revealed that the worst has yet to come in regard to the declining American economy and the subsequent unemployment rate. According to economists at the Federal Reserve's St. Louis, Missouri, branch, the total employment reductions will hit 47 million by the end of 2020's second quarter, which runs from March 1 to June 30.
This number translates to a 32.1% unemployment rate.
"These are very large numbers by historical standards, but this is a rather unique shock that is unlike any other experienced by the US economy in the last 100 years," economist Miguel Faria-e-Castro wrote in the St. Louis Fed's research paper.
However, Faria-e-Castro highlighted that one could argue that the duration of unemployment, rather than the rate alone, is a more important metric to judge how the country is economically impacted by the pandemic. He also noted that those employed in "sales, production, and food preparation and services" occupations are at the highest risk of being let go.
Just last week, Treasury Secretary Steve Mnuchin spoke with CNBC and claimed that the new reports on the millions of jobless Americans weren't "relevant." Estimates at the time reflected that approximately 3.28 million new unemployment claims had been filed in just the preceding week.
"To be honest, I think these numbers right now aren't relevant whether they're bigger or shorter in the short term," Mnuchin told CNBC's "Squawk on the Street" on March 26.
"So now with these plans, small businesses hopefully will be able to hire back a lot of those people," he added, referring to the then-proposed $2.2 trillion relief bill that was later signed into law by US President Donald Trump on Friday.
A number of city and state governments have been stepping up their prevention measures recently. New York City, a hotspot for the novel coronavirus, has begun implementing fines ranging from $250 to $500 for those who are found congregating in public. New York City Police Department officers will also be patrolling public transit to enforce social distancing.
"I understand people are trying to get somewhere, but no one should be getting on a crowded train," said New York City Mayor Bill de Blasio, as reported by The Gothamist. "But the PD [police department] is going to go out there, if they see any overcrowding, they are literally split it up, pull people off the train, moving along into different cars, whatever it takes."
While discussing unemployment with CNBC, Mnuchin advised Americans to get out and look for new jobs amid the pandemic.
"And, by the way, you know, lots of big companies do continue to hire, for obviously grocery stores, pharmacies, you know, delivery services. These companies are on overtime, so I know they're hiring people as fast as they can," he said, despite the fact that such jobs, and the commutes to the businesses, put one at a higher risk of contracting COVID-19.
https://sputniknews.com/us/202003301078767705-us-central-bank-47-million-americans-may-go-jobless-amid-covid-19-pandemic/
#8625424 at 2020-03-30 18:45:08 (UTC+1)
Q Research General #11044: National Doctors Day Edition
>>8625420
Repost from anon. Clown baker refused to add, despite 3 noms.
>>8623498 lb, Anon on how POTUS has been preparing America for this moment
From what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
? which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes
so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
? breaking the grip of Big Pharma and their monopoly on allopathic modality & medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
? (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
*Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun... or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase.Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster
#8624640 at 2020-03-30 17:23:38 (UTC+1)
Q Research General #11043: USA STRONG Edition
>>8624622
Repost from anon. Clown baker refused to add, despite 3 noms.
>>8623498 lb, Anon on how POTUS has been preparing America for this moment
From what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
? which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes
so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
? breaking the grip of Big Pharma and their monopoly on allopathic modality & medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
? (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
*Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun... or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase.Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster
#8623898 at 2020-03-30 16:08:11 (UTC+1)
Q Research General #11042: The 'CURE' Will Spread WW Edition
UBS defies Swiss dividend freeze call with $2.6 billion payout plan
ZURICH (Reuters) - UBS (UBSG.S) plans to pay a 2019 dividend that is more than half its annual profit, defying calls by the Swiss government and financial markets supervisor for lenders to limit payouts during the chinavirus crisis. banks around the world have been asked to withhold payouts to ensure that they are able to support businesses through the economic disruption caused by the global coronavirus pandemic.
"UBS has a strong capital basis and is strategically well positioned, which is especially crucial in this difficult time," the bank said on Monday, adding that it was "in a position to support the economy while maintaining an appropriate dividend policy."
Shares in UBS, Switzerland's largest bank, whose proposed dividend of $0.73 in cash per share is up nearly 6% over 2018 and foresees a payment of $2.6 billion to shareholders, closed little changed at 9.06 Swiss francs.
UBS posted net profit of $4.3 billion last year and the dividend payout reflects a roughly 8% return on the bank's share price, that has fallen some 30% since February.
The European central bank (ECB) last week told banks in the euro zone to skip dividends and share buybacks until October.
This call has so far been heeded by groups including ABN Amro (ABNd.AS), the bank of Ireland, ING (INGA.AS), Rabobank [RABOVR.UL] and Italy's UniCredit (CRDI.MI) and Germany's Commerzbank (CBKG.DE). UBS was rescued a decade ago by the Swiss federal government with a 6 billion Swiss franc ($6.28 billion) capital injection during the financial industry crisis.
UBS is also appealing an order by a French court to pay 4.5 billion euros ($5 billion) after being found guilty of laundering proceeds of tax evasion in 2019
https://www.reuters.com/article/us-ubs-dividend/ubs-defies-swiss-dividend-freeze-call-with-2-6-billion-payout-plan-idUSKBN21H0GT
#8623874 at 2020-03-30 16:05:32 (UTC+1)
Q Research General #11042: The 'CURE' Will Spread WW Edition
>>8623815
Repost from Anon for NOTABLE.
>>8623498 lb, Anon on how POTUS has been preparing America for this moment
From what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
? which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes
so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
? breaking the grip of Big Pharma and their monopoly on allopathic modality & medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
? (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
*Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun... or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase.Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster
#8623498 at 2020-03-30 15:25:22 (UTC+1)
Q Research General #11041: PAIN Coming to NY. Patriots COMFY Edition
>>8623276
From what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
? which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes
so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
? breaking the grip of Big Pharma and their monopoly on allopathic modality & medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
? (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
*Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun... or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase.Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster
#8623280 at 2020-03-30 15:02:03 (UTC+1)
Q Research General #11041: PAIN Coming to NY. Patriots COMFY Edition
>>8623257
History of Trusts:
The 1st Trust of the World
Unam Sanctam is one of the most frightening documents of history and the one most quoted as the primary document of the popes claiming their global power. It is an express trust deed. The last line reads: "Furthermore, we declare, we proclaim, we define that it is absolutely necessary for salvation that every human creature be subject to the Roman Pontiff." It is not only the first trust deed in history but also the largest trust ever conceived, as it claims the whole planet and everything on it, conveyed in trust.
Triple Crown of Ba'al, aka the Papal Tiara and Triregnum
In 1302 Pope Boniface issued his infamous Papal Bull Unam Sanctam - the first Express Trust. He claimed control over the whole planet which made him "King of the world". In celebration, he commissioned a gold-plated headdress in the shape of a pinecone, with an elaborate crown at its base.
The pinecone is an ancient symbol of fertility and one traditionally associated with Ba'al as well as the Cult of Cybele. It also represents the pineal gland in the centre of our brains -crystalline in nature - which allows us access to Source, hence, the 13-foot tall pinecone in Vatican Square. Think about why the Pontiffs would idolize a pinecone.
The 1st Crown of Crown Land
Pope Boniface VIII was the first leader in history to create the concept of a Trust, but the first Testamentary Trust, through a deed and will creating a Deceased Estate, was created by Pope Nicholas V in 1455, through the Papal Bull Romanus Pontifex. This is only one of three (3) papal bulls to include the line with the incipit "For a perpetual remembrance." This Bull had the effect of conveying the right of use of the land as Real Property, from the Express Trust Unam Sanctam, to the control of the Pontiff and his successors in perpetuity. Hence, all land is claimed as "crown land". This 1st Crown is represented by the 1st Cestui Que Vie Trust, created when a child is born. It deprives us of all beneficial entitlements and rights on the land.
The 2nd Crown of the Commonwealth
The second Crown was created in 1481 with the papal bull Aeterni Regis, meaning "Eternal Crown", by Sixtus IV, being only the 2nd of three papal bulls as deeds of testamentary trusts. This Papal Bull created the "Crown of Aragon", later known as the Crown of Spain, and is the highest sovereign and highest steward of all Roman Slaves subject to the rule of the Roman Pontiff. Spain lost the crown in 1604 when it was granted to King James I of England by Pope Paul V after the successful passage of the "Union of Crowns", or Commonwealth, in 1605 after the false flag operation of the Gunpowder Plot. The Crown was finally lost by England in 1975, when it was returned to Spain and King Carlos I, where it remains to this day. This 2nd Crown is represented by the 2nd cestui Que Vie Trust, created when a child is born and, by the sale of the birth certificate as a Bond to the private central bank of the nation, depriving us of ownership of our flesh and condemning us to perpetual servitude, as a Roman person, or slave.
The 3rd Crown of the Ecclesiastical See
The third Crown was created in 1537 by Paul III, through the papal bull Convocation, also meant to open the Council of Trent. It is the third and final testamentary deed and will of a testamentary trust, set up for the claiming of all "lost souls", lost to the See. The Venetians assisted in the creation of the 1st Cestui Que Vie Act of 1540, to use this papal bull as the basis of Ecclesiastical authority of Henry VIII. This Crown was secretly granted to England in the collection and "reaping" of lost souls.
The Crown was lost in 1816, due to the deliberate bankruptcy of England, and granted to the Temple Bar which became known as the Crown Bar, or simply the Crown. The Bar Associations have since been responsible for administering the "reaping" of the souls of the lost and damned, including the registration and collection of Baptismal certificates representing the souls collected by the Vatican and stored in its vaults.
This 3rd Crown is represented by the 3rd Cestui Que Vie Trust, created when a child is baptized. It is the parents' grant of the Baptismal certificate - title to the soul - to the church or Registrar. Thus, without legal title over one's own soul, we will be denied legal standing and will be treated as things - cargo without souls - upon which the BAR is now legally able to enforce Maritime law.
#8623190 at 2020-03-30 14:52:02 (UTC+1)
Q Research General #11041: PAIN Coming to NY. Patriots COMFY Edition
Corruption in the Time of Coronavirus
March 29, 2020
On March 23, the Fed announced its largest-ever intervention in the financial markets. Bazooka is too timid a word to describe it. More like a neutron bomb. Our central bank, supposed defender of the currency and the stability of markets, can now purchase an unlimited amount of US Treasury and agency mortgage-backed securities (now running at the unheard-of rate of $625 billion per week). That's on top of $1 trillion per week in repurchase operations. As amazing as it sounds, that's not where the real action lies.
As part of Congress's CARES act (ha, nice try!), the Treasury will create (or resuscitate) a series of special-purpose vehicles (SPVs) to buy all manner of financial assets, backed by $425 billion in collateral conveniently supplied by the US taxpayer via the Exchange Stabilization Fund. The Fed will lend to SPVs against this collateral which, when leveraged, could fund $4-5 trillion in asset purchases.
That includes municipal bonds, non-agency mortgages, corporate bonds, commercial paper, and every variety of asset-backed security. The only things the government can't (transparently, yet) buy are publicly-traded stocks and high-yield bonds.
You may ask, is this legal? Not exactly.
The Fed's charter prohibits it from buying securities that lack an explicit government guarantee. Hence the convenience of murky SPVs, to which the Fed is printing lending the majority of the funds. Jim Bianco spells out a slew of new acronyms: CPFF (Commercial Paper Funding Facility); PMCCF (Primary Market Corporate Credit Facility); TALF (Term Asset-Backed Securities Loan Facility); SMCCF (Secondary Market Corporate Credit Facility) and a bone to small business in the form of the MSBLP (Main Street Business Lending Program).
These SPVs involve the Fed in nearly every major US financial market. That's not all: by providing low/no cost financing to large corporations, asset managers, distressed debt vultures ventures, and private equiteers, our Federal Reserve has fast-tracked the hoovering up consolidation of American business into the hands of the few, the wealthy and the powerful.
In case you were wondering who gets to make these all-important "investment" decisions: it's Treasury Secretary Mnuchin, the one who bought troubled mortgage originator IndyMac in a 2008 fire sale, then supervised the illegitimate foreclosure of thousands of California homeowners.
Mnuchin won't have to do all the heavy lifting however, his old friends at Goldman Sachs are happy to help out, just as they did in 2008. And the Fed tapped asset-management giant BlackRock to direct three of its bond-buying programs, which can purchase some of its own funds on behalf of the central bank. No conflict of interest there!
Democrats in Congress made a big show of their supposed oversight of these programs; in reality, there is none. The final draft removed most of the SPV reporting requirements. Even the Sunshine Law that governs the release of Fed minutes has been waived for the duration of these programs.
Secretary Mnuchin is permitted to dispense with the already-feeble limits on CEO compensation (they can get only two times what they earned in 2019!) as well as the suggested restrictions on stock buybacks and dividend payouts by bailed-out companies. Last but not least: these firms are not required to share any upside from the rescue (in the form of an equity stake) with the US government. Heads: company CEOs and investment banks win. Tails: the taxpayer loses…..
https://wolfstreet.com/2020/03/29/corruption-in-the-time-of-coronavirus-fed-treasury-corporate/
#8622527 at 2020-03-30 13:06:37 (UTC+1)
Q Research General #11040: Uptick for the Righteous Edition
China Unexpectedly Cuts Reverse Repo Rate To The Lowest On Record
China's central bank joined the global easing bandwagon early on Monday when it unexpectedly cut the rate on reverse repurchase agreements by 20 basis points, the largest in nearly five years, as authorities stepped up measures to relieve pressure on an economy ravaged by coronavirus pandemic.
Without giving a reason for the move, the People's bank of China said on its website that it was lowering the 7-day reverse repo rate to 2.20% from 2.40%, the lowest on record. This was the first rate cut since a 10bps cut in December 2019, and the third cut in the 7-day rate since November. Also on Monday, the PBOC injected 50 billion yuan ($7 billion) into money markets through seven-day reverse repos, breaking a hiatus of 29 trading days with no fresh fund injections via the liquidity tool.
At Friday's meeting, the Communist Party's Politburo said the government will step up policy measures and tighten enforcement in a bid to achieve full-year economic and social development targets. The government pledged to appropriately increase budget deficit ratio, guide market interest rates lower, and keep liquidity level reasonably ample.
Speaking to the media after the rate cut announcement, central bank adviser Ma Jun said China still has ample room for monetary policy adjustment and the rate decision took into consideration the return of Chinese companies to work, the global virus situation and a deterioration in the external economic environment. The rate cut took place one day after we reported that "China's Consumer Default Tsunami Has Started."
In a note to clients, Capital Economics said "a lot more easing will be needed, especially on the fiscal front, to help the economy return to its pre-virus trend."
While the Politburo statement and the PBOC move signal the response is moving up a gear, it still falls short of a no-holds-barred stimulus.
Chinese 10-year government bond futures initially responded positively to the cut, with the most-traded contract for June delivery rising as much as 0.23%, before pulling back to last trade down 0.07%; at the same time China's money market rates ticked up on tighter quarter-end liquidity despite the PBOC injection. The overnight repo rate climbed 25 basis points to 1.36% while the 7-day rate climbed 43 basis points to 2.10%. As Reuters notes, analysts expect China's economy to contract sharply in the first quarter due to widespread disruptions to business and consumer activity caused by the virus as authorities put in place tough public measures to contain the pandemic. Nomura has lowered its annual GDP growth forecast to 1.0% this year, and adjusted quarterly GDP forecasts to a 9.0% annual contraction.
https://www.zerohedge.com/markets/china-unexpectedly-cuts-reverse-repo-rate-lowest-record
#8622188 at 2020-03-30 12:17:36 (UTC+1)
Q Research General: #11039 WHITE Flour Power - Secrets of the 8Kun bread of choice revealed Edition
>>8622161
Crypto is going to be around even after these assholes are taken out.
Anons I really think people should keep an open mind to a gold backed central bank with maybe something like xrp as a banking currency and for international payments. I absolutely understand many anons apprehension… but just keep an open mind. I for one have a modest investment into xrp because i see how it can be beneficial to bank to bank transactions. I think people get the wrong idea.
#8619945 at 2020-03-30 04:32:25 (UTC+1)
Q Research General #11037: Curt Schilling Haz Learned to Play The Game Edition
Minister of one of Germany's wealthiest states commits suicide 'over coronavirus worries'
The finance minister in the German state of Hesse, Thomas Schaefer, has taken his own life. His colleagues said he was pushed over the edge by the inability to cope with the harsh economic fallout from the Covid-19 pandemic.
Schaefer's body was discovered near the speed railway track line in the town of Hochheim am Main on Saturday. The prosecutors said that the cause of his death was most likely suicide.
"We are in shock; we are in disbelief and above all we are immensely sad," Volker Bouffier, the head of the Hesse regional government, said of the passing of his close associate and fellow member of Angela Mekrel's CDU party.
Hesse is one of the wealthiest states in Germany and home to Frankfurt am Main, which is regarded as the financial capital of Europe's largest economy. The city hosts the Frankfurt Stock Exchange and the European central bank (ECB) as well as the HQs of Deutsche bank and other major German companies.
Schaefer was credited for having contributed to the region's well-being while serving as its finance minister for the last decade. The 54-year-old's professional qualities were praised by many, with the man expected to eventually replace Bouffier as the state's PM.
The coronavirus, however, delt a massive blow to the system he was so thoroughly tending all those years, sending stocks into a freefall and locking the workforce at home with quarantine.
Bouffier recalled that Schaefer, who leaves behind a wife and two children, was working "day and night" in order to minimize the impact of the pandemic on businesses and employees, but the task turned out to be unsurmountable. "We have to assume that he was deeply worried," the PM said.
Germany has so far registered 62,095 coronavirus cases, with 541 patients succumbing to the disease. More than 721,000 people have been infected worldwide, with over 33,900 fatalities.
https://www.rt.com/news/484437-germany-hesse-minister-suicide-coronavirus/
#8619406 at 2020-03-30 03:26:49 (UTC+1)
Q Research General #11036: March Madness and April Fools Edition
How BlackRock Makes Money
BlackRock is one of the world's largest investment management companies by AUM.
The company operates as a single business segment. This firm derives most of its revenue from investment advisory and administration fees. In the past year, BlackRock has dealt with repercussions from two public firings of executives who had romantic relationships.
Besides modest overall YOY gains in revenue, operating income, and net income, BlackRock also saw an operating margin of 38.2% in 2019, as compared with 38.4% in 2018. Perhaps most notably, end-of-year assets under management climbed by an impressive 24.3% YOY as of the end of 2019.
BlackRock's Business Segments
As indicated above, BlackRock operates as a single business segment and does not report on income for individual parts of its business. However, it does divide its revenue according to categories for "Investment advisory, administration fees, and securities lending revenue," for "Investment advisory performance fees," for "Technology services revenue," for "Distribution fees," and for "Advisory and other revenue."
moar here
https://www.investopedia.com/articles/markets/012616/how-blackrock-makes-money.asp
The Exchange Stabilization Fund (ESF)
consists of three types of assets: U.S. dollars, foreign currencies, and Special Drawing Rights (SDRs), which is an international reserve asset created by the International Monetary Fund.
The ESF can be used to purchase or sell foreign currencies, to hold U.S. foreign exchange and Special Drawing Rights (SDR) assets, and to provide financing to foreign governments. All operations of the ESF require the explicit authorization of the Secretary of the Treasury ("the Secretary").
The Secretary is responsible for the formulation and implementation of U.S. international monetary and financial policy, including exchange market intervention policy. The ESF helps the Secretary to carry out these responsibilities. By law, the Secretary has considerable discretion in the use of ESF resources.
The legal basis of the ESF is the Gold Reserve Act of 1934. As amended in the late 1970s, the Act provides in part that "the Department of the Treasury has a stabilization fund ...Consistent with the obligations of the Government in the International Monetary Fund (IMF) on orderly exchange arrangements and an orderly system of exchange rates, the Secretary ..., with the approval of the President, may deal in gold, foreign exchange, and other instruments of credit and securities.
https://home.treasury.gov/policy-issues/international/exchange-stabilization-fund
The Federal Reserve and the ESF
https://www.newyorkfed.org/aboutthefed/fedpoint/fed14.html
The Federal Reserve is doing a currency swap with bank of Korea right about now.
bank of Korea to offer $12 bln in dollar lending from Fed currency swap
https://www.reuters.com/article/health-coronavirus-southkorea-cenbank/bank-of-korea-to-offer-12-bln-in-dollar-lending-from-fed-currency-swap-idUSS6N2BF001
central bank liquidity swaps
https://www.federalreserve.gov/monetarypolicy/bst_liquidityswaps.htm
So it's easy to see, if you read how this game is going to be played with Blackrock. Larry Fink and his handlers load up the Federal Reserve/Treasury with all the shitty debt that they own and put the Treasury on the hook for the liability. The Federal Reserve, by hiring Blackrock, is being used as a proxy to load this up in both places. The Exchange Stabilization Fund (ESF) is funded by Special Drawing Rights (SDR) that are issued by muh IMF (posted that on friday morning but go ahead and think fake judge Anna Von Reitz figured all this out first..she didn't).
#8618782 at 2020-03-30 02:23:02 (UTC+1)
Q Research General #11035: Close Encounters of the Turd Kind Edition
Singapore central bank eases policy as chinavirus recession looms
Singapore's central bank on Monday eased its monetary policy in response to the new coronavirus pandemic, following regional peers that have rushed to cut rates and cushion the severe blow to their economies.
The city-state's monetary policy is based on exchange rates, whereby the Singapore dollar is managed against a basket of major trade partners' currencies. This time, the central bank reduced its target appreciation rate to 0%, while re-centering the exchange rate band downward based on the prevailing rates.
The move comes after Singapore announced a $33 billion stimulus package last Thursday. As a small and open city-state, it is considered one of the most vulnerable economies amid the pandemic, which has triggered travel bans and lockdowns across the globe. Last week, Singapore downgraded its growth projection for this year to a range of -4% to -1%, from the previous -0.5% to 1.5%.
One of the key factors behind its policy adjustment is deflationary pressure sweeping through the region.
In February, Singapore's headline consumer price index grew 0.3% on the year, down from 0.8% in January due to plunging airfares and leisure costs. The benchmark core inflation rate – which excludes homes and cars – shrank 0.1%, the first decline in a decade.
The central bank in its policy statement pointed out that "disinflationary pressures are expected to broaden, even as the prices of some imported items are likely to increase as a result of the disruptions in production and transport." As Singapore relies heavily on imported consumer goods, a weaker home currency could spur domestic inflation, but the authority projects this year's inflation rates will fall to a range of -1% to 0%.
Meanwhile, the unemployment rate is expected to rise and wage growth is likely to fade. Non-labor costs, such as retail rents, should stay subdued, the central bank added. "Softer labor market conditions and weak consumer sentiment will keep cost pressures in check and cap their pass-through to consumer prices."
Elsewhere in Asia, the latest CPIs point to waning inflation or even deflation as the pandemic rages on and oil prices remain low. The risk is that deflation could send the region's economies into a negative spiral – with lower corporate earnings smothering wage growth, ultimately hurting consumer sentiment.
https://asia.nikkei.com/Economy/Singapore-central-bank-eases-policy-as-coronavirus-recession-looms
#8618769 at 2020-03-30 02:21:42 (UTC+1)
Q Research General #11035: Close Encounters of the Turd Kind Edition
Minister of one of Germany's wealthiest states commits suicide 'over coronavirus worries'
The finance minister in the German state of Hesse, Thomas Schaefer, has taken his own life. His colleagues said he was pushed over the edge by the inability to cope with the harsh economic fallout from the Covid-19 pandemic.
Schaefer's body was discovered near the speed railway track line in the town of Hochheim am Main on Saturday. The prosecutors said that the cause of his death was most likely suicide.
"We are in shock; we are in disbelief and above all we are immensely sad," Volker Bouffier, the head of the Hesse regional government, said of the passing of his close associate and fellow member of Angela Mekrel's CDU party.
Hesse is one of the wealthiest states in Germany and home to Frankfurt am Main, which is regarded as the financial capital of Europe's largest economy. The city hosts the Frankfurt Stock Exchange and the European central bank (ECB) as well as the HQs of Deutsche bank and other major German companies.
Schaefer was credited for having contributed to the region's well-being while serving as its finance minister for the last decade. The 54-year-old's professional qualities were praised by many, with the man expected to eventually replace Bouffier as the state's PM.
The coronavirus, however, delt a massive blow to the system he was so thoroughly tending all those years, sending stocks into a freefall and locking the workforce at home with quarantine.
Bouffier recalled that Schaefer, who leaves behind a wife and two children, was working "day and night" in order to minimize the impact of the pandemic on businesses and employees, but the task turned out to be unsurmountable. "We have to assume that he was deeply worried," the PM said.
Germany has so far registered 62,095 coronavirus cases, with 541 patients succumbing to the disease. More than 721,000 people have been infected worldwide, with over 33,900 fatalities.
https://www.rt.com/news/484437-germany-hesse-minister-suicide-coronavirus/
#8618135 at 2020-03-30 01:24:04 (UTC+1)
Q Research General #11034: Ride It Like a Cowboy! Edition
>>8617771
Take a deep breath and think this through. If you are married, you're getting $2400/mo, doesn't cover it all but bear with me… read it through and really consider it.
From what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
? which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes
so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
? breaking the grip of Big Pharma and their monopoly on allopathic modality & medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
? (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
*Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun... or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase.Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster
#8617034 at 2020-03-29 23:42:31 (UTC+1)
Q Research General #11033: The CHINA virus Edition
>>8616915
This is why I am hopeful. The central bank/ cabal big they they are extracting has to be 25-35% of the economy. Eliminating the drag that causes will boost the recovery.
#8616915 at 2020-03-29 23:31:00 (UTC+1)
Q Research General #11033: The CHINA virus Edition
>>8616828
>What if the trail led back to the central bank and we seized their operation?
If that were true it would sound like we found a nice little stimulus package for the people forced out of work.
#8616828 at 2020-03-29 23:23:03 (UTC+1)
Q Research General #11033: The CHINA virus Edition
Per EO, the US Treasury claims all the seized assets of traffickers. What if the trail led back to the central bank and we seized their operation?
#8615460 at 2020-03-29 21:36:54 (UTC+1)
Q Research General #11031: When You Are Awake, You Are Able to Clearly See Edition
tradefags speculate he was one of the good guys. suicide questionable.
German Minister Thomas Schaefer commits suicide after 'virus crisis worries'
Thomas Schaefer committed suicide apparently after becoming deeply worried over how to cope with the economic fallout from the coronavirus….
Hesse is home to Germany's financial capital Frankfurt, where major lenders like Deutsche bank and Commerzbank have their headquarters. The European central bank is also located in Frankfurt.
https://www.newindianexpress.com/world/2020/mar/29/german-minister-thomas-schaefer-commits-suicide-after-virus-crisis-worries-2123100.html
#8613784 at 2020-03-29 18:56:23 (UTC+1)
Q Research General #11029: Celebrate National Vietnam War Veterans Day Edition
The Federal Reserve is printing $1 million every second
The United States Federal Reserve's balance sheet has increased by $586 billion-to $5.25 trillion-in the week of March 18-25, according to an official report. This means that on average, the Fed has been printing roughly $970,000 every second during that time period in its efforts to keep the market alive amid the coronavirus outbreak.
In fact, the Fed has been printing the equivalent of Bitcoin's market cap every 35 hours.
According to Bloomberg, this is the first time ever when the Fed's balance sheet topped $5 trillion. Investor panic over the global spread of COVID-19 has prompted the central bank to launch several liquidity initiatives such as bond-buying programs. The scale of its current efforts is reportedly much larger than the similar initiatives the Fed undertook during the last financial crisis.
https://governmentslaves.news/2020/03/29/the-federal-reserve-is-printing-1-million-every-second/
#8612013 at 2020-03-29 15:51:51 (UTC+1)
Q Research General #11026: God is Good Edition
Closer Everyday
House Stimulus Bills Want to Create "Digital Dollar" to Alleviate Wuhan Virus Recession
CoinDesk recently reported on stimulus legislation meant to strengthen the U.S. economy during the Wuhan virus pandemic.
Included in this bill is a recommendation to establish a digital dollar.
This digital greenback would allegedly help individuals and families survive the shutdown of businesses and the number of "shelter-in-place" orders that are now causing soaring unemployment claims and are raising speculation about a potential recession.
Under several bills shared last week, entitled the "Take Responsibility for Workers and Families Act" and the "Financial Protections and Assistance for America's Consumers, States, Businesses, and Vulnerable Populations Act," the Federal Reserve - America's central bank - could use a "digital dollar" and digital wallets to transfer payments to "qualified individuals," made up of $1,000 for minors and $2,000 to adults.
https://libertyconservativenews.com/house-stimulus-bills-want-to-create-digital-dollar-to-alleviate-wuhan-virus-recession/
#8607828 at 2020-03-29 04:36:13 (UTC+1)
Q Research General #11021 Wood Through Concrete Tornado Edition
bank of Korea to Offer $12 Billion to banks Using FX Swap Line with Fed
The bank of Korea will provide $12 billion to banks in its first round of dollar injections using a currency swap line with the Federal Reserve. The auction will be held on Tuesday at 10 a.m. Seoul time, and banks may apply for 7-days debt of up to $300 million, and 84-days debt of up to $1.5 billion, the central bank said in a statement. The minimum bidding rate will be decided on Monday.
The supply of funds is expected to help stabilize markets, and the central bank will hold more auctions considering the demand for dollars in the market, according to the statement. The $12 billion supplement is expected to be enough to meet market demands for now, the central bank said.
The BOK on March 19 agreed on a $60 billion swap line with the Fed as the spread of the chinavirus and a plunge in oil prices led to a rush for haven and dollars, resulting in a shortage of the greenback and a plunge in the local currency. The central bank last week said it will supply dollars to markets in doses using the swap line with the Fed, with the first round of the injection being substantially larger then the rest.
https://www.bloomberg.com//news/articles/2020-03-29/bok-to-offer-12-billion-to-banks-using-fx-swap-line-with-fed
This is how THEY define it. The system still needs dollars so they are taking on Won for $'s.
They may even be using the Exchange Stabilization Fund (ESF)-via the SPV to do this as that was originally established as a currency management system
central bank liquidity swaps
The Federal Reserve operates these swap lines under the authority of section 14 of the Federal Reserve Act and in compliance with authorizations, policies, and procedures established by the Federal Open Market Committee (FOMC).
Separately, since 1994, the Federal Reserve has had bilateral currency swap agreements with the bank of Canada and bank of Mexico, established under the North American Framework Agreement (NAFA).
Dollar Liquidity Swap Lines
In response to mounting pressures in bank funding markets, the FOMC announced in December 2007 that it had authorized dollar liquidity swap lines with the European central bank and the Swiss National bank to provide liquidity in U.S. dollars to overseas markets, and subsequently authorized dollar liquidity swap lines with each of the following central banks: the Reserve bank of Australia, the Banco central do Brasil, the bank of Canada, Danmarks Nationalbank, the bank of England, the European central bank, the bank of Japan, the bank of Korea, the Banco de Mexico, the Reserve bank of New Zealand, Norges bank, the Monetary Authority of Singapore, Sveriges Riksbank, and the Swiss National bank. Those arrangements terminated on February 1, 2010.
In general, these swaps involve two transactions. When a foreign central bank draws on its swap line with the Federal Reserve, the foreign central bank sells a specified amount of its currency to the Federal Reserve in exchange for dollars at the prevailing market exchange rate.
https://www.federalreserve.gov/monetarypolicy/bst_liquidityswaps.htm
#8599844 at 2020-03-28 17:38:38 (UTC+1)
Q Research General #11011: Hawt Binary Palindrome Bread For the AnonMasses Edition
FAKE FEDERAL RESERVE bank - the third failed central bank in American history. Night night, bitches.
G. Edward Griffin has layed out this criminal fuckery for years. Meticulously researched, written and footnoted.
Read it and share the story with the zombies so they don't go suicidal.
And fuck off assfaggot shill.
#8599841 at 2020-03-28 17:38:05 (UTC+1)
Q Research General #11011: Hawt Binary Palindrome Bread For the AnonMasses Edition
>>8599673
Treasury takes fed - checkmate
https://www.youtube.com/watch?v=FTZcXTJ35oI&t=304s
6:37
Nationalizing large swaths of the financial markets
the fed provides the money
blackrock does the trades
fed merges with the treasury
Trump is taking over the central bank
fed merges with treasury
#8598493 at 2020-03-28 14:57:49 (UTC+1)
Q Research General #11009: Peter Nygard The Canadian Epstein Edition
COVID-19 - The European Union Unravels
https://www.gatestoneinstitute.org/15803/coronavirus-european-union-unravels
As the coronavirus pandemic rages through Europe - where more than 250,000 people have now been diagnosed with Coronavirus Disease 2019 (COVID-19) and 15,000 have died - the foundational pillars of the European Union are crumbling one by one.
Ever since the threat posed by coronavirus came into focus, Europeans have displayed precious little of the high-minded multilateral solidarity that for decades has been sold to the rest of the world as a bedrock of European unity. The EU's unique brand of soft power, said to be a model for a post-national world order, has been shown to be an empty fiction.
In recent weeks, EU member states have closed their borders, banned exports of critical supplies and withheld humanitarian aid. The European central bank, the guarantor of the European single currency, has treated with unparalleled disdain the eurozone's third-largest economy, Italy, in its singular hour of need. The member states worst affected by the pandemic - Italy and Spain - have been left by the other member states to fend for themselves.
The seeds of the European Union were planted in the ashes of the Second World War. In May 1949, Robert Schuman, one of the EU's founding fathers, boldly announced the creation of new world system:
"We are carrying out a great experiment, the fulfillment of the same recurrent dream that for ten centuries has revisited the peoples of Europe: creating between them an organization putting an end to war and guaranteeing an eternal peace."
The European Union, seven decades in the making, is now unravelling in real time - in weeks. After the dust of the coronavirus pandemic settles, the EU's institutions will almost certainly continue to operate as before. Too much political and economic capital has been invested in the European project for European elites to do otherwise. However, the EU's attraction as a post-national model for its own citizens, much less for the rest of the world, will have passed.
moar at link
#8597147 at 2020-03-28 11:16:28 (UTC+1)
Q Research General #11007: Graveyard Follies Edition
>>8597119
Not an econ anon but…
King dollar makes us the cleanest dirty shirt. We could probably use some inflation to help with trade. Look at how Japan's central bank owns almost 50 percent of their debt and has annual inflation of .02%. I wouldn't be that concerned.
#8597127 at 2020-03-28 11:09:33 (UTC+1)
Q Research General #11007: Graveyard Follies Edition
bank for International Settlements
Owner : bank of England central bank of the UK
https://littlesis.org/org/37655-bank_for_International_Settlements?relationships=staff
John Foster Dulles
https://littlesis.org/relationships/1284946
#8593777 at 2020-03-28 02:46:12 (UTC+1)
Q Research General #11003: 2 + 2 = 6 Edition
>>8593572
Closer everyday..
Fed Digital Dollars Are Part of Debate Over Coronavirus Stimulus
Legislation includes tool some believe could reshape how monetary policy is conducted
While it may not make it to the finished coronavirus economic stimulus and support package now being weighed in Congress, there is a push from some legislators to give the Federal Reserve a new tool some believe could radically reshape how it conducts monetary policy.
Analysis: Are the 'digital dollars' in the $2 trillion stimulus plan the first step toward an American CBDC?
U.S. and China are in a race to be first to have a central bank digital currency. Covid-19's devastating economic impact may be hastening the creation of a U.S. one.
Buried in the 1,000 page stimulus bill before the U.S. Congress is a provision to create a "digital dollar'" as a means to distribute government aid to people and businesses battered by the coronavirus.
The situation is fluid, and specifics about the bill are changing as multiple members of Congress present revised versions for review. However, as of March 25, provisions about a "digital dollar" as a potential vehicle of distribution are still in proposed legislation. Right now, the Senate is reviewing a separate bill that would create digital wallets that would support the use of digital dollars.
According to proposed legislation, a digital dollar is defined as "a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve bank; or an electronic unit of value, redeemable by an eligible financial institution."
Rolling out the waves of the proposed $2 trillion stimulus - which would give up to $1,200 in direct payments to each adult and $500 per child - via a central bank digital currency (CBDC) would be much more efficient and faster than printing hundreds of millions of checks and having the postal service deliver them (not to mention much less risky during a pandemic). There's also an issue of money supply and inflation, and digital currency could be a good counter against that, which is something Rabobank's Michael Every brought up in an earlier interview with Forkast.News.
https://www.wsj.com/articles/fed-digital-dollars-are-part-of-debate-over-coronavirus-stimulus-11585085518
https://forkast.news/cbdc-digital-dollar-currency-america-coronavirus-stimulus/
#8593572 at 2020-03-28 02:30:02 (UTC+1)
Q Research General #11003: 2 + 2 = 6 Edition
All of the END OF FED Hysteria looks to me like it's misplaced as this is NOT what seems to be happening.
Take Note of the Bolded part in the middle of following Article (included for context).
This slight of hand does NOT get rid of the Fed; it puts the Treasury on the hook for first losses, which means that the Treasury will take the hit INSTEAD of the Federal Reserve. The Federal Reserve is still the bank loaning the money, but puts the Treasury in the position of loosing the money instead of the FED.
It looks to me like if the Treasury did not have the money to pay bank the FED (the loaning bank), THEN the FED will foreclose on the Treasury (which is our Government) and our Country.
The way things sit right now, the FED has been printing money out of thin air, and THEY are on the hook, if anybody is.
By the FED giving the printing press to the Treasury, the Treasury becomes the one printing the money and holding liability for it.
The Fed isn't ceasing to exist, it is simply avoiding the first loss position by giving it to the Treasury! WTF?
The Treasury is going to print the money, and yet the money printed plus any interest accrued will still be due to the FED (loaning bank). WTF?
The other issue that should quell the over exuberance about all this, is the involvement of BlackRock Inc. being in the middle of the Fed and the Treasury.
Any anons here from the beginning, know that BlackRock Inc. was dug and found to be a cabal run investment firm. How can this possibly be a good thing?
I'm skeptical and not wanting to be. Someone please give me a reason to change my mind.
I simply can not see what is creating all the optimistic hysteria about these recent developments.
.
article follows ============================================================================================:
.
The Fed's Cure Risks Being Worse Than the Disease
An alphabet soup of new asset-buying programs will essentially nationalize large swaths of the financial markets, and the consequences could be profound.
By Jim Bianco March 27, 2020, 7:00 AM EDT
The Fed took unprecedented action to meet an unprecedented crisis. Is it dangerous?
.
.
.
But it's the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets. Specifically, these are:
CPFF (Commercial Paper Funding Facility) - buying commercial paper from the issuer.
PMCCF (Primary Market Corporate Credit Facility) - buying corporate bonds from the issuer.
TALF (Term Asset-Backed Securities Loan Facility) - funding backstop for asset-backed securities.
SMCCF (Secondary Market Corporate Credit Facility) - buying corporate bonds and bond ETFs in the secondary market.
MSBLP (Main Street Business Lending Program) - Details are to come, but it will lend to eligible small and medium-size businesses, complementing efforts by the Small Business Association.
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. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.
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.
'''In other words, the federal government is nationalizing large swaths of the financial markets.
The Fed is providing the money to do it. BlackRock will be doing the trades.'''
.
.
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 to instruct the Fed to print more money so it could buy securities and hand out loans in an effort to ramp financial markets higher going into the election. Why stop there? Should Trump win re-election, he could try to use these SPVs to get those 10,000 Dow Jones points he feels the Fed has denied everyone.
#8593476 at 2020-03-28 02:18:27 (UTC+1)
Q Research General #11002: Air Force - Ready #AF Edition
>>8593469
Part 2
Headline: May 2, 2017: What's up with Donald Trump and Andrew Jackson?
"If it were possible to have a bromance across the centuries, Presidents Andrew Jackson and Donald Trump would almost certainly qualify.
Repeatedly over the past year, Trump has invoked and praised his predecessor in the White House, who served from 1829 to 1837. In addition to various mentions in remarks and on Twitter, Trump placed a portrait of Jackson in the Oval Office and made a pilgrimage to the late president's tomb in Nashville less than two months after being sworn in.
'Trump is the first president to so openly admire and point to Jackson as a model, and to borrow so clearly and explicitly from the language of Jacksonian 'democracy,' ' said J.M. Opal, a historian at McGill University."
What both Jacksonian historians as well Trump's hateful critics in the press– most of whom also being haters of the "racist" Jackson as well - never could quite figure out was the reason why Trump would attach himself to such a "controversial" president. Even most of Trump's supporters – ignorant of the history of the Jackson-Biddle "bank War – could offer no explanation.
But as regular readers of The Real History Channel (fka TomatoBubble) all know – this longtime student of the central bank Mafia and author of "Andrew the Great" here had a theory which is now, as far as I'm concerned, a fact. Trump is out to do the very thing which Jackson once told Martin van Buren – his friend, Vice President and successor – that he wanted to always be remembered for after his death: "I killed the bank."
Stay tuned. This is getting good.
P.S. That stuff about Jackson being a horrible racist and a butcher of Indians is all bullshit. Read "Andrew the Great" and learn the truth about America's greatest President.
#8593469 at 2020-03-28 02:17:24 (UTC+1)
Q Research General #11002: Air Force - Ready #AF Edition
>>8593212
Sauce: https://www.realhistorychannel.org/donald-andrew-jackson-trump
Q-Anon's recent post of March 27th is a doozy! It simply states, as he has done so many times before: "This is not another 4-year election" – meaning that the Trump presidency was intended to fundamentally alter the course of history well into the future. The post is followed by a link to someone's "tweet" which reads: "RIP Federal Reserve!!! This is Huge!!!! "This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump." (https://twitter.com/Ir0nbelly/status/1243635945045479426)
And that tweet ultimately links us to an article from the extremely anti-Trump Bloomberg News of Little Mike Bloomberg. Chew on this, boys and girls, straight from the worried enemy's own mouth:
*Excerpt**
"In just these past few weeks, the Fed has cut rates by 150 basis points to near zero … . That wasn't enough to calm markets, though - so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward.
But it's the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed ….
What does this mean? In essence, the Treasury, not the Fed, is buying all these securities and backstopping of loans… The Fed hired BlackRock Inc. to purchase these securities and handle the administration of the SPVs on behalf of the owner, the Treasury.
In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
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 ... to instruct the Fed to print more money so it could buy securities and hand out loans in an effort to ramp financial markets higher going into the election. Why stop there? Should Trump win re-election, he could try to use these SPVs to get those 10,000 Dow Jones points he feels the Fed has denied everyone." (full article here)
**End of Excerpt***
In other words, instead of using Rothschild's funny-money-machine, Trump's Treasury is issuing debt-free currency to rebuild America - the type of forbidden action that almost got Andrew Jackson killed, and (among other "offenses") got Abe Lincoln, Adolf "The Great One" Hitler and John F. Kennedy killed. The difference this time around, is that (((they))) don't seem to be able to take out the militarily-protected Trump, neither politically nor physically.
Trump's fascination with Andrew Jackson - the dauntless slayer of the Second central bank of the United States - all makes sense now. There was the solemn pilgrimage he made to Jackson's tomb in Tennessee not long after having been sworn-in. There was the "controversial" painting of Jackson which Trump chose to adorn the wall of the Oval Office with. There was the "controversial" reversal of Obongo's decision - set to take effect in 2020 – to remove Jackson from the commonly used $20 bill and replace him with Aunt Jemima, er, Harriet Tubman. There were also tweets and remarks praising Jackson, like this one:
"President Andrew Jackson, who died 16 years before the Civil War started, saw it coming and was angry. Would never have let it happen!"
After just four months in office, PolitiFact even noted Trump's seemingly inexplicable "bromance" with Jackson:
Cont'd
#8593354 at 2020-03-28 02:07:57 (UTC+1)
Q Research General #11002: Air Force - Ready #AF Edition
>>8592964
Now that we know all this it might be worthwhile to reread what Putin said at the G20 Summit.
http://en.kremlin.ru/events/president/news/63070
President of Russia Vladimir Putin: Your Majesty, colleagues,
It appears to me that the current problems caused by the new coronavirus pandemic will result in far greater shocks than the financial crisis of 2008-2009, and the trade conflicts and sanctions are worsening the recession.
From our point of view, the key risk lies in long-term unemployment which, regardless of the future scenario, will peak much higher than in 2009. Unemployment dynamics will also serve as a key efficiency indicator for our anti-crisis measures.
The current crisis will inevitably take its toll on global development, and for the long term. Therefore, certainly, we cannot afford to act with an every-man-for-himself approach, our colleagues have said a lot about it already. I absolutely agree with that.
I will start with the top-priority tasks in healthcare.
First. As has been said, of course it is necessary to continue a regular exchange of credible information about the pandemic's progress in our countries and about the actions being taken. It was also brought up that it is necessary to provide aid to the African countries. I believe that overall today, the World Health Organisation should channel its efforts to detecting hidden coronavirus epidemics in the countries that are not able to organise testing. Also, joint research by our countries could significantly expedite the development of vaccines and medications.
Now, a few words about the economy. The Russian Government is allocating 1.2 percent of Russia's GDP to fight this crisis. Russia's central bank is providing approximately the same amount of support. But all of us, the Group of 20, need a common action plan to stabilise the situation, support our economies and restore trust across global markets.
Of course, national budgets should play a key role in increasing global demand. However, due to the high volatility of global markets that we see every day, borrowing options are limited for many countries - and we must also take this into account.
The situation is getting complicated. In this respect, it is very important, it is extremely important now to ensure access to financing for countries that are suffering from resource shortages, I mean especially countries that have been affected by the crisis and pandemic. In this regard, we could consider creating a special fund under the auspices of the IMF, financed primarily by the central banks that issue currencies included in the IMF basket, and then granting the right to any IMF member to borrow money from this fund in proportion to his share in the world economy at a zero rate for the long term.
A lot has also been said about the need to ensure supply chains. This is certainly important. But it is equally important to create so-called green corridors for the duration of the crisis, free from trade wars and sanctions, for the mutual supply of medicines, food, equipment and technology.
Ideally, we should impose a moratorium, a joint moratorium on restrictions on essentials, as well as on financial transactions for their procurement. And first of all, I am talking about countries that are suffering the most from this pandemic. In the end, this is a question of life and death of people, it is a purely humanitarian issue. We need to cleanse these issues from all kinds of political husk.
When keeping the G20's traditional cooperation between the ministries of finance, the central banks and Sherpas, we could strengthen our cooperation at the economic adviser level during this crisis. They have direct access to state leaders and can make decisions urgently, informally and quickly.
And in conclusion, I would like to say a few words about global international organisations. Obviously, they lack mechanisms for automatic stabilisation in the event of a crisis. And so, it is necessary to efficiently and as quickly as possible, work through and resolve all the issues related to their reorganisation.
Thank you for your attention.
#8590857 at 2020-03-27 22:50:02 (UTC+1)
Q Research General #10999: Meet Your New Fed Chair, Donald J Trump Edition
Fed Set to Dial Back Pace of QE Treasury Buying Next Thursday
Says it will trim Treasury purchases to $60 billion April 2-3. The Federal Reserve will slow the pace at which it buys Treasuries under its unlimited quantitative easing program.
The U.S. central bank, which has been aggressively purchasing Treasuries for the past two weeks in a bid to offset the economic and market fallout from the coronavirus pandemic, on Friday said that it would dial back the daily pace of buying to $60 billion next Thursday and Friday. It will continue purchasing at the existing pace of $75 billion a day for the first three days of next week.The central bank announced its return to quantitative easing earlier this month as virus concerns ripped through global markets and the prospects for the global economy cratered. And this past Monday it declared that it would purchase assets "in the amounts needed to support the smooth functioning of markets." It has bought Treasuries at a steady clip of $75 billion a day since then, although there was some talk in the market that the monetary authority might look to ease back.
At this pace the Fed will have bought almost $1 trillion dollars of Treasuries by end of next week.
https://www.bloomberg.com/markets/fixed-income
but they are increasing the amounts of Mortgage Backed Securities they take-announced yesterday
'''Statement Regarding Agency Commercial Mortgage-Backed Securities Operations
March 26, 2020'''
Effective March 23, 2020, the Federal Open Market Committee (FOMC) directed the Open Market Trading Desk (the Desk) at the Federal Reserve bank of New York to increase the System Open Market Account (SOMA) holdings of agency mortgage-backed securities in the amounts needed to support smooth market functioning. The FOMC directed the Desk to include purchases of agency commercial mortgage-backed securities (agency CMBS) in such purchases.
The Desk will conduct its first purchase of agency CMBS on Friday March 27, 2020 with a deadline to submit offers to its investment manager at 11:00 am ET.
In this operation, the Desk will purchase up to $1 billion of fixed rate Fannie Mae Delegated Underwriting and Servicing (FNMA DUS) pools, with a 10 year loan term, a yield maintenance protection term of 9.5 years (FNMA DUS 10/9.5), and a weighted average life greater than or equal to 7 years. The Desk, through its investment manager, will solicit offers from primary dealers and will purchase up to $1 billion in total, subject to reasonable market prices. The minimum lot size per CUSIP for this operation is $5 million in current face value.
Next week, the Desk anticipates three operations on Tuesday March 31, 2020, Thursday April 2, 2020, and Friday April 3, 2020 for a tentative total purchase amount of approximately $3 billion. Purchases will be made across fixed-rate FNMA DUS pools, fixed-rate Freddie Mac K-series Deals, and Ginnie Mae Project Loan pools. The details for each operation will be disclosed one day prior to the operation. The term sheet for agency CMBS purchases can be found here.
The Desk will continue to adjust the schedule, size, and composition of purchases as appropriate to support smooth market functioning of agency CMBS markets.
https://www.newyorkfed.org/markets/opolicy/operating_policy_200326
#8589443 at 2020-03-27 21:17:34 (UTC+1)
Q Research General #10997: Bon Voyage Edition
>>8589380
The Fed's Cure Risks Being Worse Than the Disease
Bloomberg
Jim Bianco
BloombergMarch 27, 202
(Bloomberg Opinion) – The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be.
In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn't enough to calm markets, though - so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year.
But it's the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets. Specifically, these are:
CPFF (Commercial Paper Funding Facility) - buying commercial paper from the issuer. PMCCF (Primary Market Corporate Credit Facility) - buying corporate bonds from the issuer. TALF (Term Asset-Backed Securities Loan Facility) - funding backstop for asset-backed securities. SMCCF (Secondary Market Corporate Credit Facility) - buying corporate bonds and bond ETFs in the secondary market. MSBLP (Main Street Business Lending Program) - Details are to come, but it will lend to eligible small and medium-size businesses, complementing efforts by the Small Business Association.
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. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.
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.
In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
In 2008 when something similar was done, it was on a smaller scale. Since few understood it, the Bush and Obama administrations ceded total control of those acronym programs to then-Fed Chairman Ben Bernanke. He unwound them at the first available opportunity. But now, 12 years later, we have a much better understanding of how they work. And we have a president who has made it very clear how displeased he is that central bankers haven't used their considerable power to force the Dow Jones Industrial Average at least 10,000 points higher, something he has complained about many times before the pandemic hit.
When the Fed was rightly alarmed by the current dysfunction in the fixed-income markets, they felt they needed to act. This was the correct thought. But, to get the authority to stabilize these "private" markets, central bankers needed the Treasury to agree to nationalize (own) them so they could provide the funds to do it.
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 to instruct the Fed to print more money so it could buy securities and hand out loans in an effort to ramp financial markets higher going into the election. Why stop there? Should Trump win re-election, he could try to use these SPVs to get those 10,000 Dow Jones points he feels the Fed has denied everyone.
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
#8589389 at 2020-03-27 21:13:58 (UTC+1)
Q Research General #10997: Bon Voyage Edition
>>8589057
(Bloomberg Opinion) – The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be.In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn't enough to calm markets, though - so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year.But it's the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets. Specifically, these are:CPFF (Commercial Paper Funding Facility) - buying commercial paper from the issuer. PMCCF (Primary Market Corporate Credit Facility) - buying corporate bonds from the issuer. TALF (Term Asset-Backed Securities Loan Facility) - funding backstop for asset-backed securities. SMCCF (Secondary Market Corporate Credit Facility) - buying corporate bonds and bond ETFs in the secondary market. MSBLP (Main Street Business Lending Program) - Details are to come, but it will lend to eligible small and medium-size businesses, complementing efforts by the Small Business Association.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. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.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. In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
#8589266 at 2020-03-27 21:07:32 (UTC+1)
Q Research General #10997: Bon Voyage Edition
>>8589110
"Why Lehman Brothers was allowed to fail"
"In a departure from its strategy on other banks, the US Federal Reserve refused to assume any of the risk faced by potential buyers. That decision had massive repercussions"
"Six months previously, Bear Stearns had faced a similar fate but survived when the US central bank, the Federal Reserve, intervened with the US treasury department's support. Why did the US government not intervene in the Lehman case?
"W hen Lehman Brothers filed for bankruptcy on September 15th, 2008, the financial sector shook across the world. The bank was forced to seek Chapter 11 bankruptcy protection, the largest ever such filing in US history.
In the case of Bear Stearns, the Fed engineered a sale to JPMorgan Chase by agreeing to assume $29 billion of the risk of losses from Bear Stearns. When potential purchasers of Lehman sought similar assurances from the Fed, the regulator demurred, and the bank was left with little choice but to file for bankruptcy.
According to Lehman's bankruptcy examiner, Lehman's business model was not unique. All of the major investment banks of the time had some high-risk model that required the confidence of counterparties.
While Lehman's assets and liabilities of about $700 billion cancelled each other out, it had insufficient hard cash (about $25 billion) to meet its needs. Confidence in the institution was so low that clients were withdrawing funds at a rate the bank couldn't keep up with."
#8589238 at 2020-03-27 21:05:46 (UTC+1)
Q Research General #10997: Bon Voyage Edition
>>8589057
https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html
The Fed's Cure Risks Being Worse Than the Disease
[Bloomberg]
Jim Bianco
Bloomberg March 27, 2020
(Bloomberg Opinion) – The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be.
In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn't enough to calm markets, though - so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year.
But it's the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets. Specifically, these are:
CPFF (Commercial Paper Funding Facility) - buying commercial paper from the issuer. PMCCF (Primary Market Corporate Credit Facility) - buying corporate bonds from the issuer. TALF (Term Asset-Backed Securities Loan Facility) - funding backstop for asset-backed securities. SMCCF (Secondary Market Corporate Credit Facility) - buying corporate bonds and bond ETFs in the secondary market. MSBLP (Main Street Business Lending Program) - Details are to come, but it will lend to eligible small and medium-size businesses, complementing efforts by the Small Business Association.
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. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.
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.
In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
In 2008 when something similar was done, it was on a smaller scale. Since few understood it, the Bush and Obama administrations ceded total control of those acronym programs to then-Fed Chairman Ben Bernanke. He unwound them at the first available opportunity. But now, 12 years later, we have a much better understanding of how they work. And we have a president who has made it very clear how displeased he is that central bankers haven't used their considerable power to force the Dow Jones Industrial Average at least 10,000 points higher, something he has complained about many times before the pandemic hit.
When the Fed was rightly alarmed by the current dysfunction in the fixed-income markets, they felt they needed to act. This was the correct thought. But, to get the authority to stabilize these "private" markets, central bankers needed the Treasury to agree to nationalize (own) them so they could provide the funds to do it.
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 to instruct the Fed to print more money so it could buy securities and hand out loans in an effort to ramp financial markets higher going into the election. Why stop there? Should Trump win re-election, he could try to use these SPVs to get those 10,000 Dow Jones points he feels the Fed has denied everyone.
#8589196 at 2020-03-27 21:03:52 (UTC+1)
Q Research General #10997: Bon Voyage Edition
>>8589057
The Fed's Cure Risks Being Worse Than the Disease
[Bloomberg]
Jim Bianco
BloombergMarch 27, 2020
(Bloomberg Opinion) – The economic debate of the day centers on whether the cure of an economic shutdown is worse than the disease of the virus. Similarly, we need to ask if the cure of the Federal Reserve getting so deeply into corporate bonds, asset-backed securities, commercial paper, and exchange-traded funds is worse than the disease seizing financial markets. It may be.
In just these past few weeks, the Fed has cut rates by 150 basis points to near zero and run through its entire 2008 crisis handbook. That wasn't enough to calm markets, though - so the central bank also announced $1 trillion a day in repurchase agreements and unlimited quantitative easing, which includes a hard-to-understand $625 billion of bond buying a week going forward. At this rate, the Fed will own two-thirds of the Treasury market in a year.
But it's the alphabet soup of new programs that deserve special consideration, as they could have profound long-term consequences for the functioning of the Fed and the allocation of capital in financial markets. Specifically, these are:
CPFF (Commercial Paper Funding Facility) - buying commercial paper from the issuer. PMCCF (Primary Market Corporate Credit Facility) - buying corporate bonds from the issuer. TALF (Term Asset-Backed Securities Loan Facility) - funding backstop for asset-backed securities. SMCCF (Secondary Market Corporate Credit Facility) - buying corporate bonds and bond ETFs in the secondary market. MSBLP (Main Street Business Lending Program) - Details are to come, but it will lend to eligible small and medium-size businesses, complementing efforts by the Small Business Association.
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. This includes Treasury securities, agency mortgage-backed securities and the debt issued by Fannie Mae and Freddie Mac. An argument can be made that can also include municipal securities, but nothing in the laundry list above.
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.
In other words, the federal government is nationalizing large swaths of the financial markets. The Fed is providing the money to do it. BlackRock will be doing the trades.
This scheme essentially merges the Fed and Treasury into one organization. So, meet your new Fed chairman, Donald J. Trump.
In 2008 when something similar was done, it was on a smaller scale. Since few understood it, the Bush and Obama administrations ceded total control of those acronym programs to then-Fed Chairman Ben Bernanke. He unwound them at the first available opportunity. But now, 12 years later, we have a much better understanding of how they work. And we have a president who has made it very clear how displeased he is that central bankers haven't used their considerable power to force the Dow Jones Industrial Average at least 10,000 points higher, something he has complained about many times before the pandemic hit.
When the Fed was rightly alarmed by the current dysfunction in the fixed-income markets, they felt they needed to act. This was the correct thought. But, to get the authority to stabilize these "private" markets, central bankers needed the Treasury to agree to nationalize (own) them so they could provide the funds to do it.
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 to instruct the Fed to print more money so it could buy securities and hand out loans in an effort to ramp financial markets higher going into the election. Why stop there? Should Trump win re-election, he could try to use these SPVs to get those 10,000 Dow Jones points he feels the Fed has denied everyone.
#8587848 at 2020-03-27 19:18:10 (UTC+1)
Q Research General #10995: Deep State Needs Some Hugs Edition
>>8587577
listed in Q post
maybe that is why they overthrew the shah with islamists, to get a central bank?
Iran: The central bank of the Islamic Republic of Iran
#8587577 at 2020-03-27 18:53:19 (UTC+1)
Q Research General #10995: Deep State Needs Some Hugs Edition
>>8587351
only 1 place left now after this with no central bank.
iran… when and how will we get the central bank in for them?
#8586408 at 2020-03-27 17:09:51 (UTC+1)
Q Research General #10993: Polls Are Good For Potus Edition
"Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar"
As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a 'digital dollar' and the establishment of 'digital dollar wallets.' In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.
Both Speaker Pelosi's 'Take Responsibility for Workers and Families Act' and the 'Financial Protections and Assistance for America's Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321),' introduced by Chairwoman Maxine Waters of Financial Services Committee, introduced these concepts today as a way of delivering the economic stimulus payments to U.S. citizens.
https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets
#8584314 at 2020-03-27 13:56:58 (UTC+1)
Q Research General #10991:War of the Sons of Light Against the Sons of Darkness Edition
Norway names Nicolai Tangen as new head of sovereign wealth fund
1 Min Read
OSLO (Reuters) - The new chief executive for Norway's $930 billion sovereign wealth fund is Nicolai Tangen, until now chief executive of investment firm AKO Capital, which he established in 2005.
The new CEO was presented at a news conference at the central bank on Thursday.
The fund is the world's largest of its kind, investing proceeds from Norway's oil and gas industry in foreign stocks, bonds and real estate.
https://www.reuters.com/article/us-health-coronavirus-norway-swfceo/norway-names-nicolai-tangen-as-new-head-of-sovereign-wealth-fund-idUSKBN21D1LR
#8582765 at 2020-03-27 08:49:34 (UTC+1)
Q Research General #10989: Nightshift slax Edition
Virtual G20 Summit
President of Russia Vladimir Putin: Your Majesty, colleagues,
It appears to me that the current problems caused by the new coronavirus pandemic will result in far greater shocks than the financial crisis of 2008-2009, and the trade conflicts and sanctions are worsening the recession.
From our point of view, the key risk lies in long-term unemployment which, regardless of the future scenario, will peak much higher than in 2009. Unemployment dynamics will also serve as a key efficiency indicator for our anti-crisis measures.
The current crisis will inevitably take its toll on global development, and for the long term. Therefore, certainly, we cannot afford to act with an every-man-for-himself approach, our colleagues have said a lot about it already. I absolutely agree with that.
I will start with the top-priority tasks in healthcare.
First. As has been said, of course it is necessary to continue a regular exchange of credible information about the pandemic's progress in our countries and about the actions being taken. It was also brought up that it is necessary to provide aid to the African countries. I believe that overall today, the World Health Organisation should channel its efforts to detecting hidden coronavirus epidemics in the countries that are not able to organise testing. Also, joint research by our countries could significantly expedite the development of vaccines and medications.
Now, a few words about the economy. The Russian Government is allocating 1.2 percent of Russia's GDP to fight this crisis. Russia's central bank is providing approximately the same amount of support. But all of us, the Group of 20, need a common action plan to stabilise the situation, support our economies and restore trust across global markets.
Of course, national budgets should play a key role in increasing global demand. However, due to the high volatility of global markets that we see every day, borrowing options are limited for many countries - and we must also take this into account.
The situation is getting complicated. In this respect, it is very important, it is extremely important now to ensure access to financing for countries that are suffering from resource shortages, I mean especially countries that have been affected by the crisis and pandemic. In this regard, we could consider creating a special fund under the auspices of the IMF, financed primarily by the central banks that issue currencies included in the IMF basket, and then granting the right to any IMF member to borrow money from this fund in proportion to his share in the world economy at a zero rate for the long term.
A lot has also been said about the need to ensure supply chains. This is certainly important. But it is equally important to create so-called green corridors for the duration of the crisis, free from trade wars and sanctions, for the mutual supply of medicines, food, equipment and technology.
Ideally, we should impose a moratorium, a joint moratorium on restrictions on essentials, as well as on financial transactions for their procurement. And first of all, I am talking about countries that are suffering the most from this pandemic. In the end, this is a question of life and death of people, it is a purely humanitarian issue. We need to cleanse these issues from all kinds of political husk.
When keeping the G20's traditional cooperation between the ministries of finance, the central banks and Sherpas, we could strengthen our cooperation at the economic adviser level during this crisis. They have direct access to state leaders and can make decisions urgently, informally and quickly.
And in conclusion, I would like to say a few words about global international organisations. Obviously, they lack mechanisms for automatic stabilisation in the event of a crisis. And so, it is necessary to efficiently and as quickly as possible, work through and resolve all the issues related to their reorganisation.
Thank you for your attention.
#8576490 at 2020-03-26 21:21:08 (UTC+1)
Q Research General #10980: Love Hearing Them Seethe
Mnuchin just bankrupted the Fed (Goldman Sachs, JpMorgan, Chase, etc…)
Shit, it's started Anons. The market liquidity is now controlled by Steve Mnuchin and the Treasury Department.
That also means we own ALL central bank requests for credit for ALL 186 Foreign Nations.
Folks, a power transfer just went down. The world just went from asking the Rothschilds for credit swaps to asking Steve Mnuchin and the US Treasury for credit swaps.
boom
#8575914 at 2020-03-26 20:32:48 (UTC+1)
Q Research General #10980: Love Hearing Them Seethe
>>8575816
>I'm gonna take it back to americas highest point of the 1950's
Hate to break it to you, anon, but the 1950's we just as bad as now. We were coming off the deaths of 400,000 of our good young men going into a pointless war to enrich the elites AGAIN and under the rule of the Rothschild central bank.
NOTHING HAS CHANGED.
#8574342 at 2020-03-26 18:32:38 (UTC+1)
Q Research General #10978: Moar From Q Pond Hopping Edition
Putin: Russia May Defeat Coronavirus in Less Than 3 Months
Russia enacted a series of comprehensive measures to tackle the COVID-19 outbreak in recent weeks, instituting travel restrictions, quarantine for infected individuals, and efforts to make an effective vaccine available following testing.
President Vladimir Putin has expressed confidence that Russia will stop the spread of the coronavirus outbreak, and said that doing so is only a matter of time and the effectiveness of joint work between the state, society and business.
"When the situation changes, it will definitely change for the better - this is 100 percent certain. The question, of course, is in the duration, and the effectiveness of our joint work, and all of the people who use your free content or your products today will remain your customers," the president said, speaking at a meeting with representatives of the business community on Thursday.
Expressing confidence in Russia's COVID-19 response, Putin said he agreed with the idea that the country could fight off the virus in less than three months.
"Our colleague expects that we will deal with the coronavirus in two or three months time. This is already a good prognosis, because in some countries, it is said that the war with the virus (they call it a 'war') will be a very long one. But when we make it out of this situation, and we will do so, I hope this takes place maybe even earlier than you've said," Putin said, responding to an IT entrepreneur's comment about possible state support for companies in the digital knowledge market.
During their meeting, representatives of business proposed simplifying the procedure for the certification of items such as disinfectant equipment, down from the current 3-6 month process in place today. Putin said he welcomed the idea, saying the state will do its part to implement this, but added that a measure of control must remain in place to ensure safety for consumers.
Putin also discussed with entrepreneurs some of the economic measures he announced Wednesday in his address to the nation, including financial support measures for businesses, a six month tax holiday for small businesses and measures by the central bank to prevent layoffs and bankruptcies.
Russia's Anti-COVID-19 Measures
Russia has joined countries around the globe in introducing a series of medical and economic measures to combat the spread of the new coronavirus. These have included travel restrictions, quarantine for infected individuals and people over the age of 65, a week long paid holiday for non-essential workers starting next week, funding to encourage businesses to convert their resources to the production of medical equipment, and other measures. Russian scientists have also begun the development of potential coronavirus vaccines after sequencing COVID-19's genome last week.
On Thursday, Moscow Mayor Sergei Sobyanin signed a decree suspending the work of city restaurants, bars, cafes and buffets, with the exception of takeout services, in connection with the pandemic. All shops in the capital excepting pharmacies and those selling essential goods will also be closed. Some major parks have also been closed, and the mayor has urged residents to abstain from visiting places of worship.
Russia presently has about 840 confirmed COVID-19 cases, most of them in the capital, as well as three fatalities, and the World Health Organization has said that so far, it sees no reason for a hard quarantine to be established in the country, given that it is already "one step ahead" in its fight against the virus.
https://sputniknews.com/russia/202003261078715450-putin-russia-may-defeat-coronavirus-in-less-than-3-months/
#8571753 at 2020-03-26 15:26:04 (UTC+1)
Q Research General #10975: Covid19 Vax WUT? "You First Nigga" Edition
>>8571744
only iran left with no central bank
#8571740 at 2020-03-26 15:23:56 (UTC+1)
Q Research General #10974: Dept of Deep State Expanding in Wuhan Edition
>>8571717
now only iran left for central bank
#8571655 at 2020-03-26 15:16:34 (UTC+1)
Q Research General #10974: Dept of Deep State Expanding in Wuhan Edition
>>8571605
maybe thats why they are keeping 60% hid for national security reasons.
im not sure about this Venezuela stuff. im sure corrupt like the rest
but seams spoofy cause was 1 place that dont have central bank.
#8571519 at 2020-03-26 15:01:57 (UTC+1)
Q Research General #10974: Dept of Deep State Expanding in Wuhan Edition
Why does DJT have affinity to Andrew Jackson?
Anyone else notice similarities?
banking cabal openly threatened Andy ahead of his second election about shutting down 2nd central bank.
Told him that they would bring financial destruction down upon the people.
They did just that in attempt to punish the people So they wouldn't vote for him.
Today . . .
COVID-19 presents as reasoning for economic destruction.
Market drops significantly. Businesses closed. People put out of work (3Million file for unemployment)
All done ahead of what? Second term election for DJT.
The central banking system across the globe, starting with the Fed, is a house of cards.
The vile entities who own it, know it. They can't process the massive debt or credit they're holding.
#8571465 at 2020-03-26 14:57:18 (UTC+1)
Q Research General #10974: Dept of Deep State Expanding in Wuhan Edition
Our Small hometown bank was bought by central bank a few weeks ago. Do Anons think I should pull out our money? I don't want to bank at a bank owned by THEM. How can I find out who really owns this CB
#8569366 at 2020-03-26 07:49:44 (UTC+1)
Q Research General #10972: Loose Lips Sink Ships, Shills Never Shut Up - Edition
Would bankers be evil
If they were employees of the state
And ran the central bank
On behalf of the people?
Is a central bank evil
If the interest it earns
Is used to fund the state
So that taxes are no longer necessary?
#8569241 at 2020-03-26 07:25:33 (UTC+1)
Q Research General #10971:God bless the little children, God bless the United States of America
>>8569156
>install the Novus Ordo Seclorum That the Founding Fathers had planned.
>But it will be a NEW Order of the World A new way of living with sovereign nations
Alright, tell me about this. What does it entail?
>With national central banks
How can a central bank do anything to help the citizens of a country? bankers are evil.
#8564751 at 2020-03-25 23:14:19 (UTC+1)
Q Research General #10965: Kathy Griffin Has Very Painful Symptoms, Proof there is a GOD edition
>>8564326
This is money from the central bank, to take down the central bank.
#8560958 at 2020-03-25 17:34:18 (UTC+1)
Q Research General #10961: Hot "Twat Snot" Wheels At It Again! Edition
>>8560946
https://www.reuters.com/article/us-health-coronavirus-swiss/swiss-government-central-bank-toss-cash-at-coronavirus-hit-companies-idUSKBN21C2GM
#8560946 at 2020-03-25 17:33:14 (UTC+1)
Q Research General #10961: Hot "Twat Snot" Wheels At It Again! Edition
WORLD NEWS
MARCH 25, 2020 / 4:13 PM / UPDATED 15 MINUTES AGO
Swiss government, central bank toss cash at coronavirus-hit companies
John Revill, Silke Koltrowitz
ZURICH (Reuters) - The Swiss government and central bank will begin pouring money from Thursday into a slowing economy to prevent it from crumbling under the weight of the coronavirus epidemic.
#8558152 at 2020-03-25 11:31:46 (UTC+1)
Q Research General #10957: Have some Covfefe and Power On Edition
The European central bank Is Being Stretched To Its Breaking Point In Italy
https://www.zerohedge.com/geopolitical/european-central-bank-being-stretched-its-breaking-point-italy
#8554240 at 2020-03-25 02:18:59 (UTC+1)
Q Research General #10952: A Mysterious Babylon Edition
>>8554146
>>8554146
>Enough to cancel our debt?
Jubilee - cancel all the debts.
In the Bible, they did that every 50 years.
Cancel all the debts, put money in everyones bank account, or on one of those cards.
Get rid of the central bank owners, new system has no private ownership. Everyone around the world should be happy, but there are politicians around the world who will be on Rothschilds side.
In Nevada they're letting the people with coronavirus die in order to make Trump look bad.
#8552761 at 2020-03-25 00:16:49 (UTC+1)
Q Research General #10950: SHOTS MOTHER FUCKING FIRED! Edition
Mar 23, 2020,08:23pm EDT
Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar
https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/#756a546a4bea
Updated on 3/24/20 at 11:45 AM: The final version of the economic stimulus package offered by Speaker Pelosi the House Democrats no longer includes the U.S. Digital Dollar proposal; however, the language as proposed by Chairwoman Waters of the House Financial Services Committee still contains this language. Links to the original and updated stimulus bills with the latest language are at the end of the story.
As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a 'digital dollar' and the establishment of 'digital dollar wallets.' In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.
Both Speaker Pelosi's 'Take Responsibility for Workers and Families Act' and the 'Financial Protections and Assistance for America's Consumers, States, Businesses, and Vulnerable Populations Act (H.R. 6321),' introduced by Chairwoman Maxine Waters of Financial Services Committee, introduced these concepts today as a way of delivering the economic stimulus payments to U.S. citizens.
The bill establishes a digital dollar, which it defines as 'a balance expressed as a dollar value consisting of digital ledger entries that are recorded as liabilities in the accounts of any Federal Reserve bank or … an electronic unit of value, redeemable by an eligible financial institution (as determined by the Board of Governors of the Federal Reserve System).' Additionally, a digital dollar wallet is identified as 'a digital wallet or account, maintained by a Federal reserve bank on behalf of any person, that represents holdings in an electronic device or service that is used to store digital dollars that may be tied to a digital or physical identity.'
A mandate also requires all 'member banks' establish a 'pass-through digital dollar wallet' to all customers eligible for the stimulus. Member banks include those banks that are 'members' of the Federal Reserve and regulated by the Fed. Additionally, 'Non-Member' state banks - those that not members of the Federal Reserve and regulated by the FDIC - could opt-in to offer pass-through digital dollar wallets as well.
#8550225 at 2020-03-24 20:55:13 (UTC+1)
Q Research General #10947: Anons Call for the Pain Edition
Record Numbers Are Frontrunning The Fed's Purchases Of Corporate Bonds
As part of the Fed's ongoing nationalization bailout of the entire market, yesterday we pointed out that in a dramatic reversal away from years in which the Fed would not intervene in the corporate market, the US central bank would now buy Investment Grade corporate bonds, and would even intervene in equities, by purchasing the LQD investment grade debt ETF.
Commenting on this stunning departure, this morning Nomura's Charlie McElligott said that "we actually see the Fed in the game of not simply suppressing the risk-free rate, and thus term-premium, as they did last time-but now buying spread-product (beyond MBS alone) with risk-assets outright / through the new SPV-it is reasonable to believe that investors will "reverse engineer" the Jay Powell playbook noted above, and go with their muscle-memory from this Fed "short volatility positioning" prior conditioning."
Judging by the market's surge today, the answer is yes. But even before that, savvy investors realized that the most bang for the risk-free buck comes by purchasing the one ETF that the Fed is now explicitly backstopping, and as Bloomberg notes, "the rush into investment-grade bonds picked up after the Federal Reserve said it will step into the market, with the world's largest credit ETF seeing the second-biggest inflows in its 18-year history."
https://www.zerohedge.com/markets/record-numbers-are-frontrunning-feds-purchases-corporate-bonds
#8545596 at 2020-03-24 14:19:58 (UTC+1)
Q Research General #10941: Shill Team 6 Is A Dud Edition
Kenya Seeks $1.2 Billion From IMF, World bank Amid Virus
Budget support expected by early May will boost forex reserves. State still in talks with IMF for a standby credit facility.
A staff member of Kenya's Ministry of Health sprays disinfectant on a rock which people sit on to curb the spread of the chinavirus at the Gikomba Market in Nairobi. Kenya is in talks with the World bank for budget support of $750 million and the International Monetary Fund for $350 million in emergency assistance.
The East African nation also expects to receive $50 million from the World bank to support its efforts against the brunt of the chinavirus pandemic, central bank Governor Patrick Njoroge said in a briefing held a day after policy makers cut the benchmark interest rate to an eight-year low.
Talks between Kenya and the IMF for a standby credit facility are ongoing on, he said. Kenya has 16 confirmed cases of the chinavirus.
The funds could start flowing by end-April or early May and "will undoubtedly also support our reserves," Njoroge said. Kenya has $8.25 billion in reserves, sufficient for five months of imports, according to the central bank. Apart from the monetary measures that include a drop in the cash reserve ratio to increase liquidity, the government is also expected to announce some fiscal actions, Njoroge said. While the dollar has appreciated against most currencies, other factors have been driving a slide by the Kenyan shilling, Njoroge said, blaming a "misunderstanding" by some dealers about the central bank's plans to shore up its reserves by buying as much as $100 million monthly. There are also some "malicious actors in the market," he said.
The Kenyan shilling has weakened 5% so far this month to its lowest yet against the dollar. It touched a record 107.20 in earlier trade on Tuesday.
"Our exchange-rate policy hasn't deviated," Njoroge said. "It's always been a flexible exchange-rate regime, but we intervene to minimize volatility."
https://www.bloomberg.com//news/articles/2020-03-24/kenya-seeks-more-than-1-billion-from-imf-world-bank-amid-virus
#8545236 at 2020-03-24 13:40:30 (UTC+1)
Q Research General #10940: Anons United Amidst Battle Edition
>>8545211
Is 5g in Africa?
Lesotho and South Africa are the only African countries where 5G is commercially available, but the services are extremely limited. In Lesotho, only the central bank and a mining company can use 5G so far.
https://www.dw.com/en/is-africa-ready-for-5g/a-51474261
#8544924 at 2020-03-24 12:55:09 (UTC+1)
Q Research General #10940: Anons United Amidst Battle Edition
>>8544909
"As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a 'digital dollar' and the establishment of 'digital dollar wallets.' In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency."
https://www.forbes.com/sites/jasonbrett/2020/03/23/new-coronavirus-stimulus-bill-introduces-digital-dollar-and-digital-dollar-wallets/#7e4b11344bea
#8538793 at 2020-03-24 00:09:44 (UTC+1)
Q Research General #10932: American Ingenuity Edition
From what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
? which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes
so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
? breaking the grip of Big Pharma and their monopoly on allopathic modality & medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
? (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
*Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun... or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase.Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster
#8528580 at 2020-03-23 06:55:58 (UTC+1)
Q Research General #10919: Faith Trumps Fear Edition
>>8528504
Dumb arse…
The 3 things you get when you have a central bank, is
1 a revenue service to collect taxes.
2 a court system to punish those who do not pay tier taxes,
3 a Police force, to ensure everyone pays their taxes, or else.
Every country, world wide has a protest about the ruling class, is ALWAYS met by Police response.
It makes no difference where, Chile, France, Occupy, dissent is ALWAYS met by hostile POLICE response. EVERY TIME.
#8526843 at 2020-03-23 03:57:53 (UTC+1)
Q Research General #10917: The Truth is Coming Out Edition
Putin Flies Help to Virus-Stricken Italy, Exploiting EU Fumble
Doctors, supplies sent after phone call with Premier Conte. Italy is fertile ground for Russian diplomatic offensive. As soon as Vladimir Putin got off the phone with the desperate Italian prime minister, Russian aid was being loaded onto military planes, headed for the epicenter of the coronavirus pandemic.
The consignment was given a high-profile reception by Giuseppe Conte's government, with Foreign Minister Luigi Di Maio there to see the reinforcements land at a military airport south of Rome on Sunday night. As well as protective masks and coats, ventilators, swabs and testing equipment, there were doctors and disinfection teams on board, according to the Italian Foreign Ministry.
With Italy's economy collapsing and its hospitals buckling under an avalanche of new cases, the European central bank dramatically ramped up its bond-buying program last week and the European Union is considering unleashing its 410 billion-euro ($440 billion) bailout fund to help keep the country afloat. Yet the bloc has left itself vulnerable to a PR coup from Russia and China in a critical member state.
EU leaders have stirred up resentment in Italy by restricting exports of critical medical supplies as they prepare their own health-care systems for an onslaught of infections. That opened the door for Putin and China's Xi Jinping. The Russian supplies were dispatched bearing a sticker with a heart and the words "From Russia with Love," news wire Ansa reported. Putin's opportunistic diplomacy follows a long courtship of officials in Rome, who've been among the strongest advocates of a rapprochement with Moscow within the EU and NATO.
Yet the humanitarian cargo is only one side of Putin's double game when it comes to Europe and its health-care crisis. According to an internal EU report, Russia is also responsible for an organized campaign spreading disinformation about the coronavirus with the intention of undermining confidence in western leaders.
For any geopolitical rivals seeking to undermine EU unity, Italy is a weak link, since many of its voters blame the euro for decades of economic malaise and are inclined to back populist and euroskeptic parties.
https://www.bloomberg.com//news/articles/2020-03-23/putin-flies-help-to-virus-stricken-italy-exploiting-eu-fumble
#8525440 at 2020-03-23 01:51:36 (UTC+1)
Q Research General #10915: James Woods - Great Awakening, Storm is Coming! Edition
WTF?
BofA Calls For "War-Time Measures", Urges Near-Total Fed Takeover Of Capital Markets
Last Sunday, when the Fed threw what appeared to be the kitchen sink at crashing markets, cutting rates to 0%, unveiling a $700BN QE (since expanded to include another $100BN in MBS), and enhancing G-5 central bank FX swap lines (since expanded to include numerous non-G5 banks), many wondered why the Fed withheld the one instrument considered critical in restoring market stability, preventing the commercial paper market from seizing up and preventing mutual fund runs, namely a commercial paper backstop facility. Then, just 48 hours later, the Fed did just that as stocks continue to plunge, and even though the Fed has since unveiled even more Lehman-era anti crisis measures, it has now become apparent that merely redoing what the Fed did in 2008 won't be enough. Trying to one-up itself, and reverse the market panic, on Friday morning the Fed also announced a municipal bond bailout by including munis to the MMLF, yet even that was not sufficient to prevent stocks from crashing on quad-witching Friday.
So here we are late on Sunday night, with S&P futures just shy of limit down, waiting for Congress to pass a massive multi-trillion bailout legislation with Democrats and Republicans putting on a good show of sticking to their ideological talking points and roadblocking the bill's passage even though everyone knows it will pass, the only question is how much more pain will markets take before this too shall pass.
And yet, to some - such as bank of America which was most vocal in demanding a commercial paper facility last weekend (which now seems like years ago) - not even a massive bailout package passed by Congress, one that would grant the Fed de facto powers to buy corporate bonds, will be enough.
Instead, as BofA's rates strategist Marc Cabana writes, there is "growing potential for the Fed to step up its already impressive policy response as lender of last resort." Specifically, in the coming days and weeks BofA sees a growing likelihood of:
Adoption of UST yield curve targeting
Full and unlimited backstop to the Agency MBS market
Addressing regulatory constraints that have plagued intermediation of Fed repo
Re-launch of a new TALF-like program offering senior funding on ABS, CMBS, CLOs, longer-dated munis, and investment grade corporates
Provide guidance on the potential resolution plan for any failing entities to avoid fire sales of less liquid, riskier assets such as high yield debt, mezzanine structured product tranches, CRTs, and MSRs. Hurdles for this may prove high.
In short, BofA agrees with Zoltan Pozsar, who last week once again assessed the damage and said that the Fed will effectively have to backstop everyone and everything, in declaring a virtually total takeover of capital markets by the Fed, which is now in critical triage mode, designed to prevent further asset losses which from this point on, would have dire social and perhaps civilizations implications, potentially even the civil war that Time Magazine one mocked us for predicting back in 2010 when we said that the Fed has put the US on collision course with armed social conflict.
https://www.zerohedge.com/markets/bofa-calls-war-time-measures-urges-near-total-fed-takeover-capital-markets
#8524889 at 2020-03-23 01:06:43 (UTC+1)
Q Research General: #10913: Wartime President Edition
https://www.voanews.com/science-health/coronavirus-outbreak/us-central-bank-pulling-out-stops-try-calm-market-amid
US central bank Pulling Out Stops to Try to Calm Market Amid Coronavirus Crisis??
As the global coronavirus pandemic wreaks economic destruction around the world, the U.S. government has taken a number of dramatic steps to keep money moving through the U.S. economy.
The Treasury Department on Friday announced that it would postpone the deadline for filing 2019 income taxes to July 15, from April 15. At the same time, the Federal Reserve has slashed interest rates and taken a number of steps that will allow it to continue pushing money into the hands of businesses and individual borrowers through all means available - some of which it has not yet activated.
So far, the Fed's actions have done little to calm the stock market, which in the past week has wiped out the record gains achieved since President Donald Trump took office in January 2017. But the Fed and the Treasury still have a few more financial and monetary tools at their disposal to try to still the panic of investors.
The Treasury Department's decision to delay the tax filing deadline could ease liquidity pressure on businesses and individuals who will be hit hard by the economic contraction the United States will inevitably suffer in the coming weeks and perhaps months.
#8520640 at 2020-03-22 21:18:16 (UTC+1)
Q Research Genera; #10910: The Lag Monster Edition
After Bernanke & Yellen Demand 'Monetize Everything', Congress Considers Allowing Fed To Buy Corporate Bonds
So far in this 'everything bubble'-burst crisis, the Fed has:
-Cut interest rates from 1.25% to 0.15%.
-Launched over $700 billion in Quarantitative Easing (QE).
-Launched a $1.5 trillion repo program.
-Launched another $1 trillion repo program…. daily!
-Announced it will begin buying commercial paper (short-term corporate debt).
-Allowed primary dealers to start parking assets, including stocks, as collateral in exchange for short-term credit.
-Announced it will begin buying muni debt.
-Opened unlimited dollar-swap-lines to the world.
And the result of all this record amount of liquidity provision - almost $30 trillion of global wealth destruction (bonds and stocks). every aspect of the credit markets - from short-term munis to long-term commercial mortgage-backeds - is completely frozen.
"It's brutal. We have never seen such a big move in such a short amount of time… This is the quickest and most severe I have ever experienced, and I was around for 2008."
Enter former Fed Chairs Ben Bernanke and Janet Yellen, who, as we detailed earlier this week, urged the Fed to begin buying corporate debt and stocks in an op-ed piece in the Financial Times this morning the two former Fed Chairs.
The Fed could ask Congress for the authority to buy limited amounts of investment-grade corporate debt. Most central banks already have this power, and the European central bank and the bank of England regularly use it. The Fed's intervention could help restart that part of the corporate debt market, which is under significant stress. Such a programme would have to be carefully calibrated to minimise the credit risk taken by the Fed while still providing needed liquidity to an essential market.
Currently the Fed is forbidden from doing either as per the Federal Reserve Act. Put another way, congress would need to authorize the Fed to start buying these assets, and the two former Fed Chairs are providing the political cover to do this. Emergency facilities with the Fed would mobilize "up to $4 trillion of liquidity," Mnuchin said, though it was unclear whether that included programs already announced by the central bank.
According to subsequent reports from the WSJ, the current iteration of the massive bailout Bill being mulled in Congress, has the following provisions:
The economic stabilization bill will include significant funding for the ESF so that Treasury can cover credit losses for Federal Reserve 13(3) lending facilities
One draft of the bill would put $425 billion into the Treasury that the Fed could use to cover losses on lending facilities. Last week, the Fed launched three of these 13(3) facilities, two of them with $10 billion each from the Treasury to indemnify against losses. This would allow the Fed to stand up a new generation of emergency lending programs that could support markets for securitization, investment grade corporates, longer-dated munis or small business loans.
In other words, the Fed is about to have a green light to buy corporate bonds.
Finally, remember just a month ago, Janet Yellen suggested that The Fed should buy stocks in the next crisis.
We wonder how long before that is added to The Fed's mandate explicitly? Of course, buying stocks worked out really well for The bank of Japan which now faces trillions in losses on its insane ETF buying program.
https://www.zerohedge.com/political/after-bernanke-yellen-demand-monetize-everything-congress-considers-allowing-fed-buy
load it up fuckers….ALL OF IT…and choke on it.
#8519146 at 2020-03-22 19:18:45 (UTC+1)
Q Research General #10908: Anons BTFO The Left Con Edition
The Economics of Currency Redenomination
ABSTRACT
On 14th August 2007, the central bank of Nigeria (CBN) through its governor made public its proposal to restructure and redenominate the naira by dropping two zeros or moving two decimal points to the left from the currency and issuing
more coin denominations with a view to ensuring macroeconomic stability and efficient payment system. The announcement, which took many by surprise, generated a lot of debate among Nigerians and non-Nigerians within and outside the country. While some are of the view that the CBN deserves commendation for the bold step, others are condemning the entire proposal, yet another group try to synthesise the various views from political economy perspectives. Although, the scheme has since been suspended, stakeholders and observers continue to express their views and opinions about the desirability and timeliness of the policy. Accordingly, this paper appraises the suspended naira redenomination scheme in the light of its objectives. The paper is descriptive with presentation based on literature survey and desk analysis. The paper confirms that currency redenomination is based on some happenings within a country and its outcome depends on various fiscal and monetary policies aimed at stabilising the economy.
It further posits that redenomination of the naira is not completely a bad policy despite the problems associated with it. It however, suggests that the new strategy should be thoroughly studied and understood, and should go beyond its psychological and portability effects; it should be associated with broader macroeconomic and fiscal objectives.
I think redenomination is coming.
#8512454 at 2020-03-22 05:13:00 (UTC+1)
Q Research General #10899: Check The Gates Edition
Video Q posted was 2min48sec long.
Q #248 #FLYROTHSFLY#
central bank income streams being cut?
#8511547 at 2020-03-22 04:04:56 (UTC+1)
Q Research General #10898: Their Fu Is Weak Edition
NO FEAR HERE!
From what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
? which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes
so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
? breaking the grip of Big Pharma and their monopoly on allopathic modality & medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
? (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
*Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun... or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase.Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster
#8503564 at 2020-03-21 17:49:32 (UTC+1)
Q Research General #10888: What's In Your Drawers? Edition
Fed Printing $75 Billion A Day! But the Global Economy Falls Into Recession Rapidly!
The central banks around the world are still reducing interest rates and printing more money. The Fed, the ECB, the bank of England, RBA, and every other central bank are completely exhausting all options. "Helicopter" Ben and Janet Yellen have now suggested the Fed go where they have never been before. This is going to be wild.
bfm6A3_1.jpg (976×510)
www.zerohedge.com/s3/files/inline-images/bfm6A3_1.jpg?itok=TLPQgu5Z
bfm80B0.jpg (976×509)
www.zerohedge.com/s3/files/inline-images/bfm80B0.jpg?itok=G2YKukKQ
Coronavirus markets: bank of America says the recession already here
www.cnbc.com/2020/03/19/bank-of-america-says-the-recession-is-already-here-jobs-will-be-lost-wealth-will-be-destroyed.html
wti 3.19.jpg (1153×660)
www.zerohedge.com/s3/files/inline-images/wti%203.19.jpg?itok=Lc6o5plX
Ben Bernanke and Janet Yellen urge the Fed to buy corporate bonds
www.cnbc.com/2020/03/18/ben-bernanke-and-janet-yellen-are-urging-the-fed-to-buy-corporate-bonds.html
^N225 Interactive Stock Chart | Nikkei 225 Stock - Yahoo Finance
finance.yahoo.com/chart/%5EN225Philadelphia Fed Factory Index Slumps by Most on Record
finance.yahoo.com/news/manufacturing-philadelphia-fed-region-drops-123809299.html
Assets: Total Assets: Total Assets (Less Eliminations From Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed
fred.stlouisfed.org/series/WALCL
Assets: Securities Held Outright: U.S. Treasury Securities: All: Wednesday Level (TREAST) | FRED | St. Louis Fed
fred.stlouisfed.org/series/TREAST
Assets: Securities Held Outright: Mortgage-Backed Securities: Wednesday Level (WSHOMCB) | FRED | St. Louis Fed
fred.stlouisfed.org/series/WSHOMCB
2020-03-19_5-54-12.jpg (946×503)
www.zerohedge.com/s3/files/inline-images/2020-03-19_5-54-12.jpg?itok=_kFepuwO
Treasury Securities Operational Details - FEDERAL RESERVE bank of NEW YORK
www.newyorkfed.org/markets/domestic-market-operations/monetary-policy-implementation/treasury-securities/treasury-securities-operational-details
bank of England's QE programme is bigger than the City expected | World news | The Guardian
www.theguardian.com/world/2020/mar/19/bank-of-englands-qe-programme-is-bigger-than-the-city-expected
(1) Viraj Patel on Twitter: "Go big or go home from bank of England. 15bps cut & £200bn QE (mainly govt bonds). Big purchases. BoE previously saw QE as a credit-easing measure too at times of market stress. So makes sense. BoE have now laid their cards on the table. Not a lot left in the monetary tank $GBP t.co/Bs0ibnsnlr" / Twitter
twitter.com/VPatelFX/status/1240650566658854913?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1240650566658854913&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fbank-england-joins-panic-parade-emergency-rate-cut-01-boosts-qe-ps200
Monetary Policy Summary for the special Monetary Policy Committee meeting on 19 March 2020 | bank of England
www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2020/monetary-policy-summary-for-the-special-monetary-policy-committee-meeting-on-19-march-2020
Coronavirus: Philippine stock market plummets 24% after trading halt | Markets - Gulf News
gulfnews.com/business/markets/coronavirus-philippine-stock-market-plummets-24-after-trading-halt-1.1584583272412
Australia Cuts Key Rate to 0.25%, Adopts Yield Curve Control - BNN Bloomberg
www.bnnbloomberg.ca/australia-cuts-key-rate-to-0-25-adopts-yield-curve-control-1.1408638
The Time for 50-Year Treasuries May Have Finally Come - BNN Bloomberg
www.bnnbloomberg.ca/the-time-for-50-year-treasuries-may-have-finally-come-1.1408953
Consumers Face a Massive Credit Crunch. Lenders Are Still Figuring Out What To Do. - WSJ
www.wsj.com/articles/consumers-face-a-massive-credit-crunch-lenders-are-still-figuring-out-what-to-do-11584610200
(1) Sven Henrich on Twitter: "I think all the excess and reckless monetary policies of the past 11 years are directly responsible for the severity of this crash. It caused all this TINA nonsense, made people chase, distorted asset prices and left the world unprepared. And now they left themselves ineffective." / Twitter
twitter.com/NorthmanTrader/status/1240355736842129412
(1) Kayla Tausche on Twitter: "As I just reported on @CNBC - Lawmakers are wary of bailing out Boeing, comparing it to AIG, a company that required government rescue only because of its own risky decisions. Based on current thinking, WH would have to make an extremely compelling case to change minds." / Twitter
twitter.com/kaylatausche/status/1240703010646319104
Investor Ray Dalio: US corporate losses from coronavirus to top $4T
www.cnbc.com/2020/03/19/investor-ray-dalio-estimates-the-corporate-losses-in-the-us-from-coronavirus-will-top-4-trillion.html
#8499184 at 2020-03-21 07:06:52 (UTC+1)
Q Research General #10882: Wonder What's Habbenin' with the Yellow Vests? Edition
>>8499116
I wouldn't discount it entirely, but I didn't see the strongest case for it.
My take is that Rothschild is at the top.
What happened to the Mayflower types who used to run things, supposedly? You have Rothschild come here, through agents, a major Jew banker helping to make a lot of other Jews rich. And we know all about all that. Owning a central bank is big money. Maybe we're right around the corner from the Rothschilds getting really fucked. Big Ol' Jubilee, and then a reset, a new banking system with the Rothschilds having no part of it.
#8493314 at 2020-03-20 21:38:59 (UTC+1)
Q Research General #10874: Wash Your Hands Before and After Shitposting Edition
The Treasury's Helicopter Cop??Out
> https://www.cato.org/blog/treasurys-helicopter-cop-out
Predictably, the depths of the present economic crisis, including the remarkable flattening of interest rates since it began, have led to several calls by economists, including Jordi Gali and the Mercatus Institute's David Beckworth, for the Fed and other central banks to ready their money choppers for a major money-financed spending-spree.
Helicopter Money vs. Deficit Monetization
"Helicopter money" in its strictest sense is money simply given to people by a central bank. This needn't be done using actual helicopters, of course; and in practice, proposals for it have central banks handing out free money, not directly to the public, but to their sponsoring governments, for use in financing some spending or transfer program.
Either way-and this point is crucial-helicopter money is distinct from deficit monetization in its usually-understood sense. As Kevin Dowd explains, "debt monetization involves an explicit increase in the federal government's indebtedness, whereas under helicopter money that same increased indebtedness is written off by the Fed" or whichever central bank undertakes it. It has the central bank increasing its liabilities without acquiring any offsetting, valuable asset.
Alternatively, as "Helicopter Ben" explains, helicopter money can be likened to an extreme version of deficit monetization in which the Treasury gets money from the Fed in exchange for a security that bears no interest and that the Fed agrees to hold on to forever. The Fed, in other words, has to commit itself to permanently increase its balance sheet by the amount of its security "purchase."
Dubious Advantages
The benefits of helicopter money, Bernanke explains, consist of
(1) the direct effects of the public works spending on GDP, jobs, and income;
(2) the increase in household income from the rebate, which should induce greater consumer spending;
(3) a temporary increase in expected inflation, the result of the increase in the money supply. Assuming that nominal interest rates are pinned near zero, higher expected inflation implies lower real interest rates, which in turn should incentivize capital investments and other spending; and
(4) the fact that, unlike debt-financed fiscal programs, a money-financed program does not increase future tax burdens.
significantly, as Bernanke also notes, advantages (1) and (2) would also be achieved by a debt-financed government spending program. Benefit (3) can, in turn, be achieved through other sorts of unconventional monetary policy, including either ordinary or expanded-asset quantitative easing (QE), aided perhaps by a Fed commitment to temporarily raise its inflation target, or by its agreeing to switch to NGDP level targeting.
This leaves only advantage (4). But this "advantage" is no real advantage at all. It assumes, first of all, that Ricardian Equivalence holds, or at least that the public takes considerable account of future tax increases in adjusting their current spending, but that they do not take future inflation into account in doing so.* But that's not all: under the present abundant reserves or "floor" system, even helicopter money generates a future tax burden, because it generates fresh reserves on which the Fed must pay interest at a variable rate; and the Fed may have to increase this rate to keep inflation under control.
And Real Disadvantages
If the advantages of helicopter money are doubtful, its potential costs are hard to dispute. Here again, Bernanke is a good guide. He observes, among other things, that "helicopter money" might prove incompatible with the Fed's use of an interest-rate operating target and that it could threaten the Fed's political independence, particularly by serving "as a 'slippery slope' for legislators, who might be tempted to use it to facilitate spending or tax cuts when such actions no longer make macroeconomic sense"-that is, as a slippery-slope leading toward "fiscal QE."
Perhaps the biggest drawback of helicopter money has to do with the way in which it smudges the boundary line separating fiscal from monetary policy, and the division of powers that boundary line is supposed to protect. This problem becomes most evident in pondering the question, "whose responsibility is helicopter money?" while supposing that Treasury-central bank cooperation can't be counted on. If the government is to take the initiative, then the central bank must be made subservient to it, risking the undermining of its monetary control while opening the floodgates to fiscal QE. If, on the other hand, the central bank is to take charge, the government must arrange its spending plans in accordance with the central bank's wishes. Neither prospect seems appealing. Call it the "helicopter money dilemma."
#8492849 at 2020-03-20 21:01:07 (UTC+1)
Q Research General #10874: Wash Your Hands Before and After Shitposting Edition
Mexico Unexpectedly Cuts Key Rate, Offers Dollar Auctions
Banxico reduces rate by half point to 6.50% ahead of meeting. Will lower reserve requirements to help face outbreak impact.
Mexico's central bank unexpectedly cut its benchmark interest rate by half a percentage point on Friday and said it was taking additional liquidity measures to support the economy that is seen slumping into recession with the coronovirus outbreak.
Banxico cut its main rate to 6.5% from 7% after an unscheduled board meeting, the bank said in a statement on its website. One member of the board voted for smaller, quarter point cut, it said.
Mexico joins a wave of monetary stimulus as policy makers in every continent seek to shield their economies from a global downturn that analysts see as increasingly likely. The move follows a decision by Peru to also cut its key rate in a surprise move Thursday and comes before Banxico's scheduled meeting for March 26. "Global and domestic financial markets have been subject to high volatility over the last weeks due to the uncertainty regarding the impact of COVID-19 on world economic activity, and to the recent fall in international oil prices. In this context, foreign exchange and fixed income markets in Mexico have undergone significant adjustments, lower liquidity, and a deterioration of trading conditions," Banxico said in the statement. The bank also said it would take additional measures such as reducing reserve requirements for banks, and offering dollar auctions. The Mexican peso, the world's worst major currency in the past month, extended losses and headed to a record low close after the unexpected move
https://www.bloomberg.com//news/articles/2020-03-20/mexico-cuts-key-rate-by-half-point-to-6-5-in-surprise-decision
#8492767 at 2020-03-20 20:54:42 (UTC+1)
Q Research General #10874: Wash Your Hands Before and After Shitposting Edition
The Rothschilds and Rockefellers went from being leveraged like a crowbar in a feeble wooden door in the US Financial system just 3 short months ago.
Today central bank balance sheets are 30th floor suicide jump worthy.
The 3rd side of the Triangle is falling fast and falling hard.
#8491633 at 2020-03-20 19:13:58 (UTC+1)
Q Research General #10872: Potus Brings the Pain Edition
>>8491582
I'm officially suspending all of my central bank-related bills until after this manufactured (literally) crisis passes. Consider my creditors notified.
In fact I may declare a personal DEBT JUBILEE, permanently absolving me of all debts owed to central banking organizations.
#8491547 at 2020-03-20 19:05:36 (UTC+1)
Q Research General #10872: Potus Brings the Pain Edition
Student loan interest…Federal taxes…
central bank/Cabal/Deep State income streams being cut one-by-one.
Mortgages next? Or at least mortgage interest (which is most of your payment, unless you've got it almost paid off)
#8489528 at 2020-03-20 16:22:48 (UTC+1)
Q Research General #10869: Shall We Play A Game? Edition
ECB launches ?750bn emergency purchase programme
The European central bank unveiled an emergency asset purchase programme to tackle the effects of the Covid-19 crisis after an extraordinary meeting of its governing council on March 18. The new Pandemic Emergency Purchase Programme (PEPP) will have a ?750 billion ($810 billion) envelope through which the Eurosystem will carry out net purchases of sovereign and corporate assets until the end of 2020
https://www.centralbanking.com/central-banks/monetary-policy/unconventional-monetary-policy/7508041/ecb-launches-eu750bn-emergency-purchase-programme
#8485060 at 2020-03-20 05:23:17 (UTC+1)
Q Research General #10864: Night Shift Semper Fi Edition
>>8485013
The true enemies of liberty and all modern societies and people are the central bank counterfeiters. The largest counterfeiter in the history of the world consists of the Federal Reserve banking scheme, which counterfeits American dollars through fiat currency and fractional reserve banking.
America Freedom to Fascism exposes the fraud and deceit of the Federal Reserve banks (Fed), the Internal Revenue Service (IRS) and the 16th Amendment, the income tax, the Federal Reserve System, national ID cards (REAL ID Act), human-implanted RFID tags (Spychips), Diebold electronic voting machines, New World Order (globalization), Big Brother, taser weapons abuse, and the use of terrorism by government as a means to diminish the citizens' rights.
The Federal Reserve System is a privately held, for profit corporation, and not a government agency. It was created by bankers for bankers as a lender of last resort, so that whenever a banker ran his businesses poorly he could be bailed out at the expense of the public. The Fed does not have any reserves, it simply creates fiat money out of nothing and lends it out at interest to businesses and the federal government. The American people are then forced to pay for the bailouts to government and businesses through inflation and personal income taxes on their labor. The currency the Fed creates out of thin air and loans out to the government at interest is called Federal Reserve Notes - look at the top of what you may think are your Dollars and you will see they are actually Federal Reserve Notes (FRNs). FRNs are backed by nothing. US Dollars are required by law to be backed by gold and silver, but US Dollars are no longer in circulation. The only real US Dollars still somewhat in circulation are US Silver Eagles and Gold Eagle coins, but they have become so valuable due to the Fed's inflation and destruction of the FRN currency, that it takes thousands of FRNs just to buy a single US $50 gold coin, and dozens of FRNs to buy a single US $1 Dollar silver coin.
The Federal Reserve System operates through manipulation of interest rates, which results in expanding and retracting bubbles of inflation, referred to as business cycles. When the Fed inflates the currency, it is effectively a hidden tax on existing currency, because the value of the newly created currency is stolen from the value of existing currency. This is reflected in continually rising prices, even though advances in technology and manufacturing processes should result in lower prices and a higher standard of living for everyone. Since the creation of the Fed in 1913, it has debased 99% of the value of the Dollar. In other words, it now takes $100 FRNs to buy what just $1 US Dollar would buy in 1913, as a result of inflation due to the Fed counterfeiting so much currency. If you had saved $100 in 1913, it would now only buy as much as a single 1913 Dollar would have bought at that time. The other $99 of value would have been stolen through counterfeiting (cheaply duplicating money out of nothing) over the years, resulting in the vale of the $100 being taxed through inflation, behind your back.
https://youtu.be/O6ayb02bwp0
#8485020 at 2020-03-20 05:15:40 (UTC+1)
Q Research General #10864: Night Shift Semper Fi Edition
Norway Loses One-Fifth of Its Oil Wealth as Krone Collapses, Analysts Say
According to experts' calculations, Norway's Oil Fund has decreased in value by 23 percent since New Year, suffering the "biggest drop" in its decades-long history.
Norway's Oil Fund has taken a serious dent amid plummeting oil prices and an ongoing fall of the krone, broadcaster NRK reported.
Despite the Oil Fund currently being listed as worth NOK 300 billion more than at the turn of the year, this is merely an illusion, as none of its assets are in kroner, experts estimated.
"Rarely have developments been more misleading than now. In reality, we have lost more than one fifth of our oil wealth", Nordea investment director Robert Næss told NRK.
According to Næss's calculations, while the Fund's value in Norwegian kroner has risen by 3 percent since New Year, the reality measured in US dollars or euros is quite the opposite.
At the end of last year, the Oil Fund was worth about $1,149 billion. Now, it is worth around $882 billion, a decrease of 23 percent. The fall is so drastic that it equals the value of the entire 2020 state budget not once, but twice.
"We have never seen such a large fall in global stock markets within a quarter. The equity ratio is also sky high, which makes it likely to be the weakest quarter for the Oil Fund ever", Næss commented.
Eika group chief economist Jan Ludvig Andreassen concurred with this estimate. According to him, the value of the Oil Fund has dropped to around $800 billion.
"In absolute terms, this is the biggest drop in the value of the Oil Fund ever", he Andreassen said.
Much of the fall is due to a weakening krone, central bank governor and Oil Fund chairman Øystein Olsen admitted. Since the New Year, the krone has collapsed as international oil prices went into free fall.
Statfjord-A offshore oil platform
© AFP 2020 / OYVING HAGEN / SCANPIX NORWAY
Plummeting oil prices have been ascribed to a supply and demand shock happening at the same time due to the coronavirus pandemic and OPEC+ failure to agree on production cuts, commonly described as a "price war".
The euro and the dollar have both appreciated against the "record weak" krone by one-third and 38 percent respectively since New Year.
The Government Pension Fund of Norway, established in 1990 to funnel surplus revenues from the petroleum sector and commonly referred to as the Oil Fund, comprises two separate sovereign wealth funds owned and managed by the government of Norway. It owns shares in 9,000 limited companies, and has large investments in government debt, corporate debt, and property abroad.
https://sputniknews.com/europe/202003201078637987-norway-loses-one-fifth-of-its-oil-wealth-as-krone-collapses–experts/
#8484409 at 2020-03-20 04:06:52 (UTC+1)
Q Research General #10863: Homo Larping for Paperclip Zombies or Shills? U Decide Edition
Emerging market currencies plunge in pandemic sell-off
Rupee falls to all-time low and rupiah plumbs post-Asian crisis depths. Emerging market currencies have been pummeled by the novel coronavirus pandemic as frightened investors pull money out of economically vulnerable corners of the world.
India's rupee fell to a record-low 75 against the dollar on Thursday while the Indonesian rupiah touched 15,400 against the greenback at one point, a level not seen since the Asian currency crisis in 1998.
Those nations are scrambling to support their economies through rate cuts, fueling currency sell-offs. The pandemic that has upended people's lives across the globe is now threatening an economic crisis in those regions.
Those nations are all plagued by the double whammy of a current-account deficit and a budget deficit. The turmoil from the coronavirus outbreak will inevitably widen red ink in national budgets while plunging prices of top exports, such as natural resources and agricultural products, will also worsen current account balances.
Concerns about the toll on India's economy has sparked an outflow of capital. India is a net importer of petroleum, but despite the drop in crude oil prices, the rupee still traces a downward spiral.
Indian Prime Minister Narendra Modi on Thursday urged the country's 1.3 billion citizens to stay indoors to protect themselves from the coronavirus. He called for a self-imposed curfew from 7 a.m. to 9 p.m. from March 22. This is certain to exacerbate the economic blow.
There are at least 173 confirmed cases of COVID-19, the disease caused by the virus, in India as of Thursday, including infected foreign nationals, according to the country's health ministry. Though the figure is relatively low, it has more than doubled during the past week.
central banks in emerging nations have aggressively loosened monetary policies to shore up their economies. Indonesia's central bank said Thursday a policy rate cut of 25 basis points to 4.50%, marking the second reduction in as many months.
The Philippines decided the same day to slash its benchmark interest rate by 50 basis points to 3.25%. The country's central bank eased rates for two consecutive policy meetings, and the size of the reduction widened from February's cut of 25 basis points.
But interest rate cuts tend to exacerbate currency depreciation, so it remains to be seen how far central bankers can go on the easing route.
In emerging countries, capital has flowed out of equity and debt markets at unprecedented scales. Daily net portfolio outflows by nonresident investors have exceeded $2.5 billion, according to a report from the Institute of International Finance, based on a 28-day moving average. The rate is more than twice as large as the attrition observed during the 2008 global financial crisis.
Emerging nations are prepared to prop up currencies through mass purchases. But in the case of Turkey, its foreign exchange reserves are only enough to cover four or five months' worth of imports, leaving it with less than ample firepower for currency intervention. Turkey's lira weakened against the dollar to the lowest level since September 2018 on Thursday.
The coronavirus outbreak is poised to unleash a negative feedback loop in emerging economies. Softer currencies mean imports will be more expensive for consumers at home, which will curtail domestic spending. The stagnated traffic in people and goods would cause small businesses to go under, increasing the jobless rate. Spending would further decrease, resulting in a steeper economic slowdown.
https://asia.nikkei.com/Business/Markets/Currencies/Emerging-market-currencies-plunge-in-pandemic-sell-off
https://www.xe.com/currencycharts/?from=USD&to=INR&view=10Y
#8482209 at 2020-03-20 00:53:35 (UTC+1)
Q Research General #10859: Really, DS? REALLY, CABAL? All your comms are belong to us WE ARE Q! Edit
>>8482019
>Way bigger
I agree.
Frankly, from what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
? which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes
so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
? breaking the grip of Big Pharma and their monopoly on allopathic modality & medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
? (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
*Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun... or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase.Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster
#8481896 at 2020-03-20 00:26:37 (UTC+1)
Q Research #10859: We Love Our Planefags Edition
>>8480739
>>8480750
>>8480805
X22Report: The Shift From the central bank Establishment Back to Main Street Is Happening Now! - Great Video
> https://youtu.be/m1eJf-w_Ry8
The entire economic system is now being shifted from the central bank establishment control to main street. Trump and the patriot needed a way to do this while requesting aid for millions of Americans. The economy is about to take off, the first phase is almost complete.
#8480222 at 2020-03-19 21:59:22 (UTC+1)
Q Research General #10857: God Wins Edition
>>8479740
>This was an attack on The Plan, an extremely vast false flag countermove against the success of Trump and Patriots.
Frankly, from what I've seen and read about Projects Looking Glass and Pegasus, it is fairly clear to me that POTUS' moves in the last 3 years were calculated so that when the virus was released, the US would be able to adapt and overcome it, and, while other countries around the world were backed into a corner by the truly insanely stupid policies of the globalists in charge, they will really be weakened and suffer, on the other side of this while the US will be in a position to switch around our manufacturing to products that had been off-shored before, making us even more secure and stronger, and putting us in a position to absolutely dominate the world's economy and production.
-Environmental policy change
reorganizing NEPA so projects can proceed in a timely manner (1 year vs 10)
especially WRT to large-scale infrastructure projects,
→ which will have a ripple-out effect on local economies, not to mention building material supply, manufacture and transport and retailers of those same
-SBA changes to give incentive and make it easier for more Americans to be small entrepreneurs
-Tax code changes so that American business becomes attractive and profitable
-Healthcare fixes
No more Obamacare mandate, I believe POTUS will 'jump off' to something much better from there (not revealed yet)
→ breaking the grip of Big Pharma and their monopoly on allopathic medicines
Releasing actual cures to the public and a resurgence of naturopathic practice and healthy living
-Apprenticeship programs
not only for traditional trades but over 3k companies have pledged to take HS grads and do on-the-job training, bypassing the Snowflakes' domain of college entirely
-Unleashing our energy sector
not limited to oil/nat gas
"new sources of energy" have been mentioned at least 3 times by POTUS, so important
→ (not announced yet) I believe that POTUS will make it attractive (at least not suppress) alternative energies as well as the manufacture of devices or adapters to transition over to those new energy sources
* Our nuclear plants are at the end of their lives, so they have to be replaced with something. POTUS is a forward-looking guy, and I believe, considering Projects LG and Pegasus, he can see what will work, and do what is necessary to get us there.*
-Break the FED
POTUS has floated a women to replace the head who is hostile to the FED itself, which is a major shot across the bow.
While he has never mentioned it, outright or a coded message I have seen, I can see him, at the right point in time, nationalizing the central bank, issuing State-backed currency and destroying the FED, thereby breaking the ultimate hold of USURY over the world.
It seems that decades of mismanagement, shamefully incompetent leadership and actual disdain of the American citizenry has conditioned a majority of Americans to not realize our true potential - our creativity, our ingenuity, our incredible productive power and the power that we really have when we unite towards achieving a common goal, and so many citizens cannot envision in their minds what we are able to quickly, efficiently and competently accomplish, such as reorienting our manufacturing base quickly to one set of tasks and then doing it again a short time later.
One of our main tasksings from Q+ was to do research so we, anons, would be able to see how bad it really is, sure, but also so that we would be able to pay attention to what POTUS has been doing that no one else is really putting together, namely what was mentioned above.
Our other main tasking was to produce graphics to "educate and calm the public during, and after, the Storm."
We are in possession, as we are told, of much more than we know. We are in possession than far more than the public, who is scared and feeling lost and alone right now. Our job is to educate them on several aspects of the big picture about what has come before, is happening now and what is to come.
And The Best is Yet to Come is not just an empty phrase. Considering Projects LG and Pegasus, and all that Q has told us (timelines change, sometimes people need to see the future in order to save the past, time travel is fun… or?, timing is everthing, etc.) that POTUS has been able to do what needs to be done so that together we are able to weather the Storm, and come out on the other side to a beautiful, incredible future.
WWG1WGA is also not an empty phrase. Together. We are going into the future together, and unlike empires of the past, we will not oppress or suppress other Patriots around the world. We will build them up, help them reach their potentials and build an even better future. Together.
Cras es noster!
#8479253 at 2020-03-19 20:41:45 (UTC+1)
Q Research General #10856: Patriots In Control Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanu-el Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish) The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#8479216 at 2020-03-19 20:38:10 (UTC+1)
Q Research General #10856: Patriots In Control Edition
U.S. oil reverses losses, posts largest one-day gain on record
U.S. crude oil prices spiked by 25% on Thursday, the largest single-day gain on record, recouping some losses from three days of selling that drove the benchmark to near 20-year lows. Analysts saw the rebound as a brief reprieve, anticipating additional weakness as the coronavirus outbreak takes its toll on global demand. U.S. crude and global benchmark Brent have both lost half their value in less than two weeks, most of that since March 6, the day talks between OPEC and allies including Russia broke down. Oil extended gains late in the day after U.S. President Donald Trump on Thursday said he would get involved in the dispute between Saudi Arabia and Russia "at the appropriate time."
West Texas Intermediate (WTI) crude CLc1 settled up $4.85, or 24%, to $25.22 after dropping nearly 25% to an 18-year low in the previous session. It then briefly extended gains in post-close trading to as much as 35%.
Brent crude LCOc1 settled up $3.59, or 14.4%, at $28.47 a barrel, having plunged to $24.52 on Wednesday, its lowest since 2003. Oil's respite came as investors across financial markets assessed the impact of massive central bank stimulus measures. U.S. lawmakers were rushing on Thursday to forge a massive economic stimulus package to counter the impact of the outbreak.
central banks have moved to mitigate the spiralling economic and financial fallout from the pandemic, with the European central bank kicking off a 750 billion euro ($820 billion) emergency bond purchase scheme.
Following the breakdown of talks between Saudi Arabia and Russia, the de facto leader of OPEC announced plans to increase supply to a record 12.3 million barrels per day (bpd) and cut the official selling price for its oil by several dollars per barrel. In the United States, where dozens of shale oil and gas drillers and services companies risk bankruptcy, senators on Wednesday urged the two countries to halt their price war during talks with the kingdom's envoy to Washington. Trump noted, however, that low gasoline prices were good for U.S. consumers even as they were hurting the industry. "At the appropriate time I'll get involved," he said.
The drop in demand, particularly in transportation, is also leading to a rapidly growing glut in refined products such as jet fuel and gasoline.
https://www.reuters.com/article/us-global-oil/u-s-oil-reverses-losses-posts-largest-one-day-gain-on-record-idUSKBN21604E
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
#8476685 at 2020-03-19 17:05:29 (UTC+1)
Q Research General #10853: Potus Trolling The Press Edition
Fed Expands Dollar Swap Lines With Nine More central banks Amid Unprecedented Dollar Short Squeeze
As we reported yesterday, one of the recommendations proposed by repo "god" Zoltan Pozsar to restore dollar liquidity and eliminate funding and market stress, was for the Fed to effectively become banker to the entire world in the form of unlimited, 24/7 swap lines with every central bank, not just the current G7, to wit:
The Fed needs to broaden access to the swap lines to other jurisdictions as dollar funding needs are large in Scandinavia, Southeast Asia, Australia and South America, not just in the G-7.
Well, after an overnight session that saw currencies flash crash across Asia, notably the Aussie…
https://www.zerohedge.com/markets/fed-expands-dollar-swap-lines-nine-more-central-banks-amid-unprecedented-dollar-short
#8475096 at 2020-03-19 15:02:45 (UTC+1)
Q Research General #10851: Witness One of the Largest Criminal Investigations in Modern Day History
bank of England Joins Panic Parade With Emergency Rate Cut To 0.1%, Boosts QE By £200B
and the hits just keep coming….
If traders are looking for central bankers to calm nerves they will have to wait, because in the past two days not an hour seems to pass without some central bank freaking out and announcing an emergency easing measure, many of which pulled right out of the global financial crisis playbook. And sure enough, moments ago the bank of England - in its second emergency move of the Global Covid Crisis - joined the overnight parade of similarly panicking RBA, ECB, BOJ and Fed, when it announced that as part of its covid-19 response it would cut rates to 0.1% from 0.25% in a unanimous emergency move, and boost QE, increasing its holdings of UK government bonds and sterling non-financial investment-grade corporate bonds by £200 billion to a total of £645 billion.
As FX strategist Viraj Patel notes, the "BoE previously saw QE as a credit-easing measure too at times of market stress. So makes sense. BoE have now laid their cards on the table. Not a lot left in the monetary tank"
-Go big or go home from bank of England. 15bps cut & £200bn QE (mainly govt bonds). Big purchases. BoE previously saw QE as a credit-easing measure too at times of market stress. So makes sense. BoE have now laid their cards on the table. Not a lot left in the monetary tank $GBP pic.twitter.com/Bs0ibnsnlr
- Viraj Patel (@VPatelFX) March 19, 2020
Perhaps in this context, it is not that strange that this announcement had virtually no effect on either the GBP, which remains depressed after its fastest drop in history, or on asset prices.
The full release is below:
Monetary Policy Summary for the special Monetary Policy Committee meeting on 19 March 2020
The spread of Covid-19 and the measures being taken to contain the virus will result in an economic shock that could be sharp and large, but should be temporary. The role of the bank of England is to help to meet the needs of UK businesses and households in dealing with the associated economic disruption.
On 11 March, the bank of England's three policy committees announced a package of measures to support UK businesses and households through this period. In his Budget on the same day, the Chancellor of the Exchequer announced a number of fiscal measures with the same aim. On 17 March, this combined package of measures was complemented by the announcement by HM Treasury of the Covid-19 Corporate Financing Facility (CCFF), for which the bank will act as HM Treasury's agent. By purchasing commercial paper, the CCFF will provide funding to non-financial businesses making a material contribution to the UK economy to support them in paying salaries, rents and suppliers while experiencing the likely disruption to cashflows associated with Covid-19.
In light of actions to tackle the spread of the virus, and evidence relating to the global and domestic economy and financial markets, the Monetary Policy Committee (MPC) held an additional special meeting on 19 March. Over recent days, and in common with a number of other advanced economy bond markets, conditions in the UK gilt market have deteriorated as investors have sought shorter-dated instruments that are closer substitutes for highly liquid central bank reserves. As a consequence, UK and global financial conditions have tightened.
At its special meeting on 19 March, the MPC judged that a further package of measures was warranted to meet its statutory objectives. It therefore voted unanimously to increase the bank of England's holdings of UK government bonds and sterling non-financial investment-grade corporate bonds by Stg 200 billion to a total of Stg 645 billion, financed by the issuance of central bank reserves, and to reduce bank Rate by 15 basis points to 0.1%. The Committee also voted unanimously that the bank of England should enlarge the TFSME scheme, financed by the issuance of central bank reserves.
The majority of additional asset purchases will comprise UK government bonds. The purchases announced today will be completed as soon as is operationally possible, consistent with improved market functioning. The bank will issue further guidance to the market in due course.
We wonder which central bank will panic next, and if the market will actually notice this time.
https://www.zerohedge.com/markets/bank-england-joins-panic-parade-emergency-rate-cut-01-boosts-qe-ps200
#8474246 at 2020-03-19 13:27:35 (UTC+1)
Q Research General #10850: Buy Stocks in Ankle Monitors Edition
Federal Reserve News
Federal Reserve announces the establishment of temporary U.S. dollar liquidity arrangements with other central banks
The Federal Reserve on Thursday announced the establishment of temporary U.S. dollar liquidity arrangements (swap lines) with the Reserve bank of Australia, the Banco central do Brasil, the Danmarks Nationalbank (Denmark), the bank of Korea, the Banco de Mexico, the Norges bank (Norway), the Reserve bank of New Zealand, the Monetary Authority of Singapore, and the Sveriges Riksbank (Sweden). These facilities, like those already established between the Federal Reserve and other central banks, are designed to help lessen strains in global U.S. dollar funding markets, thereby mitigating the effects of these strains on the supply of credit to households and businesses, both domestically and abroad.
These new facilities will support the provision of U.S. dollar liquidity in amounts up to $60 billion each for the Reserve bank of Australia, the Banco central do Brasil, the bank of Korea, the Banco de Mexico, the Monetary Authority of Singapore, and the Sveriges Riksbank and $30 billion each for the Danmarks Nationalbank, the Norges bank, and the Reserve bank of New Zealand. These U.S. dollar liquidity arrangements will be in place for at least six months.
The Federal Reserve also has standing U.S. dollar liquidity swap lines with the bank of Canada, the bank of England, the bank of Japan, the European central bank, and the Swiss National bank.
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200319b.htm
Fed Boosts Daily QE By 66% Overnight To Record $75 Billion In One Day
Overnight saw the addition of yet another four-letter-acronym bailout fund from The Fed but signals from the market suggest that they are once again losing control of the dollar-shortage-driven liquidity crisis as the FRA-OIS spread has started to rise sharply once again. So, what does The Fed decide to do?
Simple - increase its daily QE buying of bonds by 66%, buying a record $75 billion of US Treasury bonds each of today and tomorrow. The bank had initially planned to purchase $50b of Treasuries on those days.
The buying is spread across 7 operations as listed below:
-9:40 - 10:00 am: Treasury Coupons 7 to 20 year sector, for around $6 billion
-10:30 - 10:50 am: Treasury Coupons 4.5 to 7 year sector, for around $11 billion
-11:20 - 11:40 am: Treasury Coupons 2.25 to 4.5 year sector, for around $17 billion
-12:10 - 12:30 pm: Treasury Coupons 0 to 2.25 year sector, for around $25 billion
-1:00 - 1:20 pm: Treasury Coupons 20 to 30 year sector, for around $9 billion
-1:50 - 2:10 pm: TIPS 1 to 7.5 year sector (Thursday)/TIPS 7.5 to 30 year sector (Friday), for around $7 billion
Just for some context, that is more than one month of 'old QE' in one day!!
https://www.zerohedge.com/markets/fed-boosts-daily-qe-66-overnight-record-75-billion-one-day
#8472718 at 2020-03-19 07:11:28 (UTC+1)
earch General #10848: What ''Are'' the Real Origins of the Kung Flu? Edition
BoE's Bailey To Print Unlimited Money, Tells Short Sellers "Just Stop" Amid Covid-19 Chaos
BoE governor Andrew Bailey said on Wednesday that the central bank stands ready to pump unlimited amounts of money into the economy.
Speaking to journalists on a conference call, quoted by Financial Times, Bailey said the central bank is prepared to pump liquidity into markets via its new commercial paper facility. He said this would limit economic damage produced by the virus crisis.
He told members of the financial community that they must stop 'exploiting' vulnerable business by betting against them:
"Anybody who says, 'I can make a load of money by shorting' [aggressively betting on the value of specific companies continuing to fall] which might not be frankly in the interest of the economy, the interest of the people, just stop doing what you're doing."
Bailey made it clear that financial markets will remain open as a sign of confidence. He said firms who are thinking of reducing staff must reconsider because support from the central bank and government can lessen the shock.
He urged firms to "stop, look at what's available, come and talk to us [or] the government before you take that position," adding that support will be supplied to citizens as well.
The hardest-hit UK industries have so far been airliners, retailers, restaurants, movie theaters, and much of the services industry, as it has completely ground to a halt as the government enforces social distancing measures to flatten the curve to slowdown infections. As of 2018, the services sector accounted for at least 80% of the UK economy.
Baily said emergency loans have been available by the central bank to companies that have already fired employees. He told BBC News:
"I would emphasise the point that it's critical that we support the needs of the people in the country."
Baily took the reins from Mark Carney at midnight on Monday and has already faced an economic crisis on par to a decade ago as helicopter money is now needed to save the economy from crashing.
"This is a crisis we're all in. It's an emergency situation," Bailey said.
The BoE is expected to cut interest rates from .25% to .10% and resume quantitative easing when it meets next week. Bailey isn't a supporter of NIRP and has pushed measures to shield businesses and workers from virus impacts.
https://www.zerohedge.com/markets/boes-bailey-print-unlimited-money-tells-short-sellers-just-stop-amid-covid-19-chaos
#8470741 at 2020-03-19 02:49:33 (UTC+1)
Q Research General #10845: United And Strong Edition
Dollar surges, stocks, oil fall as ECB fails to stop panic
The dollar surged, bonds plunged and global markets struggled to find their footing on Thursday as the European central bank's latest promise of stimulus provided only brief solace while the world struggles to contain the coronavirus pandemic. U.S. stock futures EScv1 fell 2%. The Australian dollar was crushed, falling 3.3% to a more than 17-year low, and Asian markets gave up initial gains made after the ECB had announced a bond-buying program. By midmorning, MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS had fallen 4% to an almost four-year low. Australia's benchmark erased an early 3% rise to trade 2% in the red. Korea's Kospi .KS11 fell 6% and the won hit a decade-low even as the central bank was buying dollars to prop up the currency.
Markets in Hong Kong and China fell-Cap#2 Selling extended across almost all asset classes. Benchmark 10-year sovereign bond yields in Australia, New Zealand, Malaysia, Korea and Singapore and Thailand surged. In currency markets, everything except the dollar and - thanks to the ECB, the euro - collapsed. Sterling GBP= fell 1% to $1.1495. The New Zealand dollar NZD=D3 fell 3% to $0.5540 and the Aussie AUD=D3 was pounded to $0.5592. The Reserve bank of Australia is due to make an out-of-cycle policy announcement at 0330 GMT at which it is expected to cut rates and introduce quantitative easing for the first time. U.S. 10-year Treasuries US10YT=RR, usually a haven in times of turmoil, were steady but have suffered their sharpest two-day selloff in nearly 20 years. Gold XAU= is down 3% for the week. https://www.reuters.com/article/us-global-markets/dollar-surges-stocks-fall-as-ecb-fails-to-stop-panic-idUSKBN215459
BOJ Adds Liquidity With $9.2 Billion Unscheduled Bond-Buy Offer
The bank of Japan offered to buy 1 trillion yen ($9.2 billion) of government bonds in another unscheduled operation, keeping up with its pledge to provide liquidity to markets.
The yield on 10-year benchmark bonds extended its decline and was down three basis points for the day at 0.04% after the central bank said it plans to buy debt across the curve with maturities up to 25 years. The yield climbed to its highest level since December 2018 on Wednesday.
https://www.bloomberg.com//news/articles/2020-03-19/boj-adds-liquidity-with-9-2-billion-unscheduled-bond-buy-offer
BOJ Admits It Has Lost 3 Trillion Yen On Its Equity Purchases Despite Literally Printing Money Out Of Thin Air
A week after we reported that the BOJ had bought a record amount of ETFs in a desperate attempt to stabilize its illiquid stock market, where the central bank now owns over 73% of all ETFs, Kuroda bought a whopping 121.6BN yen of ETFs on Tuesday, the most on record, and just one day after the BOJ doubled the upper limit of ETFs it can purchase to 12 trillion yen, without however answering where it will get all those ETFs from. The purchases in its core ETF program jumped by 20% to 120.4BN yen from the previous record of 100.2BN yen; while ETFs bought in the BOJ's "physical and human capital" program - whereby the BOJ directly admits it is rewarding companies for pursuing policies that it finds appealing such as higher jobs - remain at 1.2b yen. Finally, the BOJ's J-REIT purchases rose to 1.5BN yen from 1.2BN yen.
rest at link
https://www.zerohedge.com/markets/boj-admits-it-has-lost-3-trillion-yen-its-equity-purchases-despite-literally-printing-money
https://www.marketwatch.com/investing/index/dxy
https://www.marketwatch.com/tools/marketsummary?region=asia
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://www.bloomberg.com/markets/stocks/futures
#8468308 at 2020-03-18 23:28:56 (UTC+1)
Q Research General #10842: Blunt and Direct For Night Shift Edition
Lagarde Fires Bazooka #2: ECB Announces ?750BN Pandemic Purchase Program
Earlier this afternoon we said that because "the Fed's Bazooka #1 was an epic dud. Here comes Bazooka #2", and this time it is the ECB that will try to fire.
Sure enough, almost three hours later, and just before 1am CET, the ECB announced plans to buy a whopping ?750bn in more bonds in the delightfully named Pandemic Emergency Purchase Program (because we clearly needed another alphabet bailout soup) after holding an emergency call of its rate-setting committee on Wednesday evening in response to the Global Covid Crisis and resulting financial market turmoil.
The central bank said the additional asset purchases - as a reminder last week the ECB expanded its baseline QE - would be carried out by the end of this year, cover both sovereign bonds and corporate debt, and would last until the coronavirus crisis is over.
Just like the Fed, the ECB also expanded the range of eligible assets to non-financial commercial paper and to ease the collateral standards to allow banks to raise money against more of their assets, including corporate finance claims. For those wondering if the ECB would limit itself to A1 and higher CP, like the Fed, the answer is clearly no as per the following: "all commercial papers of sufficient credit quality eligible for purchase under CSPP." What is sufficient? Anything that the ECB says.
It was a bit surprising that the ECB has yet to announce it is buying equities, but we expect that will come in a few days when the STOXX 600 crashes another 20%.
The Governing Council of the ECB is committed to playing its role in supporting all citizens of the euro area through this extremely challenging time. To that end, the ECB will ensure that all sectors of the economy can benefit from supportive financing conditions that enable them to absorb this shock. This applies equally to families, firms, banks and governments.
Then, the central bank which will be directly monetizing even more of Europe's deficit and engaging in state monetary financing which is expressly forbidden by the EU, decided to make a mockery of its permissions, and said that "the Governing Council will do everything necessary within its mandate", which apparently is the new code word for "whatever it takes." This includes increasing "the size of its asset purchase programmes and adjust their composition, by as much as necessary and for as long as needed. It will explore all options and all contingencies to support the economy through this shock."
In recent days, economists have been calling for the ECB to increase its bond-buying programme in particular since the borrowing costs of southern European countries, such as Italy and Greece, rose sharply to levels not seen for more than a year, because somehow the ECB, which is now the world's largest hedge fund and owns billions of Italian and Greek debt, doesn't own enough Italian and Greek debt.
Translation: do the same idiotic thing over and over and hope that this time - just because it is super, turbo huge - it will work.
And just to let the market know it means business, the ECB left off with the following implicit threat to shorts:
To the extent that some self-imposed limits might hamper action that the ECB is required to take in order to fulfil its mandate, the Governing Council will consider revising them to the extent necessary to make its action proportionate to the risks that we face. The ECB will not tolerate any risks to the smooth transmission of its monetary policy in all jurisdictions of the euro area.
In other words, taking a page out of the Elon Musk "burn the shorts"playbook, just because we are not allowed to do something, doesn't mean the ECB won't do it.
https://www.zerohedge.com/markets/lagarde-fires-bazooka-2-ecb-announces-eu750bn-pandemic-purchase-program
#8464967 at 2020-03-18 18:28:48 (UTC+1)
Q Research General #10838: Kung Flu Fighting Edition
Peter Schiff: These Markets Are Rigged
US stock markets enjoyed another Tuesday rebound with the announcement of even more monetary stimulus from the Fed and the hope of government fiscal stimulus and bailouts (only to tumble back limit-down today). In his podcast, Peter Schiff said this should make it crystal clear that the government and central bank are rigging the markets.
There is talk of "helicopter" cash and tax breaks, along with bailouts for the airline industry and small businesses. The proposed stimulus package reportedly totals over $1.2 trillion.
Meanwhile, the Federal Reserve announced additional monetary stimulus measures.
The Fed said it will begin to hold two daily repo operations instead of one. The New York Fed began running repo operations to stabilize overnight lending markets back in September, long before the coronavirus outbreak.
The central bank has also relaunched the so-called Commercial Paper Funding Facility (CPFF), a 2008 financial crisis program that allows companies to take out unsecured, short-term loans. In practice, the Federal Reserve will buy commercial paper directly from companies. The loans will have to be paid back within a year. The US Treasury will provide $10 billion of credit protection to the central bank's commercial paper operation.
To go along with the CPFF, the Fed announced a Primary Dealer Credit Facility offering overnight and term funding with maturities up to 90 days.
In simplest terms, it will allow over-leveraged companies to go into even deeper debt and those loans will be backed by the federal government. Peter called it a bank bailout 2.0.
Loaning money to banks and accepting corporate and muni bonds, plus equities as collateral, so the banks don't have to sell those assets at huge losses, is a bailout. In 2008, I warned the next bank bailout would be even more expensive."
In his podcast on Tuesday, Peter said he thinks the Fed has already committed to spending more money than it did in the entirety of the 2008 financial crisis.
https://www.zerohedge.com/markets/peter-schiff-these-markets-are-rigged
#8462801 at 2020-03-18 15:25:50 (UTC+1)
Q Research General #10835: SQQN The Day The Dragon Dies Forever Edition
Latin American Currencies Crushed as Oil Prices Plunge
WTI now below $23/pbl-cap#2
Plummeting oil prices and the rapidly spreading coronavirus outbreak hammered Latin American currencies on Wednesday.
Mexico's peso, the region's most-traded currency, led declines, slumping 4.2% to a record against the dollar as of 10:45 a.m. New York time. The Brazilian real followed with a 2.4% drop, while Chile's peso fell 1.5%.
Only the Colombian peso eked out a gain, edging higher after a five-day, 9.5% freefall. Mexico's peso is among the most exposed as investors typically use the currency – which trades 24 hours a day – as a proxy for broader risk sentiment. Add to that the currency's reliance on high Mexican rates amid increasing pressure on the country's central bank to deliver a cut and investors have every reason to feel skittish. A rate cut is also expected in Brazil later today, which should dampen the attractiveness of the currency even more.
The peso and real are the worst performers among Latin American peers since the outbreak of the virus in mid-January, with the former down 21.7% and the latter down 18.2%. A non-stop rout in commodities, emerging-market stocks and finally developed-nation equities have all contributed to the sell-off, even as central banks in both nations rolled out currency intervention programs.
The spread of the coronavirus has roiled global markets and added to investor fears of a world-wide growth slowdown. Commodity exporters like Chile have also been hard-hit amid concern that demand will drop.
https://www.bloomberg.com//news/articles/2020-03-18/latin-american-currencies-crushed-as-oil-prices-plunge
#8462650 at 2020-03-18 15:12:25 (UTC+1)
Q Research General #10835: SQQN The Day The Dragon Dies Forever Edition
>>8462570
You are right you know.
I manged to redpill normies on central banking and currencies.
As i'm the 'conspiracy dude' I said "you know Corona could be a cover for taking over central banks, central banking causes lots of problems"
central bank?
Yeah, Who owns the bank of England?
>Muh Britfag
The Gubbiment do.
Cue me, giving a quick lesson on fiat currency, and how central banking stole all the metals years ago, giving us pieces of paer in return.
They really listened and asked questions.
>Feels good man.
#8461562 at 2020-03-18 13:13:41 (UTC+1)
Q Research General #10833: They Will Not Go Quietly Into The Night Edition
How is the cabal tied to China?
We're freeing the world.
So we have to find their connections to China, and the strings that they pull there.
China has a central bank.
https://worldpopulationreview.com/countries/countries-without-central-banks/
Rothschilds started their involvement with China in the 1830s, and one of the first in to re-establish connections after 1953.
https://www.rothschildandco.com/en/greater-china/
Chairman Mao, the founder of Communist China was helped or "handled" by a recently-deceased American Jew named Sidney Rittenberg, a linguist in AMERICAN MILITARY INTELLIGENCE. He wrote for China's media under Mao. He was a member of the Communist party. He wrote a book, "The Man Who Stayed Behind".
https://www.nytimes.com/2019/08/24/world/sidney-rittenberg-dead.html
https://www.theatlantic.com/china/archive/2013/12/the-american-who-gave-his-life-to-chairman-mao/282647/
https://en.wikipedia.org/wiki/Sidney_Rittenberg
https://www.bbc.com/news/world-asia-pacific-13974472
An author named Song Hongbing wrote a bestseller in China in 2007, which exposed the control the Rothschild banking industry had in consolidating the world's wealth (and government), and laid out the family's financial interests and threats in China. This seemed to piss off the Rats.
http://www.thechinamoneyreport.com/2015/07/31/the-rothschilds-in-china/
That article also indicates Rats are involved in Alibaba. Exporter of and facilitator of sales of, cheap chinese goods. That have helped to wreck US manufacturing and retail.
The Rats prepared China to be the next world power, and replace the US.
https://www.youtube.com/watch?v=kMn2L2cp1OU
And p.s., the Rothschild Company has a very tarot-looking 5 of Arrows as their logo, that seem to be intersecting in the center of a negative spaced circle (globe)
#8461287 at 2020-03-18 12:38:23 (UTC+1)
Q Research General #10833: They Will Not Go Quietly Into The Night Edition
Poland Pledges Stimulus Worth 9% GDP to Combat Virus Fallout
Poland announced a rescue package designed to shield the economy from the impact of the coronavirus that will cost around 212 billion zloty ($52 billion), or roughly 9% of gross domestic product.
The plan to support entrepreneurs and protect the labor market envisages holidays in debt repayments and social contributions, loan guarantees as well as payments of salaries to those unable to work, President Andrzej Duda and Prime Minister Mateusz Morawiecki said at a joint conference in Warsaw on Wednesday.
"We want to get through the next few, critical months intact," Morawiecki said. "This is a shield that is to give hope that things will get better soon."
The stimulus package, which will be fast-tracked through parliament, follows this week's emergency interest-rate cut and includes a 70 billion zloty liquidity injection from the central bank. Poland's battered stocks climbed and the zloty currency weakened 0.4% against the euro following the announcement.
In a bid to slow the spread of the virus, the government has shut borders and shopping centers, bars and restaurants. The restrictions may push Poland into its deepest recession since the early 1990s, according to Morgan Stanley.
Key measures of the plan include:
-Holidays for social security contribution payments
-Guarantees worth up to 80% of loan value for companies
-Gas, power bill payment holidays for some clients
-Creating a 30 billion zloty infrastructure investment fund
-State payments, covering 40% of salaries, for companies that will be impacted by drops in sales, losses
-Temporary suspension of Sunday trade ban
-State agency will seek to take over payments of leasing from transport companies
https://www.bloomberg.com//news/articles/2020-03-18/poland-pledges-52-billion-stimulus-injection-to-fight-virus
#8455061 at 2020-03-17 23:27:29 (UTC+1)
Q Research General #10825: St. Pepe's Day Edition
Fed officials flag possible further steps in Fed crisis response
Federal Reserve officials are deliberating over next steps in their response to the fallout from the coronavirus epidemic, with some urging a broad debate about how the central bank might help small and medium-sized businesses, policymakers said on Tuesday. "At this stage everything is on the table. … Work continues," Atlanta Federal Reserve bank President Raphael Bostic said in a phone interview with journalists, just hours after the Fed restarted a key lending program to ensure larger companies can get the short-term loans they often use to pay wages and buy supplies.
A possible next step, Bostic said, could be the resumption of other programs rolled out during the 2007 to 2009 financial crisis, such as the Term Auction Facility that broadened the ability of banks to borrow from the Fed.
Bostic said he hoped for a broader discussion about how the federal government "writ large" might help small businesses, perhaps with a program, likely outside the Fed, to offer assurances or guarantees for rent and lease payments so that a temporary cash crunch does not lead to a business getting evicted.
"These challenges are going to be acute and are going to come fast," for restaurants, bars and other small firms that may be closed by government edict as a health measure or see their business collapse as their patrons practice "social distancing," Bostic said. "This is something we need to think about and be creative."
Discussions in Washington continued throughout the government on Tuesday, including a call by House of Representatives Speaker Nancy Pelosi with Fed Chair Jerome Powell. Pelosi, a Democrat, asked the central bank to also think how it might help local governments deal with the economic shock that is developing.
The Fed rolled out an extensive set of measures in recent days designed to lessen the economic damage from the epidemic, which Bostic said was meant to show that "maximum" stimulus will be provided until the crisis passes.
Fed officials on Tuesday began discussing their actions in more detail, urging banks to tap Fed facilities if needed and highlighting how uncertain the outlook remains.
"Come and get what you need to keep the funds flowing," Philadelphia Federal Reserve President Patrick Harker said in an interview.
Minneapolis Federal Reserve President Neel Kashkari said on CNN International that his base case for the U.S. economy is a mild recession, but "many businesses are going to be under tremendous strain, probably laying off many of their workers, and so this is quickly going to become an economic crisis."
https://www.reuters.com/article/us-health-coronavirus-fed-bostic/fed-officials-flag-possible-further-steps-in-fed-crisis-response-idUSKBN2143WN
Term Asset-Backed Securities Loan Facility (TALF)
Term Asset-Backed Securities Loan Facility, or TALF, was a program created by the U.S. Federal Reserve in November, 2008 to boost consumer spending in order to help jump-start the economy. This was accomplished through the issuance of asset-backed securities. The collateral for these securities was made up of auto loans, student loans, credit card loans, equipment loans, floor plan loans, insurance premium finance loans, loans guaranteed by the Small Business Administration, residential mortgage servicing advances, or commercial mortgage loans. Backing for these loans came from funds provided by the Federal Reserve bank of New York.
https://www.investopedia.com/terms/t/talf.asp
So they are setting this up to start taking EVERYTHING ala 2008.
#8452754 at 2020-03-17 20:12:01 (UTC+1)
Q Research General #10822: The "First" Scoot Parade Edition
>>8452700
Crappy misleading meme.
The hidden enemy is not a virus
It is the banksters at the top of the financial system
The gnomes of Zurich
The BIS and IMF
Actions in the USA are mostly about cutting the flow of embezzled money into their coffers.
But the big battle is being fought with the Fed and other central bank actions.
#8452682 at 2020-03-17 20:05:22 (UTC+1)
Q Research General #10822: The "First" Scoot Parade Edition
>>8452481 (lb)
>Why do anons keep linking IRS and Fed Reserve? One is a gov't agency and the other is a private bank owned by other private banks (with exclusive rights to issue currency). Bonus points if you know which is which. Morans.
The second plank of the central platform of the Communist Manifesto is A Steep, Progressive Income Tax.
The fifth plank of the central platform of the Communist Manifesto is a central bank, with all credit creation in the hands of the State.
Both of these things happened here in 1913 – 4 years before the Bolshevik Revolution. The State issues debt securities, the central bank "monetizes" it, and the We The Peons pay the interest in the form of Income Taxes.
The two are inextricably intertwined.
#8448316 at 2020-03-17 12:30:51 (UTC+1)
Q Research General #10816: In The Heart Of The Earth Edition
ECB Provides banks With $120 Billion to Prevent Squeeze
banks took 109.1 billion euros ($120 billion) from the European central bank in the first installment of interim financing designed to prevent money markets from seizing up during the coronavirus pandemic.
The cash is part of a package of measures the ECB unveiled last week that also included an increase in bond-buying and more favorable terms for its targeted long-term lending program from June.
Until those become available, the central bank is offering weekly operations as a stopgap measure. The interest rate is fixed at the average deposit rate – currently minus 0.5% – over the life of the loan. Some 110 banks took part in this week's 98-day offering. With governments shutting schools and borders across the euro area to contain the spread of the deadly virus, the 19-nation economy is all but certain to fall into recession. The ECB has said that while there were no material signs of liquidity shortages in the banking system, the new operations will "provide an effective backstop if necessary."
https://www.bloomberg.com//news/articles/2020-03-17/ecb-provides-banks-with-109-billion-euros-to-prevent-squeeze
#8446891 at 2020-03-17 06:36:17 (UTC+1)
Q Research General #10814: The Funkalicious Get Dawn - We Ain't Sleepin' Edition
>>8446862
Time for the banks to fall?
https://youtu.be/KxqhFpnQ8Sc
https://www.wealthdaily.com/articles/why-the-mainstream-media-won-t-expose-the-central-bank-scam/89831
#8446862 at 2020-03-17 06:30:24 (UTC+1)
Q Research General #10814: The Funkalicious Get Dawn - We Ain't Sleepin' Edition
central banking is Socialism
Last week, the Federal Reserve responded to Wall Street's coronavirus panic with an "emergency" interest rate cut. This emergency cut failed to revive the stock market, leading to predictions that the Fed will again cut rates later this month.
More rate cuts would drive interest rates to near, or even below, zero. Lowering interest rates punishes people for saving, thus encouraging consumers and businesses to spend every penny they make. This may give the economy a short-term boost. But, it inhibits long-term economic growth by depleting the savings necessary for investments in businesses and jobs. The result of this policy will be more pressure on the Fed to indefinitely maintain low interest rates and on the Congress and president to create another explosion of government "stimulus" spending.
Boston Federal Reserve President Eric Rosengren has suggested that Congress allow the Federal Reserve to add assets of private companies to the Fed's already large balance sheet. Allowing the central bank to buy assets of, and thus assume a partial ownership interest in, private companies would give the Federal Reserve even greater influence over the economy. It could also allow the Fed to advance a political agenda by, for example, favoring investment in "green energy" companies over other companies or refusing to purchase assets of retailers who sell firearms or tobacco products.
Mr. Rosengren's proposal to allow the central bank to "invest," in private companies seems like something one would hear from democratic socialists like Senator Bernie Sanders. This is not surprising since the entire Federal Reserve system is a textbook example of socialism.
The essence of socialist economics is government allocation of resources either by seizing direct control of the "means of production" or by setting prices business can charge. Federal Reserve manipulation of interest rates is an attempt to set the price of money. Federal Reserve attempts to set interest rates distort the signals sent by the rates to investors and business. This results in a Fed-created boom, which is inevitably followed by a Fed-created bust.
Economic elites benefit when the Federal Reserve pumps new money into the economy because they have access to the money created before there are widespread price increases. Artificially low interest rates also facilitate the growth of the welfare-warfare state.
The Federal Reserve's inflationary policies harm the average American by eroding the dollar's purchasing power. This forces consumers to rely on credit cards and other forms of debt to maintain their standard of living. Many Americans are unable to afford their own homes because they are saddled with student loan debt that can even exceed their income.
Since the bailouts of 2008, there has been a growing understanding that the current system is rigged in favor of the elites and against the average American. Unfortunately, popular confusion of our system of Keynesian neoliberalism with a free-market economy, combined with a widespread entitlement mentality, has led many Americans to support increasing government control of our economy.
The key to beating back the rising support for socialism on both the left and right is helping more people understand that big government and central banking are the cause of their problems and that free markets in all areas - and especially in money - is the solution. It is important that the liberty movement put pressure on Congress to cut spending and rein in or, better yet, end the Fed.
http://www.ronpaulinstitute.org/archives/featured-articles/2020/march/09/central-banking-is-socialism/
#8446833 at 2020-03-17 06:25:42 (UTC+1)
Q Research General #10814: The Funkalicious Get Dawn - We Ain't Sleepin' Edition
Greece & EUROLEAKS - A Brief Summary:
In 2015, Varoufakis was the chief negotiator for then-ruling Syriza party, dealing with the Eurogroup and those behind it - the so-called 'troika.' It comprises the three main lenders of the eurozone nations - the European Commission, the European central bank and the International Monetary Fund.
While the Eurogroup is de-jure an informal group, it is actually a powerful decision-making institute that lacks accountability and transparency - and does not keep any records. The main goal in releasing the recordings is to shed light on its secretive activities, Varoufakis said in a video announcing the Euroleaks. "The Eurogroup's three does not keep minutes, the European Union Council is still shrouded in total opacity. It's about time we change that."
The lenders took a tough, 'take it or leave it' stance on Greece, effectively presenting it with an ultimatum. At the same time, they blamed Greek negotiators for stalled talks - and no records were available to prove them wrong.
"You will hear the [then-]president of the Eurogroup [Jeroen Dijsselbloem] and other ministers warn me that if I dare table written proposals within the Eurogroup meetings, that would be the end of the negotiations. At the very same time they were leaking to the press that I was arriving at Eurogroup meetings without any proposals."
Apart from bringing into the limelight the "intransparent action by an unelected group of politicians who influence all our lives," the leaks also serve another purpose. The putting in the public domain of the secret recordings is aimed at fighting attempts by the incumbent Greek government to "weaponize fake news," produced by the Eurogroup back in 2015 to justify new austerity measures for the country, Varoufakis said.
Comment: Varoufakis was told "the Eurogroup does not exist in law", therefore he could have no objections to whatever its dominant members decreed. Of course they do not want their dealings on record. 'We rule, you comply. We pillage, you submit.'
See also:
United States of Europe: New German Reich crushes Greece
Here we go again: EU won't unlock further funding to Greece
The money game continues: Eurogroup reaches 'breakthrough deal' on $11bn Greek bailout payment
Greece & Eurogroup creditors agree key economic reforms
Eurogroup treachery and Varoufakis's revolutionary plan for Europe
Greece closes banks, imposes capital controls
#8444342 at 2020-03-17 01:30:19 (UTC+1)
Q Research General #10811: Russian Interference BTFO Edition
>>8444236
Let that fan out
>>8444239
An intriguing Ministry of Finance (MoF) report circulating in the Kremlin today says that elite Western bankers were "stunned/bewildered" a few hours ago after the bank For International Settlements (BIS) registered a $1.8 billion transfer from the Clinton Foundation (CF) to the Qatar central bank (QCB) through the "facilitation/abetment" of JP Morgan Chase & Company (JPM)-and for reasons yet to be firmly established.
#8442264 at 2020-03-16 22:36:36 (UTC+1)
Q Research General #10808: DemaRats For Twatt Edition
>>8441953
Don't forget, We have the power of the vote to get rid of the elite's dem minions in Congress and state governments. This market tossing is a bunch of rich bastards having temper tantrums because POTUS has such strong backing from "We the People".
Recessions cause personal hardships, but the country survives them and things get better. The difference this time is that if there is another, we have a POTUS who will put the blame squarely on the FED and its rotten, greedy investment bank and other billionaire cohorts.
We the people have been forced to give trillions to financial institutions who have been unable to manage their businesses properly. In return, in any country with a central bank, they continue to behave like selfish nitwits and ignore what is sane policy for the people of the country's where they reside.
Vote for POTUS and other nation loving leaders and vote out self serving central bankers.
#8439332 at 2020-03-16 18:55:27 (UTC+1)
Q Research General #10804: Anon Salute to Gen Chaos and Adm Rogers Edition
>>8439209
>England's central bank Governor retires
Coincidence?
#8438389 at 2020-03-16 17:17:21 (UTC+1)
Q Research General #10803: Semper Vigilans For God and Country Edition
Employee At BIS' Basel Headquarters Infected With Coronavirus, Nine Others Exposed
Frequent readers will know the bank of International Settlements as not only the central banks' central bank and ultimate financial regulator, but also as the (not so) secretive group…
… which runs the world out of Conference Room E in the ominous circular tower block next to the Basel train station (strategically located to provide a quick and easy exit if things ever get heated), where the world's top central bankers meet every other month on Sunday evenings at 7pm to determine the fate of the world.
Others will recall the BIS as the employer of Benoit Gilson, the man who runs the BIS' trading desk and is in charge of both FX and gold, and who judging by his "green" light today, is likely quite busy.
https://www.zerohedge.com/markets/employee-bis-basel-headquarters-infected-coronavirus-nine-others-exposed
#8436418 at 2020-03-16 13:36:34 (UTC+1)
Q Research General #10801: Saddle Up Anons. Gonna Be A Week Edition
Morning market Report
Markets have start at 'Limit Down' moar here
>>8432982 pb Plunging stock market futures hit 'limit down' - Here's what that means
(Silver/Gold smashed as whatever is not tied to the floor is being liquidated and sold-keep in mind these are paper trades going off and even though the price is dropping large your delivery times to recieve your metals will now increase dramtically)
see this as they are now using the lockdown as the excuse to why they will have an issue
LME (London Metals Exchange) May Have a Paper-Filing Problem If U.K. Goes on Lockdown
https://www.bloomberg.com//news/articles/2020-03-16/lme-may-have-a-paper-filing-problem-if-u-k-goes-on-lockdown
Stock markets and oil prices continued to nose-dive on Monday after the second emergency cut in U.S. interest rates in as many weeks - effectively to zero - and supportive measures from all corners failed to quell coronavirus fears. central banks across Asia and Europe also cut borrowing costs and pumped funds into the system in a bid to cushion the economic impact as the breakneck spread of the virus all but shut down more countries. But they had limited success in calming panicky investors. Hong Kong, New Zealand and Korea cut rates but China did not…opting to "print" instead. The Fed's emergency 100 basis point rate cut on Sunday was followed on Monday by further policy easing from the bank of Japan in the form of a pledge to ramp up purchases of exchange-traded funds and other risky assets.
Summary of BoJ response: The central bank will double its upper limit of annual purchases of exchange traded funds to 12 trillion yen ($112.46 billion) and of real-estate investment trusts to 180 billion yen per year. It will also expand its upper limit of its corporate bond balance to 4.2 trillion yen and its commercial paper balance to 3.2 trillion yen, each up 1 trillion yen. In addition, it will start a lending program for commercial banks, providing them with one-year loans in exchange for corporate collateral worth 8 trillion yen. The Nikkei Stock Average spiked upward for a short period of time after the announcement before dropping to close 2.46% lower than it did on Friday
New Zealand's central bank shocked by cutting rates 75 basis points to 0.25%, while the Reserve bank of Australia (RBA) pumped more money into its financial system. South Korea and Kuwait both cut rates while Russia and Germany were throwing together multi-billion dollar anti-crisis funds.
LSE gets U.S. nod for Refinitiv deal
The London Stock Exchange Group (LSE.L) said on Monday it had gained approval from the U.S. Committee on Foreign Investment for its $27 billion takeover of analytics firm Refinitiv, judging there were no national security concerns with the deal. LSE said it remained committed to closing the deal during the second half of 2020. Refinitiv is 45%-owned by Thomson Reuters which owns Reuters News
https://www.reuters.com/article/us-lse-m-a-refinitiv/lse-gets-u-s-nod-for-refinitiv-deal-idUSKBN2131Y2
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.bloomberg.com/markets/stocks/futures
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://www.kitco.com/charts/livesilver.html
https://asia.nikkei.com/Economy/BOJ-expands-monetary-stimulus-to-defend-economy-from-coronavirus
https://www.marketwatch.com/investing/index/dxy
#8435653 at 2020-03-16 11:21:06 (UTC+1)
Q Research General #10799: Faithful Anons Take A Moment To Honor Admiral Rogers Edition
>>8435322 lb
Like Noname, Newt Gingrich too bows to Maryam Rajavi, leader of the Marxist exiled Iranian terror cult MEK/MKO.
Bipartisan Deep State support for MEK for a long time to overthrow Iran gov and install Rothschild central bank. HRC/Obama admin took MEK off the FTO list in 2012. MEK is trafficking from ME?
See www.oiac.org for DS clowns.
#8432624 at 2020-03-16 03:19:08 (UTC+1)
Q Research General #10796: Sunday Evening Edition
>>8432425
I think that these central bank actions and those of the BIS in Switzerland, are what we should be watching, because there seems to be a global redistribution of wealth and power under way.
I won't say that it is the ONLY reason for the COVID crisis, but I think that it is a big part of it. Remember that these central banks are supposed to be independent and only act based on PUBLIC info that all investors have access to. But they have been privately colluding and now their only comms are personal couriers or face to face meetings. The border controls either block these, or make them visible to intelligence agencies who can therefore monitor those conversations. In a way, the USA is clawing back money that was stolen.
And at the same time many other criminals are exposed, especially the muscle which has to travel physically in order to put pressure on people, or to kill people. MS13 still sends muscle to the USA, for instance.
And at the same time, there a bunch of fake activities happening to keep the Cabal leaders on edge and guessing at what is around the corner. They are feeling the pain in more ways than one.
#8432516 at 2020-03-16 03:09:23 (UTC+1)
Q Research General #10796: Sunday Evening Edition
China Adds Cash to banking System, Keeps Interest Rate Unchanged
China's central bank added to its growing list of measures aimed at countering the economic fallout from the spreading virus, injecting $14.3 billion into the financial system. The People's bank of China offered 100 billion yuan via the one-year medium-term lending facility, keeping the rate unchanged at 3.15%. There were no loans coming due Monday. The central bank refrained from injecting liquidity with short-term reverse repurchase agreements for a 20th straight day. The move follows the PBOC's widely-expected announcement late Friday that it will trim the amount of cash some lenders must hold in reserve. The cut, which is also effective from Monday, will free up about 550 billion yuan of liquidity in the financial system.
China's 10-year government bond futures erased an earlier gain of as much as 0.32% to trade little changed after the PBOC move. The yield on sovereign notes due in a decade dropped 2 basis points to 2.67%, paring a decline of as much as 4 basis points.
Policymakers around the world are taking steps to shore up confidence in financial markets, which are undergoing a sell-off in many ways unseen seen since the global financial crisis in 2008. In the U.S., the Federal Reserve slashed its main rate to zero on Sunday, matching a record low it was last at in 2015. central banks in Asia and Europe have also stepped up measures in a bid to keep markets functioning and economies growing.
https://www.bloomberg.com//news/articles/2020-03-16/china-adds-cash-to-banking-system-keeps-interest-rate-unchanged
#8432425 at 2020-03-16 02:59:57 (UTC+1)
Q Research General #10796: Sunday Evening Edition
BOJ Announces It Will Bring Thursday's Policy Meeting To Noon Monday: Nikkei Jumps, Yen Drops
With the Fed telegraphing an all out capital markets panic as the Fed could not wait a mere three days until the scheduled FOMC meeting to rush out the biggest monetary bazooka in history which proved to not be enough, the rest of the developed world's central banks had no choice but to fall in line - after all if, one panics, all must panic. And sure enough, early on Sunday, the bank of Japan announced it will hold an emergency meeting at noon local time, raising investor sentiment about global policy coordination amid the spread of the new coronavirus, and helping spike the Nikkei 225 up 1.6% on Monday morning, although the index has since given up much of the gains.
The bank of Japan announced on Monday morning that like the Fed, it too will move its policy meeting up to Monday afternoon rather than on Thursday as initially planned, as part of concerted efforts worldwide to shore up the global economy.
Tokyo's Nikkei Stock Average jumped nearly 300 points to 17,726, its first rise in four days after a turbulent week that sent global stock markets crashing over fears of a global economic slowdown, as the coronavirus pandemic hits global supply chains while cases continue to surge in Europe and the U.S. However it then quickly pared all gains before dipping modestly in the green.
After the BOJ's announcement, the yen declined 0.92 yen to 106.92 after surging as highas 105.80 per U.S. dollar as investors pinned hopes on monetary easing, driving demand for the dollar. However, in light of the $12 trillion dollar global margin call, we expect to see the yen, a global risk-off proxy, surge much, much higher before the day is done.
While it is unclear just what additional credible steps the BOJ can offer, Takahide Kiuchi, a former BOJ policy board member writes that Kuroda will likely raise its annual purchase of ETFs funds to 9 trln yen from the current 6 trln yen, which however means that the central bank will simply end up nationalizing the market much faster than previously scheduled. The central bank could also theoretically lower its short-term interest rate target to minus 0.2% from minus 0.1% according to Kiuchi, now executive economist at Nomura Research Institute, although with Japan's banks already screaming at the torture of years of NIRP, all this action will do is bring forward the demise of Japan's banking sector.
Which is precisely why Japan's Kuroda is now completely trapped.
https://www.zerohedge.com/markets/boj-announces-it-will-bring-thursdays-policy-meeting-noon-monday-nikkei-jumps-yen-drops
#8432290 at 2020-03-16 02:44:55 (UTC+1)
Q Research General #10795: As The World Turns Edition
Australia's central bank dumps emergency $6 billion into banking system as coronavirus hits financial markets
The Reserve bank has pumped extra liquidity into the banking system, part of a package of measures aimed at ensuring business and households have access to credit as the coronavirus causes chaos in global financial markets.
The RBA used its daily money market operation to add $5.9 billion to the system through regular repurchase agreements, well above its original intention of $2.5 billion.
That followed an injection of $8.8 billion on Friday, which had left commercial banks with a hefty $10.7 billion of surplus cash held at the RBA.
Monday's operations ranged from four days to 93 days, with $4.6 billion going at the longest maturity.
Earlier, the RBA said it will be conducting one-month and three-month repurchase (repo) operations until further notice.
It will also conduct repo operations of six-months maturity or longer at least weekly, as long as market conditions warrant, as part of a package of liquidity measures from Australia's Council of Financial Regulators (CFR).
The CFR said financial regulators and the government were working closely together to help ensure financial markets continue to operate effectively and that credit is available to households and businesses.
The steps followed a move by major central banks to offer global markets cheap US dollar funding, while the US Federal Reserve cut its interest rates by 100 basis points to between 0 and 0.25 per cent in another emergency move on Sunday.
https://www.9news.com.au/national/coronavirus-outbreak-rba-dumps-emergency-6-billion-into-banking-system/a010e5b8-0e8c-4802-a377-e0b449a7c7b3
#8430373 at 2020-03-16 00:16:00 (UTC+1)
Q Research General #10793: Fear Pron? Edition
Obama and the DS and the LYing MSM are going to be pizzed…The ONLY thing that kept Obama's economy afloat was 0% interest rates for 8 YEARS…Where is Paul V when ya need him…KEK
US Federal Reserve Cuts Interest Rate to Zero As Part of Wide-Ranging Emergency Economic Aid
The Federal Reserve's benchmark US interest rate was slashed on Sunday to a range of 0 to 0.25 percent, down from a range of 1 to 1.25 percent. The move - that has been much-anticipated by US President Donald Trump - is a bid to tackle the ongoing economic fallout caused by the spread of the Chinese-spawned coronavirus.
The central bank also announced that it would re-start its "quantitative easing" - a step that the American economy took earlier during 2008's Great Recession in a bid to get money flowing in markets.
"Consistent with its statutory mandate, the [Federal Open Market] Committee seeks to foster maximum employment and price stability. The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook. In light of these developments, the Committee decided to lower the target range for the federal funds rate to 0 to 1/4 percent", The US Federal Reserve System said in a statement on Sunday, adding that it was "encouraging banks to use their capital and liquidity buffers as they lend to households and businesses who are affected by the coronavirus".
https://sputniknews.com/us/202003151078574584-us-federal-reserve-cuts-interest-rate-to-zero-as-part-of-wide-ranging-emergency-economic-aid/
#8429113 at 2020-03-15 22:26:43 (UTC+1)
Q Research General #10791: No Sleep Till Gitmo Edition
i never thought jay powell's bosses in europe who own our central bank would ever let lower rates to zero.
hopefully his dad isn't at the same soldiers and sailors home as mcmaster's was.
#8428645 at 2020-03-15 21:42:05 (UTC+1)
Q Research General #10791: No Sleep Till Gitmo Edition
Fed Panics: Powell Cuts Rates To Zero, Announces $700BN QE5, Unveils Enhanced Global Swap Lines
With Wall Street desperate for the Fed to announce emergency measures on Sunday (after disappointing last week), and ideally before the futures open, Jerome Powell did not disappoint and moments ago the Fed announced a barrage of emergency measures which included:
Welcome back ZIRP: Fed cuts rates by 100bps to 0-25bps from 1.00 -1.25bps. This is in addition to the 50bps rate cut on March 3, which means that in just under two weeks the Fed has cut rates by 150bps to zero.
Fed officially launches QE5 (no more "Non-QE" bullshit), consisting of "at least" $500BN in Treasury purchases and $200 billion in MBS.
Boosting intraday liquidity: The Fed announces Measures related to the discount window, intraday credit, bank capital and liquidity buffers, reserve requirements, and-in coordination with other central banks-the U.S. dollar liquidity swap line arrangements
Reserve requirements cut to zero: The Fed cuts reserve requirement ratios to zero percent effective on March 26.
Coordinated swap lines: The bank of Canada, the bank of England, the bank of Japan, the European central bank, the Federal Reserve, and the Swiss National bank announced a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. The pricing on the dollar liquidity swap arrangements is cut by 25 basis points, so the new rate will be the US dollar overnight index swap (OIS) rate plus 25 basis points.
Amusingly, the Fed announces that the emergency action wasn't unilateral, with Loretta J. Mester voting against the action, as she was "fully supportive of all of the actions taken to promote the smooth functioning of markets and the flow of credit to households and businesses but preferred to reduce the target range for the federal funds rate to 1/2 to 3/4 percent at this meeting."
The full statement is below (link):
The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States. Global financial conditions have also been significantly affected. Available economic data show that the U.S. economy came into this challenging period on a strong footing. Information received since the Federal Open Market Committee met in January indicates that the labor market remained strong through February and economic activity rose at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained low. Although household spending rose at a moderate pace, business fixed investment and exports remained weak. More recently, the energy sector has come under stress. On a 12?month basis, overall inflation and inflation for items other than food and energy are running below 2 percent. Market-based measures of inflation compensation have declined; survey-based measures of longer-term inflation expectations are little changed.
https://www.zerohedge.com/markets/fed-panics-powell-cuts-rates-zero-announces-700bn-qe5-unveils-enhanced-global-swap-lines
#8427595 at 2020-03-15 20:11:37 (UTC+1)
Q Research General #10789: Keeping Evil On A Short Leash Edition
>>8427166
Poster of the PB notable here.
The picture is from an event in 1935, so it is after the Concordat.
However, what you posted is very interesting, I too am looking on whether there is a deep connection to be found there.
The banking scam was started (in recent history, I do not know about earlier history) a few centuries ago in England.
It definitely progressively expanded over time after that. The explosion of banks you describe is one step. The creation of the central bank of central banks, the BIS, in Bale (nice name) Switzerland, is another major one (all the other big institutions are related to that ones - world bank, IMF, etc.).
Regarding Royalty and the French revolution, i would be weary of drawing this conclusion. The revolution was not spontaneous, it was the fact of people in secret societies, connected to the actual Bavarian Illuminati, which are themselves connected to the Jesuits, and all that came before. This is actually well documented in the book "Fire in the Mind of Men", an amazing book by Billington. The leading secret society during the revolution was led by Bonneville. Some of his (secret at the time) writings for his society, and for the Orient of London (masonic society) are publicly available now.
What I wonder is, did the top people in the Cabal decide that ruling by kingdoms was not satisfying providing them the results they wanted, and so they completely changed the system in order to have "rulers" (puppets) that cannot be linked back to them in an obvious fashion?
I do not have time to dig right now, but I will definitely look into this. Thanks for sharing.
#8427150 at 2020-03-15 19:25:49 (UTC+1)
Q Research General #10789: Keeping Evil On A Short Leash Edition
UAE, Saudi central banks roll out $40 billion stimulus for virus-hit economies
March 15, 2020 at 1:04 pm
The central banks of the United Arab Emirates (UAE) and Saudi Arabia, the two largest Arab economies, on Saturday announced stimulus plans worth a combined $40 billion to ease the impact of the coronavirus outbreak in their respective countries, Reuters reports.
The UAE regulator plans to support banks and businesses in the country, where the outbreak is affecting major economic sectors such as tourism and transport, with a 100 billion dirham ($27 billion) economic plan, it said on Saturday.
In a separate statement, the Saudi Arabian Monetary Authority said it had prepared a 50 billion riyal ($13.32 billion) package to help small and medium-sized enterprises (SMEs) cope with the economic impacts of coronavirus.
The disease has so far infected 85 people in the UAE and 105 in Saudi Arabia.
The Saudi funding aims to grant SMEs six-month deferrals on bank payments, concessional financing and exemptions from the costs of a loan guarantee programme, SAMA said.
Concerts, sporting events and industry conferences have been cancelled or postponed in the past few weeks in the UAE to contain the spreading of the new coronavirus.
In Dubai, the Middle East's trade, finance, tourism and transportation hub, some businesses have started to feel the pain from the global travel slowdown caused by the outbreak.
Saudi Arabia, which has already suspended the Umrah pilgrimage and locked down its eastern Qatif region where many infections are located, plans to halt all international flights for two weeks from Sunday.
The UAE central bank said it will provide 50 billion dirhams through collateralised loans at zero cost to all banks operating in the UAE while an additional 50 billion dirhams will be freed up from lenders' capital buffers.
"The CBUAE is allowing banks to free-up their regulatory capital buffers to boost lending capacity and support the UAE economy," it said in a statement.
It said the scheme offers banks relief for up to six months from the payments of principal and interest on outstanding loans for affected private sector companies and retail customers.
https://www.middleeastmonitor.com/20200315-uae-saudi-central-banks-roll-out-40-billion-stimulus-for-virus-hit-economies/
#8427068 at 2020-03-15 19:18:41 (UTC+1)
Q Research General #10789: Keeping Evil On A Short Leash Edition
>>8427052
The Federal Reserve will return to its origin and it will do what it was originally designed to do. They will lend now on commercial paper rather than just government. As everyone knows, this has been my strongest recommendation and criticism of Quantitative Easing. The Fed was originally designed to create Elastic Money buying corporate paper to prevent a recession and job losses. World War I saw government interfere and directed the Fed should be buying government debt.
Injecting cash into the banks FAILED because the banks lacked the confidence to lend money. They turned and placed money at the Fed in Excess Reserves. Not that that bottomed in September 2019 with the Repo Crisis and is back on the rise again as banks are not lending.
Lowering rates FAILED because people will not borrow if they lack confidence in the future, Hence, Europe and Japan have destroyed their government bond markets and now they talk about nationalizing companies and eliminating paper money while seizing cryptocurrencies. They have no monetary power left in the central bank. All they can do now is turn draconian and seal the fate of their economic future.
The Fed will take a different path and lend directly to corporations because the bankers will hoard the cash and NEVER help the economy. This has been my #1 recommendation to save the economy and the central bank.
This is the REAL Crisis - not the coronavirus which has been at best the catalyst to set everything in motion for the monetary crisis and the Mother of All Financial Crises.
https://www.armstrongeconomics.com/world-news/central-banks/federal-reserve-to-return-to-its-original-design/
#8425742 at 2020-03-15 17:17:25 (UTC+1)
Q Research General #10787: Pray. Edition
>>8425626
Something needs to be done to prevent people from accumulating vast fortunes over generations.
If you work hard and earn the money, then yes, you should be able to enjoy the fruits of your work
But your kids did nothing for it and have a high probability of becoming spoiled brats, worthless drug addicts and a pox on society.
So they should not get your fortune after you die.
Paying everyone a survival income is a good way to encourage entrepreneurial behavior. When people know that there is no support from their neighbors unless they work, many will take any job they can get and their creative potential is suppressed and is lost. This is a waste to society as a whole. Better to give everyone survival money so they can work on an entrepreneurial plan without fear for their life.
So, inheritance money should flow back into the system, just like the interest earned by the central bank should flow back into the system. Paying everyone a survival income is a way to do this. In other words, don't just restructure the Fed, but also the corrupt system that feeds the Cabal. Divert that wealth back to the people.
#8420668 at 2020-03-15 03:41:20 (UTC+1)
Q Research General #10780: DS Running For COV[er]ID-19 Death Blossom Edition
China Set for Unprecedented Contraction in Early-Year Data
Factory output, retail sales, investment all seen contracting. Economy expected to grow at slowest pace since early 90s in 1Q. Data on China's industrial output, investment and retail sales due Monday are forecast to show an across-the-board contraction for the first time on record, evidence of the extent to which the coronavirus has ravaged the economy. The data is released on a combined basis to account for the normal seasonal swings around the Lunar New Year holiday.
The epidemic and attempts to slow its spread suddenly paralyzed China's economy during that break, forcing consumers to cut spending and stay home, factories to extend their production halt, and trapping millions of people far from where they work. That crippled activity across the economy, with car and home sales slumping, and trade and travel interrupted.
"Most likely Jan.-Feb. is the lowest point for this year and the growth momentum is clearly improving in March," but the current consensus of 4% GDP growth in the first quarter will be under pressure after the data, Macquarie Group Ltd Chief China Economist Larry Hu said Friday. "The bad news is the recovery has been slower than expected, while the good news is that it's still recovering." The central bank acted on Friday to soften the blow and help the economy, providing banks more money to lend by cutting the amount of cash they must place in reserve at the People's bank of China. That cut takes effect on Monday, just as markets see the data for the first two months of the year.
https://www.bloomberg.com//news/articles/2020-03-15/china-set-for-unprecedented-contraction-in-early-year-data
#8417204 at 2020-03-14 22:00:14 (UTC+1)
Q Research General #10776: It's About The Break Edition
'Euroleaks': Former Greek finance minister LEAKS recordings of secretive Eurogroup talks in fight for 'democratization of the EU'
The former finance minister of Greece, Yanis Varoufakis, has released a cache of audio files, secretly recorded in 2015 during the bailout talks with the Eurogroup - a powerful group of eurozone's finance chiefs.
The recordings and their transcripts were released by Varoufakis on the website of his 'pan-European' DiEM25 party on Saturday. The files -dubbed 'Euroleaks'- were recorded between February and July 2015, when cash-strapped Athens was entangled in painful talks with its creditors.
In 2015, Varoufakis was the chief negotiator for then-ruling Syriza party, dealing with the Eurogroup and those behind it - the so-called 'troika.' It comprises the three main lenders of the eurozone nations - the European Commission, the European central bank and the International Monetary Fund.
While the Eurogroup is de-jure an informal group, it is actually a powerful decision-making institute that lacks accountability and transparency - and does not keep any records. The main goal in releasing the recordings is to shed light on its secretive activities, Varoufakis said in a video announcing the Euroleaks.
The Eurogroup's three does not keep minutes, the European Union Council is still shrouded in total opacity. It's about time we change that.
The lenders took a tough, 'take it or leave it' stance on Greece, effectively presenting it with an ultimatum. At the same time, they blamed Greek negotiators for stalled talks - and no records were available to prove them wrong.
"You will hear the [then-]president of the Eurogroup [Jeroen Dijsselbloem] and other ministers warn me that if I dare table written proposals within the Eurogroup meetings, that would be the end of the negotiations," Varoufakis said. "At the very same time they were leaking to the press that I was arriving at Eurogroup meetings without any proposals."
Apart from bringing into the limelight the "intransparent action by an unelected group of politicians who influence all our lives," the leaks also serve another purpose. The putting in the public domain of the secret recordings is aimed at fighting attempts by the incumbent Greek government to "weaponize fake news," produced by the Eurogroup back in 2015 to justify new austerity measures for the country, Varoufakis said.
https://www.rt.com/news/483140-euroleaks-varoufakis-troika-recordings/
#8415226 at 2020-03-14 18:25:29 (UTC+1)
Q Research General #10773: Indicted? Edition
Lagarde misstep overshadows 'bold' measures, analysts say
European central bank president Christine Lagarde's comments on March 12 undermined what was otherwise a solid set of measures to mitigate the Covid-19 crisis, analysts tell central banking.
On March 12, the ECB unveiled a set of measures to stimulate the eurozone economy, suffering from the joint supply/demand shock unleashed by the Covid-19 crisis.
Italy is going through a nationwide quarantine and cases are rapidly spreading through the eurozone's other largest economies: France, Germany
https://www.centralbanking.com/central-banks/monetary-policy/7505296/lagarde-misstep-overshadows-bold-set-of-measures-analysts-say
#8405886 at 2020-03-13 21:55:50 (UTC+1)
Q Research General #10761: Future Proves Past Once Again Edition
banks Not Coming Close To Testing Upside Of Fed's New Mega Repos
Initial demand far less than the amounts available totaling $1.5 trillion
The first three of the Federal Reserve bank of New York's mega repo operations have drawn far lighter demand than what the central bank is willing to provide.
On Thursday, the central bank shocked observers by announcing it would offer, in addition to its existing slate of loans to major banks, three repurchase agreements, or repos, that would provide eligible banks up to $500 billion per operation over an extended time horizon. The Fed said then it acted to "address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak."
While the overall pool of Fed liquidity has surged, eligible banks, called primary dealers, have thus far have not come close to tapping all the money the central bank can provide via the new slate of interventions.
On Thursday, the Fed's first mega repo, which was one of four repo interventions that day, saw demand of $78.4 billion versus the half trillion dollar limit. On Friday, two of the repos, which collectively would have offered banks $1 trillion, saw bank demand of $17 billion in one operation, and $24.1 billion in the other. Meanwhile, the amount of money sought by dealers for the weekend was also well short of the Fed's $175 billion cap, at $45.15 billion.
Collectively, the amount of temporary liquidity provided to financial markets by way of its repo interventions fell from $361.5 billion on Thursday to $344.65 billion on Friday.
https://www.wsj.com/articles/banks-not-coming-close-to-testing-upside-of-feds-new-mega-repos-11584112995
https://archive.is/30R7F
#8405091 at 2020-03-13 20:50:54 (UTC+1)
Q Research General #10760: !BOOM! Edition
The bank of Canada has made an unexpected rate cut, cutting the central bank's benchmark interest rate by 50 basis points to 0.75 per cent.
The central bank already cut its rate to 1.25 per cent at a previously scheduled meeting on March 4 to help counteract the impact of the coronavirus. Friday's decision takes that one step further.
"This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada's economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices," the bank said.
Under normal circumstances, the bank meets every six weeks to set its interest rate, and only takes action outside of those time frames when the situation calls for it.
Friday's decision shows just how seriously Canadian policy-makers are taking the coronavirus situation. It's the first time the bank has moved its rate higher or lower outside of a scheduled meeting since the financial crisis in 2009.
"Pretty sure I've never seen that: a rate cut on a Friday afternoon," said Doug Porter, chief economist with the bank of Montreal. "Shows you just how unusual these times are to have the bank of Canada to make an announcement like that at two o'clock on a Friday afternoon."
The bank's next scheduled rate decision is set for April 15, at which point the central bank says it will "provide a full update of its outlook for the Canadian and global economies."
Porter thinks the bank will indeed cut again, but likely not before that scheduled meeting. "At this point, we're penciling in another 50-basis-point cut ... which will take them down to 0.25, which is as low as we got during the financial crisis."
The bank's rate impacts the rates that Canadian savers and borrowers get for things like savings accounts and mortgages.
https://www.cbc.ca/news/business/bank-of-canada-1.5497098
#8403395 at 2020-03-13 19:12:42 (UTC+1)
Q Research General #10758: Whose In Your Brackets?! Edition
bank of Canada Announces Emergency 50bps Rate Cut, As FinMin Unveils C$10BN Support Program
After a day of relentless central bank interventions across Asia and Europe, which jumped the Atlantic this morning when the Fed announced not one but 6 emergency QE POMOs, moments ago Canada joined the panic response, when the bank of Canada announced an emergency 50bps rate cut, lowering the overnight rate from 1.25% to 0.75%, generally in line with the market's expectations.
According to the central bank, "this unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada's economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices."
The BOC maintained its easing bias, stating that it stood ready to adjust monetary policy further if required, while it dropped the reference in its January statement which stated policy was at an appropriate level. In its policy statement, the bank said that while the economy had been operating close to potential, with inflation at target, the virus is a "material" negative shock to the Canadian and global outlooks; business activity in some regions has fallen sharply and supply chains have been disrupted, reflective in CAD and commodities, the statement noted.
The BOC also believes that as the virus spreads, business and consumer confidence will deteriorate further, which will depress activity. In light of all these developments, the central bank said that the outlook was clearly weaker now than it was in January.
Finally, the bank said it "has also taken steps to ensure that the Canadian financial system has sufficient liquidity."
Some more details from the announcement:
The bank of Canada today lowered its target for the overnight rate by 50 basis points to ¾ percent. The bank Rate is correspondingly 1 percent and the deposit rate is ½ percent. This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada's economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices.
It is clear that the spread of the coronavirus is having serious consequences for Canadian families, and for Canada's economy. In addition, lower prices for oil, even since our last scheduled rate decision on March 4, will weigh heavily on the economy, particularly in energy intensive regions.
The bank will provide a full update of its outlook for the Canadian and global economies on April 15. As the situation evolves, Governing Council stands ready to adjust monetary policy further if required to support economic growth and keep inflation on target.
The bank has also taken steps to ensure that the Canadian financial system has sufficient liquidity. These additional measures have been announced in separate notices on the bank's website. The bank is closely monitoring economic and financial conditions, in coordination with other G7 central banks and fiscal authorities.
https://www.zerohedge.com/markets/bank-canada-announces-emergency-50bps-rate-cut-finmin-unveils-c10bn-support-program
#8403124 at 2020-03-13 18:51:30 (UTC+1)
Q Research General #10758: Whose In Your Brackets?! Edition
On Thursday, the Federal Reserve noticed the market jamming up and decided to step in with an infusion of cash available to banks. The New York Fed said it was injecting the money "to address the highly unusual disruptions to Treasury financing markets associated with the coronavirus outbreak."
Treasurys - U.S. government debt - are typically widely traded. They're the grease that makes the wheels of the credit and trading system function efficiently. But in recent days, the Treasury market has become brittle.
Treasurys "are the most liquid market on the planet bar none," said Gennadiy Goldberg, U.S. rates strategist for TD Securities. "When it's experiencing problems, you know something is wrong."
Normally, when there's a big stock sell-off, investors flee for the safety of U.S. Treasurys. And during the market sell-offs recently, it's exactly what has been happening.
Except on Thursday.
Goldberg said the trading system was sputtering. Dealers - the banks that buy and sell under all conditions - didn't have robust enough balance sheets to meet the demand from buyers and sellers of Treasurys.
So trading markets faltered, Goldberg said. The Fed stepped in to prevent a case of the hiccups from becoming something drastically worse.
The Fed also announced a move reminiscent of dramatic actions it took during and immediately after the financial crisis of 2008. It's called quantitative easing and it's meant to relieve the cash liquidity imbalances in the financial markets.
During the crisis, for instance, the Fed bought massive amounts of Treasury debt from banks, flooding the financial system with money.
Now, the Fed is doing something similar - though, so far, on a much smaller scale. As of Friday, it will be purchasing $60 billion in Treasury debt.
And next week, at its regular meeting, the Fed is expected to slash interest rates - perhaps by as much as a full percentage point - which would essentially bring them down to zero. The central bank already cut rates by a half point in an emergency move last week.
All these actions are designed to support both the financial system and the broader economy from the sudden stress brought on by the coronavirus.
https://www.opb.org/news/article/npr-somethings-wrong-stock-sell-off-exposes-weak-links-in-financial-system/
#8402998 at 2020-03-13 18:42:51 (UTC+1)
Q Research General #10758: Whose In Your Brackets?! Edition
bank of Canada Announces Emergency 50bps Rate Cut, As FinMin Unveils C$10BN Support Program
After a day of relentless central bank interventions across Asia and Europe, which jumped the Atlantic this morning when the Fed announced not one but 6 emergency QE POMOs, moments ago Canada joined the panic response, when the bank of Canada announced an emergency 50bps rate cut, lowering the overnight rate from 1.25% to 0.75%, generally in line with the market's expectations.
According to the central bank, "this unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada's economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices."
The BOC maintained its easing bias, stating that it stood ready to adjust monetary policy further if required, while it dropped the reference in its January statement which stated policy was at an appropriate level. In its policy statement, the bank said that while the economy had been operating close to potential, with inflation at target, the virus is a "material" negative shock to the Canadian and global outlooks; business activity in some regions has fallen sharply and supply chains have been disrupted, reflective in CAD and commodities, the statement noted.
The BOC also believes that as the virus spreads, business and consumer confidence will deteriorate further, which will depress activity. In light of all these developments, the central bank said that the outlook was clearly weaker now than it was in January.
Finally, the bank said it "has also taken steps to ensure that the Canadian financial system has sufficient liquidity."
Some more details from the announcement:
The bank of Canada today lowered its target for the overnight rate by 50 basis points to ¾ percent. The bank Rate is correspondingly 1 percent and the deposit rate is ½ percent. This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada's economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices.
It is clear that the spread of the coronavirus is having serious consequences for Canadian families, and for Canada's economy. In addition, lower prices for oil, even since our last scheduled rate decision on March 4, will weigh heavily on the economy, particularly in energy intensive regions.
The bank will provide a full update of its outlook for the Canadian and global economies on April 15. As the situation evolves, Governing Council stands ready to adjust monetary policy further if required to support economic growth and keep inflation on target.
The bank has also taken steps to ensure that the Canadian financial system has sufficient liquidity. These additional measures have been announced in separate notices on the bank's website. The bank is closely monitoring economic and financial conditions, in coordination with other G7 central banks and fiscal authorities.
Separately, Canada's finance minister said Canada is ready to take extraordinary measures to combat the COVID-19 outbreak, and to that purpose, Canada will establish credit support program to provide additional C$10 billion to businesses and stimulate the economy.
In response to the BOC announcement and modest fiscal stimulus, the Canadian dollar initially dropped but quickly regained all losses as the market was expecting the rate cut anyway, with money markets pricing in around 40bps worth of easing.
https://www.zerohedge.com/markets/bank-canada-announces-emergency-50bps-rate-cut-finmin-unveils-c10bn-support-program
#8399363 at 2020-03-13 12:24:59 (UTC+1)
Q Research General #10753: Friday the 13th AYPsyOpsABTU Edition
Luckey Friday The 13th? S&P Futures Limit-Up, Europe Soars Most Since After China Emergency RRR Cut
After collapsing to fresh cycle lows overnight, sliding below 2,400, or down a remarkable 1,000 points in just over three weeks, S&P futures have staged an even more amazing comeback and one day after a historic crash, the Emini is now trading limit up, stuck at 2,582 (or up 5%)…What sparked the reversal in sentiment? It is unclear but the buying started just after midnight Eastern time, amid speculation of BOJ intervention across various markets. A key catalyst hit just after 5am ET, when following failed interventions by the ECB and Fed, China's central bank was the latest to come out with emergency measures when the PBOC announced a targeted RRR cut of 50bp-100bp for banks qualified in "inclusive finance" tests, effective March 16, which will release liquidity of RMB 400bn. An additional 100bp cut will be granted for qualified joint-stock commercial banks, unleashing liquidity of RMB 150bn to the market. This, as Goldman notes, was expected after Premier Li's comments at the State Council meeting on the need to implement target RRR cuts to lower financing costs for small and individual businesses.
Still, there will likely be some buyer remorse disappointment, as the total of RMB 550bn liquidity injected is less than previous RRR cuts (e.g., RMB 800bn effective January 6). But the pattern of the PBOC cutting RRR after Premier Li's comments remained in line with historical precedents. Furthermore, as we highlighted yesterday, the PBOC statement also mentioned the central bank would avoid "flood-like" stimulus, consistent with the article discussing monetary policy in the official newspaper People's Daily on Monday.
Additionally, in Goldman's view, the PBOC has been cautious in targeted easing and doing just enough in recent weeks. This is reflected in the February money and credit data where short-term loans to companies jumped on PBOC relending programs while medium and long-term loans lagged. Given the deteriorating ex-China growth and external demand, the PBOC will need to do more to support the economy, although how much will be done remains to be seen. With the targeted cut today, the PBOC is highly unlikely to announce any broad RRR cut by the end of Q1, in our view.
Whether its positive impact sustains or not remains to be seen, but the RRR cut comes after an out-of-meeting cut from Norway and liquidity measures from the Riksbank, while other Asian central banks including those of Korea, India and Japan, moved to soothe markets.
There was more: one day after European stocks plunged the most on record, they have staged a just as historic rebound, with the Stoxx 600 surging 7.3%, or the most since Nov 2008, after the German Finance Minister Scholz said "we will use all means to tackle the coronavirus; will provide tax relief to Co's including deferrals, tax aid will cost billions. Will, without limit, undertake credit programs" while Germany's Economy Minister Altmaier said around 500 billion Euros are available. Earlier in the session, Asian stocks fell, led by industrials and utilities, after falling in the last session. Most markets in the region were down, with Japan's Topix Index dropping 5% and South Korea's Kospi Index falling 3.4%, while Australia's S&P/ASX 200 gained 4.4%. Trading volume for MSCI Asia Pacific Index members was 33% above the monthly average for this time of the day.
https://www.zerohedge.com/markets/sp-futures-trade-limit
https://www.bloomberg.com/markets/stocks/futures
https://www.kitco.com/charts/livegold.html
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
#8398438 at 2020-03-13 08:01:53 (UTC+1)
Q Research General #10752: The Squall Edition
>>8397353, >>8397356, >>8397360, >>8397366, >>8397451 /pb ALL
>Why is
Uruguay: central bank of Uruguay
not in alphabetical order? >>8397468 /pb
>THIS ANON GETS AUTIST OF EVENING AWARD!
>Nice find, Anon!
Libya: central bank of Libya (Their most recent conquest)
vvvvv ?NEXT CONQUEST? vvvvv
>Uruguay: central bank of Uruguay
Lithuania: bank of Lithuania {interDASTing.(MOARtoCOME.}
NOTE:
Ukrainian Uruguayans {around 10,000 people of Ukrainian descent living in Uruguay.}
https://en.wikipedia.org/wiki/Ukrainian_Uruguayans
https://en.wikipedia.org/wiki/Foreign_relations_of_Ukraine
https://en.wikipedia.org/wiki/Uruguay
Visa-free regime between Uruguay and Ukraine comes into force {article date 15 February 2019}
https://112.international/ukraine-top-news/visa-free-regime-between-uruguay-and-ukraine-comes-into-force-37054.html
"Ukrainians have a right to spend up to 90 days in Uruguay!" {METHODs of Human-Trafficking?}
Libya: central bank of Libya ({{{Their}}} most recent conquest)
>>8397353
Came Roon: bank of central African States
- INCORRECTLY Spelt dis way?
POSSIBILITY is The COUNTRY immediately after *CANADA*
- what links or ties these?
Turd-deau's dogged attempts for UN Security Council Seat? for what? TO SPY for ILK/soros+cabal/nwo. He is definite cabal puppet in suit!
{QPost# 5 https://qmap.pub/read/5 Follow the Money, it's the Key
12:47:18 PM TStamp => QPost# 329 "Follow the Wives" QNEWS: recent EU trip contracts muhCORONA}
*TURDoh* gov't and cohorts that represent The PRIVY Council {British FUGGERY CROWN} an not CDN citizens.
"Trudeau wrapped up an eight-day tour Friday that focused on winning African support for Canada's
bid for a seat on the United Nations Security Council for a one-year term beginning in 2021."
sauce article February 17, 2020
https://www.lifesitenews.com/news/pro-abortion-trudeau-is-not-a-friend-to-africa-african-pro-life-leader
The TimeSTAMP from QPost# 135 ROTHSCHILD OWNED & CONTROLLED bankS:
11 Nov 2017 - 11:31:13 PM
{ 23:31:13h < == > 5:4:4 }
leads to a Very Relevant QPost# 544 Gates, Turner, Soros, Rockefeller Photo
{{{THEIR}}} => https://qmap.pub/read/544
>>8397356
ALSO another, breaks Alpha ordering:
>Gabon: bank of central African States
The Gambia: central bank of The Gambia
>Georgia: National bank of Georgia
WATCH the WATER
https://www.britannica.com/place/The-Gambia
The Gambia, country in western Africa situated on the Atlantic coast
and surrounded by the neighbouring country of Senegal.
It occupies a long narrow strip of land that surrounds the Gambia River.
The land is flat and is dominated by the river,
which is navigable throughout the length of the country.
MAJOR Transportation SupplyChains AND FoodSource {FISHing is FUN!}
Is China's fishing fleet taking all of West Africa's fish? - BBC News
https://youtu.be/nUClXFF2PKs
{not just CHINA +++ deplete FISH Stocks = KEEPemPOOR[.]}
TimeSTAMP from QPost# 136 Rothschild banks (Continued)
11 Nov 2017 - 11:31:41 PM
{ 23:31:41h < == > 5:4:5 }
leads to a Very Relevant QPost# 545 World Jewish Congress with Pope Francis Photo
{{{THEIR}}} => https://qmap.pub/read/545
TimeSTAMP from QPost# 137 Rothschild banks (Continued)
11 Nov 2017 - 11:32:20 PM
{ 23:32:20h < == > 5:5:2 }
leads to a Very Relevant QPost# 552 Storm Coming Photo {KILLARY+ K+K+KILLshill}
{{{THEIR}}} => https://qmap.pub/read/552 Storm Coming Photo
==STORM COMING PHOTO(s)? KILLary; AND RENEgade's AKspray?}
CHECK => {NOTICE color *EVERgreen* in PHOTO!}
TimeSTAMP from QPost# 138 Rothschild banks (Continued)
11 Nov 2017 - 11:32:49 PM
{ 23:32:49h < == > 5:5:4 }
leads to a Very Relevant QPost# 554 CNBC Bomb Airport False Flag
{{{THEIR}}} => https://qmap.pub/read/554
WHY 554 CNBC BOMB Airport FFlag?
Psyche Warfare with TERROR to reinforce PANIC+ANXIETYinSOCIETY
ANSWER Q:
The FED and the IRS
FACT:
US Federal Reserve is a privately-owned company,
sitting on its very own patch of land, immune to the US laws.
Q
{RENEGADE(s) LAWLESS to U.S.A. Constitutional Law!
*ARRESTemUP* < == > NOdealsTREASONERS [no prisoners]!}
{TAX + MAKING of USDollar$ Funding+Supporting Terrorists (think HORROR Films etc., qnnMOVIE)
< == > POTUS + QAnons + MI [ _ ]
#8397451 at 2020-03-13 04:54:38 (UTC+1)
Q Research General #10750: And Just Like That... Edition
>>8397360
Why is
Uruguay: central bank of Uruguay
not in alphabetical order?
#8397366 at 2020-03-13 04:42:03 (UTC+1)
Q Research General #10750: And Just Like That... Edition
>>8397360
QDROP #138
Papua New Guinea: bank of Papua New Guinea
Paraguay: central bank of Paraguay
Peru: central Reserve bank of Peru
Philip Pines: Bangko Sentral ng Pilipinas
Poland: National bank of Poland
Portugal: bank of Portugal
Qatar: Qatar central bank
Romania: National bank of Romania
Russia: central bank of Russia
Rwanda: National bank of Rwanda
San Marino: central bank of the Republic of San Marino
Samoa: central bank of Samoa
Saudi Arabia: Saudi Arabian Monetary Agency
Senegal: central bank of West African States (BCEAO)
Serbia: National bank of Serbia
Seychelles: central bank of Seychelles
Sierra Leone: bank of Sierra Leone
Singapore: Monetary Authority of Singapore
Slovakia: National bank of Slovakia
Slovenia: bank of Slovenia
Solomon Islands: central bank of Solomon Islands
South Africa: South African Reserve bank
Spain: bank of Spain
Sri Lanka: central bank of Sri Lanka
Sudan: bank of Sudan
Surinam: central bank of Suriname
Swaziland: The central bank of Swaziland
Sweden: Sveriges Riksbank
Switzerland: Swiss National bank
Tajikistan: National bank of Tajikistan
Tanzania: bank of Tanzania
Thailand: bank of Thailand
Togo: central bank of West African States (BCEAO)
Tonga: National Reserve bank of Tonga
Trinidad and Tobago: central bank of Trinidad and Tobago
Tunisia: central bank of Tunisia
Turkey: central bank of the Republic of Turkey
Uganda: bank of Uganda
Ukraine: National bank of Ukraine
United Arab Emirates: central bank of United Arab Emirates
United Kingdom: bank of England
United States: Federal Reserve, Federal Reserve bank of New York
Vanuatu: Reserve bank of Vanuatu
Venezuela: central bank of Venezuela
Vietnam: The State bank of Vietnam
Yemen: central bank of Yemen
Zambia: bank of Zambia
Zimbabwe: Reserve bank of Zimbabwe
The FED and the IRS
FACT: US Federal Reserve is a privately-owned company, sitting on its very own patch of land, immune to the US laws.
Q
#8397360 at 2020-03-13 04:41:32 (UTC+1)
Q Research General #10750: And Just Like That... Edition
>>8397356
QDROP #137
Iraq: central bank of Iraq
Ireland: central bank and Financial Services Authority of Ireland
Israel: bank of Israel
Italy: bank of Italy
Jamaica: bank of Jamaica
Japan: bank of Japan
Jordan: central bank of Jordan
Kazakhstan: National bank of Kazakhstan
Kenya: central bank of Kenya
Korea: bank of Korea
Kuwait: central bank of Kuwait
Kyrgyzstan: National bank of the Kyrgyz Republic
Latvia: bank of Latvia
Lebanon: central bank of Lebanon
Lesotho: central bank of Lesotho
Libya: central bank of Libya (Their most recent conquest)
Uruguay: central bank of Uruguay
Lithuania: bank of Lithuania
Luxembourg: central bank of Luxembourg
Macao: Monetary Authority of Macao
Macedonia: National bank of the Republic of Macedonia
Madagascar: central bank of Madagascar
Malawi: Reserve bank of Malawi
Malaysia: central bank of Malaysia
Mali: central bank of West African States (BCEAO)
Malta: central bank of Malta
Mauritius: bank of Mauritius
Mexico: bank of Mexico
Moldova: National bank of Moldova
Mongolia: bank of Mongolia
Montenegro: central bank of Montenegro
Morocco: bank of Morocco
Mozambique: bank of Mozambique
Namibia: bank of Namibia
Nepal: central bank of Nepal
Netherlands: Netherlands bank
Netherlands Antilles: bank of the Netherlands Antilles
New Zealand: Reserve bank of New Zealand
Nicaragua: central bank of Nicaragua
Niger: central bank of West African States (BCEAO)
Nigeria: central bank of Nigeria
Norway: central bank of Norway
Oman: central bank of Oman
Pakistan: State bank of Pakistan
#8397356 at 2020-03-13 04:41:00 (UTC+1)
Q Research General #10750: And Just Like That... Edition
>>8397353
QDROP #136
Cayman Islands: Cayman Islands Monetary Authority
central African Republic: bank of central African States
Chad: bank of central African States
Chile: central bank of Chile
China: The People's bank of China
Colombia: bank of the Republic
Comoros: central bank of Comoros
Congo: bank of central African States
Costa Rica: central bank of Costa Rica
Côte d'Ivoire: central bank of West African States (BCEAO)
Croatia: Croatian National bank
Cuba: central bank of Cuba
Cyprus: central bank of Cyprus
Czech Republic: Czech National bank
Denmark: National bank of Denmark
Dominican Republic: central bank of the Dominican Republic
East Caribbean area: Eastern Caribbean central bank
Ecuador: central bank of Ecuador
Egypt: central bank of Egypt
El Salvador: central Reserve bank of El Salvador
Equatorial Guinea: bank of central African States
Estonia: bank of Estonia
Ethiopia: National bank of Ethiopia
European Union: European central bank
Fiji: Reserve bank of Fiji
Finland: bank of Finland
France: bank of France
Gabon: bank of central African States
The Gambia: central bank of The Gambia
Georgia: National bank of Georgia
Germany: Deutsche Bundesbank
Ghana: bank of Ghana
Greece: bank of Greece
Guatemala: bank of Guatemala
Guinea Bissau: central bank of West African States (BCEAO)
Guyana: bank of Guyana
Haiti: central bank of Haiti
Honduras: central bank of Honduras
Hong Kong: Hong Kong Monetary Authority
Hungary: Magyar Nemzeti bank
Iceland: central bank of Iceland
India: Reserve bank of India
Indonesia: bank Indonesia
Iran: The central bank of the Islamic Republic of Iran
#8397353 at 2020-03-13 04:40:24 (UTC+1)
Q Research General #10750: And Just Like That... Edition
>>8397320
>>8397337
ROTHSCHILD OWNED & CONTROLLED bankS:
Afghanistan: bank of Afghanistan
Albania: bank of Albania
Algeria: bank of Algeria
Argentina: central bank of Argentina
Armenia: central bank of Armenia
Aruba: central bank of Aruba
Australia: Reserve bank of Australia
Austria: Austrian National bank
Azerbaijan: central bank of Azerbaijan Republic
Bahamas: central bank of The Bahamas
Bahrain: central bank of Bahrain
Bangladesh: Bangladesh bank
Barbados: central bank of Barbados
Belarus: National bank of the Republic of Belarus
Belgium: National bank of Belgium
Belize: central bank of Belize
Benin: central bank of West African States (BCEAO)
Bermuda: Bermuda Monetary Authority
Bhutan: Royal Monetary Authority of Bhutan
Bolivia: central bank of Bolivia
Bosnia: central bank of Bosnia and Herzegovina
Botswana: bank of Botswana
Brazil: central bank of Brazil
Bulgaria: Bulgarian National bank
Burkina Faso: central bank of West African States (BCEAO)
Burundi: bank of the Republic of Burundi
Cambodia: National bank of Cambodia
Came Roon: bank of central African States
Canada: bank of Canada - Banque du Canada
Qdrop #135
#8396105 at 2020-03-13 02:38:17 (UTC+1)
Q Research General #10749: Livin' In An Autists Paradise Edition
>>8396057
>>>8395776 lb
>
>Does it make any kind of sense to anyone that gold would be down big right now, on one of the worst market weeks in decades? I'm no expert, but wouldn't this mean either massive price manipulation by the few biggest players in the world, or the top wall street folk not panicking at all because they know that the market crash is intentional & controlled and they are just waiting to buy back in to it at better prices?
no sauce anon, but what if those who are cash poor (due to POTUS/Q cutting off other funds and money laundering) must cover derivatives and other instruments of gambling?
If the sell volume is high enough, even without any central bank manipulation, prices will go down from ordinary market dynamics.
#8395776 at 2020-03-13 02:09:15 (UTC+1)
Q Research General #10748: BRING ON THE NIGHTSHIFT - BIG SHOUT OUT TO THE USMC Edition
Asian Market(s) and US Futures
DOW Futures down 428
SP500 down 36.50
NASDAQ down 157.75
Both of these just just broke below the recent lows of out market
Gold down -24.20 or 1.54% at $1552.10/oz
Silver -0.47 -3.01% at $$15.33/oz
Japan's Nikkei index dives over 9% following Wall Street drop
Asian equity markets slipped further into panic mode on Friday morning after a historic rout on Wall Street sent the Dow Jones Industrial Average to its biggest daily loss since 1987. In Japan, the benchmark Nikkei Stock Average plummeted 10% following the Dow's 9.9% decline on Thursday. The Nikkei dropped more than 1,800 points, recording the biggest single-day drop since April 1990 before the collapse of the country's economic bubble. The benchmark fell to 16,690, its lowest in intraday trading since November 2016. The sharp fall pushed the index further into bear market territory, with the decline from its recent high in January exceeding 30%. Korea's Kospi index dropped more than 8%, triggering a temporary halt to trading. The bank of Korea said it was considering an emergency monetary policy meeting to discuss a interest rate cut. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 2% and is down 12.8% this week. Australia's benchmark fell 7.6% and is set for its worst week on record, while in South Korea the won was shredded and the Kosdaq .KQ11 fell 8%, triggering a short trading halt. Hong Kong's Hang Seng index .HSI fell 6.8%, its steepest drop since 2008. China's Shanghai composite .SSEC fell 4%. The New York Federal Reserve surprised by pumping huge amounts of cash into the banking system, aiming to head off the sort of dislocation that saw markets seize up during the financial crisis more than a decade ago. After adding $500 billion on Thursday, it will inject another $1 trillion today in an effort to stop borrowing costs from rising. Australia's central bank injected an unusually large $5.5 billion into the financial system on Friday.
Currency markets steadied somewhat after furious dollar buying overnight, as fears of systemic risks drive demand for the world's reserve currency. Falling oil prices have also weakened investor sentiment. The U.S. West Texas Intermediate (WTI) crude lost $2.14 or 6.5% to close at $30.84 on Thursday and is being traded at $30.74 during off-hour trading. The WTI has plunged 40% over the last month.
https://www.marketwatch.com/tools/marketsummary?region=asia
https://asia.nikkei.com/Business/Markets/Japan-s-Nikkei-index-dives-10-following-Wall-Street-plunge
https://www.bloomberg.com/markets/stocks/futures
https://www.kitco.com/charts/livesilver.html
https://www.kitco.com/charts/livegold.html
#8391818 at 2020-03-12 19:26:58 (UTC+1)
Q Research General #10743: Infinite Surfing Comfy Edition
Market expects Fed to cut U.S. interest rates to 0% this month
Expected Fed funds rate after March 2020 meeting
Following President Trump's address Wednesday night, the market only moved further in its expectations that the Fed would dramatically cut rates, pricing in as much as a 95% likelihood that the central bank would move toward a reduction of 100 basis points to 0%-0.25% at its next meeting.
The big picture: It would be the Fed's largest rate cut since December 2008 when it last cut rates to zero, warning that "labor market conditions have deteriorated, and the available data indicate that consumer spending, business investment, and industrial production have declined."
https://www.axios.com/federal-reserve-interest-rate-cut-coronavirus-451c0d3e-6e2c-40a4-babf-1d8f3563f9ce.html
#8391720 at 2020-03-12 19:18:09 (UTC+1)
Q Research General #10743: Infinite Surfing Comfy Edition
Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown
The Fed announced a bold new initiative in an effort to calm market tumult amid the coronavirus meltdown.
In all, the new moves pump in up to $1.5 trillion into the financial system in an effort to combat potential freezes brought on by the coronavirus.
This was the second day in a row and the third time this week the Fed has stepped in.
Stocks staged a sharp turnaround from earlier losses, though some of those gains were pared.
The Federal Reserve stepped into financial markets Thursday for the second day in a row and the third time this week, this time dramatically ramping up asset purchases amid the turmoil created by the coronavirus. "These changes are being made to address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak," the New York Fed said in an early afternoon announcement amid a washout on Wall Street that was heading toward the worst day since 1987.
Stocks were off their lows following the announcement though some of the gains were pared as the market digested the moves. Some in the market were skeptical that the move was enough, and even whether the the Fed itself had the proper tools to reverse the current market downtrend. "We continue to emphasize that this Fed will act aggressively and in particular that central banks are focused on safeguarding market functioning at this point, and will continue to provide liquidity in scale," Ebrahim Rahbari, director of global economics at Citi Research. "However, despite the sharp initial risk rally, we think these measures will still not be sufficiently to durably stabilize market sentiment yet in light of credit concerns and escalating health concerns."
One part of the announcement saw the Fed widen the scale for its $60 billion worth of money the Treasury purchases, which to now had been confined to short-term T-bills. Under the new regime, the Fed will extend its purchases "across a range of maturities" to include bills, notes, Treasury Inflation-Protected Securities and other instruments. The central bank will begin purchasing coupon-bearing securities, something market participants have been clamoring for since late 2019. The purchases start Thursday and will continue through April 13.
The second part of the new operations will see the New York Fed desk offer $500 billion in a three-month repo operation and a one-month operation. The offerings will happen on a weekly basis through the remainder of the program. In addition, the Fed will continue to offer at least $175 billion in overnight repos and $45 billion in two-week operations. Repos are short-term operations in which financial institutions provide high-quality collateral in exchange for cash reserves they use to operate. The extraordinary moves came amid extreme market turmoil created by uncertainty over the coronavirus pandemic. Government bond yields earlier this week cascaded to record lows amid reports of liquidity issues in the market and fears of a global recession.
However, questions remain whether the Fed can arrest the market's issues on its own. Wall Street has been looking for an aggressive fiscal response and has yet to get it from Washington lawmakers. "The virus was the catalyst but it's not the cause," said Christopher Whalen, founder of Whalen Global Advisors. "Both bonds and equities were inflated rather dramatically by our friends at the Fed. You're seeing the end game for monetary policy here, which is at a certain point you have to stop. Otherwise you get grotesque asset bubbles like we saw, and the engine just runs out of fuel."
Markets have been looking for action by the Fed, which instituted an inter-meeting interest rate cut last week that did nothing to quell concerns. The Fed on Monday increased the limits for its ongoing repo operations, then Wednesday expanded the limits an announced a $50 billion term offering that attracted heavy interest earlier in the day Thursday. Along with the announcement, the Fed pledged that "the terms of operations will be adjusted as needed to foster smooth Treasury market functioning and efficient and effective policy implementation."
https://www.cnbc.com/2020/03/12/fed-to-pump-more-than-500-billion-into-short-term-bank-funding-expand-types-of-security-purchases.html
#8384025 at 2020-03-12 02:03:28 (UTC+1)
Q Research General #10733: Holy Corona, Hanks Got Corona. Over in 30? Suicide W/E? 24,10,40? Edition
Stocks & Bond Yields Collapse After Trump Announces EU Travel Ban
Shortly after President Trump began his address to the nation, enacting a full travel ban from European nations for the next 30 days, the markets started to get upset. Dow futures are down over 850 points. Japan's Nikkei 225 is down over 350 points. 10Y Treasury yields are down 15bps. The Euro is strengthening against the dollar. Contracts on the S&P 500 Index that expire in March fell 2.7% as of 10:27 a.m. in Tokyo. The rout since a record three weeks ago exceeded 20%. Trump also authorized $50 billion for the Small Business Association to extend low-interest loans to companies in affected areas and asked Congress to deliver payroll-tax cuts aimed at boosting take-home pay for working Americans. Japan's central bank is expected to pledge that it is prepared to buy almost $60 billion a year in exchange traded funds to offset the economic and market turmoil caused by coronavirus fears. U.S. Treasury Secretary Steven Mnuchin said on Capitol Hill that the administration hopes to reach an initial agreement with Congress within 48 hours on a stimulus package to ease the economic stress caused by the coronavirus, particularly on the travel and hospitality sectors. House Majority Leader Steny Hoyer said the vote for a coronavirus bill is planned for Thursday.
https://www.zerohedge.com/markets/stocks-bond-yields-are-crashing-after-trump-announces-eu-travel-ban
https://www.bloomberg.com/markets/stocks/futures
https://www.marketwatch.com/tools/marketsummary
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
#8379238 at 2020-03-11 19:27:07 (UTC+1)
Q Research General #10727: PandemicDamnepicDempanic Edition
Putin on Current Global Markets Turmoil: It Creates Not Only Problems, But Also Opportunities
Monday's stock market drop was the worst correction since the 2008 financial crisis, with the Dow Jones Industrial Average seeing its largest-ever single day point drop in history, and oil futures shedding 20 percent amid jitters over coronavirus and OPEC+'s failure to reach a deal on production cuts.
Russian President Vladimir Putin has commented on the turmoil in global markets, including energy, saying the current processes create not only problems, but also opportunities.
"I'm not just hoping - I'm confident that Russia will go through this turbulent period with dignity and a sense of calm. Moreover, there is every chance for key Russian industries to come out of this situation much stronger and prepared for further, very serious competition. This, of course, should have an impact on the entire Russian economy, and be reflected in a positive way," Putin said, speaking to investors at his Novo Ogarevo residence outside Moscow on Wednesday.
According to Putin, the government and Russia's central bank have the resources to maintain stability, and their main task is to minimize the negative economic effects of the market crisis on ordinary citizens. The president added that the state would do everything necessary to guarantee the safety of national and foreign investments in Russia, and to minimize investment risks.
Putin made the comments before bankers and representatives of investment firms including Altera Capital, RTR-Global, Almaz Capital Partners, VTB bank, Yandex and the Russian Direct Investment Fund, with Prime Minister Mikhail Mishustin also in attendance.
On Tuesday, Russia's Finance Ministry indicated that it did not expect an economic recession as a result of the global market downturn, and said that it had mechanisms in place to account for the loss of oil and gas budget revenues. The Ministry also calculated that the country's sovereign wealth fund has accumulated enough liquidity in the form of $150 billion in assets to compensate for lower revenues from oil even if prices remained at the $25-$30 a barrel mark for the next six to ten years.
https://sputniknews.com/business/202003111078536339-putin-on-current-global-markets-turmoil-it-creates-not-only-problems-but-also-opportunities/
#8378985 at 2020-03-11 18:55:13 (UTC+1)
Q Research General #10727: PandemicDamnepicDempanic Edition
Regulators Stonewall on Government Intervention in Gold Market
Does the U.S. Commodity Futures Trading Commission have jurisdiction over manipulative futures trading by the U.S. government, other governments, or brokers acting for them?
Is the commission aware of futures trading by governments?
In a letter to U.S. Rep. Alex Mooney, R-West Virginia, dated January 28 and released to Money Metals and Gold Anti-Trust Action Committee (GATA) this week, the commission's chairman, Heath P. Tarbert, refused to say.
GATA put those questions and others to the CFTC in 2018 but could get no response.
At our urging, Mooney put those questions and others to the CFTC a year ago in February.
He, too, got no response but kept pressing.
Tarbert's January 28 letter to Mooney contains an attachment prepared by commission staff that acknowledges the key questions but fails to answer them.
Question 5 in the attachment, asking whether the commission's jurisdiction covers manipulative trading by the government itself, is a yes-or-no question.
But the reply says only:
The CFTC has exclusive jurisdiction over futures trading on trading facilities registered with the commission as designated contract markets.
Question 6 in the attachment, asking if the commission is aware of trading by the U.S. government or other governments, is also a yes-or-no question.
Instead the commission's reply says:
The commission may not publish 'data and information that would separately disclose the business transactions or market positions of any person and trade secrets or names of customers.'
But the commission's admission of simple awareness of trading by governments would not disclose any transactions or market positions, and official filings and statements by CME Group, operator of the major U.S. futures exchanges, explicitly acknowledge that governments are secretly trading futures under CME Group's central bank Incentive Program.
https://www.activistpost.com/2020/03/regulators-stonewall-on-government-intervention-in-gold-market.html
#8376097 at 2020-03-11 12:52:12 (UTC+1)
Q Research General: #10723 Today We Will Be Cooking Up Some Tasty Booms! Edition
Market Snapshot
FRBNY Repo Ops- $132.75B for today
$132.75b in total swap(s). $94.87 in Treasury's and $37.5b in Mortgage backed Securities.
Cap#1
Futures…gonna give yesterday's gain right back. Cap#2
bank of England Cuts Key Interest Rate in Response to Virus
The bank of England has cut its key interest rate by half a percentage point to 0.25%. The bank of England slashed its key interest rate by half a percentage point to 0.25% on Wednesday, as part of an emergency package of measures to cushion the "economic shock" of the coronavirus outbreak.
The central bank said the move would "help support businesses and consumer confidence at a difficult time."
The cut took the main rate to a record low, last reached after Britain's June 2016 vote to leave the European Union. It came just hours before the British government was expected to announce its own package of measures to shore up the economy against arguably the biggest economic shock since the global financial crisis 12 years ago.
The cut follows similar reductions from the U.S. Federal Reserve and the bank of Canada. The European central bank is also expected to announce a package of stimulus measures on Thursday. Growth projections have been slashed for all major world economies as the virus halts production and dents business and consumer confidence. Global stock markets have suffered their biggest daily losses since the height of the global financial crisis in 2008.
https://www.usnews.com/news/business/articles/2020-03-11/bank-of-england-cuts-key-interest-rate-to-025-due-to-virus
U.S. consumer prices unexpectedly rise in February
U.S. consumer prices unexpectedly rose in February but are likely to decline in the months ahead as the coronavirus outbreak depresses demand for some goods and services, outweighing price increases related to shortages caused by disruptions to the supply chain. The report from the Labor Department on Wednesday, which also showed a steady rise in underlying inflation last month, is however, unlikely to change financial market expectations that the Federal Reserve will cut interest rates again at its policy meeting next week.
https://www.reuters.com/article/us-usa-economy-inflation/u-s-consumer-prices-unexpectedly-rise-in-february-idUSKBN20Y1U7
Oil War Escalates Again After Saudi and U.A.E Promise Flood of Crude
Saudi Arabia promised to increase production capacity and the United Arab Emirates said it plans to pump as much as possible next month.
Riyadh said it will boost capacity to an unprecedented 13 million barrels a day, doubling down on Tuesday's pledge of extra output in April. The U.A.E., a close Saudi ally, then promised to push more crude to customers than it can produce. These are fresh shots in an all-out war that has seen prices crash and the outlook for the market darken as nations prepare to pump as much as they can.
https://www.bloomberg.com//news/articles/2020-03-11/oil-war-escalates-again-as-saudi-and-u-a-e-promise-more-supply
https://www.kitco.com/charts/livegold.html
https://www.marketwatch.com/investing/bond/tmubmusd10y
#8373671 at 2020-03-11 03:27:14 (UTC+1)
Q Research General #10720: Campaign End At Bernie's Edition
Reads on Bolshevik rev
https://www.eaec.org/newsletters/1999/NL1999jun.htm
(Excerpt from article)
The Bolshevik revolution that took place in Russia in October, 1917 was not a Russian movement. German intelligence had infiltrated Russia long before World War I began in 1914, and the overthrow of the Russian Tzar took place on February 24, 1917. The war against Germany was going badly for the Russians; losses in human life were staggering. On the 24th of February food riots broke out in St. Petersburg. Instead of putting down the rioters, the military garrison joined the uprising and Tzar Nicholas II was forced to abdicate. When his brother, Grand Duke Michael, refused to take over the throne, a committee of the Duma (Russian Parliament) appointed a Provisional Government to succeed the Tzar. But there was opposition from St. Petersburg's Soviet of Workers and Soldiers' Deputies. In all the bickering that occurred (exactly what is happening today in Russia), one strong man was able to form some kind of a government, and his name was Aleksandr F. Kerensky, a Russian Jew and a Socialist Revolutionary.
It is very important to understand that the majority of the Russian intelligentsia at this time consisted of Russian Jews, and the reason for this was that very few Russian children had access to a higher education, which the Jews had. Furthermore, most of these Russian Jews were also members of Jewish Free Masonic lodges. The same holds true in the 1990's, it is Russian Jews who have floated to the top in business, politics and the crime syndicate in today's Russia. At the same time Russia is reeling from political and financial instability, just as it was in 1916. Nothing has changed. It is just a matter of time before another group of revolutionaries will come on the scene and take Russia back to a hard ruthless military dictatorship. This time they will not call themselves "Communists;" this time they will be "ultra nationalists."
THE WARBURG FAMILY
At the same time Lenin and his Russian-Jewish wife Nadezhda Krupskaya were living in Switzerland and had been since around 1900. They were supported by Western Intelligence services, who in turn were financed by the World Government. It was in Switzerland that Lenin and his wife led a group of Russian-Jewish revolutionaries, who had been trained in the teachings of Karl Marx (a German Jew who wrote the thesis for Communism together with Friedrich Engels, also a German Jew).
The "kingpin" in the moving of Communist Jewish revolutionaries to Russia, was Max Warburg (1867-1946), a banker from the German city Hamburg and also at this time the head of the German Intelligence Service. The history of the Warburg family is as intriguing as the history of the Rothschilds. The Warburg family originally came from Italy in 1559, and this Jewish family, known in Italy as Del Branco, took the German name Warburg from the city of Warburgum, where they first settled. In 1798 the bank M.M.Warburg & Co. of Hamburg was founded. Simon Elias Warburg went to Sweden (1760-1828), where he founded the first Jewish community in that nation, his grandson Frederik Elias Warburg (1832-1899) moved to England and was a cofounder of the central London Electric Railway. Other Warburgs moved to Copenhagen in Denmark, and took the original name Del Branco. Paul Moritz Warburg (1868-1932) moved to the United States in 1902 and became a member of the biggest Jewish bank in the United States, Kuhn, Loeb and Co. of New York. Felix Moritz Warburg (1871-1937) also moved to the United States and joined Kuhn, Loeb & Co. as a partner. Fritz Moritz Warburg (1879-1964) also moved to the United States, and become active in adult education and Jewish theological schools. These four brothers, Max, Paul, Felix and Fritz were born in Germany.
At this time in history, the Warburg bank was tied in with the Rothschild bank, and the reason for Paul Warburg to move to New York, was to work for the establishment of an "AMERICAN central bank." Working at Kuhn Loeb and Co. Paul Warburg lectured and worked on American politicians until the Federal Reserve act was passed on December 22, 1913 and Paul Warburg became its chairman.
More at link above
Antony Sutton also has some good reads
WALL STREET AND THE BOLSHEVIK REVOLUTION
AMERICAS SECRET ESTABLISHMENTBONES
FLESHING OUT SKULL AND BONES
#8371769 at 2020-03-10 23:52:57 (UTC+1)
Q Research General #10717: Happy March Madness Anons, Yellow Flag Out ~ Now Let's Roll! Edition
bank Of Japan Buys Record Amount Of ETFs, Admits 'Paper Losses', Plans Program Expansion
Having blown over two trillion yen since October in purchasing stocks (ETFs) in the open market to "support Japan's economy," markets are rife with speculation the Band of Japan (BoJ) could pledge next week to buy ETFs at a faster pace than the current commitment to do so by roughly 6 trillion yen ($58.12 billion) per year.
Following pressure from Japanese Prime Minister Shinzo Abe,
"Markets are making nervous movements amid uncertainty over the global economic outlook. Based on agreements made among G7 and G20 nations, the government will work closely with the BOJ and authorities of other countries to respond appropriately," Abe said in a meeting with ruling party executives on Tuesday.
Reuters reports that such a step is among options the central bank may consider if it approaches the ceiling as a result of aggressive purchases, according to sources familiar with the BOJ's thinking.
https://www.zerohedge.com/economics/bank-japan-buys-record-amount-etfs-admits-paper-losses-plans-program-expansion
#8370910 at 2020-03-10 22:19:13 (UTC+1)
Q Research General #10716: The Fake Media Tried To Stop Us ~ That Didn't Work Edition
central banking Is Socialism! - Dr. Ron Paul
Last week, the Federal Reserve responded to Wall Street's coronavirus panic with an "emergency" interest rate cut. This emergency cut failed to revive the stock market, leading to predictions that the Fed will again cut rates later this month.
More rate cuts would drive interest rates to near, or even below, zero. Lowering interest rates punishes people for saving, thus encouraging consumers and businesses to spend every penny they make. This may give the economy a short-term boost. But, it inhibits long-term economic growth by depleting the savings necessary for investments in businesses and jobs. The result of this policy will be more pressure on the Fed to indefinitely maintain low interest rates and on the Congress and president to create another explosion of government "stimulus" spending.
Boston Federal Reserve President Eric Rosengren has suggested that Congress allow the Federal Reserve to add assets of private companies to the Fed's already large balance sheet. Allowing the central bank to buy assets of, and thus assume a partial ownership interest in, private companies would give the Federal Reserve even greater influence over the economy. It could also allow the Fed to advance a political agenda by, for example, favoring investment in "green energy" companies over other companies or refusing to purchase assets of retailers who sell firearms or tobacco products.
Mr. Rosengren's proposal to allow the central bank to "invest," in private companies seems like something one would hear from democratic socialists like Senator Bernie Sanders. This is not surprising since the entire Federal Reserve system is a textbook example of socialism.
The essence of socialist economics is government allocation of resources either by seizing direct control of the "means of production" or by setting prices business can charge. Federal Reserve manipulation of interest rates is an attempt to set the price of money. Federal Reserve attempts to set interest rates distort the signals sent by the rates to investors and business. This results in a Fed-created boom, which is inevitably followed by a Fed-created bust.
Economic elites benefit when the Federal Reserve pumps new money into the economy because they have access to the money created before there are widespread price increases. Artificially low interest rates also facilitate the growth of the welfare-warfare state.
The Federal Reserve's inflationary policies harm the average American by eroding the dollar's purchasing power. This forces consumers to rely on credit cards and other forms of debt to maintain their standard of living. Many Americans are unable to afford their own homes because they are saddled with student loan debt that can even exceed their income.
Since the bailouts of 2008, there has been a growing understanding that the current system is rigged in favor of the elites and against the average American. Unfortunately, popular confusion of our system of Keynesian neoliberalism with a free-market economy, combined with a widespread entitlement mentality, has led many Americans to support increasing government control of our economy.
The key to beating back the rising support for socialism on both the left and right is helping more people understand that big government and central banking are the cause of their problems and that free markets in all areas - and especially in money - is the solution. It is important that the liberty movement put pressure on Congress to cut spending and rein in or, better yet, end the Fed.
http://news.goldseek.com/RonPaul/1583871753.php
#8370087 at 2020-03-10 20:42:46 (UTC+1)
Q Research General #10715: Gunning For The Gold Edition
The Real Causes for the Oncoming Economic Collapse
This Thursday, the markets took a 1000 point hit which was more than a little startling for many investors since the last 1000 point fall only happened three days prior... all in all bringing the financial markets to lows not seen since April 2011, and veering dangerously close to a precipice which has 1929 written all over it. Across the internet, panicky discussion has erupted over whether this foretells another 1987 collapse as Donald Trump warned, or something more akin to Black Tuesday of 1929. Others have pondered whether this is more similar to a 1923 Weimar hyperinflation where Germans became millionaires overnight (not much to celebrate when bread costs billions).
The fact of the oncoming collapse itself should not be a surprise- especially when one is reminded of the $1.5 quadrillion of derivatives which has taken over a world economy which generates a mere $80 trillion/year in measurable goods and trade. These nebulous bets on insurance on bets on collateralized debts known as derivatives didn't even exist a few decades ago, and the fact is that no matter what the Federal Reserve and European central bank have attempted to do to stop a new rupture of this overextended casino bubble of an economy in recent months, nothing has worked. Zero to negative percent interest rates haven't worked, opening overnight repo loans of $100 billion/night to failing banks hasn't worked- nor has the return of quantitative easing which restarted on October 17 in earnest. No matter what these financial wizards try to do, things just keep getting worse. Rather than acknowledge what is actually happening, scapegoats have been selected to shift the blame away from reality to the point that the current crisis is actually being blamed on the Coronavirus!
Deeper than Corona
Let me just state outright: That while the coronavirus may in fact be the catalyzer for the oncoming financial blowout, it is the height of stupidity to believe that it is the cause, as the seeds of the crisis goes deeper and originated much earlier than most people are prepared to admit.
To start getting at a more truthful diagnostic, it is useful to think of an economy in real (vs purely financial) terms - That is: Simply think of the economy as total system in which the body of humanity (all cultures, nations and families of the world) exist.
This co-existence is predicated on certain necessary powers of production of food, clothing, capital goods (hard and soft infrastructure), transportation and energy production. After raw materials are transformed into finished goods, these physical goods and services move from points A to B and are consumed. This is very much akin to the metabolism that maintains a living body.
Now since populations tend to grow geometrically, while resources deplete arithmetically, constant demands on new creative discoveries and technological application are also needed to meet and improve upon the needs of a growing humanity. This last factor is actually the most important because it touches on the principled element that distinguishes humanity from all other forms of life in the ecosystem which Lincoln identified wonderfully in his 1859 Discoveries and Inventions Speech:
"All creation is a mine, and every man, a miner. The whole earth, and all within it, upon it, and round about it, including himself, in his physical, moral, and intellectual nature, and his susceptibilities, are the infinitely various "leads" from which, man, from the first, was to dig out his destiny... Man is not the only animal who labors; but he is the only one who improves his workmanship. This improvement, he effects by Discoveries, and Inventions."
During a 1994 address to Russian scientists in Moscow, a modern adherent to Lincoln's system (the late economist Lyndon LaRouche) addressed this concept from a modern perspective by asking:
https://www.strategic-culture.org/news/2020/03/09/the-real-causes-for-the-oncoming-economic-collapse/
#8367614 at 2020-03-10 15:20:47 (UTC+1)
Q Research General: #10712 Mike And The Mechanics Silent Running Edition
Only German sauce available as of now.
"Deutsche bank" plus European central bank employees were also found to be "infected", kek
https://www.faz.net/aktuell/rhein-main/region-und-hessen/coronavirus-in-frankfurt-faelle-bei-ezb-und-deutschen-bank-16671951.html
http://archive.is/fYuHX
An employee of the European central bank in Frankfurt is infected with the coronavirus. Deutsche bank also confirmed an infected employee. The number of patients in Hesse rises to 34.
...
At the European central bank (ECB) in Frankfurt there is a first confirmed case of coronavirus. One staff member had tested positive for the novel pathogen, the ECB announced on Monday evening in Frankfurt am Main. As a precautionary measure, about 100 colleagues who have worked near the affected person are now to work from home. "Potentially affected" offices would be thoroughly cleaned.
The ECB had only tested the emergency on Monday and asked its approximately 3700 employees in Frankfurt am Main to work from home as a precaution. The main purpose of the one-day homeworking test was to test the central bank's IT infrastructure - for example, the functioning of data transmission. The test was "successful", the ECB explained.
The ECB had already taken initial precautionary measures last week due to the spread of the coronavirus. Staff members are to refrain from unnecessary business trips, all unnecessary visits are to be avoided, conferences at the ECB's premises have been postponed.
...
An employee at Deutsche bank has also tested positive for the corona virus. This was confirmed by a spokesperson. As a consequence, employees are to work from different locations in his environment, sometimes even from home. According to financial circles, a higher double-digit number of employees is affected by the measure. Already on Monday, the bank had distributed employees of the trading team in London to different locations due to the corona epidemic.
...
#8357748 at 2020-03-09 16:47:48 (UTC+1)
Q Research General #10699: Panicking Markets Edition
>>8357495
The new financial system (World/IBOR/central bank) is being brought down and the new Sovereign asset backed financial system is coming on line.
More than anything else this is making DS panic. They're paper currency will be worthless in 90 days.
T-10
#8357620 at 2020-03-09 16:30:53 (UTC+1)
Q Research General #10699: Panicking Markets Edition
>>8357593
Yes, reluctantly.
Not really, no.
Lack of central bank does not make people allies, only outside the beast system.
#8357495 at 2020-03-09 16:14:45 (UTC+1)
Q Research General #10699: Panicking Markets Edition
Russian central bank to suspend foreign exchange purchases within fiscal rule for 30 days
https://twitter.com/tassagency_en/status/1236938560747589632
5:5?
#8356471 at 2020-03-09 13:22:58 (UTC+1)
Q Research General #10698: March 9th Morning Bake Edition
30-year Treasury yield tumbles below 1% after oil and coronavirus worries rout stocks
Four Handle on US Treasury Note-10 year
U.S. Treasury yields fell Monday morning as a breakdown in talks between major oil exporters sparked a sharp decline in oil prices, sending stocks and inflation expectations lower.
The rising number of COVID-19 cases in the U.S. also threatened to hamper consumer demand, the linchpin of the U.S. economy.
What are Treasurys doing?
The 10-year Treasury note yield TMUBMUSD10Y, 0.425% fell 29.2 basis points to 0.415%, hitting an intraday record low of 0.339% in overnight trading, while the 2-year note rate TMUBMUSD02Y, 0.278% was down 20.2 basis points to 0.275%.
The 30-year bond yield TMUBMUSD30Y, 0.854% slipped 37.9 basis points to 0.836%, a record. Bond prices move in the opposite direction of yields. All three maturities are trading below 1% for the first time in history.
What's driving Treasurys?
Talks between Russia and the Organization of the Petroleum Exporting Countries failed to result in an agreement on crude production cuts. In response, Saudi Arabia slashed crude prices and was looking to ramp up production, a move that would cut into Russia's market share. The disagreement between the major oil exporters sparked the biggest one-day slump in crude oil prices since the Gulf War, and sent global equity markets lower. Safe-haven assets like Treasurys saw sharp bidding, with the longer-term maturities seeing the sharpest rally as energy prices are closely tied to inflation expectations.
Futures for the S&P 500 SPX, -1.70% and the Dow Jones Industrial Average DJIA, -0.98% plunged 5%, triggering circuit-breakers.
The 10-year break-even rate, expectations for consumer prices as indicated by trading for Treasury inflation-protected securities, fell to its lowest level since the middle of 2009.
Worries around the coronavirus also kept investors on edge, as the growing number of confirmed cases in Western Europe along with the U.S. threatened to slow growth. Italian Prime Minister Giuseppe Conte signed a decree limiting community interaction for nearly five weeks in parts of Northern Italy.
Traders on the fed-fund futures markets are now expecting a one-in-two chance of the U.S. central bank cutting interest rates all the way to zero by Decembersee cap#3
As Treasury's rally, a rush of government bond supply this weekend across the 3-year, 10-year, and 30-year maturities. The decline in yields could serve as a test of demand, as haven appetite appears to overwhelm the need for income from government paper.
See cap#3 for remaining Treasury Auction schedule
https://www.marketwatch.com/investing/bond/tmubmusd30y
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
#8349374 at 2020-03-08 17:50:35 (UTC+1)
Q Research General #10689: Ice Cold Corona -virus -pope for the DST Blues Edition
End the Fed
In response to the potential economic downturn in the economy arising from the spread of the Coronavirus, the Federal Reserve dropped the federal funds rate by half a point - to a range of 1% to 1.25%. Ironically, after the Fed's announcement, the stock market dropped 786 points or 2.9%.
The Fed's aim is to stimulate economic activity. By lowering interest rates, the idea is to get businesses to expand operations with more loans and to get consumers to go deeper into debt by purchasing more items.
The result of the Fed's artificial economic "boost" will be the same as it has been since the Fed was established in 1913: a bubble of malinvestment and consumer loan defaults that will end up plunging the country in a bubble-bursting recession or even depression.
That's because genuine prosperity in a country cannot be generated by central bank manipulations. If that were the case, every country on earth would be characterized by ever-growing standards of living. In fact, a central bank does the exact opposite - it lowers a nation's standard of living through its artificial manipulations of interest rates and its expansion and contraction of the money supply.
The never-ending cycle of monetary crises and chaos shouldn't surprise anyone. The Federal Reserve is a socialist institution, in that it is based on the socialist concept of central planning. A central bank consists of a board of government commissars who have the responsibility of planning the monetary affairs of hundreds of millions of people.
It cannot be done. Socialism is an inherently defective economic system. It produces monetary crises and chaos, which is what we have seen in the United States since the Fed was established in 1913.
https://www.fff.org/2020/03/05/end-the-fed/
#8343388 at 2020-03-07 22:45:45 (UTC+1)
Q Research General #10681: The Best Is Yet to Come Memes Edition
count the illegals.
demand that they be allowed to vote!
but only in their home countries!
for each of them, send a bill, that accrues interest, to their central bank. demand that they pay this bill for all the time that these people are not in their own coutnries becuase the bank is allowed, some say, to 'issue' money based upon population, or to borrow. So the illegals are driven off, after being counted, so the families fo those like AOC can borrow more or pilfer more.
It's very sad that these people are made out to be pawns by the democrats. They profiteer off of welfare voychering, and live the vida - loca in a near by suburb.
The 'illegals' are made to be servant class people, who might 'trade up' by being someone's comfort person provider . . . or worse.
It's sick the way that these children and their parents are exploited.
I knew that my home state was taken over when they said 'free tuition for dreamers'.
why? what did they do to deserve it? It was complete descrimination.
now in my home state the marsists in the big city don't want thier 'constituancy' to have to pay for their gold plated transportation or parking costs, so they suggest that 'low income' should pay a lower fare. So I have to give an income report before I can ride the cross town buss? who else gets that data.
Or they say 'poor people shold pay less for parking tickets.' Again, a nonsequetor.
What do they have? they have a voychor economy, a hunger games on the mean streets, where children are used to profiteer off of the welfare system, and used as ways to blackmail grand parents, or other horid concepts . . .
the heroin streets, there ought to be no children there.
the voucher econmoy lets the so-called non-profit 'social service providers' get fat and drunk with power and money. See the lines, the very many lines but if you dare to print the name of the dot org that profiteers, and brings in the illegals, if you dare to say the name in print they will slap you with a suit and say 'you've been served'.
In a welfare town you see the ugly types, with the cigar and that 'Ive got a live one' look. You wonder how they arrived here from 4500 miles away to be a minor lord in a minor welfare town?
And dare to say this kind of stuff outloud in the town hall where the high-born reptiles wear their polyester that say's it's wool suit, and flop swet meeting 'patrons'.
if a town is all illegal aliens one wonder why a congress person would bother?
but democrats are operators for the international marxists. These 'illegals' are probably high born of that group, here to colonize. They have their herems, they keep their welfare children and cash the checques.
We see it all around us. Dare to talk about it around Democrats. Dare to and see how quickly they have dagger drawn.
and they have their political meetings in the town hall
and they don't even keep it secret that they are a little click
when will it end?
how can we continue when the situation that I describe is what we see in the streets all around us?
when will we break the welfare system so that the profiteering marxists leeches from everywhere can't come in and claim benifits, probably in 12 different towns each, how hard could it be. Ah, but now they'll take DNA?
so, ya, count them all. And bill their home countries. And declare that all who work for so called social service non profits can only take an income that makes them even wtih those who they service.
that woudl be a much fairer system
end the welfare profiteers.
but if you see them at the town hall, in their brand new electric vehicles that get charged up for free by the town (it's a comp) then . . . well ask them about welfare profiteering. They will tell you you are crazy. They will ask you 'where do you get your news' they might even defend it, as if they are the 'best people' and 'that's the family business'.
It's so obvious and yet no one can do anything about it.
the whole system of towns and government is totally broken. there are profiteers off of government, people whose whole family works for a town or government. And others who squat on 'welfare charity' dollars in a non profit.
Derivative invests? Credit Default Swap?
it goes on and on and it doesn't seem to be changing at all.
#8343224 at 2020-03-07 22:21:17 (UTC+1)
Q Research General #10681: The Best Is Yet to Come Memes Edition
>>8343161
Clown op destabilization to pave way for the much needed central bank.
Why such rapid spread in Iran of all places ?
Intentional release ?
No co-inky-dinks
#8335314 at 2020-03-06 21:39:48 (UTC+1)
Q Research General #10671: Tuberville Mystery Unravels Edition
Market Report
Oil, T-bills/Notes/bonds-everything debt related got hammered-especially oil. The Equity Markets were down all day and a late session panic buying spree lifted them to close just shy of the morning's highs-See cap#2. Volumes are still elevated but this is a pretty good finish-no matter how it was done. The global equity market cap collapsed by a record $9tn - or two-thirds of China's GDP - in 9 days, while global; sovereign 10-year bond yields crashed below 1.00% for the first time ever-it did it over the last two pre/post market sessions and was only "rescued" by something-ESF* (Exchange Stabilization Fund). Today was also the biggest single-day jump in the Ultra Bond Future ever. 10Y Yields crashed to a stunning 65bps overnight. The 30Y Yield accelerated lower in the last hour, crashing below the Fed Funds Rate. The fear-driven rush into Treasuries (cap#3 is Yield curve-this is also the signal THEY want to send to you that portends a recession-don't buy it…THEY are way moar fucked with this pile of shitty debt than we, as individuals will ever be) pushed one of the world's most-popular bond ETFs to the biggest rally since the 2010 flash crash in stocks. BlackRock Inc.'s $22 billion iShares 20+ Year Treasury Bond fund, ticker TLT, rallied as much as 6.4% on Friday as investors plowed into U.S. debt. That was the fund's biggest jump since May 6, 2010, when the Dow Jones Industrial Average tumbled nearly 1,000 points in a matter of minutes.
The ESF* quickly stepped in at that point and that drop was erased as quickly as it habbened-for moar on the HFT role in this-and other 'incidents' please see here:
http://www.nanex.net/NxResearch/ResearchPage/3/
The biggest US banks have been taken outside and water-boarded since highs of January-of course the very time they released the Q4 earnings reports. Global Systemically Important banks stocks have crashed to their lowest since 2016. Credit markets were a bloodbath this week, with both HY and IG blowing out in US and EU. The Dollar Index fell for the 2nd straight week (down 6 of the last 7 weeks). Spot Gold soared up to $1690 - the highest since Jan 2013. Looks like quite the amount of paper thrown at it just before mid-session-because you ALWAYS sell gold for profit by dumping a massive amount of volume on it when everything paper-based is down. Wonder how much THAT stunt cost us-because we are paying for it…it's OUR money.
Brent suffered its biggest one-day loss in more than 11 years on Friday after Russia balked at OPEC's proposed steep production cuts to stabilize prices as the coronavirus outbreak slows the global economy and hurts energy demand. A three-year pact between OPEC and Russia ended in acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavirus. OPEC responded by removing all limits on its own production. That triggered a rout, with more than 1 million U.S. crude contracts shares trading hands on Friday. U.S. crude futures settled down more than 10%, the largest one-day percentage loss since 2014. OPEC was pushing for an additional 1.5 million barrels per day (bpd) of cuts until the end of 2020. Non-OPEC states were expected to contribute 500,000 bpd to the overall extra cut, OPEC ministers said. The new deal would have meant OPEC+ production curbs amounting to a total of 3.6 million bpd, or about 3.6% of global supply.
More than 4.58 million U.S. front-month crude contracts changed hands this week, the busiest week ever for that contract. This is the worst start to a year for crude since 1986.
VP not playing the game with them and has told them to go fuck themselves (diplomatically speaking)-BRAVO Vlad!!! This effectively makes O.P.E.C. redundant and we get to step up and fill the role with our record high energy production.
Please read this as it goes in to far moar detail than I can and provides a plethora of data and other resources. Thsi place does a good job and has for a while.
Oil Price Armageddon As OPEC+ Disintegrates
https://oilprice.com/Energy/Energy-General/The-Worlds-Most-Powerful-Oil-Alliance-Is-Falling-Apart.html
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://finance.yahoo.com/quote/%5EIXIC?p=^IXIC
https://www.zerohedge.com/markets/stocks-credit-crude-yield-curve-collapse-fed-admits-central-bank-credibility-eroding
#8335174 at 2020-03-06 21:17:46 (UTC+1)
Q Research General #10671: Tuberville Mystery Unravels Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#8335077 at 2020-03-06 21:02:09 (UTC+1)
Q Research General #10671: Tuberville Mystery Unravels Edition
Boston Fed's Rosengren Says Fed May Soon Have To Buy Stocks
Three weeks ago, former Fed Chair Janet Yellen incepted the idea that during the next crisis, the Fed should consider expanding the range of assets it would purchase, most notably buying stocks. Our comment to this was that "thanks to Janet Yellen, we now we know that before the current fiat regime of central banks finally ends and before stocks go limits up as the revolution starts, the Fed will order a POMO of, well, everything in one final, last ditch effort to keep social stability by creating the impression that stocks are stable and rising even as society implodes."
Well, thanks to experiments conducted in a Chinese P-4 biolab, the next crisis appears to have arrived in the form of the coronavirus pandemic, and the idea of the Fed buying stocks is now on the agenda, case in point Boston President Eric Rosengren, who echoed Yellen, and said the Fed should be allowed to buy a broader range of assets - either by change of mandate or through a facility that allows it to buy stocks - if it lacks sufficient ammunition to fight off a recession with interest-rate cuts and bond purchases. In such a scenario, the US Treasury should indemnify the Fed against losses, Rosengren said in the text of remarks scheduled for delivery Friday in New York.
In a situation where both short-term interest rates and 10-year Treasury rates approach the zero lower bound, allowing the Federal Reserve to purchase a broader range of assets could be important.
Excerpt: "In such a case, as Marvin highlighted in his 1999 article, we should allow the central bank to purchase a broader range of securities or assets. Such a policy, however, would require a change in the Federal Reserve Act. ... Alternatively, the Federal Reserve could consider a facility that could buy a broader set of assets, provided the Treasury agreed to provide indemnification.
Rosengren also warned the Fed would face greater challenge than in 2008 crisis when Fed's benchmark rate was cut to nearly zero, because yields on longer-run Treasuries have fallen below 1%.
Fed Reluctant to Do an Emergency Cut, Says Julius Baer's Matthews
"Such a situation would raise challenges policy makers did not face even during the Great Recession," he says at conference hosted by the Shadow Open Market Committee.
That said, Rosengren rejected the option of pushing the federal funds rate below zero in a recession, because somehow buying stocks rather than going NIRP makes more sense. Negative rates would harm banks and may make an economic recovery more difficult, he says
Goodfriend suggested that negative interest rates might be an effective policy tool in some situations - but Rosengren remains skeptical, saying the experience in Europe and Japan shows the adverse side effects are likely quite large.
Excerpt: "In my view, negative interest rates poorly position an economy to recover from a downturn. ... I view the recent experience of countries with negative rates as evidence that such a policy would not be particularly successful in stimulating economic activity. ... [Also,] we need banks to be healthy enough to provide credit and liquidity in challenging economic times.
Rosengren also pointed out something we had pounded the table on in the past, namely that dovish central bank policy is now deflationary, highlighting that in countries that employed negative rates since 2008, the impact on retirement savings and pension funds has incentivized more savings and less spending.
https://www.zerohedge.com/markets/boston-feds-rosengren-says-fed-may-soon-have-buy-stocks
#8333725 at 2020-03-06 18:02:35 (UTC+1)
Q Research General #10669: #8333333 Czech'd Edition
>>8333719
If it were private, none.
It appears to be owned by the Queen.
Canada's central bank was founded in 1934 and opened its doors in March 1935. In 1938, it became a Crown corporation belonging to the federal government. The bank of Canada Act has been amended several times, but the preamble to the Act has not changed. The bank still exists "to regulate credit and currency in the best interests of the economic life of the nation."
#8331496 at 2020-03-06 09:47:25 (UTC+1)
Q Research General #10666: Someone Bless This Ebil Trip Bread Edition
>>8331473
>>8331477
>>8331480
BIS is the most powerful bank in the world, a global central bank for the Eight Families who control the private central banks of almost all Western and developing nations. The first President of BIS was Rockefeller banker Gates McGarrah- an official at Chase Manhattan and the Federal Reserve. McGarrah was the grandfather of former CIA director Richard Helms. The Rockefellers- like the Morgans- had close ties to London.
BIS is owned by the Federal Reserve, bank of England, bank of Italy, bank of Canada, Swiss National bank, Nederlandsche bank, Bundesbank and bank of France.
Historian Carroll Quigley wrote in his epic book Tragedy and Hope that BIS was part of a plan, "to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole...to be controlled in a feudalistic fashion by the central banks of the world acting in concert by secret agreements."
BIS holds at least 10% of monetary reserves for at least 80 of the world's central banks, the IMF and other multilateral institutions. It serves as financial agent for international agreements, collects information on the global economy and serves as lender of last resort to prevent global financial collapse.
BIS promotes an agenda of monopoly capitalist fascism. It gave a bridge loan to Hungary in the 1990's to ensure privatization of that country's economy. It served as conduit for Eight Families funding of Adolf Hitler- led by the Warburg's J. Henry Schroeder and Mendelsohn bank of Amsterdam. Many researchers assert that BIS is at the nadir of global drug money laundering.
Sauce: https://hangthebankers.com/the-federal-reserve-cartel-the-eight-families/
#8329974 at 2020-03-06 04:01:26 (UTC+1)
Q Research General #10664: Multiple Ongoing Investigations Edition
Asian Market Report
Treasury's/Bonds hammered again as Asian markets drop.
Asian shares and U.S. stock futures fell on Friday following another Wall Street drop as disruptions to global business from the coronavirus beyond China worsened, stoking fears of a prolonged world economic slowdown. Yields on 10-year U.S. Treasuries fell to a record low (Cap#3) and the 30 year bond fell below 1.50% (Cap#4) as investors increased bets that the Federal Reserve will follow this week's "surprise"-not to anyone in here it wasn't-50 basis point rate cut with further easing(probably another 25 basis points) to prevent corporate bond spreads from widening further. Tumbling yields hammered the dollar, which traded near a six-month low versus the yen and close to a two-year trough against the Swiss franc.Oil prices fell due to worries that non-OPEC oil producers might not agree to output cuts even though global energy demand is weakening-Cap#5. The euro held steady at $1.1225. Markets in the euro zone are pricing in a 93 percent chance that the European central bank will cut its deposit rate, now minus 0.50 percent, by 10 basis points next week. The FOMC meeting is on March 18th and they will cut rates again to catch up to the action in the bond market. The Federal Reserve and bank of Canada both responded to the economic threats by cutting interest rates by 50 basis points this week. The Dept. Commerce will release the February Jobs #'s tomorrow morning at 8:30am EST.
BOJ mulls support for firms hit by coronavirus
Japan's central bank is considering a new financing program to support businesses hit hard by the coronavirus outbreak. The move comes as many firms see a steep drop in sales as exports to China sink, foreign visitor numbers decline and events are canceled. The bank of Japan plans to support commercial lenders that provide funds to firms struggling to maintain cash-flow. BOJ policymakers are to meet in mid-March. They will study a second emergency package the government is to draw up by around next Tuesday, and discuss the details and timing of the new financing plan. The government has already started providing emergency loans to firms through the Japan Finance Corporation and other entities.
https://www3.nhk.or.jp/nhkworld/en/news/20200306_19/
South Korea, Japan to hold export control talks via teleconference, Jiji says
TOKYO (Reuters) - South Korea and Japan will hold export control talks originally planned for March 10 in Seoul via teleconference, the Jiji news agency reported on Friday, reflecting the widening impact of the coronavirus outbreak. On Thursday, Japanese Prime Minister Shinzo Abe announced a two-week quarantine on visitors from China and South Korea, among other measures.
https://www.reuters.com/article/us-healthcare-coronavirus-southkorea-jap/south-korea-japan-to-hold-export-control-talks-via-teleconference-jiji-says-idUSKBN20T0CM
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.marketwatch.com/investing/bond/tmubmusd30y
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://www.marketwatch.com/tools/marketsummary?region=asia
#8328516 at 2020-03-06 00:32:25 (UTC+1)
Q Research General #10662: The Town Hall Edition
>>8328332
That drop has an INCORRECT title
And this is important enough that you need to know
IBOR = Inter-bank Offered Rate
This is part of a mechanism by which the banks in a country
Set the price of something, like the base rate of interest
Or the price of Gold
The London IBOR was a process to set the London gold price
And it was totally corrupt
That has since been replaced rather publicly
But IBOR processes in other countries were similarly corrupt
And have also been replaced.
Almost…
IBOR reform: IASB discusses remaining phase two issues
https://www.ey.com/en_gl/ifrs-technical-resources/ibor-reform-iasb-discusses-remaining-phase-two-issues
Which brings me to this, which popped up a couple of days ago. Remember the photo of Mnuchin and wife with newly printed banknotes 3 years ago?
I have inside info. The USA has billions of printed treasury notes in vaults located in every state.
There are Treasury banks already situated and ready to open up for business as soon as a state of emergency is called.
The design and distribution of the Treasury dollars has been a top secret underground project ever since Trump took office.
Trump was hoping to make it to the second term before implementing this plan, but it seems ((they)) are forcing his hand with this coronavirus economic black swan.
((they)) don't know yet that we are ready to completely do away with their monopoly currency and central bank and go back to a constitutional Treasury based money system.
((they)) think that this black swan event will freeze up the US economy and their plan is to twist the knife by flooding so much USD into the system that not even a wheelbarrow of $100 bills can buy a ramen packet.
Here is the series of events that will take place instead.
>>coronachan devistates world economy
>>all countries bend knee economically to their ((central banks)) for liquidity
>>USD begins to inflate dramatically
>>doesn't stop stock market from tanking
>>emergency meeting called by Trump
>>audit of US gold supply from several sources takes place.
>>audit comes back with surprising result… The us has 10x more gold than was previously on the books.
((it seems that Trump has raided the gold supply of the elite in return for immunity deals))
>>announces that Treasury dollars are now available and backed by gold and silver at a rate of $100,000 treasury dollars per oz of gold.
>>any US CITIZEN can exchange the money in their bank accounts for a new US treasury account (exchange rate of USD to new UST to be determined somewhere between 1/1 and 1/10 probably)
>>all of ((their)) banks fail as CITIZENS begin mass exodus of USD and open a Treasury bank account.
Trumps master plan begins to take shape. Trump has taken a simple stone (gold) and crushed ((them)) with it. Trump has finished the work of Jackson and routed the vipers completely out.
This sets USA up for literal golden era while all other central bank countries begin to collapse around us.
Manufacturing comes back and new life is breathed into the USA. All other countries want to do business with us as they collapse.
screen this.
https://boards.4chan.org/pol/thread/246338388/happening-coronavirus-leads-to-treasury-dollar
#8323859 at 2020-03-05 14:23:56 (UTC+1)
Q Research General #10656: Hannity & POTUS Interview Under the Looking Glass Edition
Moldova central bank officials detained over $1 bln fraud
By Alexandar Tanas
ReutersMarch 5, 2020, 2:58 PM GMT+1
By Alexandar Tanas
CHISINAU, March 5 (Reuters) - Moldova has detained two current and two former senior central bank officials on suspicion of involvement in a $1 billion theft in 2014-2015 that shook the nation, authorities said on Thursday.
The disappearance of that money from three banks - Banca de Economii, Banca Sociala and Unibank - plunged the impoverished former Soviet republic into economic and political crisis and was dubbed locally the "theft of the century".
https://news.yahoo.com/moldova-central-bank-officials-detained-135833159.html
#8321546 at 2020-03-05 03:44:22 (UTC+1)
Q Research General #10653 MSM, All Your Breaking News Stories are Belong to Us! Edition
>>8321411
Interesting how that Works….Same Results….Different Tactics and World Wide to boot….Seems some people are losing a lot of Money…World Wide.. Wonder Why/How…KEK
$5 trillion lost in global stock markets melt on coronavirus fears
Stocks shaved some losses on Wall Street after Fed's promise of support
New York: Coronavirus panic sent world stock markets tumbling again on Friday, setting them on course for their largest weekly fall since the 2008 global financial crisis, with over $5 trillion wiped from global market value so far this week.
Stocks shaved some losses on Wall Street after Federal Reserve chairman Jerome Powell said the central bank will act as appropriate to provide support to the U.S. economy, but the S&P 500 index remained on track for its second-largest weekly percentage decline since 1940.
https://gulfnews.com/business/5-trillion-lost-in-global-stock-markets-melt-on-coronavirus-fears-1.70046024
#8318282 at 2020-03-04 21:38:17 (UTC+1)
Q Research General #10649: Bernie not tapping, Warren back to her think tank Edition
Market Report
Shorts a fryin' and they are still loading up.
Short-dated Treasury yields fell sharply Wednesday on expectations of further easing by the Federal Reserve, only a day after the U.S. central bank carried out a surprise 50-basis-point rate cut. Treasury yields were very mixed today with the short-end tumbling as the long-end chopper around, ending flat… The 2Y Yield plunged again. The yield curve steepened significantly - to its steepest since June 2018. And on the other side, US yields have collapsed relative to German yields. The Dollar rallied today, desperately trying to erase the rate-cut crash from yesterday. Commodities were generally unchanged today, but PMs held their post-rate-cut gains. Oil surged overnight on OPEC+ hopes, and inventory data, but Russia's lack of cooperation killed any momentum it was going to have. Moves by the Fed and the bank of Canada followed a conference call by G-7 finance ministers and central bank governors Tuesday that pledged measures to shore up global economic growth in the face of the COVID-19 epidemic emanating from China. The World bank and the IMF has pledged billions of dollars to countries to offset the economic damage expected from the virus.
The Fed's Beige Book, a collection of anecdotes from businesses across the U.S., showed the coronavirus was starting to make a dent on the domestic economy and supply chains. Some investors are still betting on the Fed to cut rates again when the Fed formally meets on March 17-18. But St. Louis Fed President James Bullard suggested the central bank was content with where they had set interest rates on Tuesday, and appeared to downplay expectations for additional easing at this month's meeting. But, there is another factor - the market is now demanding almost 2 more rate-cuts in March. And an increasing number of traders are betting on The Fed going ZIRP/NIRP soon.
See cap#5 for the December rate projections for those that do not know these are"bets" via the Chicago Mercantile Exchange's FED Watch and serves as a prediction tool for where the big boi's want the rates placed.
Another 1000-plus-point range day in the Dow has sent realized vol to its highest since mid-2011 - the heart of the European Financial Crisis.
The daily averagesd climbed again with the DOW up almost 6m (avg)
Value was monkey-hammered as the equity momentum factor had its best 3-day surge since June 2016 (Brexit vote). FANG Stocks managed gains today but only marginal…And bank stocks managed gains - after 10 days of carnage.. Finally, this could be a problem for the bears… Bloomberg notes that as of March 2, short sellers had increased outstanding contracts to the highest level since June 2014, according to IHS Markit data.
which will be used as fuel for the next leg.
a few headlines
United Airlines cuts flights, freezes hiring on coronavirus-hit demand
https://www.reuters.com/article/us-health-coronavirus-united-arlns/united-airlines-cuts-flights-freezes-hiring-on-coronavirus-hit-demand-idUSKBN20R309
Abe wants option to call state of emergency
https://www3.nhk.or.jp/nhkworld/en/news/20200305_02/
Wells Fargo to raise minimum pay in most of its U.S. markets
https://www.marketscreener.com/bank-OF-AMERICA-CORPORATI-11751/news/Wells-Fargo-to-raise-minimum-pay-in-most-of-its-U-S-markets-30109798/
https://finance.yahoo.com/quote/%5EDJI
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
https://www.zerohedge.com/markets/biden-bounce-blamed-stock-market-buying-panic-bond-yields-tumbled
#8317918 at 2020-03-04 20:47:10 (UTC+1)
Q Research General #10649: Bernie not tapping, Warren back to her think tank Edition
https://boards.4chan.org/pol/thread/246338388/
copypasta
I have inside info. The USA has billions of printed treasury notes in vaults located in every state.
There are Treasury banks already situated and ready to open up for business as soon as a state of emergency is called.
The design and distribution of the Treasury dollars has been a top secret underground project ever since Trump took office.
Trump was hoping to make it to the second term before implementing this plan, but it seems ((they)) are forcing his hand with this coronavirus economic black swan.
((they)) don't know yet that we are ready to completely do away with their monopoly currency and central bank and go back to a constitutional Treasury based money system.
((they)) think that this black swan event will freeze up the US economy and their plan is to twist the knife by flooding so much USD into the system that not even a wheelbarrow of $100 bills can buy a ramen packet.
Here is the series of events that will take place instead.
>>coronachan devistates world economy
>>all countries bend knee economically to their ((central banks)) for liquidity
>>USD begins to inflate dramatically
>>doesn't stop stock market from tanking
>>emergency meeting called by Trump
>>audit of US gold supply from several sources takes place.
>>audit comes back with surprising result… The us has 10x more gold than was previously on the books.
((it seems that Trump has raided the gold supply of the elite in return for immunity deals))
>>announces that Treasury dollars are now available and backed by gold and silver at a rate of $100,000 treasury dollars per oz of gold.
>>any US CITIZEN can exchange the money in their bank accounts for a new US treasury account (exchange rate of USD to new UST to be determined somewhere between 1/1 and 1/10 probably)
>>all of ((their)) banks fail as CITIZENS begin mass exodus of USD and open a Treasury bank account.
Trumps master plan begins to take shape. Trump has taken a simple stone (gold) and crushed ((them)) with it. Trump has finished the work of Jackson and routed the vipers completely out.
This sets USA up for literal golden era while all other central bank countries begin to collapse around us.
Manufacturing comes back and new life is breathed into the USA. All other countries want to do business with us as they collapse.
screen this.
#8315092 at 2020-03-04 12:01:04 (UTC+1)
Q Research General #10645: Super Tues Done, What's Up Next? Edition
>>8315013
How much does central bank treason pay?
Because I'm starting to feel like I'm the only person without a cool Swiss bank account.
#8315085 at 2020-03-04 11:59:11 (UTC+1)
Q Research General #10645: Super Tues Done, What's Up Next? Edition
>>8315013
Supreme Court mouth-breathers:
"The President should not have the power to enact policies that strengthen the US economy at the expense of other nations"
Also Supreme Court mouth-breathers:
"It's totally fine for a fully independent US central bank to enact policies that by design cripple the US economy and move our capital, growth and jobs to European economies"
#8314898 at 2020-03-04 10:41:41 (UTC+1)
Q Research General #10645: Super Tues Done, What's Up Next? Edition
Irish/O'Brien Dig (O'Brien founded Aergo, aircraft leasing co. Symbols?)
>>8309517
"Irish billionaire who lives in MALTA'investigated by Ireland's criminal assets bureau'"
https://www.independent.com.mt/articles/2016-01-11/local-news/Irish-billionaire-who-lives-in-Malta-investigated-by-Ireland-s-criminal-assets-bureau-6736151561
O'Brien: "joined a Shannon-based aircrafts subletting group called GPA"
"in 1999 he founded an aircraft leasing company called AERGO Capital which is ranked among top 20 largest aircrafts leasing companies in the world with operations in Chicago, Johannesburg, etc"
"first success hit him when he founded DIGICEL in the year 2001 which was a huge success"
"deputy Governor of the bank of Ireland in 2005"
https://www.celebfamily.com/entrepreneur/denis-obrien.html
"Ireland: central bank and Financial Services Authority of Ireland"
https://qmap.pub/read/137
DIGICEL/O'Brien/Clintons/Haiti/USAID
https://freebeacon.com/blog/oh-denny-boy-how-the-clintons-helped-an-irish-telecom-tycoon-makes-millions-in-earthquake-ravaged-haiti/
NOTE: AIRCRAFT LEASING COMPANY, AERGO Capital
Aergo Capital website: Symbolism (each country built with TRIangles)
http://aergocapital.com/
More TRIangle symbolism on "About" page
2014: "Aergo Capital partnered with CarVal Investors"
http://aergocapital.com/about-us/
CarVal Investors was founded in 1987 by Cargill
https://carvalinvestors.com/about/history/
"Cargill, Kissinger & the Arming of Saddam Hussein"
"Cargill Continental now controls over 50% of the world's grain trade"
"Cargill Continental and the other grain giants were the main beneficiaries of the taxpayer-guaranteed CCC loans through grain sales to Iraq"
https://beforeitsnews.com/politics/2013/04/cargill-kissinger-the-arming-of-saddam-hussein-2-2505698.html
Lucas Detor, managing principal, CarVal Investors
https://www.cargill.com/2019/carval-investors-partnership-to-buy-firm-from-cargill
"Since 1987, CarVal's team has navigated through ever-changing credit market cycles, opportunistically investing $119 billion"
https://carvalinvestors.com/about/
$119 billion? Mirror 911? 9+1+1=11 (Eleven Satanic Rules of the Earth)
https://www.churchofsatan.com/eleven-rules-of-earth/
#8314759 at 2020-03-04 09:16:27 (UTC+1)
Q Research General #10645: Super Tues Done, What's Up Next? Edition
So…just another reminder regarding the greatest act of treason in American history!
1913!
A demonrat House, demonrat Senate and demonrat president (not deserving of a capital p) committed outright treason, violated the American Constitution, allowing the setting up of a foreign pond-scum central bank and giving control over the American currency - a control given by the Founding Fathers to ONLY the elected government - to those same foreign scumbags and turning 100's of millions of Americans into debt slaves to globalist pigs who feel it is their right to control all the money in the world and if people in any country want to use their own currency…they can borrow off the scum at interest.
Americans must never forget the last 107 years of slavery of ALL Americans orchestrated and implemented by the treasonous demonrat party!
The federal reserve is illegal, all debt involving the federal reserve are essentially "proceeds of a crime" and need not be submitted by anyone in this Constitutional Republic to the globalist scum who claim <<<they>>> own the American currency. NO, they own only the federal reserve toilet paper and they brand their toilet paper "federal reserve note" to distinguish it from real American currency which is identified as "United States Note."
We must never forget what has been done to generations of American citizens. They were made debt-slaves by the scum that are the demonrat party leadership, the main political puppets of the globalist scum who believe the world must bow to <<<them>>> and <<<their>>> orders.
ALL AMERICANS must keep this uppermost in mind - demonrats have always been slave owners. demonrats owned ALL slaves, demonrats created the kkk, demonrats voted against ending slavery, demonrats voted against allowing their slaves to vote, the demonrats voted against giving female slaves the right to vote, or be equal.
Now the demonrats want to destroy America the way they have been destroying the African-America community through the use of <<<their>>> planned parenthood 'plan' of murdering as many African-American babies as possible and planned parenthood is now the number one cause of death in the African-American community…and that's what the demonrats want for American citizens: debt, death and destruction. The 'D' party must cease to exist.
Anyone in America, ABSOLUTELY ANYONE who thinks the demonrat slave-owners should be voted for is NOT American!
#WWG1WGA
#NOTONEDEMOCRAT2020!
#NOTONESOCIALIST2020!
#NOTONERINO2020!
P.S. Corey Feldman and Corey Haim were raped repeatedly while they were child actors and the sub-human stephen king told Corey in a tweet to "chill." Truly, these people are sick and stephen king just outed himself as being at least a defender of if not actually a part of the pedowood swamp.
#3.09ForCoreyFeldmanMovieLiveStream
#ExecutionForPedophiles
#8314658 at 2020-03-04 08:36:32 (UTC+1)
Q Research General #10645: Super Tues Done, What's Up Next? Edition
#10642
>>8312392 Legal Defense Fund (INDIEGOGO) For Twin Pedophile Brothers Sentenced By DOJ Today
>>8312435 Live Stream of Bernie Rally Tonight (ytube)
>>8312447 The real reason Chris Matthews was fired from MSNBC-FAKE-FUCKING-NEWS
>>8312448, >>8312493, >>8312521 Tennessee Anon Gives Info on how to donate for Tornado Victims
>>8312492, >>8312768, >>8313002 Re: C comes before D. Alice in Wonderland, Page 37
>>8312469, >>8312484, >>8312484, >>8312653, >>8312490 Did @USMC just twat a photo with marine sporting a Q or TQ? You Decide
>>8312873 Anon Gives their SO FAR run down of Primaries
>>8312544 New @USArmy: Boom baby!
>>8312583 Lindsey Graham has started interviewing witnesses in FISA abuse investigation
>>8312619, >>8312950, >>8312969 Anons discuss Primary Chatter Results
>>8312662 Hillary Clinton Bashes Bernie Sanders on Super Tuesday (GWP)
>>8312737 PEER REVIEWED STUDY: CORONAVIRUS CAUSES NEUROLOGICAL DAMAGE THAT STOPS AUTONOMIC
>>8312714, Anon Reports: Trump has more votes for his primary than the FRONTRUNNERS IN THE DEMOCRAT PRIMARY IN TEXAS COMBINED!
>>8312794 77 people still missing after tornado in Putnam County TN. Lord Have Mercy
>>8312777, >>8312835 Trips say R turnout is dwarfing D Primary Turnout
>>8312823 Chessfags: Alice to Q's. White Pawn (Alice) to play, and win in eleven moves.
>>8312828 Anon with weak digging (j/k) DIGGs on Manhattan lawyer hospitalized w/COVID-19 - Call to DIGG
>>8312893 Apple co-founder Steve Wozniak suggests he might be coronavirus 'patient zero'
>>8313000 12 quarantined Kirkland firefighters showing 'flu-like' symptoms
>>8313011 Planefag Reports: Turn and Burn
>>8313048 Steve Wozniak is a Free Mason
>>8313055 Tukwila Homeland Security, immigration building closed after employee possibly exposed to coronavirus
>>8313082 #10642
#10641
>>8311643, >>8311704 Reminder: There's a ballistic missile named Trident D5
>>8311647, >>8311648 New DJT: Mini Mike, don't lick your dirty fingers. (vid embed)
>>8311660 Biden Sniffs Baby (vid embed)
>>8311664 Anon Writes to Q+: President Trump, I hope this is truly a link to you. Help us, Help eachother
>>8311666 Sanders wins big in home-state Vermont primary
>>8311682 Mike Bloomberg's campaign manager says Bloomberg is "absolutely not" dropping out
>>8311683, >>8311706, >>8311747 Fed Reserve: List of countries by central bank interest rates. America essentially subsidizing all developed nations.
>>8311961, >>8311999, >>8312034, >>8312202 Fed Reserve: On Removing Fed Chairmain
>>8311719 Minority Leader Kevin McCarthy accuses Pelosi of withholding COVID-19 bill so Dims can attack GOP
>>8311725 Rudy G: If you want a really clear explanation of the new #coronavirus, listen to my latest guest on Common Sense
>>8311742 Biden wins VA
>>8311753 Bloomberg wins American Samoa caucuses
>>8311767, >>8311990 SCOTUS: States Can Prosecute Illegal Aliens for Stealing American IDs
>>8311795 Boots on the Ground: Anon report on Voting CA - you CANNOT vote on Rep ticket if registered as NP
>>8311801 PF Report - CABAL71 USAF KC-135R Stratotanker I north from Honolulu
>>8311803 Trump campaign files suit against WaPo for 'false and defamatory' collusion claims
>>8311837 MILITARY CALLSIGN LIST - What is LOBO? Understanding Planefag talk 101 (pdf)
>>8311844 New DJT: THANK YOU VERMONT! #KAG2020
>>8311851 New DJT: THANK YOU NORTH CAROLINA! #KAG2020
>>8311898, >>8312003 RandPaul: President WiIl Not Sign Clean Renewal of FISA without Reform
>>8311975 US approves #Israel purchase of 8 KC-46 tanker aircraft for $2.4 billion
>>8311758, >>8311867, >>8311930, >>8312067, >>8311744 Anons ask are Switzerland and Denmark the heart of the cabal? Anons got pics.
>>8312150 New DJT: THANK YOU MASSACHUSETTS! #KAG2020
>>8312155 New DJT: THANK YOU TENNESSEE! #KAG2020
>>8312177 NY Times results page snap (.png)
>>8312280 #10641
Previously Collected Notables
>>8310007 #10638, >>8310753 #10639, >>8311553 #10640
>>8306862 #10634, >>8307739 #10635, >>8308404 #10636, >>8309199 #10637
>>8303725 #10630, >>8304539 #10631, >>8305321 #10632, >>8306055 #10633
>>8300583 #10626, >>8301367 #10627, >>8302178 #10628, >>8302983 #10629
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8313868 at 2020-03-04 05:10:04 (UTC+1)
Q Research General #10644: Late Night Best is Yet to Come Edition
#10641
>>8311643, >>8311704 Reminder: There's a ballistic missile named Trident D5
>>8311647, >>8311648 New DJT: Mini Mike, don't lick your dirty fingers. (vid embed)
>>8311660 Biden Sniffs Baby (vid embed)
>>8311664 Anon Writes to Q+: President Trump, I hope this is truly a link to you. Help us, Help eachother
>>8311666 Sanders wins big in home-state Vermont primary
>>8311682 Mike Bloomberg's campaign manager says Bloomberg is "absolutely not" dropping out
>>8311683, >>8311706, >>8311747 Fed Reserve: List of countries by central bank interest rates. America essentially subsidizing all developed nations.
>>8311961, >>8311999, >>8312034, >>8312202 Fed Reserve: On Removing Fed Chairmain
>>8311719 Minority Leader Kevin McCarthy accuses Pelosi of withholding COVID-19 bill so Dims can attack GOP
>>8311725 Rudy G: If you want a really clear explanation of the new #coronavirus, listen to my latest guest on Common Sense
>>8311742 Biden wins VA
>>8311753 Bloomberg wins American Samoa caucuses
>>8311767, >>8311990 SCOTUS: States Can Prosecute Illegal Aliens for Stealing American IDs
>>8311795 Boots on the Ground: Anon report on Voting CA - you CANNOT vote on Rep ticket if registered as NP
>>8311801 PF Report - CABAL71 USAF KC-135R Stratotanker I north from Honolulu
>>8311803 Trump campaign files suit against WaPo for 'false and defamatory' collusion claims
>>8311837 MILITARY CALLSIGN LIST - What is LOBO? Understanding Planefag talk 101 (pdf)
>>8311844 New DJT: THANK YOU VERMONT! #KAG2020
>>8311851 New DJT: THANK YOU NORTH CAROLINA! #KAG2020
>>8311898, >>8312003 RandPaul: President WiIl Not Sign Clean Renewal of FISA without Reform
>>8311975 US approves #Israel purchase of 8 KC-46 tanker aircraft for $2.4 billion
>>8311758, >>8311867, >>8311930, >>8312067, >>8311744 Anons ask are Switzerland and Denmark the heart of the cabal? Anons got pics.
>>8312150 New DJT: THANK YOU MASSACHUSETTS! #KAG2020
>>8312155 New DJT: THANK YOU TENNESSEE! #KAG2020
>>8312177 NY Times results page snap (.png)
>>8312280 #10641
#10640
>>8310842, >>8311444 planefag reports
>>8310870 Senior IDF officer goes into quarantine after returning from Italy on personal trip-timesof israel twatter and chek't on master site-the otheres if applicable as well
>>8310907 Documentary on disappearance of teenage yeshiva student links to rabbi jailed for sexual assault- haaretz twatter
>>8310913, >>8310927, >>8310968, >>8310991 anons on muh corona impact(s)
>>8310976 Buttigieg endorsed Biden after reportedly speaking with Obama-nypost
>>8310984 Man Charged with Distributing Fentanyl in Bristol-justice.gov
>>8310998 BIS Statistics: $658 trillion notional value of World-Wide derivatives etc
>>8311000 Bernie Twatter fire Super Tuesday (chek't)
>>8311017 Identical Twin Brothers Sentenced To Decades In Prison For Multiple Child Sex Exploitation And Child Pornography Offenses-justice.gov
>>8311023 15 counties in California experiencing problems with computers tied to statewide voter database: officials-ktla news
>>8311050 O.C. Man Arrested on Charges of Traveling Out of State to Engage in Illicit Sexual Acts with Minors and Producing Child Pornography-justice.gov
>>8311043 dentist girlfriend of Jeffrey Epstein who he phoned from prison just before he hanged himself
>>8311111 kek wills it:Skyking
>>8311121, >>8311131 Biogenic and Thermogenic Hydrocarbon Potential of the South Levant Basin and Eastern Nile Delta, Offshore Egypt-from 2019
>>8311129 New POTUS Twat: NIH
>>8311187, >>8311220, >>8311324, >>8311442 Divided Supreme Court takes on executive power and limits of independent federal agency authority
>>8311213 The United States and Ukraine hold their third cyber dialogue in Kyiv on Tuesday, March 3.
>>8311217 These people are sick
>>8311244 'Out on a Limb': Erdogan 'Trapped Between Major Powers Tired of His Game'
>>8311269, >>8311323 OCONEE COUNTY, Georgia - First responders were on the scene of a plane crash Tuesday in the town of Bishop, Georgia.
>>8311553 #10640
Previously Collected Notables
>>8310007 #10638, >>8310753 #10639
>>8306862 #10634, >>8307739 #10635, >>8308404 #10636, >>8309199 #10637
>>8303725 #10630, >>8304539 #10631, >>8305321 #10632, >>8306055 #10633
>>8300583 #10626, >>8301367 #10627, >>8302178 #10628, >>8302983 #10629
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8313139 at 2020-03-04 03:22:26 (UTC+1)
Q Research General #10643: These People (Steve Wozniak) Are Sick Edition
Global Announcements
>>8227327 Iwo Jima flag on YouTube for TOR posting
Notables
are not endorsements
#10642
>>8312392 Legal Defense Fund (INDIEGOGO) For Twin Pedophile Brothers Sentenced By DOJ Today
>>8312435 Live Stream of Bernie Rally Tonight (ytube)
>>8312447 The real reason Chris Matthews was fired from MSNBC-FAKE-FUCKING-NEWS
>>8312448, >>8312493, >>8312521 Tennessee Anon Gives Info on how to donate for Tornado Victims
>>8312492, >>8312768, >>8313002 Re: C comes before D. Alice in Wonderland, Page 37
>>8312469, >>8312484, >>8312484, >>8312653, >>8312490 Did @USMC just twat a photo with marine sporting a Q or TQ? You Decide
>>8312873 Anon Gives their SO FAR run down of Primaries
>>8312544 New @USArmy: Boom baby!
>>8312583 Lindsey Graham has started interviewing witnesses in FISA abuse investigation
>>8312619, >>8312950, >>8312969 Anons discuss Primary Chatter Results
>>8312662 Hillary Clinton Bashes Bernie Sanders on Super Tuesday (GWP)
>>8312737 PEER REVIEWED STUDY: CORONAVIRUS CAUSES NEUROLOGICAL DAMAGE THAT STOPS AUTONOMIC
>>8312714, Anon Reports: Trump has more votes for his primary than the FRONTRUNNERS IN THE DEMOCRAT PRIMARY IN TEXAS COMBINED!
>>8312794 77 people still missing after tornado in Putnam County TN. Lord Have Mercy
>>8312777, >>8312835 Trips say R turnout is dwarfing D Primary Turnout
>>8312823 Chessfags: Alice to Q's. White Pawn (Alice) to play, and win in eleven moves.
>>8312828 Anon with weak digging (j/k) DIGGs on Manhattan lawyer hospitalized w/COVID-19 - Call to DIGG
>>8312893 Apple co-founder Steve Wozniak suggests he might be coronavirus 'patient zero'
>>8313000 12 quarantined Kirkland firefighters showing 'flu-like' symptoms
>>8313011 Planefag Reports: Turn and Burn
>>8313048 Steve Wozniak is a Free Mason
>>8313055 Tukwila Homeland Security, immigration building closed after employee possibly exposed to coronavirus
>>8313082 #10642
#10641
>>8311643, >>8311704 Reminder: There's a ballistic missile named Trident D5
>>8311647, >>8311648 New DJT: Mini Mike, don't lick your dirty fingers. (vid embed)
>>8311660 Biden Sniffs Baby (vid embed)
>>8311664 Anon Writes to Q+: President Trump, I hope this is truly a link to you. Help us, Help eachother
>>8311666 Sanders wins big in home-state Vermont primary
>>8311682 Mike Bloomberg's campaign manager says Bloomberg is "absolutely not" dropping out
>>8311683, >>8311706, >>8311747 Fed Reserve: List of countries by central bank interest rates. America essentially subsidizing all developed nations.
>>8311961, >>8311999, >>8312034, >>8312202 Fed Reserve: On Removing Fed Chairmain
>>8311719 Minority Leader Kevin McCarthy accuses Pelosi of withholding COVID-19 bill so Dims can attack GOP
>>8311725 Rudy G: If you want a really clear explanation of the new #coronavirus, listen to my latest guest on Common Sense
>>8311742 Biden wins VA
>>8311753 Bloomberg wins American Samoa caucuses
>>8311767, >>8311990 SCOTUS: States Can Prosecute Illegal Aliens for Stealing American IDs
>>8311795 Boots on the Ground: Anon report on Voting CA - you CANNOT vote on Rep ticket if registered as NP
>>8311801 PF Report - CABAL71 USAF KC-135R Stratotanker I north from Honolulu
>>8311803 Trump campaign files suit against WaPo for 'false and defamatory' collusion claims
>>8311837 MILITARY CALLSIGN LIST - What is LOBO? Understanding Planefag talk 101 (pdf)
>>8311844 New DJT: THANK YOU VERMONT! #KAG2020
>>8311851 New DJT: THANK YOU NORTH CAROLINA! #KAG2020
>>8311898, >>8312003 RandPaul: President WiIl Not Sign Clean Renewal of FISA without Reform
>>8311975 US approves #Israel purchase of 8 KC-46 tanker aircraft for $2.4 billion
>>8311758, >>8311867, >>8311930, >>8312067, >>8311744 Anons ask are Switzerland and Denmark the heart of the cabal? Anons got pics.
>>8312150 New DJT: THANK YOU MASSACHUSETTS! #KAG2020
>>8312155 New DJT: THANK YOU TENNESSEE! #KAG2020
>>8312177 NY Times results page snap (.png)
>>8312280 #10641
#8312327 at 2020-03-04 01:48:23 (UTC+1)
Q Research General #10642: Primed for Primary Shift Edition
Global Announcements
>>8227327 Iwo Jima flag on YouTube for TOR posting
Notables
are not endorsements
#10641
>>8311643, >>8311704 Reminder: There's a ballistic missile named Trident D5
>>8311647, >>8311648 New DJT: Mini Mike, don't lick your dirty fingers. (vid embed)
>>8311660 Biden Sniffs Baby (vid embed)
>>8311664 Anon Writes to Q+: President Trump, I hope this is truly a link to you. Help us, Help eachother
>>8311666 Sanders wins big in home-state Vermont primary
>>8311682 Mike Bloomberg's campaign manager says Bloomberg is "absolutely not" dropping out
>>8311683, >>8311706, >>8311747 Fed Reserve: List of countries by central bank interest rates. America essentially subsidizing all developed nations.
>>8311961, >>8311999, >>8312034, >>8312202 Fed Reserve: On Removing Fed Chairmain
>>8311719 Minority Leader Kevin McCarthy accuses Pelosi of withholding COVID-19 bill so Dims can attack GOP
>>8311725 Rudy G: If you want a really clear explanation of the new #coronavirus, listen to my latest guest on Common Sense
>>8311742 Biden wins VA
>>8311753 Bloomberg wins American Samoa caucuses
>>8311767, >>8311990 SCOTUS: States Can Prosecute Illegal Aliens for Stealing American IDs
>>8311795 Boots on the Ground: Anon report on Voting CA - you CANNOT vote on Rep ticket if registered as NP
>>8311801 PF Report - CABAL71 USAF KC-135R Stratotanker I north from Honolulu
>>8311803 Trump campaign files suit against WaPo for 'false and defamatory' collusion claims
>>8311837 MILITARY CALLSIGN LIST - What is LOBO? Understanding Planefag talk 101 (pdf)
>>8311844 New DJT: THANK YOU VERMONT! #KAG2020
>>8311851 New DJT: THANK YOU NORTH CAROLINA! #KAG2020
>>8311898, >>8312003 RandPaul: President WiIl Not Sign Clean Renewal of FISA without Reform
>>8311975 US approves #Israel purchase of 8 KC-46 tanker aircraft for $2.4 billion
>>8311758, >>8311867, >>8311930, >>8312067, >>8311744 Anons ask are Switzerland and Denmark the heart of the cabal? Anons got pics.
>>8312150 New DJT: THANK YOU MASSACHUSETTS! #KAG2020
>>8312155 New DJT: THANK YOU TENNESSEE! #KAG2020
>>8312177 NY Times results page snap (.png)
>>8312280 #10641
#8312280 at 2020-03-04 01:43:13 (UTC+1)
Q Research General #10641: Freedom Huddle Edition
#10641
>>8311643, >>8311704 Reminder: There's a ballistic missile named Trident D5
>>8311647, >>8311648 New DJT: Mini Mike, don't lick your dirty fingers. (vid embed)
>>8311660 Biden Sniffs Baby (vid embed)
>>8311664 Anon Writes to Q+: President Trump, I hope this is truly a link to you. Help us, Help eachother
>>8311666 Sanders wins big in home-state Vermont primary
>>8311682 Mike Bloomberg's campaign manager says Bloomberg is "absolutely not" dropping out
>>8311683, >>8311706, >>8311747 Fed Reserve: List of countries by central bank interest rates. America essentially subsidizing all developed nations.
>>8311961, >>8311999, >>8312034, >>8312202 Fed Reserve: On Removing Fed Chairmain
>>8311719 Minority Leader Kevin McCarthy accuses Pelosi of withholding COVID-19 bill so Dims can attack GOP
>>8311725 Rudy G: If you want a really clear explanation of the new #coronavirus, listen to my latest guest on Common Sense
>>8311742 Biden wins VA
>>8311753 Bloomberg wins American Samoa caucuses
>>8311767, >>8311990 SCOTUS: States Can Prosecute Illegal Aliens for Stealing American IDs
>>8311795 Boots on the Ground: Anon report on Voting CA - you CANNOT vote on Rep ticket if registered as NP
>>8311801 PF Report - CABAL71 USAF KC-135R Stratotanker I north from Honolulu
>>8311803 Trump campaign files suit against WaPo for 'false and defamatory' collusion claims
>>8311837 MILITARY CALLSIGN LIST - What is LOBO? Understanding Planefag talk 101 (pdf)
>>8311844 New DJT: THANK YOU VERMONT! #KAG2020
>>8311851 New DJT: THANK YOU NORTH CAROLINA! #KAG2020
>>8311898, >>8312003 RandPaul: President WiIl Not Sign Clean Renewal of FISA without Reform
>>8311975 US approves #Israel purchase of 8 KC-46 tanker aircraft for $2.4 billion
>>8311758, >>8311867, >>8311930, >>8312067, >>8311744 Anons ask are Switzerland and Denmark the heart of the cabal? Anons got pics.
>>8312150 New DJT: THANK YOU MASSACHUSETTS! #KAG2020
>>8312155 New DJT: THANK YOU TENNESSEE! #KAG2020
>>8312177 NY Times results page snap (.png)
#10641
#8312171 at 2020-03-04 01:32:04 (UTC+1)
Q Research General #10641: Freedom Huddle Edition
Notables
Anything missed?
#10641
>>8311643, >>8311704 Reminder: There's a ballistic missile named Trident D5
>>8311647, >>8311648 New DJT: Mini Mike, don't lick your dirty fingers. (vid embed)
>>8311660 Biden Sniffs Baby (vid embed)
>>8311664 Anon Writes to Q+: President Trump, I hope this is truly a link to you. Help us, Help eachother
>>8311666 Sanders wins big in home-state Vermont primary
>>8311682 Mike Bloomberg's campaign manager says Bloomberg is "absolutely not" dropping out
>>8311683, >>8311706, >>8311747 Fed Reserve: List of countries by central bank interest rates. America essentially subsidizing all developed nations.
>>8311961, >>8311999 Fed Reserve: On Removing Fed Chairmain
>>8311719 Minority Leader Kevin McCarthy accuses Pelosi of withholding COVID-19 bill so Dims can attack GOP
>>8311725 Rudy G: If you want a really clear explanation of the new #coronavirus, listen to my latest guest on Common Sense
>>8311742 Biden wins VA
>>8311753 Bloomberg wins American Samoa caucuses
>>8311767, >>8311990 SCOTUS: States Can Prosecute Illegal Aliens for Stealing American IDs
>>8311795 Boots on the Ground: Anon report on Voting CA - you CANNOT vote on Rep ticket if registered as NP
>>8311801 PF Report - CABAL71 USAF KC-135R Stratotanker I north from Honolulu
>>8311803 Trump campaign files suit against WaPo for 'false and defamatory' collusion claims
>>8311837 MILITARY CALLSIGN LIST - What is LOBO? Understanding Planefag talk 101 (pdf)
>>8311844 New DJT: THANK YOU VERMONT! #KAG2020
>>8311851 New DJT: THANK YOU NORTH CAROLINA! #KAG2020
>>8311898, >>8312003 RandPaul: President WiIl Not Sign Clean Renewal of FISA without Reform
>>8311975 US approves #Israel purchase of 8 KC-46 tanker aircraft for $2.4 billion
>>8311758, >>8311867, >>8311930, >>8312067, >>8311744 Anons ask are Switzerland and Denmark the heart of the cabal? Anons got pics.
>>8312150 New DJT: THANK YOU MASSACHUSETTS! #KAG2020
>>8312155 New DJT: THANK YOU TENNESSEE! #KAG2020
#10641
#8311988 at 2020-03-04 01:14:00 (UTC+1)
Q Research General #10641: Freedom Huddle Edition
Notables
Anything missed?
#10641
>>8311643, >>8311704 Reminder: There's a ballistic missile named Trident D5
>>8311647, >>8311648 New DJT: Mini Mike, don't lick your dirty fingers. (vid embed)
>>8311660 Biden Sniffs Baby (vid embed)
>>8311664 Anon Writes to Q+: President Trump, I hope this is truly a link to you. Help us, Help eachother
>>8311666 Sanders wins big in home-state Vermont primary
>>8311682 Mike Bloomberg's campaign manager says Bloomberg is "absolutely not" dropping out
>>8311683, >>8311706, >>8311747 Fed Reserve: "List of countries by central bank interest rates. America essentially subsidizing all developed nations.
>>8311719 Minority Leader Kevin McCarthy accuses Pelosi of withholding COVID-19 bill so Dims can attack GOP
>>8311725 Rudy G: If you want a really clear explanation of the new #coronavirus, listen to my latest guest on Common Sense
>>8311742 Biden wins VA
>>8311753 Bloomberg wins American Samoa caucuses
>>8311767 SCOTUS: States Can Prosecute Illegal Aliens for Stealing American IDs
>>8311795 Boots on the Ground: Anon report on Voting CA - you CANNOT vote on Rep ticket if registered as NP
>>8311801 PF Report - CABAL71 USAF KC-135R Stratotanker I north from Honolulu
>>8311803 Trump campaign files suit against WaPo for 'false and defamatory' collusion claims
>>8311837 MILITARY CALLSIGN LIST - What is LOBO? Understanding Planefag talk 101 (pdf)
>>8311844 New DJT: THANK YOU VERMONT! #KAG2020
>>8311851 New DJT: THANK YOU NORTH CAROLINA! #KAG2020
>>8311898 @RandPaul: @realDonaldTrump… will NOT accept a clean reauthorization of the Patriot Act without significant FISA reform!
>>8311975 US approves #Israel purchase of 8 KC-46 tanker aircraft for $2.4 billion
#10641
#8311683 at 2020-03-04 00:34:22 (UTC+1)
Q Research General #10641: Freedom Huddle Edition
>>8311220 lb
Let Jerome Powell explain the order of this list. Why is America subsidizing essentially all other developed nations?
PLEASE TWEET THIS SCREEN CAPTURE
"List of countries by central bank interest rates"
https://en.wikipedia.org/wiki/List_of_countries_by_central_bank_interest_rates
>>8311324 lb
>>8311364 lb
>>8311373 lb
>>8311398 lb
>>8311403 lb
>>8311418 lb
>>8311421 lb
>>8311432 lb
>>8311442 lb
>>8311531 lb
>>8311547 lb
>>8311553 lb
>>8311563 lb
>>8311590 lb
>>8311600 lb
#8311244 at 2020-03-03 23:39:32 (UTC+1)
Q Research General #10640: Barrel Roll Blues Edition
'Out on a Limb': Erdogan 'Trapped Between Major Powers Tired of His Game'
Amid his attempts to salvage a collapsing situation in Syria's Idlib Governorate, Turkish President Recep Tayyip Erdogan has few friends to turn to, having alienated every major power by playing them against one another for so long, an expert tells Sputnik.
In northern Syria in the past few weeks, a shooting war has broken out between Turkish forces in support of their proxies occupying Idlib and the Russian forces fighting alongside the Syrian Arab Army to retake the province for Damascus. Erodgan has tried and failed to invoke Article 5 of the NATO charter, which would have brought his European and American allies into the war on Ankara's side, and on Thursday, he is traveling to Moscow to meet with Russian President Vladimir Putin directly.
Tom Luongo, independent politics, culture and market analyst at Gold Goats 'n Guns, told Radio Sputnik's Political Misfits Tuesday the Moscow summit would be "the tale of the tape, as it were," spelling out in no uncertain terms just how much - or how little - capability Erdogan has in this fight.
"I firmly believe that from the moment the Syrian operation began that Erdogan was promised most of Idlib and a 30-mile buffer zone between Turkey's southern borders and Syria's northern borders ... in order to effectively break up the two Kurdish cantons, two Kurdish enclaves in Syria. That's what Erdogan wants, and he also wants most of Idlib," Luongo said.
"I think he's been very - well, in his mind - skillfully managing both the United States and Russia to weasel them to get what he wants, playing both sides against each other at strategic times. He flip-flops constantly," Luongo noted. "One week he's hugging Putin for saving his life, and the next week he's asking [US President Donald] Trump for Patriot missile batteries … It goes back and forth, but Idlib has been kind of the thing that he's bargained for in all of his negotiations with Putin."
Luongo said that when Erdogan won the establishment of the de-escalation zone in September 2018 after the invasion of Idlib by Turkish forces earlier that year, that he firmly believed he had established a new southern border of Turkey by doing so.
"I think Erdogan has overplayed his hand. I think he's now into desperation mode. Remember two or three years ago, certainly right after the [2016] coup attempt, his popularity was still very strong. But he's lost two major regional elections in Turkey in the last 12 months - one in Istanbul and one in Ankara - and the latest poll that I've seen has his approval rating down in the low 40s. Salt that to taste, it's one poll, but it's been trending in that direction for a long time now."
"Unemployment is rising again. He's demanding the central bank get interest rates down into single digits while inflation is beginning to rise. None of this has anything to do with any kind of hybrid war pressure being placed on the lira because he's buying S-400s from the Russians, like in 2018. He's got real fiscal problems now. He's got $168 billion in Turkish corporate debt, which has to be rolled over in the next 12 months, and they don't have the money. And now he's ticked off everyone who helped him get through the last funding crisis in 2018, which stabilized the lira," Luongo said.
"So, he's going to Moscow on Thursday to try and cut a deal with Putin to get some of Syria and say 'Well, just give me something,' so he can save face at home and stay in power," he noted. "I don't think Putin's going to give him anything, because ultimately, at the end of the day, Putin doesn't need Erdogan. He needs Turkey, but he doesn't need him. I think at this point, everybody's tired of this guy constantly playing everybody against each other, and he finds himself trapped between major powers who are tired of his game. I don't think it's going to work for him here."
"I'm becoming convinced that, within a year, he's going to be out of power, and this time no one's going to save him," Loungo told hosts Bob Schlehuber and Jamarl Thomas. "He's out on a limb."
https://sputniknews.com/analysis/202003031078466801-out-on-a-limb-erdogan-trapped-between-major-powers-tired-of-his-game/
#8310357 at 2020-03-03 21:28:36 (UTC+1)
Q Research General #10639: Dank Hume, Not Your Vinyl Collection Genre Edition
President Trump called for further rate cuts after the Federal Reserve slashed rates by half a percentage point
WASHINGTON/TOKY0 (Reuters) - The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move to shield the world's largest economy from the impact of the coronavirus, as Group of Seven finance officials pledged unspecified "appropriate" policy moves.
The Fed said it was cutting rates by a half percentage point to a target range of 1.00% to 1.25%. The decision was unanimous.
"The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity," it said in a statement.
President Donald Trump said a half point cut was not enough.
The coronavirus, which emerged in the central Chinese city of Wuhan late last year, has spread around the world, with more new cases now appearing outside China than inside.
It has decimated international air traffic and hit sports events, trade exhibitions, concerts, book fairs, prayer meetings and other large gatherings worldwide.
There are almost 91,000 cases globally of which more than 80,000 are in China. Infections have appeared in 77 other countries and territories, with Ukraine the latest to report its first case.
China's death toll was 2,943, with more than 125 fatalities elsewhere.
Finance ministers from the G7 group of rich countries were ready to take action, including fiscal measures where appropriate, Japanese Finance Minister Taro Aso said. central banks would continue to support price stability and economic growth.
"We reaffirmed our commitment to adopt all appropriate policy steps to protect the economy from downside risks posed by the coronavirus, and that we stand ready to cooperate further on timely and effective measures," Aso told reporters after a G7 call.
He offered no quick fix and said the desirable policy response would vary from country to country. Asked if all appropriate policy steps would include both monetary and fiscal measures, Aso said: "Yes, anything will be included."
Trump said the Fed needed to ease rates further to "come into line with other countries/competitors," Trump tweeted.
"We are not playing on a level field. Not fair to USA. It is finally time for the Federal Reserve to LEAD. More easing and cutting!" he tweeted.
AGGRESSIVE CONTAINMENT
U.S. Treasury Secretary Steven Mnuchin applauded the "non-political" Fed move and told the U.S. House Ways and Means Committee that G7 finance ministers and central bank governors had agreed to "do everything possible" to limit economic harm.
He said the United States was not considering lowering tariffs on goods from China, after a bruising trade war with the world's second-largest economy, but would look at all options.
Global stock markets seesawed in volatile trade and gold prices rose more than 2% after the Fed move. Shares in Europe rose to trade more than 2% higher on the day.
Global stocks suffered a rout last week on fears that the disruption to supply chains, factory output and global travel caused by the epidemic could deal a serious blow to a world economy trying to recover from the U.S.-China trade war.
About 3.4% of reported coronavirus patients had died, World Health Organization chief Tedros Adhanom Ghebreyesus said in Geneva. As a percentage, seasonal flu, which infects hundreds of thousands each year worldwide, kills far fewer.
But the coronavirus outbreak, also known as COVID-19, could be controlled, he said.
"To summarize, COVID-19 spreads less efficiently than flu, transmission does not appear to be driven by people who are not sick, it causes more severe illness than flu, there are not yet any vaccines or therapeutics, and it can be contained."
China - where new coronavirus cases have been falling sharply and Tedros said the 129 in the last 24 hours was the lowest number since Jan. 20 - is increasingly concerned about the virus being brought back into the country by citizens returning from new hotspots elsewhere.
Slideshow (10 Images)
Travellers entering Beijing from South Korea, Japan, Iran and Italy would have to be quarantined for 14 days, a city official said. Shanghai has introduced a similar order.
SIX DIE IN SEATTLE
The worst outbreak outside China is in South Korea, where President Moon Jae-in declared war on the virus, ordering additional hospital beds and more masks as cases rose by 600 to nearly 5,000, with 34 deaths.
In the United States, the virus is now believed to be present in at least four communities in the Pacific Northwest.
Six people have died in an outbreak in Seattle. The U.S. Centers for Disease Control and Prevention lists more than 90 cases nationwide, many of them patients repatriated from the Diamond Princess cruise liner that was quarantined in Japan.
https://twitter.com/Reuters/status/1234952941536104448
#8309364 at 2020-03-03 18:55:36 (UTC+1)
Q Research General #10638: Potus Living Rent Free in DNC HeadsEdition
US Equities Drop Despite Emergency Rate Cut By Fed, 10-Year Yield Sinks
The Federal Reserve cut interest rate by 50 basis points to the 1% to 1.25% range
Stocks initially rose on news of rate cut, then declined again
Australia, Malaysia central banks cut their interest rates
U.S. stocks were sharply lower in erratic trading at noon on Tuesday even though the Federal Reserve announced an emergency rate cut of 50 basis points to the 1% to 1.25% range in response to the threat from the coronavirus. The yield on the 10-year Treasury sank to another all-time intraday low of 1.031% as of 12 p.m.
The Dow Jones Industrial Average dropped 256.79 points to 26,446.53 while the S&P 500 fell 20.59 points to 3,069.64 and the Nasdaq Composite Index tumbled 52.59 points to 8,899.57.
In its statement the Fed said: "The fundamentals of the U.S. economy remain strong. However, the coronavirus poses evolving risks to economic activity."
The central bank added that it "is closely monitoring developments and their implications for the economic outlook and will use its tools and act as appropriate to support the economy."
In a subsequent press conference, Fed Chairman Jerome Powell said: "My colleagues and I took this action to help the U.S. economy keep strong in the face of new risks to the economic outlook. The spread of the coronavirus has brought new challenges and risks."
However, the Fed's move only deepened worries about the magnitude of the virus' impact on economies.
"It's great that the Federal Reserve recognizes that there's going to be weakness, but it makes me feel, wow, the weakness must be much more than I thought," said Jim Cramer of CNBC. "I'm now nervous. I'm more nervous than I was before."
Earlier, the Group of Seven industrial powers and central bank chiefs issued a statement calling for a coordinated response to the effects of the coronavirus.
"We reaffirm our commitment to use all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside risks," G7 stated. "G7 finance ministers are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy during this phase. G7 central banks will continue to fulfill their mandates, thus supporting price stability and economic growth while maintaining the resilience of the financial system."
The Reserve bank of Australia on Tuesday reduced its cash rate by 25 basis points to 0.5%, a new all-time low. This was the RBA's fourth cut in less than a year. The central bank's governor Philip Lowe stated the coronavirus outbreak has a "significant effect" on Australia's economy and said the rate cut was designed to "provide additional support to employment and economic activity."
https://www.ibtimes.com/tuesdays-stock-market-noon-us-equities-drop-despite-emergency-rate-cut-fed-10-year-2933119
#8307877 at 2020-03-03 15:14:15 (UTC+1)
Q Research General #10636: Anons Don't Chock Under Pressure Edition
>>8307836, >>8307839, >>8294930 pb #10619
Fed cuts rates by half a percentage point to combat coronavirus slowdown
The Federal Reserve announced an emergency rate cut Tuesday of half a percentage point in response to the growing economic threat from the novel coronavirus.
The move was the first such cut since the financial crisis. It comes amid a volatile patch on Wall Street and amid a steady stream of hectoring from President Donald Trump, who has called for lower rates to stay competitive with policy at other global central banks.
"The coronavirus poses evolving risks to economic activity," the Fed said in a statement. "In light of these risks and in support of achieving its maximum employment and price stability goals, the Federal Open Market Committee decided today to lower the target range for the federal funds rate."
Markets had been widely expecting the U.S. central bank to take some type of action, with anticipation of a 50 basis point cut by the next Federal Open Market Committee meeting later this month. Goldman Sachs economists over the weekend said they anticipated a 50 basis point cut that could come before the meeting.
The move comes the same morning the G-7 announced that it would commit unspecified tools to help the global economy deal with the threat, and as Wall Street was in the midst of another market sell-off.
Markets immediately turned higher on the announcement.
In addition to the cut on its benchmark overnight borrowing rate, the Fed also announced a half-percentage-point cut on the interest it pays on excess bank reserves. The IOER is used as a guardrail for the fed funds rate.
https://www.cnbc.com/2020/03/03/fed-cuts-rates-by-half-a-percentage-point-to-combat-coronavirus-slowdown.html
didn't even wait until weds.
#8307654 at 2020-03-03 14:19:55 (UTC+1)
Q Research General #10636: Anons Don't Chock Under Pressure Edition
#10634
baker change
>>8306147 Resignations in the news 3/2/20
>>8306177 Iranian Health Ministry preparing for house-to-house checks re corona
>>8306245 DJT Australia's central bank cut interest rates (1st part only, now deleted)
>>8306281 DJT Reissued Australia tweet with 2 parts (slams Fed Jerome Powell in part 2)
>>8306362 Counterinsurgency resources
>>8306148, >>8306306 Trump formally sends Ratcliffe nomination for DNI to Senate
>>8306380 Legal services giant Epiq Global hit by ransomware attack
>>8306460 Rudy podcast: $5.3bil in Ukrainian foreign aid missing (ep 11, 49 min)
>>8306483 Defense closes in Joshua Schulte case
>>8306485 Joe M: Corrupt Sen. Amy Klobuchar was county atty who dismissed drug charge in 2005 against #MAGAbomber
>>8306404, >>8306466, >>8306490, >>8306513,>>8306641, >>8306791 Downtown Nashville just hit by a large tornado
>>8306526 COVID-19 stats in Ontario
>>8306587, >>8306659 CM: Catalog bug should be fixed now. Please let me know if it is still persisting after today.
>>8306626 Re giving vaxxes to their own children after 2009: many MDs said they would deviate from CDC guidelines due to safety concerns (2012)
>>8306629 NASA has began accepting applications Monday for future astronauts
>>8306580, >>8306683 Nunes sues Wapo; interview with Maria B. plus article
>>8306162, >>8306713, >>8306269, >>8306304, >>8306676 Uighur Muslim prisoners shackled and blindfolded (vid clip)
>>8306588 Chinese Man Convicted of Money Laundering for Mexican Drug Racketeers
>>8306736 Two Former Church Members Admit Forced Labor Conspiracy
>>8306812 Covid-19 antiviral research
>>8306843 MSNBC's Chris Matthews Announces He's 'Retiring
>>8306862 #10634
#10633
>>8305996 @USArmy You're never alone!
>>8305947 Behold the epic takedown of Will Summer and Jared Holt. vid
>>8305875 China assumes presidency of UN Security Council for March
>>8305786 Fed sealed indictments map
>>8305917 King county coroner bio
>>8305707 Apollo Global Management Sr. Director sold: %28.84m-Feb 27-28 $ Mar 2
>>8305664 Potus: Thank you @JackBrewerBSI. We're with you all the way.
>>8305644 Nike, Apple and Dell. have no problem enslaving 80,000 Chinese Muslim Uighurs
>>8305583, >>8305651, >>8305726 Boatfags on routes to Evergreen/Washington state/container stowaways/corona virus
>>8305573 planefaggin
>>8305545 Potus: WOW! Sleepy Joe doesn't know where he is, or what he's doing. Honestly, I don't think he even knows what office he's running for!
>>8305517 Potus: The Democrats in the House should propose a very simple one year Payroll Tax cut.
>>8305433 POTUS Schedule for TUESDAY, March 3, 2020
>>8305427 For the Keks! Hospitals dress leap day babies in adorable frog outfits.
>>8305408, >>8305718 Washington's Corona Virus Medical Examiner's paper on illegal immigrants arriving in shipping containers pdf
>>8305406 @SecPompeo We stand with Israel. #AIPAC2020 #AIPACProud
>>8307600 Planefag report -RCAF CFC4233 C-130 out of Dakar, Senegal
>>8306055 #10633
Previously Collected Notables
>>8303725 #10630, >>8304539 #10631, >>8305321 #10632
>>8300583 #10626, >>8301367 #10627, >>8302178 #10628, >>8302983 #10629
>>8297409 #10622, >>8298218 #10623, >>8299059 #10624, >>8299791 #10625
>>8294346 #10618, >>8295133 #10619, >>8295899 #10620, >>8296652 #10621
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8307461 at 2020-03-03 13:32:40 (UTC+1)
Q Research General #10635: Q Research Has Come A Long Way Edition
>>8307459
Bernanke's reasoning in saying no to the muni bond facility was that he lacked the statutory tools.. The Fed is limited by statute to buying municipal government debt with maturities of six months or less that is directly backed by tax or other assured revenue, a form of debt that makes up less than 2% of the overall muni market.
The Federal Reserve Act was drafted by bankers to create a banker's bank that would serve their interests. It is their own private club, and its legal structure keeps all non-members out. A century after the Fed's creation, a sober look at its history leads to the conclusion that it is a privately controlled institution whose corporate owners use it to direct our entire economy for their own ends, without democratic influence or accountability. Substantial changes are needed to transform the Fed, and these will only come with massive public pressure.
Congress has the power to amend the Fed - just as it did in 1934, 1958 and 2010. For the central bank to satisfy its mandate to promote full employment and to become an institution that serves all the people, not just the 1%, the Fed needs fundamental reform.
#8307459 at 2020-03-03 13:31:57 (UTC+1)
Q Research General #10635: Q Research Has Come A Long Way Edition
>>8307451
Earlier central bank Ventures into Commercial Lending
That sounds like a radical departure today, but the Fed has ventured into commercial banking before. In 1934, Section 13(b) was added to the Federal Reserve Act, authorizing the Fed to "make credit available for the purpose of supplying working capital to established industrial and commercial businesses." This long-forgotten section was implemented and remained in effect for 24 years. In a 2002 article on the Minneapolis Fed's website called "Lender of More Than Last Resort," David Fettig noted that 13(b) allowed Federal Reserve banks to make loans directly to any established businesses in their districts, and to share in loans with private lending institutions if the latter assumed 20 percent of the risk. No limitation was placed on the amount of a single loan.
Fettig wrote that "the Fed was still less than 20 years old and many likely remembered the arguments put forth during the System's founding, when some advocated that the discount window should be open to all comers, not just member banks." In Australia and other countries, the central bank was then assuming commercial as well as central bank functions.
Section 13(b) was eventually repealed, but the Federal Reserve Act retained enough vestiges of it in 2008 to allow the Fed to intervene to save a variety of non-bank entities from bankruptcy. The problem was that the tool was applied selectively. The recipients were major corporate players, not local businesses or local governments. Fettig wrote:
Section 13(b) may be a memory, . . . but Section 13 paragraph 3 . . . is alive and well in the Federal Reserve Act. . . . [T]his amendment allows, "in unusual and exigent circumstances," a Reserve bank to advance credit to individuals, partnerships and corporations that are not depository institutions.
In 2008, the Fed bailed out investment company Bear Stearns and insurer AIG, neither of which was a bank. Bear Stearns got almost $1 trillion in short-term loans, with interest rates as low as 0.5%. The Fed also made loans to other corporations, including GE, McDonald's, and Verizon.
In 2010, Section 13(3) was modified by the Dodd-Frank bill, which replaced the phrase "individuals, partnerships and corporations" with the vaguer phrase "any program or facility with broad-based eligibility." As explained in the notes to the bill:
Only Broad-Based Facilities Permitted. Section 13(3) is modified to remove the authority to extend credit to specific individuals, partnerships and corporations. Instead, the Board may authorize credit under section 13(3) only under a program or facility with "broad-based eligibility."
What programs have "broad-based eligibility" is not clear from a reading of the Section, but it isn't individuals or local businesses. It also isn't state and local governments.
No Others Need Apply
In 2009, President Obama proposed that the Fed extend its largess to the cash-strapped cities and states battered by the banking crisis. "Small businesses and state and local governments are having serious difficulty obtaining necessary financing from debt markets," Obama said. He proposed that the Fed buy municipal bonds to cut their rising borrowing costs.
The proposed municipal bond facility would have been based on the Fed program to buy commercial paper, which had almost single-handedly propped up the market for short-term corporate borrowing. Investors welcomed the muni bond proposal as a first step toward supporting the market.
But Bernanke rejected the proposal. Why? It could hardly be argued that the Fed didn't have the money. The collective budget deficit of the states for 2011 was projected at $140 billion, a drop in the bucket compared to the sums the Fed had managed to come up with to bail out the banks. According to data released in 2011, the central bank had provided roughly $3.3 trillion in liquidity and $9 trillion in short-term loans and other financial arrangements to banks, multinational corporations, and foreign financial institutions following the credit crisis of 2008. Later revelations pushed the sum up to $16 trillion or more.
#8307451 at 2020-03-03 13:29:51 (UTC+1)
Q Research General #10635: Q Research Has Come A Long Way Edition
>>8307438
A Helicopter Drop That Missed Its Target
All this is far from the helicopter drop proposed by Ben Bernanke in 2002 as a quick fix for deflation. He told the Japanese, "The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost." Later in the speech he discussed "a money-financed tax cut," which he said was "essentially equivalent to Milton Friedman's famous 'helicopter drop' of money." Deflation could be cured, said Professor Friedman, simply by dropping money from helicopters.
But there has been no cloudburst of money raining down on the people. The money has gotten only into the reserve accounts of banks. John Lounsbury, writing in Econintersect, observes that Friedman's idea of a helicopter drop involved debt-free money printed by the government and landing in people's bank accounts. "He foresaw the money entering the economy through bank deposits, not through bank reserves which was the pathway available to Bernanke. . . . [W]hen Ben Bernanke fired up his helicopter engines he took the only path available to him."
Bernanke created debt-free money and bought government debt with it, returning the interest to the Treasury. The result was interest-free credit, a good deal for the government. But the problem, says Lounsbury, is that:
The helicopters dropped all the money into a hole in the ground (excess reserve accounts) and very little made its way into the economy. It was essentially a rearrangement of the balance sheets of the creditor nation with little impact on the debtor nation.
. . . The fatal flaw of QE is that it delivers money to the accounts of the creditors and does nothing for the accounts of the debtors. Bad debts remain unserviced and the debt crisis continues.
Thinking Outside the Box
Bernanke delivered the money to the creditors because that was all the Federal Reserve Act allowed. If the Fed is to fulfill its mandate, it clearly needs more tools; and that means amending the Act. Harvard professor Ken Rogoff, who spoke at the November 2013 IMF conference before Larry Summers, suggested several possibilities; and one was to broaden access to the central bank, allowing anyone to have an ATM at the Fed.
Rajiv Sethi, Barnard/Columbia Professor of Economics, expanded on this idea in a blog titled "The Payments System and Monetary Transmission." He suggested making the Federal Reserve the repository for all deposit banking. This would make deposit insurance unnecessary; it would eliminate the need to impose higher capital requirements; and it would allow the Fed to implement monetary policy by targeting debtor rather than creditor balance sheets. Instead of returning its profits to the Treasury, the Fed could do a helicopter drop directly into consumer bank accounts, stimulating demand in the consumer economy.
John Lounsbury expanded further on these ideas. He wrote in Econintersect that they would open a pathway for investment banking and depository banking to be separated from each other, analogous to that under Glass-Steagall. banks would no longer be too big to fail, since they could fail without destroying the general payment system of the economy. Lounsbury said the central bank could operate as a true public bank and repository for all federal banking transactions, and it could operate in the mode of a postal savings system for the general populace.
#8307438 at 2020-03-03 13:27:07 (UTC+1)
Q Research General #10635: Q Research Has Come A Long Way Edition
https://www.commondreams.org/views/2013/12/08/amend-fed-we-need-central-bank-serves-main-street
Published on
Sunday, December 08, 2013
by
Common Dreams
Amend the Fed: We Need a central bank that Serves Main Street
by
Ellen Brown
December 23rd marks the 100th anniversary of the Federal Reserve. Dissatisfaction with its track record has prompted calls to audit the Fed and end the Fed. At the least, Congress needs to amend the Fed, modifying the Federal Reserve Act to give the central bank the tools necessary to carry out its mandates.
The Federal Reserve is the only central bank with a dual mandate. It is charged not only with maintaining low, stable inflation but with promoting maximum sustainable employment. Yet unemployment remains stubbornly high, despite four years of radical tinkering with interest rates and quantitative easing (creating money on the Fed's books). After pushing interest rates as low as they can go, the Fed has admitted that it has run out of tools.
At an IMF conference on November 8, 2013, former Treasury Secretary Larry Summers suggested that since near-zero interest rates were not adequately promoting people to borrow and spend, it might now be necessary to set interest at below zero. This idea was lauded and expanded upon by other ivory-tower inside-the-box thinkers, including Paul Krugman.
Negative interest would mean that banks would charge the depositor for holding his deposits rather than paying interest on them. Runs on the banks would no doubt follow, but the pundits have a solution for that: move to a cashless society, in which all money would be electronic. "This would make it impossible to hoard cash outside the bank," wrote Danny Vinik in Business Insider, "allowing the Fed to cut interest rates to below zero, spurring people to spend more." He concluded:
. . . Summers' speech is a reminder to all liberals that he is a brilliant economist who grasps the long-term issues of monetary policy and would likely have made an exemplary Fed chair.
Maybe; but to ordinary mortals living in the less rarefied atmosphere of the real world, the proposal to impose negative interest rates looks either inane or like the next giant step toward the totalitarian New World Order. Business Week quotes Douglas Holtz-Eakin, a former director of the Congressional Budget Office: "We've had four years of extraordinarily loose monetary policy without satisfactory results, and the only thing they come up with is we need more?"
Paul Craig Roberts, former Assistant Secretary of the Treasury, calls the idea "harebrained." He is equally skeptical of quantitative easing, the Fed's other tool for stimulating the economy. Roberts points to Andrew Huszar's explosive November 11th Wall Street Journal article titled "Confessions of a Quantitative Easer," in which Huszar says that QE was always intended to serve Wall Street, not Main Street. Huszar's assignment at the Fed was to manage the purchase of $1.25 trillion in mortgages with dollars created on a computer screen. He says he resigned when he realized that the real purpose of the policy was to drive up the prices of the banks' holdings of debt instruments, to provide the banks with trillions of dollars at zero cost with which to lend and speculate, and to provide the banks with "fat commissions from brokering most of the Fed's QE transactions."
#8306867 at 2020-03-03 09:49:23 (UTC+1)
Q Research General #10635: Q Research Has Come A Long Way Edition
Global Announcements
>>8227327 Iwo Jima flag on YouTube for TOR posting
Notables
are not endorsements
#10634
baker change
>>8306147 Resignations in the news 3/2/20
>>8306177 Iranian Health Ministry preparing for house-to-house checks re corona
>>8306245 DJT Australia's central bank cut interest rates (1st part only, now deleted)
>>8306281 DJT Reissued Australia tweet with 2 parts (slams Fed Jerome Powell in part 2)
>>8306362 Counterinsurgency resources
>>8306148, >>8306306 Trump formally sends Ratcliffe nomination for DNI to Senate
>>8306380 Legal services giant Epiq Global hit by ransomware attack
>>8306460 Rudy podcast: $5.3bil in Ukrainian foreign aid missing (ep 11, 49 min)
>>8306483 Defense closes in Joshua Schulte case
>>8306485 Joe M: Corrupt Sen. Amy Klobuchar was county atty who dismissed drug charge in 2005 against #MAGAbomber
>>8306404, >>8306466, >>8306490, >>8306513,>>8306641, >>8306791 Downtown Nashville just hit by a large tornado
>>8306526 COVID-19 stats in Ontario
>>8306587, >>8306659 CM: Catalog bug should be fixed now. Please let me know if it is still persisting after today.
>>8306626 Re giving vaxxes to their own children after 2009: many MDs said they would deviate from CDC guidelines due to safety concerns (2012)
>>8306629 NASA has began accepting applications Monday for future astronauts
>>8306580, >>8306683 Nunes sues Wapo; interview with Maria B. plus article
>>8306162, >>8306713, >>8306269, >>8306304, >>8306676 Uighur Muslim prisoners shackled and blindfolded (vid clip)
>>8306588 Chinese Man Convicted of Money Laundering for Mexican Drug Racketeers
>>8306736 Two Former Church Members Admit Forced Labor Conspiracy
>>8306812 Covid-19 antiviral research
>>8306843 MSNBC's Chris Matthews Announces He's 'Retiring
>>8306862 #10634
#10633
>>8305996 @USArmy You're never alone!
>>8305947 Behold the epic takedown of Will Summer and Jared Holt. vid
>>8305875 China assumes presidency of UN Security Council for March
>>8305786 Fed sealed indictments map
>>8305917 King county coroner bio
>>8305707 Apollo Global Management Sr. Director sold: %28.84m-Feb 27-28 $ Mar 2
>>8305664 Potus: Thank you @JackBrewerBSI. We're with you all the way.
>>8305644 Nike, Apple and Dell. have no problem enslaving 80,000 Chinese Muslim Uighurs
>>8305583, >>8305651, >>8305726 Boatfags on routes to Evergreen/Washington state/container stowaways/corona virus
>>8305573 planefaggin
>>8305545 Potus: WOW! Sleepy Joe doesn't know where he is, or what he's doing. Honestly, I don't think he even knows what office he's running for!
>>8305517 Potus: The Democrats in the House should propose a very simple one year Payroll Tax cut.
>>8305433 POTUS Schedule for TUESDAY, March 3, 2020
>>8305427 For the Keks! Hospitals dress leap day babies in adorable frog outfits.
>>8305408, >>8305718 Washington's Corona Virus Medical Examiner's paper on illegal immigrants arriving in shipping containers pdf
>>8305406 @SecPompeo We stand with Israel. #AIPAC2020 #AIPACProud
>>8306055 #10633
#8306862 at 2020-03-03 09:47:33 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
#10634
baker change
>>8306147 Resignations in the news 3/2/20
>>8306177 Iranian Health Ministry preparing for house-to-house checks re corona
>>8306245 DJT Australia's central bank cut interest rates (1st part only, now deleted)
>>8306281 DJT Reissued Australia tweet with 2 parts (slams Fed Jerome Powell in part 2)
>>8306362 Counterinsurgency resources
>>8306148, >>8306306 Trump formally sends Ratcliffe nomination for DNI to Senate
>>8306380 Legal services giant Epiq Global hit by ransomware attack
>>8306460 Rudy podcast: $5.3bil in Ukrainian foreign aid missing (ep 11, 49 min)
>>8306483 Defense closes in Joshua Schulte case
>>8306485 Joe M: Corrupt Sen. Amy Klobuchar was county atty who dismissed drug charge in 2005 against #MAGAbomber
>>8306404, >>8306466, >>8306490, >>8306513,>>8306641, >>8306791 Downtown Nashville just hit by a large tornado
>>8306526 COVID-19 stats in Ontario
>>8306587, >>8306659 CM: Catalog bug should be fixed now. Please let me know if it is still persisting after today.
>>8306626 Re giving vaxxes to their own children after 2009: many MDs said they would deviate from CDC guidelines due to safety concerns (2012)
>>8306629 NASA has began accepting applications Monday for future astronauts
>>8306580, >>8306683 Nunes sues Wapo; interview with Maria B. plus article
>>8306162, >>8306713, >>8306269, >>8306304, >>8306676 Uighur Muslim prisoners shackled and blindfolded (vid clip)
>>8306588 Chinese Man Convicted of Money Laundering for Mexican Drug Racketeers
>>8306736 Two Former Church Members Admit Forced Labor Conspiracy
>>8306812 Covid-19 antiviral research
>>8306843 MSNBC's Chris Matthews Announces He's 'Retiring
FINAL
#8306849 at 2020-03-03 09:37:34 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
#10634
baker change
>>8306147 Resignations in the news 3/2/20
>>8306177 Iranian Health Ministry preparing for house-to-house checks re corona
>>8306245 DJT Australia's central bank cut interest rates (1st part only, now deleted)
>>8306281 DJT Reissued Australia tweet with 2 parts (slams Fed Jerome Powell in part 2)
>>8306362 Counterinsurgency resources
>>8306148, >>8306306 Trump formally sends Ratcliffe nomination for DNI to Senate
>>8306380 Legal services giant Epiq Global hit by ransomware attack
>>8306460 Rudy podcast: $5.3bil in Ukrainian foreign aid missing (ep 11, 49 min)
>>8306483 Defense closes in Joshua Schulte case
>>8306485 Joe M: Corrupt Sen. Amy Klobuchar was county atty who dismissed drug charge in 2005 against #MAGAbomber
>>8306513, >>8306641, >>8306791 Downtown Nashville just hit by a large tornado
>>8306526 COVID-19 stats in Ontario
>>8306587, >>8306659 CM: Catalog bug should be fixed now. Please let me know if it is still persisting after today.
>>8306626 Re giving vaxxes to their own children after 2009: many MDs said they would deviate from CDC guidelines due to safety concerns (2012)
>>8306629 NASA has began accepting applications Monday for future astronauts
>>8306580, >>8306683 Nunes sues Wapo; interview with Maria B. plus article
>>8306162, >>8306713, >>8306269, >>8306304, >>8306676 Uighur Muslim prisoners shackled and blindfolded (vid clip)
>>8306588 Chinese Man Convicted of Money Laundering for Mexican Drug Racketeers
>>8306736 Two Former Church Members Admit Forced Labor Conspiracy
>>8306812 Covid-19 antiviral research
#8306753 at 2020-03-03 09:02:07 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
Notables #10634 @600
baker change
>>8306147 Resignations in the news 3/2/20
>>8306177 Iranian Health Ministry preparing for house-to-house checks re corona
>>8306245 DJT Australia's central bank cut interest rates (1st part only, now deleted)
>>8306281 DJT Reissued Australia tweet with 2 parts (slams Fed Jerome Powell in part 2)
>>8306362 Counterinsurgency resources
>>8306148, >>8306306 Trump formally sends Ratcliffe nomination for DNI to Senate
>>8306380 Legal services giant Epiq Global hit by ransomware attack
>>8306460 Rudy podcast: $5.3bil in Ukrainian foreign aid missing (ep 11, 49 min)
>>8306483 Defense closes in Joshua Schulte case
>>8306485 Joe M: Corrupt Sen. Amy Klobuchar was county atty who dismissed drug charge in 2005 against #MAGAbomber
>>8306513, >>8306641 Downtown Nashville just hit by a large tornado
>>8306526 COVID-19 stats in Ontario
>>8306587, >>8306659 CM: Catalog bug should be fixed now. Please let me know if it is still persisting after today.
>>8306626 Re giving vaxxes to their own children after 2009: many MDs said they would deviate from CDC guidelines due to safety concerns (2012)
>>8306629 NASA has began accepting applications Monday for future astronauts
>>8306580, >>8306683 Nunes sues Wapo; interview with Maria B. plus article
>>8306162, >>8306713, >>8306269, >>8306304, >>8306676 Uighur Muslim prisoners shackled and blindfolded (vid clip)
>>8306736 Two Former Church Members Admit Forced Labor Conspiracy
>>8306588 Chinese Man Convicted of Money Laundering for Mexican Drug Racketeers
>>8306693, >>8306693 US & prison labor: same or different situation than in China?
needs sauce for article
#8306582 at 2020-03-03 08:00:21 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
Notables #10634 @430
>>8306147, Resignations in the news 3/2/20
>>8306177 Iranian Health Ministry Preparing for House-to-House Checks re Corona
>>8306245 DJT Australia's central bank cut interest rates (1st part only, now deleted)
>>8306281 DJT Reissued Australia tweet with 2 parts (slams Fed Jerome Powell in part 2)
>>8306362 Counterinsurgency resources
>>8306438 Trump formally sends Ratcliffe nomination for DNI to Senate
>>8306380 Legal services giant Epiq Global hit by ransomware attack
>>8306460 Rudy podcast: $5.3bil in Ukrainian foreign aid missing (ep 11, 49 min)
>>8306483 Defense closes in Joshua Schulte case
>>8306485 Joe M: Corrupt Sen. Amy Klobuchar was county atty who dismissed drug charge in 2005 against #MAGAbomber
>>8306513 Nashville just hit by a large tornado
>>8306526 COVID-19 stats in Ontario
#8306468 at 2020-03-03 07:26:15 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
>>8306438
Baker, check your notables for DJT Australia tweet.
These are better ones with sauce, text, and caps:
>>8306245 DJT Australia's central bank cut interest rates (1st part only, now deleted)
>>8306281 DJT Reissued Australia tweet with 2 parts (slams Fed Jerome Powell in part 2)
#8306438 at 2020-03-03 07:14:57 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
Notables #10634 @250
>>8306147, >>8306306 Resignations in the news 3/2/20
>>8306177 Iranian Health Ministry Preparing for House-to-House Checks re Corona
>>8306245, >>8306361 New DJT: Australia's central bank cut interest rates… [part 1]
>>8306307, >>8306369, >>8306282 New DJT: …..[we are] paying higher rates than many others [part 2]
>>8306362 Counterinsurgency resources
>>8306380 Legal services giant Epiq Global hit by ransomware attack
still chasin' the bottom, may be a few there
#8306361 at 2020-03-03 06:54:08 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
>>8306245 New DJT: Australia's central bank cut interest rates…
https://twitter.com/realDonaldTrump/status/1234728724219691008
this link works, the other one didn't for some reason
#8306281 at 2020-03-03 06:35:37 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
DJT Reissued, 2 parts
Australia's central bank cut interest rates and stated it will most likely further ease in order to make up for China's Coronavirus situation and slowdown. They reduced to 0.5%, a record low. Other countries are doing the same thing, if not more so. Our Federal Reserve has us….
….paying higher rates than many others, when we should be paying less. Tough on our exporters and puts the USA at a competitive disadvantage. Must be the other way around. Should ease and cut rate big. Jerome Powell led Federal Reserve has called it wrong from day one. Sad!
https://twitter.com/realDonaldTrump/status/1234728724219691008
https://twitter.com/realDonaldTrump/status/1234728725574561792
#8306245 at 2020-03-03 06:29:41 (UTC+1)
Q Research General #10634: Thanks for the Memories? Edition
DJT for the Night Shift
Australia's central bank cut interest rates and stated it will most likely further ease in order to make up for China's Coronavirus situation and slowdown. They reduced to 0.5%, a record low. Other countries are doing the same thing, if not more so. Our Federal Reserve has us….
https://twitter.com/realDonaldTrump/status/1234727146964254721
Part 1 by the looks of it.
#8302802 at 2020-03-02 23:21:42 (UTC+1)
Q Research General #10629: CDC Fear Spreaders Edition
The unconstitutional fourth branch of government's Jay Powell will lead a meeting with G7 leaders tomorrow with his soon to be new boss Treasury Secretary Mnuchin.
Is the Fed a central bank or not? if it is, why do other countries own it? If it isn't, why don't we have one?
"Powell and Mnuchin will lead G-7 emergency call on the coronavirus Tuesday"
https://www.cnbc.com/investing/
"Global financial ministers and central bankers will hold a conference call on Tuesday to coordinate the financial and economic response to the coronavirus.
The teleconference call will be led by Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell on Tuesday at 7 a.m ET, CNBC's Steve Liesman reported. Representatives of the Group of Seven industrialized nations will attend the call."
#8301050 at 2020-03-02 19:58:52 (UTC+1)
Q Research General #10627: Clinton Gets A Second Call Edition
Gold ends sharply higher after biggest daily drop in nearly 7 years
Gold futures rebounded on Monday, tacking on nearly 2% after suffering the sharpest drop since 2013 in the previous session, finding support as central banks promise to act appropriately to mitigate the effect of a viral outbreak that is expected to hurt global economies and supply chains.
bank of Japan Gov. Haruhiko Kuroda said the central bank would take steps to steady markets, and bolster liquidity through short-term lending operations and asset purchases. On Friday, Federal Reserve Chairman Jerome Powell issued a rare, unscheduled statement, emphasizing the central bank's intention to act appropriately to address the risks posed by the coronavirus.
A second death from the virus in the U.S., has raised fears of a wider spread of the disease domestically and investors are starting to believe that the Fed and other central banks will act to tamp down expected economic shocks from COVID-19, the infectious disease that originated in Wuhan, China late last year and has rapidly spread across the globe.
The global death toll from the illness stands at more than 3,000, and deaths in China stand at 2,900, according to recent reports. There are fewer margin calls in the stock market Monday and growing expectations of Fed moves as markets are signaling rate cuts, said George Gero, managing director at RBC Wealth Management, in a note.
Expectations for a Fed interest rate cut at the March 18 meeting are rising "and gold's appeal as a safe haven is still strong" as the likelihood of "further coronavirus problems and upcoming political headlines in the U.S., Israel, South America, Greece, eurozone and Middle East worries are still intact." In Monday dealings, gold for April delivery GCJ20, +1.97% on Comex rose $28.10, or 1.8%, to settle at $1,594.80 an ounce. It fell nearly 5% on Friday-the biggest one-day percentage loss since the week ended June 20, 2013. The metal last week also booked a weekly slide of about 5%. Still, gold is up more than 4% so far this year, according to FactSet data, based on the most-active contracts.
May silver SIK20, +1.99%, meanwhile, rose 28.2 cents, or 1.7%, to $16.739 an ounce, after registering a more than 7% drop on Friday, which contributed to a weekly skid of about 11.6%. The white metal marked its sharpest weekly slide since the period ended April 19, 2013. Silver is down around 7% so far this year.
Providing an added boost to haven demand for the precious metals, the Institute for Supply Management said its U.S. manufacturing index dipped to 50.1% last month from 50.9% as most U.S. manufacturers said business began to slow to a crawl. Among other metals, May copper HGK20, +2.32% added 2.2% to $2.595 a pound, April platinum PLJ20, -0.38% fell by 0.6% to $859.40 an ounce and June palladium PAM20, -2.79% shed nearly 2.6% to $2,427.70 an ounce.
https://www.marketwatch.com/story/gold-bounces-sharply-higher-after-biggest-daily-drop-in-nearly-7-years-2020-03-02
#8299934 at 2020-03-02 17:28:00 (UTC+1)
Q Research General #10626 WW Silent War: Q Still Trending/Full Steam Ahead 24/7 Edition
>>8299855
Why would our "Warburg" Federal Reserve want to subsidize the German economy and its banks?
Whose side are they on? Could they ever prove it by their track record?
"Deutsche bank is 'technically insolvent': Expert
Michael Preiss, executive director at Taurus Wealth Advisors, talks about Deutsche bank's problems and its links to the European central bank."
https://www.cnbc.com/video/2020/02/27/dow-drops-1100-points-continues-fastest-10percent-drop-in-history.html
#8299392 at 2020-03-02 15:50:11 (UTC+1)
Q Research General #10625: "Who is Q" Trending Edition
>>8299335
both. The had an actual earthquake on land that was very benign. The bombs placed in the pacific trench were set off at the same time. If you look at the footage from the incoming tsunami the houses are not quake damaged to the extent that a 9.1 quake would have produced. The USGS also suppressed data from the real earthquake on land- think it was low 6. Japan is built for that shit and would have withstood that size so control structure decided to get back at Japan for stating in public that they would start uranium enrichment for Iran.
It was also a point , financially speaking, that the BOJ had to start printing massively and they balked…hence a message was delivered. The financial markets got a two-fer with that. Crisis and a massive infusion.
from March 14 2011
Japan economy shudders after shocks, BOJ pumps cash
Japan's central bank on Monday rushed to bolster markets in the wake of the country's worst disaster since World War Two and although the authorities said it was too early to put a figure on the damage, critics said a stronger initial response had been needed.
https://uk.reuters.com/article/us-japan-quake-economy/japan-economy-shudders-after-shocks-boj-pumps-cash-idUSTRE72D2A820110314
#8299247 at 2020-03-02 15:21:57 (UTC+1)
Q Research General #10625: "Who is Q" Trending Edition
>>8299171
Why would our central bank create a structural subsidy (tax on Americans) that only benefits the Europeans?
Why would any American ever do that?
#8299231 at 2020-03-02 15:19:44 (UTC+1)
Q Research General #10625: "Who is Q" Trending Edition
>>8299171
Why is it again that our central bank interest rates are always higher than the European central banks rates?
Isn't it kinda a coincidence that European banks own out central bank?
#8298803 at 2020-03-02 13:30:12 (UTC+1)
Q Research General #10624: Slow Bread, Deep Thoughts Edition
A Brief History of the Federal Reserve's Emergency Rate Shifts
Goldman Sachs Group Inc. and bank of America Corp. economists are among those suggesting Federal Reserve policy makers could deliver an emergency interest rate cut if fears about the coronavirus continue to roil financial markets.
Goldman's economists say Fed Chairman Jerome Powell and colleagues will cut their benchmark by 50 basis points at or by the time they are set to meet on March 17-18. At bank of America, economists say "an emergency cut" is possible by that scheduled gathering.
Such a move would be rare, yet not unprecedented. Here's a brief history of when Fed officials have convened by conference call and delivered an inter-meeting shift to monetary policy:
Oct. 8, 2008
As the September collapse of Lehman Brothers Holdings Inc. roiled financial markets and raised recession fears, the Fed cut the federal funds rate by 50 basis points to 1.5% as part of a coordinated action.
"The Committee took this action in light of evidence pointing to a weakening of economic activity and a reduction in inflationary pressures," the Federal Open Market Committee said. It would go on to ultimately cut its main rate as low as 0.25%.
Jan. 22, 2008
The Fed cut its key rate by 75 basis points to 3.5% after stock markets tumbled amid increasing signs of a U.S. recession.
Policy makers said in a statement that they acted "in view of a weakening of the economic outlook and increasing downside risks to growth."
this was the instance of a Societe Generale trader (it being one person is entirely bullshit) dumped a massive amount of futures contracts (derivatives) trying to mask the upcoming loss that SocGen was about to report so the FOMC panicked and dropped rates by the reported amount
As in most of these cases it's not a 'rogue' trader as there is NFW any one person can amass a position this large without compliance knowing it. The excuses, at the time, was that he "hacked " the compliance desk…total bullshit..they knew what was going on and if he made money this would have never seen the light of day.
Aug. 17, 2007
The Fed lowered its discount rate – the rate it charges banks – by 50 basis points to 5.75% as the subprime-mortgage collapse continued to roil financial markets.
"The Federal Reserve is providing liquidity to facilitate the orderly functioning of financial markets," the statement said.
Sept. 17, 2001
Days after the 9/11 attacks, the Fed cut its main rate by 50 basis points to 3% and promised to provide markets with "unusually large volumes of liquidity."
central banks in Europe and Canada matched the action.
April 18, 2001
Policy makers cut their benchmark interest rate a half-percentage point in an effort to shore up a slumping economy. It lowered its target rate for overnight loans between banks to 4.5% from 5%.
The Fed "has reviewed prospects for the economy in light of the information that has become available since its March meeting," the Fed said in a statement.
Jan. 3, 2001
With the technology stock bubble having burst the previous year, the central bank began a new year cutting its benchmark by 50 basis points to 6%. It was quite a shift from a few weeks earlier when the Fed had said the economic risks leaned towards inflation.
"These actions were taken in light of further weakening of sales and production, and in the context of lower consumer confidence, tight conditions in some segments of financial markets, and high energy prices sapping household and business purchasing power," officials said.
Oct. 15, 1998
As Russia's financial crisis and the collapse of Long Term Capital Management threatened a credit crunch, the Fed cut by 25 basis points to 5%.
"Growing caution by lenders and unsettled conditions in financial markets more generally are likely to be restraining aggregate demand in the future," it said.
April 18, 1994
The Fed can also hike rates outside of its normal schedule. That's what happened here when it increased its rate to 3.75% from 3.5%.
"Chairman Alan Greenspan announced today that the Federal Reserve will increase slightly the degree of pressure on reserve positions," the statement said. "This action is expected to be associated with a small increase in short-term money market interest rates."
https://www.bloomberg.com//news/articles/2020-03-02/a-brief-history-of-the-federal-reserve-s-emergency-rate-shifts
#8296283 at 2020-03-02 02:08:33 (UTC+1)
Q Research General #10621: If Not You, Then Who? Edition
World-Wide Market Report
Treasury Bond complex in melt-down mode-see Cap#2 for current 10 year. It was as low aas 1.03. It has rebounded a little from that low but is showing signs of not going any further upwards. Value increases as yield drops. Regarding the futures being up-these are VERY thin markets and can be moved very easily with a relatively small amount of E-mini's and corresponding index products to change to direction(s).
Chinese Exchanges open for a little less than 30 minutes. Looking for the PBOC to intervene again. Cap #2 is current Asian index look
Stock futures rose on Monday(they were down as much as 1.3% about an hour ago) even as investors were presented with weekend data from China that showed its fastest ever contraction in factory activity, raising fears of a global recession from the coronavirus.
Munchkins summoned the ESF-Exchange Stabilization Fund.
China's official manufacturing PMI plunged to 35.7 in February, a record low, from 50 in January. A reading below 50 indicates contraction in a sector. Gaming revenues in Macau also plunged nearly 88% last month.
Oil prices dropped to their lowest in more than a year and even gold plunged as holders liquidated what they could to cover margin calls (COUGH!) on riskier investments.
The implied yield on U.S. 10-Year Treasury futures TYv1 traded below 1% for the first time, as investors grew increasingly unnerved by the spread of coronavirus. Treasury futures jumped at the open of trading on Sunday night as investors took little solace from weekend comments by U.S. officials that aimed to soothe panic about a pandemic. Stock futures opened lower. Stock markets plunged last week, with an index of global stocks setting its largest weekly fall since the 2008 financial crisis, and more than $5 trillion wiped off the value of stocks worldwide. At one point on Friday afternoon the 10-year yield reached 1.1159%, marking a record low for the fourth consecutive day, after comments by Federal Reserve Chair Jerome Powell cast doubt on whether the U.S. central bank would act quickly on rates. The movement also steepened the portion of the U.S. Treasury yield curve
Later in the week, central bank meetings in Australia, on Tuesday, and Canada, on Wednesday, will be closely watched.
https://www.reuters.com/article/us-usa-bonds/implied-yield-on-u-s-10-year-treasury-futures-trading-below-1-for-first-time-idUSKBN20O2GM
Oil bounces from multi-year lows as hopes of OPEC+ cut, stimulus offset virus impact
SINGAPORE (Reuters) - Oil prices pared losses after earlier hitting multi-year lows on Monday as hopes that a bigger than expected production cut from OPEC and stimulus from central banks could offset economic gloom from the coronavirus outbreak. Flight cancellations and travel bans by countries worldwide sparked fears about the global economy, leading to the biggest weekly stock market rout since the 2008 financial crisis last week. China's factory activity also shrunk at the fastest pace ever in February, underscoring the colossal damage from the coronavirus outbreak on the world's second-largest economy. Several key members of the Organization of the Petroleum Exporting Countries (OPEC) are mulling an additional production cut of 1 million barrels per day, more than the 600,000 bpd proposed last month, on growing fears that the virus outbreak will hit oil demand badly. OPEC and its allies including Russia, a grouping known as OPEC+, have already been curbing oil output by 1.7 million bpd under a deal that runs to the end of March.
https://www.reuters.com/article/us-global-oil/oil-bounces-from-multi-year-lows-as-hopes-of-opec-cut-stimulus-offset-virus-impact-idUSKBN20P03B
https://www.bloomberg.com//news/articles/2020-03-01/oil-falls-as-coronavirus-spreads-chinese-data-show-demand-slump
https://www.marketwatch.com/tools/marketsummary?region=asia
https://www.bloomberg.com/markets/stocks/futures
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
#8295492 at 2020-03-02 00:30:53 (UTC+1)
Q Research General #10620: Buttigieg Pulls Out Edition
Goldman Now Sees 2 Rate Cuts In Next 2 Weeks, Expects "Coordinated" central bank Easing
It was just Friday that Goldman finally gave up on its bizarrely optimistic global outlook that it had adopted in late 2019, and instead of seeing no rate cuts - or hikes - in 2020, the bank's chief economist Jan Hatzius capitulated, and said that the Fed will likely cut at least three times in the first half to offset the global economic slowdown due to the coronavirus, late on Sunday, just 48 hours after its first rate forecast revision, Goldman has officially thrown in the towel on even a trace of optimism for the foreseeable future, and now expects not only the Fed to cut 4 times by the end of Q2, but also cautions of a a high risk that the easing it expects over the next several weeks could occur "in coordinated fashion, perhaps as early as the coming week", which of course is disappointing for all those who were hoping the Fed would step in as soon as Sunday afternoon/evening.
In justifying the implosion of its outlook, Haztius writes that "on Friday morning, we downgraded our baseline view of global GDP growth in 2020 from just over 3% to around 2% on the back of developments related to the coronavirus, with weakness concentrated in the first half of the year. We also changed our Fed call to project 75bp of rate cuts by June, starting with a 25bp cut on March 18."
This was on Friday morning. Since then, so over the weekend, it appears that newsflow has taken a decided turn for the worse, and as Goldman adds, "the news on the outlook has remained negative, with significant further increases in infections outside of China and an exceptionally weak China PMI release. Moreover, the statement by Fed Chair Powell on Friday afternoon that the Federal Reserve is "closely monitoring" developments and "will use [its] tools and act as needed to support the economy" strongly hints at a rate cut at or even before the March 17-18 FOMC meeting."
Based on these developments, Goldman is making further adjustment to its Fed call and now projects a 50bp rate cut by March 18 followed by another 50bp of easing in Q2, for a total of 100bp in the first half. Which means that the US Fed Funds rate will be just above zero as the US enters the second half, and has a high chance of tipping negative around the time of the election. Hatzius explains:
The clear signal in Chair Powell's statement has led the bond market to price in more than 25bp of easing, and the FOMC will not want the cut to come as a disappointment in the present situation.
But wait, there's more: Goldman is now also forecasting rate cuts by most other G10 (and some EM) central banks, including a cumulative 100bp of cuts in Canada, 50bp in the UK, Australia, New Zealand, Norway, India and South Korea, and 10bp in the Euro area and Switzerland. The chart below shows Goldman's new central bank forecasts along with market pricing as of Friday's close.
https://www.zerohedge.com/economics/goldman-now-sees-2-rate-cuts-next-2-weeks-expects-coordinated-central-bank-easing
#8295376 at 2020-03-02 00:16:57 (UTC+1)
Q Research General #10620: Buttigieg Pulls Out Edition
lacking a central bank?
>>8295295
> the beast of Iran
#8294930 at 2020-03-01 23:23:21 (UTC+1)
Q Research General #10619: Blessed is The Handoff Taker Edition
U.S. bank lobby economist predicts global rate cut coming … this Wednesday
WASHINGTON (Reuters) - Investors battered by the breathtaking drop in global stock markets on coronavirus fears are ever more convinced the world's big central banks, including the Federal Reserve, will soon step in to try to quell the storm.
Against that, the top economist for the U.S. bank lobby - a former Fed insider - issued a remarkably specific prediction on Sunday that the rescue is nigh.
In a blog titled "Don't keep your powder dry" here, Bill Nelson, chief economist at the bank Policy Institute who worked on the Fed's responses to the 2007-2008 financial crisis, predicted:** A coordinated global interest rate cut by the top central banks, such as the one executed at the height of the crisis in October 2008 by the Fed and five other central banks. They will possibly include in this action the People's bank of China and the Hong Kong Monetary Authority, the two banks whose economies have so far suffered most from the outbreak.
** It will happen this Wednesday, March 4. Nelson noted that the previous big coordinated actions in December 2007, October 2008 and November 2011 all occurred on a Wednesday.
** It will happen before the U.S. stock market opens, either 7 a.m. or 8 a.m. ET (1200 or 1300 GMT).
** It will be big: half a percentage point at least. The Fed's current benchmark lending rate is set in a range of 1.50-1.75%, and rate futures markets are pricing in a cut of at least a quarter percentage point at the Fed's next scheduled meeting March 17-18. "The only way to get a positive market reaction is to deliver more than expected," he wrote.
** It will include "forward guidance" - a central bank term for some form of pledge regarding future policy action. Nelson said he would not be surprised to see something aimed at preventing a further erosion of inflation, something the Fed and other central banks have been battling for most of the past decade. His suggestion: The Fed pledges not to raise rates or take other policy tightening actions until its preferred measure of inflation is above its formal target of 2% for six months. Alongside his predictions for a globally coordinated move - something many investors and economists worry could well fall short of what's needed because of depleted tool kits at the world's big central banks - Nelson in a related post here said the Fed could loosen a number of requirements and other regulations on U.S. banks to help keep credit moving.
Regarding the rate cut, however, Nelson does offer one big caveat: "If markets are calm Monday and Tuesday, I'm not sure what will happen."
https://www.reuters.com/article/us-china-health-centralbanks-cuts/u-s-bank-lobby-economist-predicts-global-rate-cut-coming-this-wednesday-idUSKBN20O2CY
He would not be off-base as the CME FED watch is now at 100% for rate cut at the March 18th mtg. See Cap.
Bond markets already cut rates-just a question of when the FOMC delivers the news..early or wait until the March 18th scheduled announcement.
https://www.reuters.com/article/us-china-health-centralbanks-cuts/u-s-bank-lobby-economist-predicts-global-rate-cut-coming-this-wednesday-idUSKBN20O2CY
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
#8294154 at 2020-03-01 21:31:51 (UTC+1)
Q Research General #10618: Who, In the Name of Charity and Goodwill Edition
>>8294120
China's Vulnerable Markets Face Deluge of New Shares, Bonds
China's cracking stock market recovery may soon face a real test: a flood of share sales and corporate-bond issuance as firms rush to make the most of favorable policies.
The number of mainland-listed companies that announced plans in February to sell additional shares was the highest since April 2016 at 40, according to Bloomberg-compiled data. CICC analysts predict as many as 30% of firms may plan non-public stock sales the next year, which would exceed the level in 2015, when a stock bubble formed and burst. Meanwhile, the value of onshore corporate debt issued by Chinese borrowers last month more than doubled year-ago levels.
While Chinese regulators expect greater corporate access to financing to help cushion the coronavirus impact on an economy that was already slowing, a spike in equity and bond supply is likely to siphon off cash from existing securities.
The resilience of Chinese financial assets last month was built on little more than optimism about government liquidity, but showed signs of falling apart last week with surging volatility amid a global stock rout. Yet while the Shanghai Composite Index had its worst week in 10 months, some stock benchmarks globally had their worst in 10 years or more. Last month, China's central bank vowed to guide borrowing costs lower, and the country's securities regulator significantly relaxed the grip on public companies' follow-on stock offerings. They're among myriad government efforts to bolster economic growth amid persisting production hiccups due to the virus outbreak.
Among key changes to the rules on selling additional equity, the China Securities Regulatory Commission shortened by half the lock-up period for shares placed privately and allowed companies to provide bigger discount to lure investors. Also, firms on the small-cap ChiNext no longer have to be profitable for two straight years before being qualified to hold non-public stock offerings.
Most of the firms announcing equity-sale plans in February were cash-strapped, not-state-owned entities. "The private sector has been suffering from severe funding crunch in the past several years" due to the government's deleveraging campaign, said Li Changmin, managing director at Snowball Wealth in Guangzhou. "So nearly all companies in the private sector are likely in demand to raise money."
One firm not low on cash but still announcing a stock-sale plan last week was profitable Chinese battery giant Contemporary Amperex Technology Co., a supplier of Tesla Inc. CATL is looking to raise as much as 20 billion yuan in a private share placement to fund research and expansion efforts. Its stock fell 11% in the two days following the announcement, cutting 2020's gain to 28%. Policy makers will have to tread a fine line between meeting the financing needs of companies, particularly small businesses, and preventing a stock market rout as the coronavirus' domestic economic impact becomes clearer. The Shanghai Composite fell 12% in 2016, the most in five years and among the world's worst performers, as a record 1.1 trillion yuan of additional shares was sold. Authorities clamped down on such offerings, and just 135 billion yuan was issued last year.
https://www.bloomberg.com//news/articles/2020-03-01/china-s-vulnerable-markets-face-deluge-of-new-shares-bonds
#8293670 at 2020-03-01 20:34:26 (UTC+1)
Q Research General #10618: Who, In the Name of Charity and Goodwill Edition
Modern Monetary Theory is an old Marxist Idea
There is nothing new under the sun
Modern Monetary Theory, or "MMT", has been getting a lot of attention lately, often celebrated as a revolutionary breakthrough. However, there is absolutely nothing new about it. The very basis of the theory, the idea that governments can finance their expenditures themselves and therefore deficits don't matter, actually goes back to the Polish Marxist economist, Michael Kalecki (1899 - 1970).
MMT as a centralisation tool
MMT says that the national debt means that we owe the money to ourselves, so the central bank in combination with the approval and blessings of the political branch can now together spend as much as they want without facing any consequences. In other words, we can print our way to prosperity. The only real problem according to the theory is that there is not enough money and not that resources are scarce and therefore limited. To understand the basic idea behind this, let's use the game "Monopoly" as an example. If players decide to double the amount of monopoly-money to play with, the logical outcome will be that people start to pay much higher prices e.g. for the same amount of locations. Whenever more money is chasing the same amount of goods, prices will rise. Another lesson is that the bank will always win, especially when it has the power to change the rules at any time during the game.
The main cause for most of the problems of our days is the current central banking system. But how many people have ever thought about what money is, or how did it came into existence? How many know whether it was always used a debt security by government declaration or if it once was a property title, as it still pretends to be? Well, I can tell you that over the past decades, I haven't met a lot of people who really thought about these questions. At the same time, our public education system and the mass media ensure that the next generation won't think about them either. Meaningless distractions, alternative facts and daily doses of fear effectively crush most inquisitive instincts. It's a process that Immanuel Kant recognized a long time ago and described in the following way: "First, these guardians make their domestic cattle stupid and carefully prevent the docile creatures from taking a single step without the leading strings to which they have fastened them. Then, they show them the danger that would threaten them if they should try to walk by themselves. Now this danger is really not very great; after stumbling a few times they would, at last, learn to walk." However, examples of such failures intimidate and generally discourage all further attempts."
https://www.lewrockwell.com/2020/02/claudio-grass/modern-monetary-theory-is-an-old-marxist-idea/
#8292560 at 2020-03-01 18:06:10 (UTC+1)
Q Research General #10616: Celebs Are Falling Over Edition
Coronavirus uncertainty rules, but markets functioning OK: BIS
MARC JONES
LONDON
REUTERS
PUBLISHED 54 MINUTES AGO
The bank for International Settlements said on Sunday that financial markets had functioned resiliently during last week's coronavirus-sparked sell-off and this was a sign that post-crisis reforms were doing their job.
The BIS, dubbed the central bank to central banks, called the near $6 trillion wipeout in world stocks last week a "rude awakening" for investors, but said there were no signs of it having the potential to turn into a financial crisis.
"For all the turmoil and anxiety, both market functioning and financial intermediation more generally proved resilient," the head of the BIS' Monetary and Economic Department, Claudio Borio, said in the umbrella group's latest quarterly report.
https://www.theglobeandmail.com/business/international-business/article-coronavirus-uncertainty-rules-but-markets-functioning-ok-bis/
#8290634 at 2020-03-01 10:22:14 (UTC+1)
Q Research General #10614: Boom Boom Boomers!! Edition
https://english.alarabiya.net/en/News/middle-east/2020/03/01/Sudan-fires-scores-of-diplomats-allegedly-linked-to-ex-President-al-Bashir.html
"One-hundred-and-nine ambassadors, diplomats and administrators were fired from the Ministry of Foreign Affairs, and those were appointed through political and social empowerment," Mohamed al-Faki, deputy head of the committee, told a news conference in the capital, Khartoum.
Some of the diplomats were appointed by al-Bashir himself and the others were picked through his now dissolved National Congress Party, said Taha Othman, a member of the committee.
Earlier this month, the committee dissolved the boards of the country's central bank and 11 other state-owned banks and fired the managers of eight of the banks.
It also seized the assets of the former ruling party last month.
#8287535 at 2020-03-01 00:54:21 (UTC+1)
Q Research General #10610: I Knew You Were Crumbin So I Baked A Cake Edition
>>8286741 lb
(C)hina capitalized.
(B)alance capitalized.
= comms to CB?
CB = central bank
#8284381 at 2020-02-29 18:58:20 (UTC+1)
Q Research General #10606: We Can't Have Chokers Edition
Global Demographic Fact Vs. central bank Sorcery
Summary
The annual growth of the working-age population is the organic baseline for growth in national, regional, and global consumption.
However, since World War II, interest rate policy has moved inversely of annual working-age population growth, to incent ever more debt as working-age population growth has decelerated to nothing.
Interestingly, total annual change in energy consumption has mirrored annual working-age population growth.except where synthetic growth has been temporarily substituted to maintain the appearance of growth (aka, China).
Eventually, the inorganically rising consumption and asset prices will return to their organic baseline.and that will be a very rude new dawn for those who believed in infinite growth.
The 1st world economy lives within a fractional reserve banking system. In a fractional reserve system, one persons debt is the systems new money, as money is lent into existence. At a progressive rate since 1980, it has been the combination of decelerating working-age population growth, declining interest rates, and ramping utilization of privately loaned debt that has simultaneously been the basis for increasing consumption and the creation of new money. As borrowers undertook new loans prior to 2008, this borrowing was the primary means of monetary growth. However, the changing demography since 2008 has changed everything as population growth has shifted from young to old...and federal governments and central banks have taken over money creation via monetization resulting in asset inflation.
New debt is primarily undertaken in the 1st world nations where income and savings are higher but also credit is readily available and standards for this credit vary widely, by asset type (zero for student loans, low for vehicles, moderate to high for homes...since '07).
It is primarily the working-age population that undertakes new debt while those in the post working age population tend to deleverage and pay down existing loans (this has the opposite monetary effect of destroying money).
From 1950 to 2008, it was the significantly larger developed world growth of the working-age population over that of the post working-age population that supported new debt, money creation, and rising asset prices...the current and future reversal of these proportions is the likely rationale for federal governments and central banks to engage in ZIRP, NIRP, QE, and other activist / experimental policies to offset the demographic driven collapse in the money supply.
The lending amid the declining working age population among the developed world and the decelerating growth among Asia cannot be made up by accelerating demographic growth in Africa. Global inequality and lack of broadly shared wealth means Africa hasn't the income, savings, and/or access to credit to provide significant global demand.
So, it's the growth of the working-age population in the developed world that is critical for the growth of money within a fractional reserve system. And that working-age growth need be significantly greater than the growth of the credit averse post working-age population. Growth among the working-age population in Asia (excluding East Asia + Singapore) and/or Africa has relatively little impact as the vast majority there have relatively little income, savings, and/or access to credit.
I divide the world into three mega-regions: developed world, Asia, Africa.
They consist of the following and as of 2020, with following proportions...
Developed World = Western Hemisphere, Oceania, West/East Europe Including Russia), East Asia (China, Japan, Taiwan, S/N Korea)
More
https://www.investmentwatchblog.com/global-demographic-fact-vs-central-bank-sorcery/
#8284055 at 2020-02-29 18:21:06 (UTC+1)
Q Research General #10605: Awakening Greatly Saturday Edition
Trump Admin Considering Tax Cuts, Pressuring Powell To Cut Rates In Hopes Of Containing Coronavirus Fallout
It appears that every response offered by the Trump administration to contain the coronavirus pandemic, is wrong.
In a late Friday article, the WaPo reported that the Trump administration officials are holding preliminary conversations about economic responses to the coronavirus, and with stocks suffering their worst week since the collapse of AIG, "among the options considered are pursuing a targeted tax cut package". Additionally, Trump cronies are also discussing whether the White House should lean even harder on the Federal Reserve to cut interest rates, even though in a surprise announcement on Friday afternoon, Fed Chair Powell the central bank on Friday afternoon said it would step in if necessary.
While the explanation is hardly necessary, the WaPo also points out that "these ideas would not be designed to stop the spread of the coronavirus, but they would seek to arrest the economic fears spreading through the economy. And some of the ideas would need cooperation from Congress or the Fed, as the White House has limited powers to unilaterally rewrite tax policy or direct the central bank to act."
And yet the reason why the market barely even glanced at this report from WaPo, is that if a business revenue has collapsed as global supply chains implode and as consumer demand tumbles as Americans opt to stay locked up inside until the pandemic passes, there is no pre-tax income, and thus no taxes to pay, so cutting the tax rate has zero effect on anything.
What's worse, if this is the best the Trump admin can come up with, it means the president refuses to even acknowledge how serious the situation is, when instead by this point Trump should at least be grasping the catastrophic dilemma the entire world is now facing, one which BofA called "an impossible trade-off" facing authorities:
Adopt the Draconian quarantine measures seen in China and trigger a global recession as worldwide economic activity grinds to a halt
Risk a pandemic by failing to take more aggressive action on Covid-19, also resulting in a global recession
That Trump is unwilling to proceed with either one of these two options - and only two as there is nothing more Trump can do absent pulling a page from the Hong Kong playbook and handing out $10,000 to every US citizen - means that the Coronavirus pandemic in the US will only get worse… assuming the CDC ever starts running the right tests to find out just how many Americans are infected.
https://www.zerohedge.com/markets/trump-admin-considering-tax-cuts-pressuring-powell-cut-rates-hopes-containing-coronavirus
#8277944 at 2020-02-28 22:49:32 (UTC+1)
Q Research General #10597: Friday Happenings Edition
>>8277771
Libya and Gaddalfi - wanted to create a Pan-African PUBLIC central bank. So he had to be destroyed. I found pics related very interesting.
#8275782 at 2020-02-28 18:34:58 (UTC+1)
Q Research General #10595: Make It Rain Edition
Britain bought a record amount of Russian gold last year, spending over $5 BILLION
Sales of Russian gold abroad jumped eight-fold last year to $5.7 billion, with almost all of that volume purchased by the United Kingdom.
According to customs data seen by RBC business news outlet, gold exports to Britain have grown more than 12 times in terms of value, to $5.33 billion.
Supplies to the UK accounted for 93 percent of all Russian gold exports. Twelve other countries, including Kazakhstan and Switzerland, bought only $409 million-worth of Russian gold.
In physical terms, gold exports from Russia to the United Kingdom in 2019 increased 11 times, from 10.4 tons to 113.5 tons.
Almost the entire volume of deliveries to the UK is gold bullion. Taking into the account the London standard (an ingot weighing about 12.5 kg), it turns out that Russia delivered at least 9,000 ingots to the UK last year.
In addition to gold, Russia also increased the export of platinum (doubled to $936 million) and silver (2.5 times, to $100 million) to the UK.
Experts say that, in general, the scale of gold inflows to the United Kingdom most likely reflects global trends in demand for the precious metal and the country's traditional role as a center for its trade and storage.
According to Oleg Shibanov, a professor of finance at the New Economic School in Russia, there was certainly a Brexit factor which could affect British investors, along with "many other uncertainties," such as the US-China trade war.
Russia has continued filling its coffers with gold, having added almost seven tons of the precious metal to its reserves in January. The country's total gold holdings amounted to 73.2 million troy ounces (2,276.8 tons) as of February 1, and are worth around $116 billion, according to the latest data from the central bank of Russia.
https://www.rt.com/business/481903-russia-uk-gold-sales/
#8274899 at 2020-02-28 16:49:41 (UTC+1)
Q Research General: #10592 Best Place To Be Is A Trump Rally Edition
closed captioning is bad but this idiot just said "central bankers of the world need to unite"
fucking kek.
https://www.cnbc.com/2020/02/28/ex-fed-governor-warsh-sees-coordinated-global-central-bank-action-soon-in-response-to-coronavirus.html
#8274869 at 2020-02-28 16:46:14 (UTC+1)
Q Research General: #10592 Best Place To Be Is A Trump Rally Edition
>>8274835
Hadi Partovi (CEO and President of Code.org)
https://www.crunchbase.com/person/hadi-partovi#section-recent-news-and-activity
—–
Wikileaks search for 'Khosrowshahi'
https://search.wikileaks.org/?q=Khosrowshahi
central bank EMPLOYEES LIST OF CAPITAL FLIGHT
'IRANIANS WHO TRANSFERRED FUNDS OUT OF IRAN THROUGH THE NONCOMMERCIAL MARKET DURING THE TWO MONTHS ENDING OCTOBER 22 WAS
RELEASED IN THE NAME OF THE central bank EMPLOYEES ASSOCIATION'
https://wikileaks.org/plusd/cables/1978TEHRAN11700_d.html
https://wikileaks.org/plusd/cables/1976TEHRAN09516_b.html
https://wikileaks.org/plusd/cables/1979TEHRAN06654_e.html
—-
Mehdi Baradaran Khosroshahi
'Mr. Baradaran Khosrowshahi was a student in Tehran Polytechnic Faculty and an employee of Tolidaru Company. Before the 1979 Revolution, he spent seven years (1971-1978) in prison because he was a high ranking and influential member of Mojahedin Khalq Organization (MKO). In prison, he distanced himself from the MKO and sympathized with Marxism.'
https://www.iranrights.org/memorial/story/-3994/mehdi-baradaran-khosroshahi
#8274771 at 2020-02-28 16:33:11 (UTC+1)
Q Research General: #10592 Best Place To Be Is A Trump Rally Edition
>>8274723
>the Federal Reserve part of a "deep state" trying to undermine Donald Trump?
They're not Deep State because they're NOT part of the government at all.
The Fed is a PRIVATE, for-profit central bank that doesn't answer to anyone in the federal government.
It operates in the best interests of its private owners, which are NOT the American people.
#8274705 at 2020-02-28 16:24:50 (UTC+1)
Q Research General: #10592 Best Place To Be Is A Trump Rally Edition
>>8274404
Relax anon. Standard tactic of the banking cabal and ultra-rich elites running the big funds and investment houses. Been using it to punish the people to attain their objectives for well more than a century.
Weather the storm like the American people in the 1830s had to, and perhaps DJT will kill the central bank (Fed) just as Andrew Jackson did.
#8273655 at 2020-02-28 13:56:48 (UTC+1)
Q Research General #10592: Blessed Are the Note Takers Edition
Libor Plunges Most Since 2008 After Virus Spurs Bets on Fed Cuts
One of the world's most important borrowing benchmarks on Friday staged its biggest one-day drop in more than a decade.
The three-month London interbank offered rate for dollars – a benchmark for trillions of dollars in financial products globally – sank 11.8 basis points to 1.46275%. That's the biggest one-day slide since December 2008 at the height of the global financial crisis. The move Friday reflects a market that's pricing a more aggressive pace of monetary-policy easing from the U.S. central bank to cope with the economic impact of the coronavirus.Futures traders are pricing in 86 basis points of Federal Reserve interest-rate cuts in 2020. That's the equivalent of more than three standard quarter point cuts, and the first of these is almost fully priced in for as soon as March. A week ago, the market was pricing in just 48 basis points by year-end, but traders have amped up bets drastically this week as virus concerns have battered stocks around the world and sent investors rushing into haven assets.
https://www.bloomberg.com//news/articles/2020-02-28/libor-plunges-most-since-2008-after-virus-spurs-bets-on-fed-cuts
#8269872 at 2020-02-28 01:43:53 (UTC+1)
Q Research General #10587: Comfy Evening Edition
I suggest you screen shot this. You guys have no idea what really is taking place!
Take a good look at what is going on around the world. Now, take a good look at what's taking place in this country. The media won't show you. It doesn't take a genius to know that you are all being lied to and clearly no one here is smart enough to see the forest for the trees because you follow the "plants" here like a bunch of mindless fools! You are serving their needs; everything as they have planned for so long!
Do you really think an unknown identity on the internet is trying to help the President to "save humanity and to end corruption?" Do you know who Satoshi Nakamoto is? I suggest you find out more about this if you don't - Do you know "HE" really is, who they are? Has the identity ever been made public/verified? There is a very vital reason why bitcoin/crypto/blockchain was created. A very specific reason! Along with all the other technical advances that have been made. What's the difference between "q" and Satoshi?
If my true goal was malintent, and I succeed in getting others to convince you that I am good, then I have influence. If I can get them to convince you that I am for you, then I have your trust. If I can get them to convince everyone around you to think and feel the same, then I have I authority, and if I convince you that those that lead you to me as being evil, then I have control. Full control over all of you! This control wouldn't come easy or "free." RED or BLUE, it doesn't matter.
Why did Trump tell the parable about the snake? What does the snake represent?
Understand that free will is an important part of this plan. What YOU reap, you sow.
You are given the truths, although it's a lie. You are given lies that are actually true, and you are given the truth that only half-truth but ultimately you are given the chance to decide. How you interpret it all is important because you set the path for yourself and others to follow.
The biggest event in history is taking place to set the stage. If none of you take to the streets, take your local/state/government back, protest and do something now to take it all back, humanity is lost! Wake the fuck up! I can assure you that I am well aware of what's really going on because of the part I had taken; many of us do. Many are just too afraid to draw too much attention to the TRUTH (internals). We have tried our best to expose their plans to you but we can't be as direct as we want. This is not allowed. It is up to you to listen, and decide, and to search out what is being pointed out, to see things as they really are! The world you live in is not.
As of right now, how many countries are without a RothsChild owned central bank? Once they are all gone, what's next to take place?
Now - why is this "pandemic" needed? Do you really think this virus got out by accident? Should you trust your leaders? Will it really be gone for good? Will it come back? Will it serve a greater purpose?
There are two groups at the highest levels fighting for position. This is important to understand. The compartmentalization at the highest levels of the pyramid is an important part to make things work as planned, for it to be effective. Why? You live in the pyramid. Do you understand? When I leader has been established, what type of leader will he really be? Will you awe at his every wonder? There are only two beliefs in the great pyramid - for those that believe they are doing what's right.
They talk in secret. In hiding. In code. In front of your eyes. Colors/Dogs/the use of Z/dates/times/phrases and more, and all in plain sight.
Everything is going as planned. The great plan serves the master. Do you know what you have been sprayed with all these years? Do you know what was in the GMO foods you have all ingested? Is there a reason why 5G is really needed other than for cell phones? Why Starlink important vital? Why are company's/industry's/governments/countries are so interested in AI and why they all work together in secret? Do you know that they know everything there is to know about you and your loved ones? You will be at their beck and call when this is all said and done - if you do nothing now
Now take time to think... why are whistleblowers/good guys/those with Damning information being taken out?
Don't believe me? I suggest you find the previous post where you were warned in detail about this event taking place and where it would start. The previous posts will validate.
You are all running out of time.
#8266969 at 2020-02-27 20:34:09 (UTC+1)
Q Research General #10584: Kicking Ass! Edition
Global Announcements
>>8227327 Iwo Jima flag on YouTube for TOR posting
Notables
are not endorsements
#10583
>>8266213, >>8266346, >>8266407, >>8266490, >>8266553, >>8266571, >>8266733 PF updates
>>8266866 Boats Ahoy
>>8266889 Sheriff Blows Obama DHS Whistleblower's 'Suicide' Narrative Apart, Says Death Not Ruled Suicide
>>8266756 U.S. mulls using sweeping powers to ramp up production of coronavirus protective gear
>>8266689 @SpaceForceCSO & @US_Stratcom senior leaders testify before a #HASC subcommittee on strategic forces posture at 2:30 p.m. EST.
>>8266595 Enphase Energy, Inc sold by T.J. Rodgers (BoD): $106.15m-Feb25-26
>>8266558, >>8266628 Re: Bridge/Alaska
>>8266549, >>8266560, >>8266598 QWAR
>>8266233, >>8266535, >>8266570, >>8266572 Military Tribunals are the ONLY way
>>8266475, >>8266519 Canada's Toronto Stock Exchange halts trading over technical issue
>>8266422 Oxford lecturer, Peter King, pleads guilty to producing child pornography
>>8266399 bankrupt Boy Scouts may need to sell Norman Rockwell art to pay sexual abuse victims
>>8266392 The Bee:PP endorses Bloomie after learning he told pregnant women to "kill it"
>>8266308 The clowns may be out of NK but it looks like KJU is still a brutal dictator.
>>8266297 @USNavy When one chapter comes to an end, another begins.
>>8266253, >>8266431 They're trying to Weaponize health for political gain. THESE PEOPLE ARE SICK
>>8266232 ARE large scale music festivals using MK ULTRA tactics on attendees?
>>8266228, >>8266239 call to diggz, Potus/NYT lawsuit
>>8266210 1 Minute Redpill Video on Snopes./oldie but goodie
>>8266949 #10583
#10582
>>8265624 planefaggin
>>8266036 DropBox, Inc. co-founder sold: $5.33m-Feb 25
>>8265808, >>8265891 Top Marine Orders Confederate Paraphernalia to Be Removed from All Bases
>>8265666, >>8265887 Former Baltimore Mayor Catherine Pugh sentenced to 3 years for 'Healthy Holly' children's book fraud scheme
>>8265663 Trump's India statecraft is forward-thinking and necessary
>>8265647 Rudy verus, versus
>>8265638 Camila María Concepción, a trans activist who wrote for two Netflix shows, has died at age 28, was suicide
>>8265600 deets on Dayton Doc
>>8265580 Ninth Circuit Court Of Appeals Rules Facebook, YouTube Are Not Bound By First Amendment
>>8265555 What if: [They] had a DNA database of undesirables setup for targeting?
>>8265502 and the Gen. Flynn saga continues
>>8265495 ECB's Lagarde Pours Cold Water On Trader Hopes For Imminent central bank Bailout
>>8265489 Macquarie Group also has historic links to the Trans-Texas corridor/Long Beach sale/Australia
>>8265487, >>8265536 CNN Adds 'Clarification,' Removes 'Fetus That Was Born' Phrase Describing A Baby
>>8265479 Little faggit made the NYT
>>8265464, >>8265478, >>8265501, >>8265552 Field McConnell sealed indictment is unsealed!
>>8265447, >>8265519, >>8265519, >>8265562, >>8265946 RACE CARD COMING FOR SHOOTING, possible name to dig Bruce C.T. Wright/Anthony Ferrill
>>8265435 Former Senior Iraqi Military Officer During the Saddam Hussein Regime has Been Sentenced and Denaturalized
>>8266172 #10582
Previously Collected Notables
>>8262869 #10578, >>8263724 #10579, >>8264550 #10580, >>8265330 #10581
>>8259831 #10574, >>8260605 #10575, >>8261365 #10576, >>8262085 #10577
>>8256625 #10570, >>8257438 #10571, >>8258196 #10572, >>8259034 #10573
>>8253528 #10566, >>8254297 #10567, >>8255998 #10568, >>8255812 #10569
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8266182 at 2020-02-27 18:59:27 (UTC+1)
Q Research General #10583: We Love Our Trainfags Edition
Global Announcements
>>8227327 Iwo Jima flag on YouTube for TOR posting
Notables
are not endorsements
#10582
>>8265624 planefaggin
>>8266036 DropBox, Inc. co-founder sold: $5.33m-Feb 25
>>8265808, >>8265891 Top Marine Orders Confederate Paraphernalia to Be Removed from All Bases
>>8265666, >>8265887 Former Baltimore Mayor Catherine Pugh sentenced to 3 years for 'Healthy Holly' children's book fraud scheme
>>8265663 Trump's India statecraft is forward-thinking and necessary
>>8265647 Rudy verus, versus
>>8265638 Camila María Concepción, a trans activist who wrote for two Netflix shows, has died at age 28, was suicide
>>8265600 deets on Dayton Doc
>>8265580 Ninth Circuit Court Of Appeals Rules Facebook, YouTube Are Not Bound By First Amendment
>>8265555 What if: [They] had a DNA database of undesirables setup for targeting?
>>8265502 and the Gen. Flynn saga continues
>>8265495 ECB's Lagarde Pours Cold Water On Trader Hopes For Imminent central bank Bailout
>>8265489 Macquarie Group also has historic links to the Trans-Texas corridor/Long Beach sale/Australia
>>8265487, >>8265536 CNN Adds 'Clarification,' Removes 'Fetus That Was Born' Phrase Describing A Baby
>>8265479 Little faggit made the NYT
>>8265464, >>8265478, >>8265501, >>8265552 Field McConnell sealed indictment is unsealed!
>>8265447, >>8265519, >>8265519, >>8265562, >>8265946 RACE CARD COMING FOR SHOOTING, possible name to dig Bruce C.T. Wright/Anthony Ferrill
>>8265435 Former Senior Iraqi Military Officer During the Saddam Hussein Regime has Been Sentenced and Denaturalized
>>8266172 #10582
#10581
>>8264733, >>8264948 planefaggs
>>8265265 Former doctor at Dayton Children's Hospital indicted on 145 charges of child pornography
>>8265243 Department of Justice Files Statement of Interest Defending Photographer on Free Speech Claim
>>8265233 Vice President Mike Pence has selected the State Department's top AIDS official, Deborah Birx, to join his coronavirus response team
>>8265222 Two Troopers in Same Dept. Arrested for Sharing Child Porn
>>8265160 U.S. fourth-quarter GDP unrevised; weakness in business spending persists/economists expect the struggling manufacturing sector to take a hit through supply chain disruptions and exports.
>>8265061, >>8265078 ITS AFRAID
>>8264951 Time between Pope being touched and being sick?
>>8264908 OPEN Press added to POTUS Schedule at 6:00PM
>>8264849 Click this if you wanna watch Pelosi attempt to stumble through another presser...vid
>>8264798, >>8264810 New California bill would pay meth users for staying sober
>>8264762 Iran's former ambassador to the Vatican has died of coronavirus
>>8264761 @RepGosar The same people voicing concern over a 23-year-old working in the White House have a 17-year-old Swedish teenager dictating their environmental agenda to them
>>8264721, >>8264806, >>8264866 Fethullah Gülen
>>8264714 They thought the SHEEP would follow the STARS/Mark Ruffalo
>>8264689 Nadler Cancels Judiciary Hearing On FISA Reform, Avoids Bipartisan Amendments
>>8264676 BREAKING: Masoumeh Ebtekar, one of Iran's vice presidents, has tested positive for coronavirus
>>8264671 Obama vs Trump in India, Who did it better? vid For the keks
>>8265330 #10581
Previously Collected Notables
>>8262869 #10578, >>8263724 #10579, >>8264550 #10580
>>8259831 #10574, >>8260605 #10575, >>8261365 #10576, >>8262085 #10577
>>8256625 #10570, >>8257438 #10571, >>8258196 #10572, >>8259034 #10573
>>8253528 #10566, >>8254297 #10567, >>8255998 #10568, >>8255812 #10569
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8266172 at 2020-02-27 18:58:06 (UTC+1)
Q Research General #10582: What's In Your Closet? Edition
#10582
>>8265624 planefaggin
>>8266036 DropBox, Inc. co-founder sold: $5.33m-Feb 25
>>8265808, >>8265891 Top Marine Orders Confederate Paraphernalia to Be Removed from All Bases
>>8265666, >>8265887 Former Baltimore Mayor Catherine Pugh sentenced to 3 years for 'Healthy Holly' children's book fraud scheme
>>8265663 Trump's India statecraft is forward-thinking and necessary
>>8265647 Rudy verus, versus
>>8265638 Camila María Concepción, a trans activist who wrote for two Netflix shows, has died at age 28, was suicide
>>8265600 deets on Dayton Doc
>>8265580 Ninth Circuit Court Of Appeals Rules Facebook, YouTube Are Not Bound By First Amendment
>>8265555 What if: [They] had a DNA database of undesirables setup for targeting?
>>8265502 and the Gen. Flynn saga continues
>>8265495 ECB's Lagarde Pours Cold Water On Trader Hopes For Imminent central bank Bailout
>>8265489 Macquarie Group also has historic links to the Trans-Texas corridor/Long Beach sale/Australia
>>8265487, >>8265536 CNN Adds 'Clarification,' Removes 'Fetus That Was Born' Phrase Describing A Baby
>>8265479 Little faggit made the NYT
>>8265464, >>8265478, >>8265501, >>8265552 Field McConnell sealed indictment is unsealed!
>>8265447, >>8265519, >>8265519, >>8265562, >>8265946 RACE CARD COMING FOR SHOOTING, possible name to dig Bruce C.T. Wright/Anthony Ferrill
>>8265435 Former Senior Iraqi Military Officer During the Saddam Hussein Regime has Been Sentenced and Denaturalized
#10582
#8266121 at 2020-02-27 18:51:56 (UTC+1)
Q Research General #10582: What's In Your Closet? Edition
#10582
>>8265624 planefaggin
>>8266036 DropBox, Inc. co-founder sold: $5.33m-Feb 25
>>8265808, >>8265891 Top Marine Orders Confederate Paraphernalia to Be Removed from All Bases
>>8265666, >>8265887 Former Baltimore Mayor Catherine Pugh sentenced to 3 years for 'Healthy Holly' children's book fraud scheme
>>8265663 Trump's India statecraft is forward-thinking and necessary
>>8265638 Camila María Concepción, a trans activist who wrote for two Netflix shows, has died at age 28, was suicide
>>8265600 deets on Dayton Doc
>>8265580 Ninth Circuit Court Of Appeals Rules Facebook, YouTube Are Not Bound By First Amendment
>>8265555 What if: [They] had a DNA database of undesirables setup for targeting?
>>8265502 and the Gen. Flynn saga continues
>>8265495 ECB's Lagarde Pours Cold Water On Trader Hopes For Imminent central bank Bailout
>>8265489 Macquarie Group also has historic links to the Trans-Texas corridor/Long Beach sale/Australia
>>8265487, >>8265536 CNN Adds 'Clarification,' Removes 'Fetus That Was Born' Phrase Describing A Baby
>>8265479 Little faggit made the NYT
>>8265464, >>8265478, >>8265501, >>8265552 Field McConnell sealed indictment is unsealed!
>>8265447, >>8265519, >>8265519, >>8265562, >>8265946 RACE CARD COMING FOR SHOOTING, possible name to dig Bruce C.T. Wright/Anthony Ferrill
>>8265435 Former Senior Iraqi Military Officer During the Saddam Hussein Regime has Been Sentenced and Denaturalized
#10582
#8265949 at 2020-02-27 18:32:02 (UTC+1)
Q Research General #10582: What's In Your Closet? Edition
>>8265930
Notables
>>8265624 planefaggin
>>8265666, >>8265887 Former Baltimore Mayor Catherine Pugh sentenced to 3 years for 'Healthy Holly' children's book fraud scheme
>>8265663 Trump's India statecraft is forward-thinking and necessary
>>8265638 Camila María Concepción, a trans activist who wrote for two Netflix shows, has died at age 28, was suicide
>>8265600 deets on Dayton Doc
>>8265580 Ninth Circuit Court Of Appeals Rules Facebook, YouTube Are Not Bound By First Amendment
>>8265555 What if: [They] had a DNA database of undesirables setup for targeting?
>>8265502 and the Gen. Flynn saga continues
>>8265495 ECB's Lagarde Pours Cold Water On Trader Hopes For Imminent central bank Bailout
>>8265489 Macquarie Group also has historic links to the Trans-Texas corridor/Long Beach sale/Australia
>>8265487, >>8265536 CNN Adds 'Clarification,' Removes 'Fetus That Was Born' Phrase Describing A Baby
>>8265479 Little faggit made the NYT
>>8265464, >>8265478, >>8265501, >>8265552 Field McConnell sealed indictment is unsealed!
>>8265447, >>8265519, >>8265519, >>8265562 RACE CARD COMING FOR SHOOTING, possible name to dig Bruce C.T. Wright/Anthony Ferrill
>>8265435 Former Senior Iraqi Military Officer During the Saddam Hussein Regime has Been Sentenced and Denaturalized
#8265742 at 2020-02-27 18:08:27 (UTC+1)
Q Research General #10582: What's In Your Closet? Edition
>>8265621
Not A Bulls So Far
>>8265600 deets on Dayton Doc
>>8265580 Ninth Circuit Court Of Appeals Rules Facebook, YouTube Are Not Bound By First Amendment
>>8265555 What if: [They] had a DNA database of undesirables setup for targeting?
>>8265502 and the Gen. Flynn saga continues
>>8265495 ECB's Lagarde Pours Cold Water On Trader Hopes For Imminent central bank Bailout
>>8265489 Macquarie Group also has historic links to the Trans-Texas corridor/Long Beach sale/Australia
>>8265487, >>8265536 CNN Adds 'Clarification,' Removes 'Fetus That Was Born' Phrase Describing A Baby
>>8265479 Little faggit made the NYT
>>8265464, >>8265478, >>8265501, >>8265552 Field McConnell sealed indictment is unsealed!
>>8265447, >>8265519, >>8265519, >>8265562 RACE CARD COMING FOR SHOOTING, possible name to dig Bruce C.T. Wright/Anthony Ferrill
>>8265435 Former Senior Iraqi Military Officer During the Saddam Hussein Regime has Been Sentenced and Denaturalized
#8265495 at 2020-02-27 17:38:27 (UTC+1)
Q Research General #10582: What's In Your Closet? Edition
ECB's Lagarde Pours Cold Water On Trader Hopes For Imminent central bank Bailout
With the Dow Jones entering a correction just 6 trading days after it hit an all time high, the market which has no idea how to trade in a down tape, is freaking out and predictably has spawned a rumor that an emergency rate cut is imminent, a rumor which may have been sparked by Kocherlakota's recent Bloomberg oped as well as Janet Yellen's hints last night at Brookings for coordinated global central bank action, and which has helped stocks recoup half their intraday losses.
Unfortunately for the bailout-starved investors, ECB head Christine Lagarde poured cold water on expectations of an imminent coordinated central bank market rescue, when she downplayed the chances of the ECB providing an imminent response to the spread of the coronavirus, which has prompted economists to slash their eurozone growth forecasts.
The ECB president told the Financial Times the ECB was monitoring the outbreak "very carefully" but said it was not yet at the stage where it would have a lasting impact on inflation and, therefore, require a monetary policy response.
"It is a fast-developing phenomenon, which requires that we monitor very carefully," said Ms Lagarde. "It is clearly not an area where a central bank has actually an opinion. It is really for the health service and health experts to give us their take . . . on the evolution and particularly importantly on containment."
Lagarde said all of the bank's base-case scenarios are "based at the moment on containment in reasonably short order".
"I was very pleased to see that the numbers in China on deaths relative to contagion seem to have declined for the third or fourth day, which seems to indicate that there is a degree of improvement," she added.
Lagarde's amusing faith in Chinese numbers aside (as the former IMF head she knows better than anyone just how fake Beijing's "data" is) her comments indicate that not only is an emergency intervention by the ECB (and likely Fed) unlikely, but that the central bank is hoping to keep interest rates on hold when it meets to discuss monetary policy in two weeks according to the FT, despite calls from economists for it to cut rates and step up its bond purchases.
At the same time, she said the bank would have to determine whether coronavirus was set to cause a "long-lasting shock" that would impact supply and demand as well as inflation. "But we are certainly not at that point yet," she added.
Needless to say, this stance by the head of the ECB, which has kept its deposit rate unchanged at minus 0.5% since a cut last September, could disappoint investors who are pricing in more rate cuts by the central bank in coming months. Earlier in the day, Europe's Stoxx Europe 600 tumbled 4%, as it entered a 10% correction it hit just over a week ago.
After ignoring the dire consequences of the coronavirus for weeks, economists finally started paying attention after the pandemic spread to other nations, rising fear that the impact of the virus will continue to disrupt global supply chains and compound the woes of European manufacturers, which have suffered two years of falling orders and production. They also worry the health crisis could weigh on weak growth in the eurozone, which last year fell to its lowest level in seven years.
Earlier in the day, bank of America cut its 2020 global growth forecast to 2.8%. This would be the lowest reading since 2009 as the world careens into its first recession since the financial crisis.
https://www.zerohedge.com/economics/ecbs-lagarde-pours-cold-water-trader-hopes-imminent-central-bank-bailout
#8265160 at 2020-02-27 16:52:35 (UTC+1)
Q Research General #10581: Pope Ain't Feel'n So Dope Edition
U.S. fourth-quarter GDP unrevised; weakness in business spending persists
The U.S. economy grew moderately in the fourth quarter, the government confirmed on Thursday, and is facing a bumpy road in early 2020 amid the fast-spreading deadly coronavirus that has roiled financial markets. Gross domestic product increased at a 2.1% annualized rate, supported by a smaller import bill, the Commerce Department said in its second estimate of fourth-quarter GDP. That was unrevised from last month's advance estimate and matched the growth pace logged in the July-September quarter.
The economy grew by an unrevised 2.3% in 2019, the slowest annual growth in three years and missing the Trump administration's 3% growth target for a second straight year.
Financial markets have been spooked by fears that the coronavirus, which has killed more than 2,000 people, mostly in China, and spread to other countries, could undercut the longest U.S. economic expansion on record, now in its 11th year.
Risky assets such as stocks have been sold off in favor of safe-haven government bonds. Money markets have boosted their bets on the prospect of more Federal Reserve interest rate cuts. The U.S. central bank cut rates three times last year and has signaled its intention to keep monetary policy on hold at least through 2020.
Though there is so far no real evidence that the coronavirus epidemic is impacting the U.S. economy, economists expect the struggling manufacturing sector to take a hit through supply chain disruptions and exports.
Pain for the services sector could come via the travel and tourism industry. Despite the unrevised reading to last quarter's GDP growth, which was in line with economists' expectations, consumer spending slowed more than previously reported. There were also downgrades to business investment and government spending.
That offset upward revisions to investment in home-building and inventory accumulation.
https://www.reuters.com/article/us-usa-economy/u-s-fourth-quarter-gdp-unrevised-weakness-in-business-spending-persists-idUSKCN20L22O
#8263971 at 2020-02-27 13:57:11 (UTC+1)
Q Research General #10580 Bad Guys On The Run! (corrected) Edition
10-year Treasury yield pushes below 1.30%, falling further into record territory
Treasury yields extended their drop into record territory on Thursday as jitters around COVID-19 spreading within the U.S., drew investors away from stocks to the benefit of bonds, with more new cases of the virus reported outside China than inside. The 10-year Treasury note yield TMUBMUSD10Y, -3.80% was down 2.1 basis points to 1.289%, setting an all-time low, while the 2-year note rate TMUBMUSD02Y, -5.74% slipped 4.2 basis points to 1.103%. The 30-year bond yield TMUBMUSD30Y, -2.64% edged 2.3 basis points lower to 1.775%, also a new record low. Bond prices move in the opposite direction of yields. An official from the Food and Drug Administration said COVID-19 was on its way to becoming a pandemic, and a confirmed case of the coronavirus in California that had no history of travel have raised worries that the virus could be spreading despite the travel restrictions imposed on China.
Also supporting bullish sentiment in Treasurys, Microsoft warned that the supply chain disruptions from the virus would have an impact on sales.
Futures for the S&P 500 SPX, -0.38% and the Dow Jones Industrial Average DJIA, -0.46% point to a lower open for U.S. stocks on Thursday. The broad-based S&P 500 benchmark is down 6.6% this week.
The potential for a spillover into the U.S. has heightened expectations for the Federal Reserve to ease monetary policy, on top of the three interest rate cuts the central bank carried out last year. Traders wagering on the direction of the Fed's benchmark interest rate in the fed fund futures market see close to a 50% chance of a quarter percentage point rate cut in March, according to the CME Group.
On the U.S. economics docket, weekly jobless claims, January durable goods and fourth-quarter gross domestic product data are all due at 8:30 a.m. ET, followed by last month pending home sales data at 10 a.m. Chicago Fed President Charles Evans will speak later at 11:30 a.m.
https://www.marketwatch.com/story/10-year-treasury-yield-pushes-below-130-falling-further-into-record-territory-2020-02-27
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.bloomberg.com/markets/stocks/futures
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
cap #3 is the CME Fedwatch futures for interest rate cuts at March 18th mtg-they have adjusted to the route in the bond mkt. 58.7% for a cut of 25 basis pts and 41.3% for "no change"-this was pegged at 90% for no change just recently
the FOMC does not set rates-the bond market does-they are in the process of doing this now. It habbens over a period of time and the FOMC is just the grocery clerk.
#8260305 at 2020-02-27 01:39:58 (UTC+1)
Q Research General #10575: These People Are Sick Edition
Stock markets in the three countries with the most coronavirus cases are all up today. It can't be just because of central bank action. At this point, why a certain country is up by wide margins on a bad coronavirus news day is anybody's guess. Someone said the sky is blue and the birds are singing. Buy it!
China, home to more than 78,000 hospitalized Covid-19 patients, is up 1.65% based on the XTrackers China CSI-300 A-Shares (ASHR) exchange traded fund.
South Korea, where 1,261 people are hospitalized with the bug, is up 2.06% as measured by the MSCI South Korea Index.
Italy, which has become the European hub of the outbreak and now has 322 people who have tested positive for Covid-19, is up 2.69% based on the MSCI Italy, even as two Italy states face travel restrictions. Automakers there are now worried about the supply chain ramifications.
more:
https://www.forbes.com/sites/kenrapoza/2020/02/26/for-some-strange-reason-the-three-biggest-coronavirus-markets-are-all-up/#422bbf011b8b
#8255953 at 2020-02-26 18:15:32 (UTC+1)
Q Research General #10570: Cyclops VS Psyops Edition
Stockman Warns "The Jig Is Up!" - Covid-19 And The Defenestration Of The central bankers
Let it be said that historians will surely marvel - and at some point soon - about the grand delusion of the present era. Namely, the near universal belief that central bankers could print, peg and palaver the main street economy into unfailing expansion and ever rising prosperity and that there were essentially no macro-risks to soaring stock prices that their toolkits couldn't contain and counteract.
That misbegotten belief had huge untoward consequences. It made economies brittle with too much leverage, financialization and speculation; and fragile with too few shock absorbers and insurance mechanism such as just-in-case inventories, second suppliers and local sources for physical production and back-up liquidity lines and balance sheet reserves for financial operations.
Then came the Black Bat of 2020 (or whatever) with its toxic economic contagion. Racing with virtually lightening speed through an infinitely complex and deeply integrated global supply chain anchored in the Red Ponzi, the breakdown of economic activity is already proving that the central banks are not omnipotent after all.
Just as they cannot print antibodies to stop the coronavirus disease, they can't print raw materials, intermediates, components and sub-assembly to restart broken supply chains. Super-QE wouldn't do it; double digit subzero rates wouldn't help; and openmouth forward guidance would only call to mind King Canute shouting at the incoming sea.
It is too early to tell, of course, as to whether the Covid-19 is the Big Bang or if it will be soon wrestled to ground by public health authorities around the planet, thereby eventually relieving the global supply chains of quarantined workers, grounded planes, ships and trains, depleted inventories and paralyzed business decision processes.
But even assuming the latter, the predicate of central bank omnipotence should now be swept into the dustpan of history. Not only can the Fed not repair and revive disrupted supply chains, but it can't even accomplish the conventional tasks it has defined for itself. Namely, making domestic inflation rise by 2.00% annually and causing output growth to adhere unfailingly to the path of full-employment GDP, world without end.
That's because in a world of Peak Debt--$255 trillion globally and $74 trillion in the U.S. alone-the Fed's policy tools are not only impotent; they are actually malignant.
It is now more than evident that the impact of massive bond-buying/balance sheet expansion (QE) and brutal repression of money market interest rates never goes beyond the canyons of Wall Street. It just inflates, inflates and inflates further the price of financial assets owing to the symbiotic confluence of carry trade speculators on Wall Street and the huge financial engineering joints that have been fostered in the C-suites of corporate America by central bankers.
As a consequence, capital has been artificially drafted into financial speculation and money dealing. At the same time, household and business balance sheets have been deeply impaired in order to live high on the hog today rather than investing for the long haul and positioning to weather the unpredictable vicissitudes of individual and collective life-illness, accidents, wars, pestilence, droughts and plagues, one of which we are now experiencing.
But virtually none of that vaunted "stimulus" makes its way to main street. Neither output, employment nor inflation is materially impacted by the Fed's incessant interventions and machinations in the financial markets.
https://www.zerohedge.com/economics/stockman-warns-jig-covid-19-and-defenestration-central-bankers
#8252141 at 2020-02-26 05:39:34 (UTC+1)
Q Research General #10565: Crimes Against Humanity Edition
Blame the Virus not the central bank Okay shhhh
More than $130 billion wiped off ASX 200 as coronavirus bloodbath deepens
Australia's share market has been rocked for the third day in a row, shedding around $50 billion in value as investors spook over fears the coronavirus will halt global trade.
As of 15.30 AEDT, the benchmark S&P/ASX200 had dropped 2.47 per cent or 169.8 points.
Since the market opened on Monday morning more than $130 billion has been wiped off local stocks.
For context, during the Global Financial Crisis in October 2008, the ASX200 lost 8.3 per cent in a single day and a staggering 16 per cent in a single week.
At the time, that equated to around $80 billion - although the market capitalisation of the local market has grown considerably since that day 12 years ago.
https://www.9news.com.au/national/asx-200-coronavirus-bloodbath-continues-130-billion-lost/416ca4be-0436-4299-a5d7-d270d8972a08
#8247265 at 2020-02-25 21:57:55 (UTC+1)
Q Research General #10558: We Owe Our Vets Everything! Edition
>>8246546
bank of International Settlements: 80% of central banks are Working on central bank Digital Currency
MachinaTrader
Follow
Jan 24 · 4 min read
https://medium.com/coinmonks/bank-of-international-settlements-80-of-central-banks-are-working-on-central-bank-digital-69ab0464f83b
#8244997 at 2020-02-25 18:28:40 (UTC+1)
Q Research General #10555: OK, Who Invited Acosta? Edition
>>8244940
>There is no economic downturn
http://www.chinabankingnews.com/2020/02/05/chinese-central-bank-injects-1-7-trillion-yuan-in-two-days-since-end-of-lunar-new-year-vacation/
Seems like China is supporting their economy with USD $242.9 billion
Q post #136
ROTHSCHILD OWNED & CONTROLLED bankS:
China: The People's bank of China
#8240477 at 2020-02-25 04:19:09 (UTC+1)
Q Research General #10550: The Insurgency Edition
Bilderberg again.
Been reading this Global Research article again. It exposes the Bilderberg wish list discussed at the 2009 meeting. There was some dissagreement about which would be better; a prolonged agonizing depression or a short, intense depression.
A report on the meeting said,
"One of Bilderberg's primary concerns....is the danger that their zeal to reshape the world by engineering chaos (toward) their long term agenda could cause the situation to spiral out of control and eventually lead to a scenario where Bilderberg and the global elite in general are overwhelmed by events and end up losing their control over the planet."
Topics also included:
- establishing a Global Treasury Department and Global central bank, possibly partnered with or as part of the IMF;
- a global currency;
- destruction of the dollar through what longtime market analyst Bob Chapman calls "a stealth default on (US) debt by continuing to issue massive amounts of money and credit and in the process devaluing the dollar," a process he calls "fraud;"
- a global legal system;
- exploiting the Swine Flu scare to create a WHO global department of health; and
- the overall goal of a global government and the end of national sovereignty.
"…exploiting the Swine Flu scare to create a WHO global department of health…"?
https://www.globalresearch.ca/the-true-story-of-the-bilderberg-group-and-what-they-may-be-planning-now/13808
Anon does not believe, for an instsant, that Bilderbergers have given up on their scheme. Corona virus replaces Swine Flu and causes markets to tank? Two goals achieved with one stone?
"…the end of national sovereigty."?
By failing to secure national boarders? By flooding nations with "migrants"?
By resisting a self proclaimed nationalist President and his supporters at every turn?
This sounds like Pelosi's (and her team's) playbook.
Anon believes Q has provided us with the information. We have missed the clues, or news unlocks the map.
Q says DS plans are known. Q #2575 is an example of known plans.
#8237648 at 2020-02-24 23:10:07 (UTC+1)
Q Research General #10546: C_A Ghosts in The Machine Edition
The big story today for the World? India and America relations soar to new heights with the friendly welcome of the 'Namaste Trump' 100,000+ event to celebrate the friendship between India and the USA.
The big story today for the FakeNews? Corona Virus (death rates consistent with common cold) is in meltdown crisis. Stock Market drops 1000 points.
The MSM Fake News is being isolated by POTUS, Xi and Putin. Brexit is dry ink now. EU is dying the death of a thousand paper cuts. China Dragon Family is going down. Oligarchs & central bank in Russia on the ropes. India/USA love fest.
I think we might have actually (ok we = White Hats + Q+) isolated the MSM and Dem Party and the radicals that embed therein.
For those who look closely, DeepState is getting dissected with the skill of a surgeon by Trump's Legal teams. This plan has been tweeked for years and is working like a big ole' domino trick.
#8235728 at 2020-02-24 19:11:42 (UTC+1)
Q Research General #10544: Guilty Forever! On to LA Edition
Market fuckery: The bets placed now are that FRB/FOMC are forced to cut rates in coronavirus response
CME Fed watch was pegged at upper end of 90th percentile for "no change" until today.-cap #1
Financial markets on Monday ratcheted up bets the U.S. Federal Reserve will be pressed to cut interest rates to cushion a feared hit to economic growth from the spread of the coronavirus. U.S. interest rates futures surged to their highest levels since last fall as evidence the virus was spreading further outside its original epicenter of China spurred a global sell-off in stocks and panicked buying of government bonds.
The federal funds futures contract tied to the Fed's July policy meeting FFN0 reflected a greater than 85% probability the central bank's benchmark overnight lending rate would be at least a quarter percentage point lower after that meeting's conclusion, according to the CME FedWatch tool. A month ago that was seen as a roughly 50-50 prospect.
Contracts expiring in early 2021 FFF1FFG1 were priced for a Fed policy rate of around 1% or lower, compared with the current level of between 1.50% to 1.75%, where it sits after three rate cuts last year.
Top U.S. central bank officials have signaled repeatedly that they see no need to cut rates further any time soon because they see the American economy performing well and it is too soon to judge the risk from coronavirus.
Still, as the virus spreads, their resolve is likely to be tested in the weeks ahead. Monday's stocks swoon followed a sharp increase in the number of cases reported in Italy, South Korea and Iran. In the U.S. Treasury market, the yield on the 30-year bond US30YT=RR (cap#2) - often viewed as a proxy for growth expectations - tumbled to record low of around 1.81%.
Perhaps more tellingly for the Fed, the 2-year note's US2YT=RR yield slid to below 1.25%, the lowest in nearly three years, taking it further below the Fed's rate. As the shortest duration of so-called coupon debt - bonds with a maturity longer than a year - the 2-year note's yield reflects bond market investors' expectations for Fed policy.
A month ago it was generally aligned with the fed funds rate. As concerns about the coronavirus have grown, however, the gap between the two has widened at roughly the pace seen last spring before the Fed's run of three rate cuts between July and October.
On Friday, a survey of U.S. purchasing managers indicated that activity in both the services and manufacturing sectors appeared to have stalled this month because of the outbreak, which upended global supply networks when goods production in China ground to a halt.
Apart from that report from IHS Markit, little evidence has yet to emerge of the virus denting U.S. growth, although economists have begun predicting it will.
Goldman Sachs on Sunday cut its estimate for first-quarter gross domestic product growth to 1.2% from 1.4% because of the disruption to supply chains.
https://www.reuters.com/article/us-usa-fed/markets-bet-fed-is-pushed-to-cut-rates-in-coronavirus-response-idUSKCN20I1KZ
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html
Cap#3….'nuthin to see here…..
#8230436 at 2020-02-24 02:28:16 (UTC+1)
Q Research General #10537: Schifty Schiff's Leaking Backfires Edition
Podcast: bank of Finland's Aleksi Grym on a 1990s' digital currency
Avant was launched to establish a new payments network but failed due to competition from ATMs
Discussions around whether central banks should issue a digital asset of their own have become more urgent following Facebook's Libra announcement
Speaking in central banking's latest TechTalk episode, Alexi Grym - digitalisation adviser to the bank of Finland - reveals central bank digital currencies are not a new phenomenon. In fact, they have been around since the 1990s; they were just not talked about.
In 1993, the bank of Finland launched its Avant project, which in some ways preceded the attempts to create current central bank-issued digital currencies. "The thing with Finland is we are very good at technology but very bad at marketing," he says.
Avant was essentially a digital version of a prepaid top-up card, with a chip that effectively stored 'digital money'. At the time, Avant accounts could be refilled with up to 2000 markka (equivalent to ?436 euro today). But it cost 2 marrka (then ?0.34) to load or unload the digital "card".
Avant was run by Toimiraha, a company owned by the bank of Finland, which was later sold to a group of commercial banks. The idea behind the card, Gym explains, was to establish a single national electronic payment system. The commercial banks would bring their customer bases and their ATM networks.
https://www.centralbanking.com/fintech/4732356/podcast-bank-of-finlands-aleksi-grym-on-a-1990s-digital-currency
#8225710 at 2020-02-23 15:13:53 (UTC+1)
Q Research General #10531: 75th Anniversary of the Battle of Iwo Jima Edition
No global digital tax by end-2020 would mean digital tax chaos: France
Failure to reach a global deal on where and how much to tax digital giants like Google, Amazon or Facebook would result in many digital tax regimes emerging all over the world, France's Finance Minister said on Sunday. Speaking to Reuters on the sidelines of a meeting of world financial leaders, Bruno Le Maire said the gathering had been very useful in establishing consensus on such global tax rules.
Finance ministers and central bank governors from the world's 20 biggest economies, the G20, met in Riyadh for talks on global economic issues, with digital taxation topping their two-day agenda. "For the first tine there is wide consensus among the G20 members on the necessity of having a new international taxation system," Le Maire said.
"We have to address the issue of digital companies making profits in many countries without any physical presence, which means without paying the due level of taxes," he said.
"And we also have to address the key question of minimum taxation and the risk of having a race to the bottom on taxation," he said.
France has already adopted its own digital tax, but suspended it until the end of the year to give the G20 time to work out a global deal to which all countries would subscribe.
The Organisation for Economic Cooperation and Development, the G20's think tank, wants to agree on technical details of such a tax by July and a full agreement among the G20 is expected by the end of the year. "There is a consensus to build a solution by the end of 2020," Le Maire said, noting the alternative - no agreement - would create a proliferation of different tax systems making life more difficult for companies.
"Lets be clear - either we have at the end of 2020 an international solution… clearly in the interest of all countries and digital companies, or there is no solution and … then it will be up the national taxes to enter into force," Le Maire said. "Instead of having one single, simple solution, we would have many different digital taxes, all over the world," he said.
The United States, home to most of the digital giants, has been wary of committing to a solution on taxing them before U.S. presidential elections later this year, and has threatened to slap tariffs on French goods if Paris did not suspend the implementation of the tax.
https://www.reuters.com/article/us-g20-saudi-france-tax/no-global-digital-tax-by-end-2020-would-mean-digital-tax-chaos-france-idUSKCN20H0ID
#8219398 at 2020-02-22 21:38:20 (UTC+1)
Q Research General #10523: Saturday Afternoon Division Shills On It Edition
IMF downgrades China GDP growth outlook to 5.6%
The finance chiefs of the Group of 20 major economies on Saturday agreed to coordinate efforts as the new coronavirus outbreak in China emerges as a potential risk to the global economy, Japanese Finance Minister Taro Aso said.
It is the first G-20 gathering since the outbreak of the pneumonia-causing virus has brought the Chinese economy nearly to a standstill amid efforts to contain the disease. The epidemic has already claimed the lives of more than 2,000 people and has spread to more than two dozen countries including neighboring Japan.
"The spread of the new coronavirus is a public health crisis that could pose a serious risk to the macro economy through the halt in production activities, interruptions of people's movement and cut-off of supply chains," Aso told reporters after the first day of the talks ended in Riyadh.
"We talked about the need to collaborate," he said.
China did not send its finance minister or central bank governor to the gathering that will continue through Sunday, as the world's second-largest economy struggles to contain the disease that first emerged in central China's city of Wuhan in December.
During the G-20 meeting, the International Monetary Fund reported the 2020 growth forecast of China to be 5.6%, a decrease by 0.4 percentage point from its earlier estimate in January and the lowest level of growth since 1990.
While noting that the uncertainties are "too great to permit reliable forecasting" and many scenarios can play out depending on how quickly the virus is contained, IMF chief Kristalina Georgieva said that her institution is currently expecting China's economy to "return to normal" in the April-June quarter.
"As a result, the impact on the world economy would be relatively minor and short-lived," she said at the meeting, according to a statement by the IMF.
In that scenario, global growth would also be affected downward by about 0.1 point, it said.
Japan, the world's third-largest economy, could be affected by slowing exports to China, supply chain disruptions and a drop in the number of Chinese tourists, bank of Japan Governor Haruhiko Kuroda told reporters ahead of the meeting.
"We must pay attention to these three channels… we don't know when this coronavirus epidemic will come to an end, so the uncertainty remains high," he said. The BOJ chief, however, said the Japanese economy remains on a path of moderate recovery.
Another key topic during the two-day discussions will be international taxation rules for information technology giants such as Apple Inc. and Google LLC's parent Alphabet Inc. amid criticism they are not paying their fair share of taxes despite making profits in countries where they are not physically present.
The G-20 finance ministers and central bank governors are expected to endorse a proposal outline on the issue agreed by Organization for Economic Cooperation and Development members in January, which would enable countries to tax major multinationals including digital companies based on the location of their customers.
The goal is to agree on a new international tax system by the end of this year, but the process could be complicated in the course of fleshing out the details.
With the envisioned new rules likely to affect U.S. technology companies, Washington has proposed a "safe-harbor" regime that tax experts have said would allow companies to choose to continue operating under the current taxation rules.
U.S. Treasury Secretary Steven Mnuchin said in a symposium held on the sidelines of the G-20 meeting that the matter is a "complicated issue that challenges a fundamental premise of the international tax system, which is physical presence."
Additionally, the G-20 finance chiefs are expected to discuss challenges and possible regulations over digital currencies, according to Japanese officials.
The finance ministers and central bank governors plan to issue a communique upon wrapping up their talks on Sunday.
Saudi Arabia is the first Arab nation to hold the G-20 presidency after taking over from Japan late last year.
https://asia.nikkei.com/Spotlight/Coronavirus/IMF-downgrades-China-GDP-growth-outlook-to-5.6
#8214974 at 2020-02-22 07:19:13 (UTC+1)
Q Research General #10517: Lowest of Shit-Tier Crackhouse Shills Tonight Edition
-Did New York used to be called New Amsterdam?
-Did the first private central bank in the world happen to be called the "bank of Amsterdam"?
-Did the bank of Amsterdam lend large amounts of money to the Dutch East India Company?
-Was the Dutch East India Company responsible for the beginning of Slave trade?
"Blacks really get caught up in the
idea of racism over the idea of industry."
"Racism can't control me."
-Yeezy
#8214746 at 2020-02-22 06:39:45 (UTC+1)
Q Research General #10517: Lowest of Shit-Tier Crackhouse Shills Tonight Edition
>>8214687
Didn't New York used to be called New Amsterdam?
Did first private central bank in the world happen to be called the bank of Amsterdam?
Did the bank of Amsterdam lend large amounts of money to the Dutch East India Company?
#8208828 at 2020-02-21 19:57:03 (UTC+1)
Q Research General #10509: Dem Debate Lineup Anon Style Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish) The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#8208026 at 2020-02-21 18:34:38 (UTC+1)
Q Research General #10508: Nothing Can Stop What is Coming, Nothing! Edition
Did The Fed Just Reveal Its Plans For A Digital Dollar Replacement?
Thanks to the Federal Reserve, the idea that you can go into a store and anonymously purchase something with cash might soon be obsolete.
Why? Because they're developing something called Fedcoin, which would be based on blockchain technology.
If you're unfamiliar with blockchain technology, you're not alone. Here's how a piece on Motley Fool describes it:
The digital and decentralized ledger that records all transactions. Every time someone buys digital coins on a decentralized exchange, sells coins, transfers coins, or buys a good or service with virtual coins, a ledger records that transaction, often in an encrypted fashion, to protect it from cybercriminals. These transactions are also recorded and processed without a third-party provider, which is usually a bank.
Right now, Bitcoin is a popular form of cryptocurrency that operates using blockchain technology. Like the description above, Bitcoin is decentralized, its transactions are anonymous, and no central bank is involved.
But the irony is, the blockchain tech behind the Fed's idea isn't likely to be used the way Bitcoin uses it. Not even close.
Originally, the "Fedcoin" idea appeared to be a security enhancement to a century-old system used for clearing checks and cash transactions called Fedwire. According to NASDAQ in 2017:
This technology will bring Fedwire into the 21st Century. Tentatively called Fedcoin, this Federal Reserve cryptocurrency could replace the dollar as we know it.
The idea didn't seem to move very much three years ago, but now the idea of a central bank-controlled "Fedcoin" seems like it could be moving closer to reality, according to a Reuters report from February 5.
According to the report, "Dozens of central banks globally are also doing such work," including China.
Of course, there is risk, according to Federal Reserve Governor Lael Brainard. For example, there is the potential for a country-wide run on banks if panic ensued while the Fed "flipped a switch" and made Fedcoin the primary currency for the United States.
But blogger Robert Wenzel warns the risks of the Federal Reserve issuing its own cyber currency may run even deeper than that.
"This is not good."
Lawmakers try to package and sell whatever ideas they come up with, no matter how intrusive or ineffective they might be.
According to Brainard, Fedcoin has the potential to provide "greater value at a lower cost" for monetary transactions. Sounds reasonable, if taken at face value.
But no matter how the Fed may try to "sell" the idea of utilizing Fedcoin in the future, Wenzel's warning is pretty clear:
A Federal Reserve created digital coin could be one of the most dangerous steps ever taken by a government agency. It would put in the hands of the government the potential to create a digital currency with the ability to track all transactions in an economy-and prohibit transactions for any reason. In terms of future individual freedom, this would be a nightmare.
If you use cash at a grocery store, no one will know who you are or what you bought unless it was caught on video or you use a reward card. In the rare instance a store accepts Bitcoin, the same would be true.
But if you were to use a centrally-controlled digital currency like Fedcoin, who knows what the Fed will decide to track now or in the future? Or what meddling they could come up with to deny your transaction?
https://www.zerohedge.com/crypto/did-fed-just-reveal-its-plans-digital-dollar-replacement
#8198618 at 2020-02-20 22:45:07 (UTC+1)
Q Research General #10496: Leslie Wexner L Brands Edition
Loose change
Fill your pockets with these newsy tidbits.
Michael Bloomberg has unveiled a stance on cryptocurrency policy, making his the only active Democratic presidential campaign to address the topic directly. (TR) Remember, President Trump has only spoken out once about crypto since he's been in office, and he did not say nice things.
The Union of European Football Associations (UEFA) today announced that it will use a blockchain application to distribute one million tickets to fans' mobile phones, which it says will prevent illegal duplication. (Decrypt)
BitGo, which develops technology for financial institutions to securely store crypto-assets, has acquired Harbor, which develops technology to "tokenize" company shares and other securities. (The Block)
Enigma MPC, a startup focused on smart contract privacy, has settled with the US Securities and Exchange Commission over charges that it sold unregistered securities during its 2017 ICO, which raised $45 million. (CoinDesk)
Brazil's central bank says that in November it will launch a near-instant payment system that will run 24 hours a day, seven days a week. (Reuters)
US crypto firm Paxos says it has teamed with Credit Suisse and Japanese financial institution Nomura to pull off the first live blockchain-based settlement of US equities. (CoinDesk)
>>8198596
>>8198584
>>8198578
#8198596 at 2020-02-20 22:42:35 (UTC+1)
Q Research General #10496: Leslie Wexner L Brands Edition
Sweden is now testing its digital version of cash.
The Riksbank, Sweden's central bank, has announced the launch of a year-long pilot project of its proposed e-krona. The project will use distributed ledger technology inspired by the blockchains that run cryptocurrencies.
Physical cash is headed toward obsolescence in Sweden. Nearly everyone uses a mobile payment application called Swish, and it's been estimated that retailers could stop accepting cash by 2023. This concerns the country's central bankers, for two reasons. First, they fear if the payment infrastructure is left completely to the private sector certain groups might be excluded. Second, if people lose the ability to convert their commercial bank account money into a form of "cash" backed by the government it might undermine their faith in the money system.
That's why, a few years ago, the Riksbank began investigating the possibility of a state-backed digital currency that might play a similar role that physical cash does today.
For a recent article on the future of cash, I spoke with Riksbank economist Gabriel Söderberg, who argued that whereas private companies are motivated by profit, the central bank would be focused on offering a public good. It has an incentive to focus on making a digital payment system that is user-friendly and accessible to everyone.
According to a press release, the pilot project will run until the end of February 2021. But there could be more tests. "There is currently no decision on issuing an e-krona, how an e-krona might be designed or what technology might be used." Söderberg told me that the decision over whether to issue a sovereign digital currency will need to involve the Swedish public. "This decision is too big for a central bank alone, at least in the Swedish context."
>>8198584
>>8198578
#8196739 at 2020-02-20 19:18:14 (UTC+1)
Q Research General #10493: Hot Anons Make A Burning Kitchen Edition
Gold futures post highest settlement since mid-February 2013
Settlement price is taken at 1:30pm EST even though it continues to trade on the COMEX.
Gold futures climbed Thursday, sending bullion up for a sixth straight session to its highest finish in seven years,as persistent worries about China's coronavirus and a benign interest-rate environment provide a runway higher for the precious metal.
Gold for April delivery GCJ20, +0.58% on Comex rose $8.70, or 0.5%, to settle at $1,620.50, after a similar rise on Wednesday. Prices for the most-active contract posted the highest finish since Feb. 14, 2013, according to FactSet data. Gold has climbed in tandem with the U.S. dollar, something that doesn't usually occur as a stronger greenback can weaken the appeal for dollar-pegged safe haven assets like gold. The U.S. dollar index DXY, +0.14% climbed for a third day Thursday to a three year high.
On Thursday, the China's central bank cut its benchmark one-year loan prime rate by 10 basis points, and the five-year loan prime rate by 5 basis points.
That followed its recent cut in the one-year medium-term lending rate.
The PBOC "sent another solid signal to investors to sway them that the bank is ready to support the economy through its monetary policies," said Naeem Aslam, chief market analyst at AvaTrade.
Gains for metals come as fears about stress to the global economy from the virus has pushed the 10-year Treasury note yield TMUBMUSD10Y, -2.71% down to 1.525%, while the ICE Dollar Index DXY, +0.14%, a gauge of the buck against a basket of a half-dozen currencies, was up 0.1% at 99.831, trading around 0.7% higher week to date.
"Gold rise and US dollar index rising simultaneously is symbolic of safe haven demand. I had mentioned last week that global spread of coronavirus is the key. Coronavirus is infecting more and more people worldwide," said Chintan Karnani, chief market analyst at Insignia Consultants.
If U.S. bond yields "continue to trade at historically low levels for the rest of the month," then gold will rise to $1,672.50 and then $1,707.80 by early March, Karnani told MarketWatch. Low bond yields have resulted in switch over to gold investment over bonds, he added.
Although the daily rate of new cases of COVID-19, the infectious disease that reportedly originated in Wuhan, China, has gone down, investors have been keying in on the spread of coronavirus in other parts of the globe.
South Korea's Yonhap News Agency said COVID-19 has claimed the nation's its first life. The mayor of the South Korean city of Daegu urged its 2.5 million people to refrain from going outside, according to the Associated Press. Meanwhile, Japan reported the death of a pair of elderly passengers who had been on a ship that had quarantined because of the virus.
Precious metals pulled back slightly after U.S. economic data early Thursday. Initial jobless claims edged up by 4,000 to 210,000 in the seven days ended Feb. 15, the government said Thursday. The figures are seasonally adjusted. Economists polled by MarketWatch had forecast a 210,000 reading. A reading on manufacturing, meanwhile, the Philadelphia Fed Business Outlook Survey, produced a reading that was its highest in three years, outstripping analysts' estimates.
Among other metals, March silver SIH20, +0.08% settled at $18.319 an ounce, up less than penny, or 0.04%. Prices are holding at their highest levels since January of this year. March copper HGH20, -0.71% shed 0.7% to $2.588 a pound.
April platinum PLJ20, -2.45% shed 2.5% to $979 an ounce, but March palladium PAH20, +1.07% climbed by 0.1% to $2,573.90 an ounce-just enough to eke out another record settlement.
https://www.marketwatch.com/story/gold-extends-gains-to-highest-level-since-2013-2020-02-20
#8196320 at 2020-02-20 18:38:53 (UTC+1)
Q Research General #10493: Hot Anons Make A Burning Kitchen Edition
>>8196298
>CHINA FILES 84 PATENTS FOR central bank DIGITAL CURRENCY
The future is a Gold token backed by central bank deposits.
#8196298 at 2020-02-20 18:37:16 (UTC+1)
Q Research General #10493: Hot Anons Make A Burning Kitchen Edition
>>8196294
Dominoes Are Falling - China Shutdown To Crush India's Already-Crumbling Economy
https://www.zerohedge.com/markets/dominos-are-falling-china-shutdown-disrupts-indias-economy
China destroys $600 million in cash to stop coronavirus spread on infected bank notes
https://www.dailystar.co.uk/news/world-news/china-destroys-600-million-cash-21520944
Did coronavirus originate in Chinese govt laboratory?
https://www.thenews.com.pk/print/615052-did-coronavirus-originate-in-chinese-govt-laboratory?fbclid=IwAR00g8apH06I0NdgQAd1TUcX3wSClK3qOAGXfB7YsM6wysCOCQ098U5uBrE
What is the Xiangshan Forum, and why is it important?
https://news.cgtn.com/news/2019-10-20/What-is-the-Xiangshan-Forum-and-why-is-it-important-KWbX9Xt0hW/index.html
Amid Coronavirus, the World Closes Its Doors to China: 'I Feel So Isolated'
https://www.wsj.com/articles/amid-coronavirus-the-world-closes-its-doors-to-china-i-feel-so-isolated-11582060811
Amid the coronavirus outbreak, China is now also fighting deadly bird flu in chickens
https://www.businessinsider.com/h5n1-deadly-bird-flu-emerged-near-center-coronavirus-outbreak-2020-2
China Approves Imports of Live Poultry From US
https://www.theepochtimes.com/china-approves-imports-of-live-poultry-from-us_3240571.html
Why the global battle over Huawei could prove more disruptive than Trump's trade war with China
http://theconversation.com/why-the-global-battle-over-huawei-could-prove-more-disruptive-than-trumps-trade-war-with-china-131828
Which Supply Chains Are Most At Risk: The Answer In One Chart
https://www.zerohedge.com/economics/which-supply-chains-are-most-risk-answer-one-chart
Did coronavirus originate in Chinese government laboratory? Scientists believe killer disease may have begun in research facility 300 yards from Wuhan wet fish market
https://www.dailymail.co.uk/news/article-8009669/Did-coronavirus-originate-Chinese-government-laboratory.html
CHINA FILES 84 PATENTS FOR central bank DIGITAL CURRENCY
https://bitcoinist.com/china-files-84-patents-for-central-bank-digital-currency/
Rituals, Events & Military Meetings ~ UN Agenda~ Prior To 'Reported' Virus Outbreak
https://www.youtube.com/watch?v=bgczmGOFXiA
#8195673 at 2020-02-20 17:40:01 (UTC+1)
Q Research General #10492: Catch the Q's, Media Going Down! Edition
Peter Schiff: Printing Money Is Not The Cure For Cononavirus
In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets.
Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system.
All this means more liquidity - central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China."
Although the new money is primarily being created in China, it is flowing into dollars - the dollar index is up - and into US stocks. Last week, US stock markets once again made all-time record highs.
In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market."
In the midst of all this, Peter raises a really good question.
The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down.
Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn't. In fact, it actually exacerbates it. But you know, everybody looks and central bankers as if they've got the solution to every problem. They don't. They don't have the magic wand. They just have a printing press. And all that creates is inflation."
Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy.
In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more."
Peter explained how the Fed was originally intended to create an "elastic" money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction - that's up.
The economy is strong, print money. The economy is weak, print even more money."
Of course, the asset that's doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies.
Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they're buying dollars or more aggressively than they're buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold."
Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy - which of course, is not booming.
https://www.zerohedge.com/markets/peter-schiff-printing-money-not-cure-cononavirus
#8193972 at 2020-02-20 13:54:57 (UTC+1)
Q Research General #10490: Thursday Morning e-Bake
Another Rothchild owned bank and country going down.
Two Years After Handing It The Biggest Ever Bailout Loan, IMF Finds Argentina Debt Levels Are "Unsustainable"
https://www.zerohedge.com/economics/two-years-after-handing-it-biggest-ever-bailout-loan-imf-finds-argentina-debt-levels-are
https://newspunch.com/complete-list-of-rothschild-owned-and-controlled-banks/
Here is a complete list of all Rothschild owned and controlled banks. The U.S. entries might surprise you.
Afghanistan: bank of Afghanistan
Albania: bank of Albania
Algeria: bank of Algeria
Argentina: central bank of Argentina
#8191266 at 2020-02-20 04:50:21 (UTC+1)
Q Research General #10486: WWG1WGA 17 Edition
China cuts lending rate to help coronavirus-hit economy
central bank's first reduction in 3 months aims to support small companies.
The People's bank of China lowered the benchmark lending rate for February, the central bank announced Thursday, in a sign to support small and mid-sized enterprises which are severely hit by the outbreak of the new coronavirus.
The one-year loan prime rate (LPR) was cut by 0.1% to 4.05% from the previous monthly fixing. The LPR is a lending reference rate set monthly by 18 banks at which they lend to customers with good credit. It was first announced in August 2019, as a means to substitute the bank's base rate used for policy interest rate. The bank announces the LPR on the 20th of every month.
The last rate cut was in November 2019, which marked a smaller decrease of 0.05%. The aim this time is to support the cash flows of small and medium companies, as the end of the coronavirus is still unclear, while retail, food-service, tourism and leisure sectors are confronting massive reduction in their sales.
Such companies may lack in cash reserves. The PBoC seeks to lighten their burden of repayment through the rate cut. The PBoC instructs banks to decide their interest rate for corporate financing based on the LPR. As the lending rate is fixed by adding credit risks of individual companies on top of the LPR, the interest rate for small and mid-sized companies is likely to be lowered by cutting the LPR.
Meanwhile, the five-year LPR, which guides housing loans, was lowered by 0.05% to 4.75%. The last rate cut was also in November. The central bank seems to help increasing households who have difficulties in repayment as they see their wages being cut due to the epidemic.
https://asia.nikkei.com/Economy/China-cuts-lending-rate-to-help-coronavirus-hit-economy
#8187555 at 2020-02-19 23:27:20 (UTC+1)
Q Research General #10481: Say Want Again Edition
Fed staff float plan to end term-repo after April, minutes show
Senior Federal Reserve staff proposed ending longer-term loans to banks after April as part of a broader blueprint laying out how the central bank could scale back the support provided to money markets, the minutes from the January policy meeting showed. The proposal, which received a warm reception from policymakers, explained how the Fed could gradually reduce interventions in the market for repurchase agreements, or repo, and slow its balance sheet expansion.
The central bank began the repo operations in mid-September, when a cash shortage led to a surge in short-term borrowing costs and caused the federal funds rate to trade outside of the Fed's target range. The Fed is also purchasing $60 billion a month in short-term Treasury bills to raise the amount of permanent reserves in the banking system to a level where the interventions are no longer needed.
Lorie Logan, manager of the open market account at the New York Federal Reserve, told policymakers she expected the central bank could slow the pace of Treasury bill purchases in the second quarter. In the meantime, the Fed could continue reducing the scale of its repo operations, with a plan to potentially phase out longer-term repo operations after April, the minutes showed.
The central bank began gradually reducing the size of its repo offerings this year after avoiding a potential repeat of money market volatility in December. This week, for example, the Fed lowered the maximum offerings to $100 billion for daily repo operations and to $25 billion for term operations. The Fed is likely to offer some repo support at least through April to make sure there are enough reserves in the banking system during the tax season, Logan told officials. And after reserves return to "durably ample levels," the Fed would only have to conduct market operations as needed to expand the balance sheet in line with the Fed's liabilities.
Policymakers said they were "comfortable" with the proposal for bringing reserves back to ample levels, emphasizing once again that the efforts to boost liquidity are "technical" in nature and "not intended to represent a change in the stance of monetary policy."
Several Fed officials also suggested that the committee should return "before long" to the discussion over a potential standing repo facility, which would allow banks to borrow reserves as needed at a fixed rate. Creating such a tool could reduce demand for reserves, some participants noted.
https://www.reuters.com/article/us-usa-fed-minutes-repo/fed-staff-float-plan-to-end-term-repo-after-april-minutes-show-idUSKBN20D2R4
#8181447 at 2020-02-19 06:50:54 (UTC+1)
Q Research General #10473: Muh Ghost Protocol Edition
https://www.zerohedge.com/markets/yellen-says-fed-should-buy-stocks-next-crisis
More…
Speaking via video conference with bankers in Kansas City, Yellen said that the Fed would take a page out of the SNB and BOJ playbook, and "might be able to help the U.S. economy in a future downturn if it could buy stocks and corporate bonds." Of course, by "US economy" she meant the "top 1%" and their political cronies.
And while Yellen was quick to walk back this "hypothetical" scenario, saying that "the issue was not a pressing one right now" and pointed out the U.S. central bank is currently barred by law from buying corporate assets, the idea was already "incepted" in the heads of America's political rulers (whose fate is just as tied to the vagaries of the stock market) and the law can be changed literally overnight. And after all, it is only a matter of time before a crisis does hit, and now Yellen has explained has to happen to avoid an all out social catastrophe in a country where financial assets account for nearly 6x of GDP.
However, thanks to Yellen we now know that the Fed won't go down without a fight… or at least without monetizing everything before the Marriner Eccles building is finally burned down.
Last month, Yellen told a conference the Fed would fight a future recession by buying government debt and jaw boning interest rates lower with pledges on future policy. But she said other tools might be necessary, including expanding the range of assets it would purchase.
And so, thanks to Janet Yellen, we now we know that before the current fiat regime of central banks finally ends and before stocks go limits up as the revolution starts, the Fed will order a POMO of, well, everything in one final, last ditch effort to keep social stability by creating the impression that stocks are stable and rising even as society implodes.
Will it be successful? Normally we would say "not a chance." But when one considers that that's precisely what has happened for the past decade, and one has to think really hard just how much further the Fed can keep kicking the can before it all comes crashing down.
#8170502 at 2020-02-18 04:46:18 (UTC+1)
Q Research General #10459: Shall We Play A Game Over? Edition
HSBC sets new cost cutting, profit targets after 2019 profit falls 33%
HONG KONG/LONDON (Reuters) - HSBC Holdings PLC on Tuesday unveiled plans to cut costs and simplify its structure to boost earnings, after its 2019 profit dropped 33% hit by one-time write-offs linked to its investment banking and commercial banking businesses in Europe. The wider strategy overhaul comes amid slowing economic growth in HSBC's major markets, an outbreak of a fast-spreading coronavirus, Britain's protracted withdrawal from the European Union, and lower central bank interest rates.
While the London-headquartered bank has benefited from billions of dollars of investment in Asia over the last few years - mainly in China - sluggish performance in Europe and the United States has pulled down its returns.
Europe's biggest bank by assets, which makes the bulk of its revenue in Asia, reported profit before tax of $13.35 billion for 2019 versus $19.89 billion a year earlier. That compared with the $20.03 billion average of brokerage estimates.
The profit drop was a result of $7.3 billion in write-offs linked to its global banking and markets and commercial banking business units in Europe, HSBC said in its earnings statement.
The bank said it planned to achieve a reduced adjusted cost base of $31 billion or below in 2022, underpinned by a new cost reduction plan of $4.5 billion, and return of tangible equity in the range of 10% to 12% in the same period.
HSBC is in over 50 countries across Europe, North America, the Middle East and Asia - with the latter accounting for roughly half of its revenue and 90% of profit.
The strategy update was presented by interim Chief Executive Noel Quinn. HSBC said the process for appointing a permanent CEO was ongoing and that it expected to make an appointment within the six to 12 months as earlier outlined.
https://www.reuters.com/article/us-hsbc-hldg-results/hsbc-sets-new-cost-cutting-profit-targets-after-2019-profit-falls-33-idUSKBN20C0BF
#8166319 at 2020-02-17 21:59:13 (UTC+1)
Q Research General #10454: Lynch and Comey Are Not Forgotten Edition
This Is What Hedge Funds Bought And Sold In Q4: Complete 13F Summary
Many years ago, hedge fund 13-F reporting season was a time of excitement for all those who find perverse delight in reverse-engineering what hedge funds owned some 45 days ago (without even having a glimpse of their offsetting short book), as if it would give them the magic key to outperforming the market (it wouldn't). That excitement faded away about 5 years ago when it became painfully clear that in a time of central planning and activist central banks which would never allow another bear market, and as a result hedge funds failed to outperform the S&P500 (which charges 0 and 0 compared to the 2 and 20 demanded by the "smart money") every single year of the past decade. It's also why, with a few notable exceptions (such as Dan Loeb, Warren Buffett and a handful of others), almost nobody cares about 13F filings anymore.
For those who still do, and have yet to grasp that in our day and age only buybacks, ETFs, HFT stop hunts, and central bank balance sheets matter, here is a summary of what the most prominent hedge funds did in the fourth quarter.
First, as noted last week, Warren Buffett's Berkshire Hathaway unexpectedly added a position in supermarket operator Kroger, which gained as much as 7.3% in extended trading on Friday. The fund also added Biogen, while trimming its holdings in bank stocks including Wells Fargo & Co., Goldman Sachs Group Inc. and bank of America Corp.
Meanwhile, according to Bloomberg, Google owner Alphabet saw hedge funds including Eminence Capital and Soroban Capital trim their holdings in its Class A or Class C shares. Viking Global exited its stake in the company's Class C shares while trimming its position in the Class A shares. Balyasny exited its position in the Class A shares. Tiger Global added a stake in Alphabet's Class A shares.
Appaloosa Investment added a position in Intelsat S.A., which has fallen 89% from an October high, while two of the top reported holders, BC Partners Advisorsand Silver Lake Group, trimmed their positions in the satellite operator.
Tiger Global tripled its holdings in Uber Technologies Inc., as Viking Global more than doubled its stake in the company. Balyasny and Eminence both added positions in the company, while Arrowgrass and Lansdowne exited.
Some investors trimmed or exited their stakes in Axalta Coating Systems Ltd.amid the company's prolonged sales process. Corsair Capital Management sold its shares in the car-paint maker as Jana Partners trimmed its holding in the stock. Soroban added to its stake.
Notably, former hedge fund darling Beyond Meat saw funds including Tiger Global and Eminence sell off their shares in the company. Coatue, on the other hand, added a position in the faux-meat maker.
A quick recap of what the rest did is below, courtesy of Bloomberg:
ADAGE CAPITAL PARTNERS LP
Top new buys: BMY, MMM, JCI, TJX, BIIB, CABA, ETN, XP, ITW, KNX
Top exits: ANAB, ABBV, WM, FGEN, GT, ATUS, DOW, LYB, SWK, W
Boosted stakes in: UTX, AGN, COST, ARNC, SRE, CF, FB, JNJ, BAC, LHX
Cut stakes in: CNP, MPC, VST, VMC, DE, PVH, LMT, HON, DIS, EXC
ARROWGRASS
Top new buys: DUK
Top exits: UBER, SPCE, PAE, GMHI, VVNT, VXX, VRT, Z, RPLA, ACTT
Boosted stakes in: HAL, PFE, GM, ATVI, COST, LRCX, GIS
Cut stakes in: ABBV, SLB, AAL, WYNN, LLY, CAH, BX, T, PYPL, JNJ
BALYASNY ASSET MANAGEMENT
Top new buys: XOM, JCI, AAP, ESS, ETN, ZEN, TIF, VRSK, UBER, ADBE
Top exits: XLI, XLU, C, GOOGL, XLB, MSFT, RTN, ZION, V, ALLE
Boosted stakes in: AIG, PNC, BAC, AMZN, BA, AXP, GS, LHX, DE, UNP
Cut stakes in: NSC, QSR, USB, PM, COP, MTB, EA, HAS, JBHT, MET
BAUPOST GROUP
Top new buys: HPQ, ERI, MDRIQ
Top exits: TAK, AR, GOSS, PRTK
Boosted stakes in: LBTYK, EBAY, MCK
Cut stakes in: BMY, QRVO, NUAN, SYF, PCG, CARS, AKBA
BRIDGEWATER ASSOCIATES LP
Top new buys: JPM, BAC, WFC, C, USB, TSLA, GS, MS, PNC, VFC
Top exits: BIIB, XEC, WBA, ALXN, DVA, FL, ABC, KSS, ANTM, SWN
Boosted stakes in: EWT, INDA, MCHI, EWW, FXI, LEN, LOW, DAL, GPC, APTV
Cut stakes in: IEMG, VWO, EEM, ADS, LB, M, RL, JWN, IVZ, XLNX
https://www.zerohedge.com/markets/what-hedge-funds-bought-and-sold-q4-complete-13f-summary
#8166115 at 2020-02-17 21:39:03 (UTC+1)
Q Research General #10454: Lynch and Comey Are Not Forgotten Edition
#10452
>>8164705 All Ukrainian prosecutors on MH17 investigation dismissed
>>8164650 FBI Raids James Biden-Tied Firm
>>8164653 Navyfag thoughts on Mayor Pete's military record
>>8164711 Barr taps network of prosecutors to review Russia-Ukraine cases
>>8164754 NYPD officer commits suicide
>>8164782 Obama Personally Asked the FBI to Investigate Someone on Behalf of George Soros, Says Alan Dershowitz
>>8164789 Government agencies are hiring today
>>8164837 CDC Begins Testing Americans for the Coronavirus-But How?
>>8164861 British music producer and DJ Andrew Weatherall dies at 56
>>8164852 Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
>>8164870 US released 375,000 illegal immigrants who entered with family members
>>8164882 300 American cruise ship passengers, including 14 with coronavirus, quarantined at military bases in California and Texas
>>8164890 Dem Senator Who Mocked Trump After Killing Of Soleimani Holds Secret Meeting With Iranian Official
>>8164909 Daniel Lee Martin, Country Singer Accused of Child Sex Abuse, Dies at 54
>>8164927 Airstrikes destroy IRGC Quds Force HQ, warehouse at Damascus airport (fake images?)
>>8164930 Costa Rican police find six tonnes of cocaine in biggest ever haul
>>8164938 Several bald eagles poisoned by toxic carcass on Vancouver Island
>>8164953 Jerusalem chief rabbi locked out of his office in internal quarrel
>>8164966 China's coronavirus disrupts global container shipping trade
>>8165044 Chinese shipping Evergreen connection
>>8164968 Idlib Militants Use Turkish Uniforms In Attempt To Terrify Syrian Troops (Video)
>>8164970 A list of recent deaths
>>8164961 MSM trying to get ahead of the tarmac story
>>8165021 Israel blocks visitors from Singapore, Thailand, Hong Kong, and Macau amid coronavirus fears
>>8165045 Senate Judiciary Chairman Lindsey Graham Requests Interviews With Crossfire Hurricane Officials
>>8165061 Fox News overview of ongoing Justice Department investigations
>>8165204 WikiLeaks twitter account has been locked
>>8165251 Marvel's first gay male kiss in "The Eternals"
>>8165156 Adam Schiff connection to Tuscon sex offender?
>>8165291, >>8165311 Rod Rosenstein's sister a CDC director overseeing coronavirus monitoring?
>>8165344 #10452
Previously Collected Notables
>>8163777 #10450, >>8164507 #10451
>>8160752 #10446, >>8161527 #10447, >>8162292 #10448, >>8163070 #10449
>>8157674 #10442, >>8158455 #10443, >>8159187 #10444, >>8159943 #10445
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8165447 at 2020-02-17 20:16:05 (UTC+1)
Q Research General #10453: Bill Clinton Tarmac Edition
>>8164852 (lb)
>Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
Reserve bank of Zimbabwe is on Q list of Rothschild Owned & Controlled banks
#8165380 at 2020-02-17 20:08:42 (UTC+1)
Q Research General #10453: Bill Clinton Tarmac Edition
Global Announcements
>>8099282 Iwo Jima flag on YouTube for TOR posting
>>8139388 , >>8139368, >>8138996, >>8129996 CM - Thinks he's fixed the issue
Anons, plz no jpegs, tx
Notables
are not endorsements
#10452
>>8164705 All Ukrainian prosecutors on MH17 investigation dismissed
>>8164650 FBI Raids James Biden-Tied Firm
>>8164653 Navyfag thoughts on Mayor Pete's military record
>>8164711 Barr taps network of prosecutors to review Russia-Ukraine cases
>>8164754 NYPD officer commits suicide
>>8164782 Obama Personally Asked the FBI to Investigate Someone on Behalf of George Soros, Says Alan Dershowitz
>>8164789 Government agencies are hiring today
>>8164837 CDC Begins Testing Americans for the Coronavirus-But How?
>>8164861 British music producer and DJ Andrew Weatherall dies at 56
>>8164852 Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
>>8164870 US released 375,000 illegal immigrants who entered with family members
>>8164882 300 American cruise ship passengers, including 14 with coronavirus, quarantined at military bases in California and Texas
>>8164890 Dem Senator Who Mocked Trump After Killing Of Soleimani Holds Secret Meeting With Iranian Official
>>8164909 Daniel Lee Martin, Country Singer Accused of Child Sex Abuse, Dies at 54
>>8164927 Airstrikes destroy IRGC Quds Force HQ, warehouse at Damascus airport (fake images?)
>>8164930 Costa Rican police find six tonnes of cocaine in biggest ever haul
>>8164938 Several bald eagles poisoned by toxic carcass on Vancouver Island
>>8164953 Jerusalem chief rabbi locked out of his office in internal quarrel
>>8164966 China's coronavirus disrupts global container shipping trade
>>8165044 Chinese shipping Evergreen connection
>>8164968 Idlib Militants Use Turkish Uniforms In Attempt To Terrify Syrian Troops (Video)
>>8164970 A list of recent deaths
>>8164961 MSM trying to get ahead of the tarmac story
>>8165021 Israel blocks visitors from Singapore, Thailand, Hong Kong, and Macau amid coronavirus fears
>>8165045 Senate Judiciary Chairman Lindsey Graham Requests Interviews With Crossfire Hurricane Officials
>>8165061 Fox News overview of ongoing Justice Department investigations
>>8165204 WikiLeaks twitter account has been locked
>>8165251 Marvel's first gay male kiss in "The Eternals"
>>8165156 Adam Schiff connection to Tuscon sex offender?
>>8165291 >>8165311 Rod Rosenstein's sister a CDC director overseeing coronavirus monitoring?
>>8165344 #10452
Previously Collected Notables
>>8163070 #10449, >>8163777 #10450, >>8164507 #10451
>>8160752 #10446, >>8161527 #10447, >>8162292 #10448,
>>8157674 #10442, >>8158455 #10443, >>8159187 #10444,>>8159943 #10445
>>8154405 #10438, >>8157772 #10439, >>8156082 #10440, >>8157205 #10441
>>8151325 #10434, >>8152145 #10435 >>8152939 #10436, >>8153726 #10437,
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://8kun.top
#8165344 at 2020-02-17 20:03:49 (UTC+1)
Q Research General #10452: It's going to be a very hot [Spring/Summer] Edition
#10452
>>8164705 All Ukrainian prosecutors on MH17 investigation dismissed
>>8164650 FBI Raids James Biden-Tied Firm
>>8164653 Navyfag thoughts on Mayor Pete's military record
>>8164711 Barr taps network of prosecutors to review Russia-Ukraine cases
>>8164754 NYPD officer commits suicide
>>8164782 Obama Personally Asked the FBI to Investigate Someone on Behalf of George Soros, Says Alan Dershowitz
>>8164789 Government agencies are hiring today
>>8164837 CDC Begins Testing Americans for the Coronavirus-But How?
>>8164861 British music producer and DJ Andrew Weatherall dies at 56
>>8164852 Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
>>8164870 US released 375,000 illegal immigrants who entered with family members
>>8164882 300 American cruise ship passengers, including 14 with coronavirus, quarantined at military bases in California and Texas
>>8164890 Dem Senator Who Mocked Trump After Killing Of Soleimani Holds Secret Meeting With Iranian Official
>>8164909 Daniel Lee Martin, Country Singer Accused of Child Sex Abuse, Dies at 54
>>8164927 Airstrikes destroy IRGC Quds Force HQ, warehouse at Damascus airport (fake images?)
>>8164930 Costa Rican police find six tonnes of cocaine in biggest ever haul
>>8164938 Several bald eagles poisoned by toxic carcass on Vancouver Island
>>8164953 Jerusalem chief rabbi locked out of his office in internal quarrel
>>8164966 China's coronavirus disrupts global container shipping trade
>>8165044 Chinese shipping Evergreen connection
>>8164968 Idlib Militants Use Turkish Uniforms In Attempt To Terrify Syrian Troops (Video)
>>8164970 A list of recent deaths
>>8164961 MSM trying to get ahead of the tarmac story
>>8165021 Israel blocks visitors from Singapore, Thailand, Hong Kong, and Macau amid coronavirus fears
>>8165045 Senate Judiciary Chairman Lindsey Graham Requests Interviews With Crossfire Hurricane Officials
>>8165061 Fox News overview of ongoing Justice Department investigations
>>8165204 WikiLeaks twitter account has been locked
>>8165251 Marvel's first gay male kiss in "The Eternals"
>>8165156 Adam Schiff connection to Tuscon sex offender?
>>8165291 >>8165311 Rod Rosenstein's sister a CDC director overseeing coronavirus monitoring?
#8165268 at 2020-02-17 19:55:26 (UTC+1)
Q Research General #10452: It's going to be a very hot [Spring/Summer] Edition
Notables
>>8164705 All Ukrainian prosecutors on MH17 investigation dismissed
>>8164650 FBI Raids James Biden-Tied Firm
>>8164653 Navyfag thoughts on Mayor Pete's military record
>>8164711 Barr taps network of prosecutors to review Russia-Ukraine cases
>>8164754 NYPD officer commits suicide
>>8164782 Obama Personally Asked the FBI to Investigate Someone on Behalf of George Soros, Says Alan Dershowitz
>>8164789 Government agencies are hiring today
>>8164837 CDC Begins Testing Americans for the Coronavirus-But How?
>>8164861 British music producer and DJ Andrew Weatherall dies at 56
>>8164852 Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
>>8164870 US released 375,000 illegal immigrants who entered with family members
>>8164882 300 American cruise ship passengers, including 14 with coronavirus, quarantined at military bases in California and Texas
>>8164890 Dem Senator Who Mocked Trump After Killing Of Soleimani Holds Secret Meeting With Iranian Official
>>8164909 Daniel Lee Martin, Country Singer Accused of Child Sex Abuse, Dies at 54
>>8164927 Airstrikes destroy IRGC Quds Force HQ, warehouse at Damascus airport (fake images?)
>>8164930 Costa Rican police find six tonnes of cocaine in biggest ever haul
>>8164938 Several bald eagles poisoned by toxic carcass on Vancouver Island
>>8164953 Jerusalem chief rabbi locked out of his office in internal quarrel
>>8164966 China's coronavirus disrupts global container shipping trade
>>8165044 Chinese shipping Evergreen connection
>>8164968 Idlib Militants Use Turkish Uniforms In Attempt To Terrify Syrian Troops (Video)
>>8164970 A list of recent deaths
>>8164961 MSM trying to get ahead of the tarmac story
>>8165021 Israel blocks visitors from Singapore, Thailand, Hong Kong, and Macau amid coronavirus fears
>>8165045 Senate Judiciary Chairman Lindsey Graham Requests Interviews With Crossfire Hurricane Officials
>>8165061 Fox News overview of ongoing Justice Department investigations
>>8165204 WikiLeaks twitter account has been locked
#8165093 at 2020-02-17 19:34:15 (UTC+1)
Q Research General #10452: It's going to be a very hot [Spring/Summer] Edition
Notables
>>8164705 All Ukrainian prosecutors on MH17 investigation dismissed
>>8164650 FBI Raids James Biden-Tied Firm
>>8164653 Navyfag thoughts on Mayor Pete's military record
>>8164711 Barr taps network of prosecutors to review Russia-Ukraine cases
>>8164754 NYPD officer commits suicide
>>8164782 Obama Personally Asked the FBI to Investigate Someone on Behalf of George Soros, Says Alan Dershowitz
>>8164789 Government agencies are hiring today
>>8164837 CDC Begins Testing Americans for the Coronavirus-But How?
>>8164861 British music producer and DJ Andrew Weatherall dies at 56
>>8164852 Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
>>8164870 US released 375,000 illegal immigrants who entered with family members
>>8164882 300 American cruise ship passengers, including 14 with coronavirus, quarantined at military bases in California and Texas
>>8164890 Dem Senator Who Mocked Trump After Killing Of Soleimani Holds Secret Meeting With Iranian Official
>>8164909 Daniel Lee Martin, Country Singer Accused of Child Sex Abuse, Dies at 54
>>8164927 Airstrikes destroy IRGC Quds Force HQ, warehouse at Damascus airport (fake images?)
>>8164930 Costa Rican police find six tonnes of cocaine in biggest ever haul
>>8164938 Several bald eagles poisoned by toxic carcass on Vancouver Island
>>8164953 Jerusalem chief rabbi locked out of his office in internal quarrel
>>8164966 China's coronavirus disrupts global container shipping trade
>>8165044 Chinese shipping Evergreen connection
>>8164968 Idlib Militants Use Turkish Uniforms In Attempt To Terrify Syrian Troops (Video)
>>8164970 A list of recent deaths
>>8164961 MSM trying to get ahead of the tarmac story
>>8165021 Israel blocks visitors from Singapore, Thailand, Hong Kong, and Macau amid coronavirus fears
>>8165045 Senate Judiciary Chairman Lindsey Graham Requests Interviews With Crossfire Hurricane Officials
>>8165061 Fox News overview of ongoing Justice Department investigations
#8164917 at 2020-02-17 19:09:35 (UTC+1)
Q Research General #10452: It's going to be a very hot [Spring/Summer] Edition
Call for Notables
>>8164705 All Ukrainian prosecutors on MH17 investigation dismissed
>>8164650 FBI Raids James Biden-Tied Firm
>>8164653 Navyfag thoughts on Mayor Pete's military record
>>8164711 Barr taps network of prosecutors to review Russia-Ukraine cases
>>8164754 NYPD officer commits suicide
>>8164782 Obama Personally Asked the FBI to Investigate Someone on Behalf of George Soros, Says Alan Dershowitz
>>8164789 Government agencies are hiring today
>>8164837 CDC Begins Testing Americans for the Coronavirus-But How?
>>8164861 British music producer and DJ Andrew Weatherall dies at 56
>>8164852 Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
>>8164870 US released 375,000 illegal immigrants who entered with family members
>>8164882 300 American cruise ship passengers, including 14 with coronavirus, quarantined at military bases in California and Texas
>>8164890 Dem Senator Who Mocked Trump After Killing Of Soleimani Holds Secret Meeting With Iranian Official
>>8164909 Daniel Lee Martin, Country Singer Accused of Child Sex Abuse, Dies at 54
#8164869 at 2020-02-17 19:03:40 (UTC+1)
Q Research General #10452: It's going to be a very hot [Spring/Summer] Edition
>>8164852 Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
notable
#8164852 at 2020-02-17 19:01:21 (UTC+1)
Q Research General #10452: It's going to be a very hot [Spring/Summer] Edition
'''Zimbabwe central bank to Settle $1.2 Billion of Legacy Debt
The Reserve bank of Zimbabwe approved the payment of $1.2 billion in legacy debt, but rejected claims for a further $861 million as the nation battles the twin effects of currency depreciation and a crippling shortage of foreign currency. Settlement of the verified foreign debt will be amortized over an extended period, "with forex-denominated savings bonds" being issued to some of the creditors, the central bank said in its monetary policy statement Monday. The southern African nation owes foreign entities, including airlines, and fuel and grain suppliers, about $2.6 billion in legacy debt since it dropped the 1:1 peg of its local dollar to the U.S. unit a year ago, but hasn't been able to meet payment obligations due to the severe shortage of foreign currency. Another 350 transactions valued at $457 million will be finalized by Feb. 29, the bank said. Senior government officials have previously said they would ask creditors to take a cut on some of the debt, to save on the much-needed foreign currency.
Foreign debt of $361 million owed by the bank was not included in the amounts, Governor John Mangudya said.
https://www.bloomberg.com//news/articles/2020-02-17/zimbabwe-central-bank-to-settle-1-2-billion-of-legacy-debt
#8164381 at 2020-02-17 18:06:50 (UTC+1)
Q Research General #10451: POTUS Getz Hard Earned Day of Rest Edition
>>8164321
Money supply being swapped out? No more central bank?
The Corona Virus sure does look a lot like a Gov purge folks.
#8163953 at 2020-02-17 17:20:19 (UTC+1)
Q Research General #10451: POTUS Getz Hard Earned Day of Rest Edition
"China's central bank in Guangzhou announced it will destroy cash collected by hospitals, buses, and markets in coronavirus-afflicted areas to curb the outbreak's contagion, financial news outlet Caixin reported Saturday.
The People's bank of China ordered all paper currency with high exposure to the outbreak withdraw cash for either destruction or disinfection, according to Caixin. Commercial banks were told to place banknotes from infected areas aside, clean them, and hand them to the central bank."
markets.businessinsider.com/news/stocks/china-peoples-bank-destroy-cash-coronavirus-affected-regions-outbreak-contagion-2020-2-1028908771
#8161409 at 2020-02-17 06:52:12 (UTC+1)
Q Research General #10447: A Day At the Race Edition
>>8160804
>>8161260
>>8161147
>>8161190
>>8160869
>>8161215
How can we have a free country if we have a privately owned central bank that can print infinite money for whomever it pleases IN SECRET & we have a secret army that can commit any crime it pleases WITH IMPUNITY?
Think about the implications of that… The power to print all the money you want and wage any war you want and commit any crime you want, IN SECRET.
The power to rule the world…
Who controls the FED/CIA?
Who really controls us?
#EndTheFed
#EndTheCIA
#8161388 at 2020-02-17 06:44:39 (UTC+1)
Q Research General #10447: A Day At the Race Edition
BOJ's Kuroda flags more easing if virus impact worsens: Sankei
TOKYO (Reuters) - bank of Japan Governor Haruhiko Kuroda said the central bank would consider additional rapid easing if the coronavirus outbreak significantly threatened Japan's economy and price trends, the Sankei newspaper reported on Monday. "We would need to consider monetary policy steps if (the virus outbreak) significantly affects Japan's economy," Kuroda was quoted as saying in an interview with the daily.
Kuroda called the coronavirus outbreak the "biggest uncertainty" for the domestic economy and flagged "additional easing steps without hesitation" if the economic risks from the virus heightened, Sankei said.
The virus has killed more than 1,700 people in China, and it has already taken a toll on China's economy - Japan's largest trading partner - hampering supply chains for car manufacturers to smartphone makers and causing the number of Chinese shoppers visiting Japan to plunge.
Japan's economy - the world's third-largest - shrank at the fastest pace in six years (see article below) in the December quarter as domestic demand took a hit from the sales tax hike, underscoring the fragile nature of an economy teetering on the brink of a recession.
Kuroda played down the possibility that global and Japanese economic growth in 2020 would significantly lag last year's and echoed views that China's domestic output would bottom out this quarter and recover from April. However, he said much depended on when the outbreak would peak, adding that it took six months for the SARS outbreak in 2002-2003 to be resolved.
Many market players expect the BOJ to stand pat on monetary policy for the foreseeable future, barring big economic shocks and a spike in the yen sharp enough to derail a fragile economy.
https://www.reuters.com/article/us-japan-economy-boj/bojs-kuroda-flags-more-easing-if-virus-impact-worsens-sankei-idUSKBN20B0DH
but it has nothing to do with this below and everything to do with something that started in December-muh corona. I give them a month tops before the taps are turned back on.
Japan's economy shrinks at fastest rate since 2014
https://www.bbc.com/news/business-51499774
#8161098 at 2020-02-17 05:40:39 (UTC+1)
Q Research General #10447: A Day At the Race Edition
>>8160880
The Federal Reserve system as a central bank is actually a very good system. There really is not much wrong with it except one thing.
Where do the profits of the nation's efforts flow to?
Fix that by having those profits flow into Federal coffers and you have a reasonable system. Install better governance that cannot profit from the system, and proper open oversight, and you have something America could be proud of.
Of course, if all that profit is flowing into Federal coffers there is no need for Income Tax at all. And the rest of the money can go to building infrastructure, cross-continental passenger train systems. The USA could plant 1 trillion trees. At 1000 million trees, planted at a rate of 50 million per year, that would take 20 years. And although 50 million per year is ambitious, by getting private landowners to join in by giving permission for tree planting, there is enough territory in the USA that it could be done.
#8160995 at 2020-02-17 05:25:43 (UTC+1)
Q Research General #10447: A Day At the Race Edition
PBOC Cuts Interest Rate for One Year Loans to Support banks-makes a cash injection
central bank withdrew a net 700 billion yuan from market. Economists forecast loan prime rate to drop on Feb. 20. China's central bank provided medium-term funding to commercial lenders and cut the interest rate it charges for the money, a move widely anticipated by analysts to cushion the economy from the virus epidemic.
The People's bank of China offered 200 billion yuan ($29 billion) of one-year medium-term loans on Monday. The rate was lowered by 10 basis points to 3.15%, the lowest since 2017. The central bank also added 100 billion yuan of funds via 7-day reverse repurchase agreements, resulting in a net 700 billion yuan withdrawal of money from markets as some 1 trillion yuan of reverse repos matured on Monday.
The rate reduction is "in line with expectations, while the injection amount is relatively small as interbank funding is sufficient after the new year," said Zhou Guannan, an analyst at Huachuang Securities Co. in Beijing. Zhou expects additional MLF funding to be supplied in March. Since the outbreak of the coronavirus worsened in late January, China's central bank and government have announced small rate cuts, early bond sales, and various other targeted measures to calm financial markets and support companies. So far, there's not been a massive increase in stimulus, although that may change if and when the coronavirus is brought under control.
Monday's rate cut is likely to be matched by a similar reduction in the loan prime rate, which is the basis for pricing corporate and household loans. A Bloomberg survey showed economists expect the rate for 1-year loans to fall by 10 basis points when it's announced on Feb. 20. Futures on China's 10-year government bonds reversed gains after the operation, falling as much as 0.14%. The yield on sovereign notes due in a decade rose 1 basis point to 2.87%, the highest level this month. China's CSI 300 Index recouped all of its losses since trading resumed after the Lunar New Year break.
https://www.bloomberg.com//news/articles/2020-02-17/china-makes-cash-injection-to-counter-maturity-virus-fears
#8160804 at 2020-02-17 04:52:43 (UTC+1)
Q Research General #10447: A Day At the Race Edition
>>8160228 (lb)
There's a possible way to do it without abolishing central banking altogether: Nationalize it. Give the power of central banking to the treasury.
Someone wise once said: It's absurd that the government can print a dollar bond but not a dollar bill. The same principle that makes the bond good makes the bill good as well.
The problem is money made out of debt. When every dollar in existence is accompanied by an obligation to pay that back to the central bank plus more, then poverty rules the land because there isn't enough money in the world to pay the debts owed. So we have to fight against our neighbors and push them deeper into debt to get out of debt ourselves, guaranteeing poverty for all.
If the treasury prints the money, money is created and spent, not created and loaned at interest. Yes, more money exists and its value will decrease if too much is printed, beyond the increase in goods and services. But that is normal. It's not usury.
If a society wants to finance infrastructure, bridges, roads, space exploration, science and so on, it can do that without taxing anybody when the economy grows, by printing and spending the right amount of new money to match the growth in the economy.
Without that power, it's necessary for a taxman to go and confiscate gold or bitcoin or whatever commodity money there is from the hard working laborer who earned it and hoped to feed his family with it.
#8155481 at 2020-02-16 18:02:04 (UTC+1)
Q Research General #10440: Day of Thunder pt 2 TOR Edition
Cryptocurrency Has To Succeed Or The central bankers Fail
A new Digitized Monetary System is here. Bitcoin was created to excite the masses to accept a digital future. The push for Cryptocurrency and central bank Digital Currency adoption will succeed because it has too. The transformation into a more convenient, faster, and user friendly method to exchange funds plays right into the central bankers hands.
https://www.investmentwatchblog.com/cryptocurrency-has-to-succeed-or-the-central-bankers-fail/
#8154348 at 2020-02-16 15:26:50 (UTC+1)
Q Research General #10438: Q+ Pedal To The Metal Edition
The Multi-Billion-Dollar Mystery Of The Great British Gold Sale
A chart that has all sorts of consequences, including misleading ministers, distorting our view on the nature of the UK economy and creating a genuine mystery about what's going on in the bowels of the UK economy.
Here's the chart in question: exports of gold from the UK…For the vast majority of history they were near zero (average monthly level apt £126m). Then, suddenly, in the last two months of last year, gold exports were catapulted higher.
It's a staggering chart.
Just to put that spike into context, £12bn (what those two months of gold exports add up to) is the total annual output of a country like Jamaica. It is more than we typically export, over a two month period, to ANY single country, including US or Germany (our biggest trading partners).
It has serious consequences. Since comparable records began in 1998, there hasn't been a single month where the UK was a net goods exporter. We've always had a deficit. In December, thanks to the £12bn gold exports, Britain recorded its first monthly trade surplus on record…The Office for National Statistics (ONS) has started trying to strip gold out of the figures. Indeed the gold chart above is a new series they've just published.
However ONS are bound by international regulations to include gold in the headline numbers. That massively distorts them. After all, the UK is the world hub for gold trading. Any movement/change of ownership of gold bars counts as imports/exports even though it's hardly what anyone would consider an "export."
You might've thought all of that would mean our politicians would think twice before boasting about those dodgy headline trade figures. Not a bit of it. This week, Liz Truss, MP for South West Norfolk, and UK Trade Secretary, tweeted this about them:
📢Record breaking year for UK exports.
New @ONS data out today shows that in 2019...
💼UK businesses exported £689.0 bn of goods and services
?This is a 5.0% increase on 2018
📈Exports of goods to non-EU countries grew by 13.6%https://t.co/YRerqQGXw7
- Liz Truss (@trussliz) February 11, 2020
Every bullet point in her tweet is wrong if you strip out gold exports:
UK biz exported £674bn of goods & services (not £689)
A 2.9% increase on 2018 (lowest since 2016; not 5.0%)
We don't know how much exports to non-EU countries rose; ONS hasn't worked them out ex-gold
It's not like exports are doing badly. They're at 30.4% of GDP once you strip out gold. That's one of the highest levels in decades, though it is down on last year. Perhaps that's why Liz Truss used the dodgy headline numbers which look far better because of that £12bn of gold exports. But none of that solves the real mystery here.
Why did gold exports spike so dramatically?
One thesis doing the rounds is that it has something to do with this story: Poland repatriating some of the gold that's been in the bank of England's vaults since WW2…But it's not that, because central bank gold movements (monetary gold) aren't included in these gold statistics. Anyway all that Polish gold still wouldn't account for all the gold that changed hands in Nov/Dec. It's equivalent to Barbados's GDP, not Jamaica's. As far as I can divine here's the answer.
A US bank with London gold vaults shifted some of that gold from being "unallocated" to being "allocated".
Effectively it moved it on its balance sheet.
The gold stayed in the same vault but technically it shifted from UK ownership to US.
In other words, a couple of clicks in a bank's spreadsheet caused the biggest fluctuation in Britain's trade figures in modern history. At least that's the most plausible explanation.
Though it raises further questions: Why? Is the bank in trouble? And who owns the gold anyway? And is it just a coincidence that all of this occurred as The Fed was forced to unleash unprecedented liquidity to support the repo market…
Short answer: we may never know. No other sector is as cloak-and-dagger as gold. What we do know is that crazy stuff is happening beneath Britain's national statistics and it's time we started paying attention to it.
https://www.zerohedge.com/commodities/multi-billion-dollar-mystery-great-british-gold-sale
also see Gordon Brown sales as UK Prime Minister
Gold: Gordon Brown's sale remains controversial 20 years on
https://www.bbc.com/news/business-48177767
#8149368 at 2020-02-16 00:01:01 (UTC+1)
Q Research General #10432: Fresh Toons Edition
>>8149108
The NZ Police are "Independant".
What does that mean?
It means they act on their own volition, free from Govt controls, sound good ,eh?
But if we the people vote for the Govt, does this not mean that the Police are independant of the people?
So, if the Police dont act for the Govt, and they dont act for the people who voted for the Govt, then who are they acting for?
The 3 things you get when you get a central bank, is an Tax department to collect the interest for the loans of our own money, a Court system to punish those who do not pay the taxes, and a Police department to enforce the collection of taxation.
The tax dept works for the Crown Corporation, that's were that taxes go, The Courts use Lawyers who swear allegiance to the Temple Bar Association, also part of the Crown Corporation, so would it come as any great surprise to learn that the Police act for the Crown as well?
Look what happen's when the people rise up, and demand change from the current system; the Police attack them.
The Police take their orders from the Crown/ Rothschilds bankers. There will be no disscent.
#8146090 at 2020-02-15 17:32:12 (UTC+1)
Q Research General #10428: Show Me Your Meme Face Edition
Senate Requests Interviews with Deep State Actors, Including Kieran Ramsey, Related to Deep State Actions in Italy!
In May we reported that rumors were swirling that the firings of top Italian spies were related to Obama and a plot to set up candidate and President Trump in a scandal involving Hillary's emails. Nellie Ohr documents provided additional support that this was the case. The Senate is now asking for testimonies from Deep State actors related to Italy.
We reported in late May 2019 that Italian Prime Minister Conte asked for the resignations of four top intelligence officials after his call with President Donald Trump.
We also reported that Neonrevolt had uncovered some shocking news related to the recent removal of these top Italian intelligence ministers from their positions as top spies in the government.
The story begins in January 2017 when Computer World wrote about alleged crimes committed by Italian Giulio Occhionero:
The Tuesday arrest of Giulio Occhionero and his sister, Francesca Maria, has brought to light what appears to be the biggest, and highest-profile, hacking of institutional and corporate accounts ever reported in Italy.
The siblings have been planting the Pyramid Eye remote access Trojan on computers using a spear-phishing technique over several years, according to the arrest order.
They attacked at least 18,000 high-profile targets, including former Prime Ministers Matteo Renzi and Mario Monti, President of European central bank Mario Draghi, as well as employees and heads of various ministries including Internal Affairs, Treasury, Finance and Education.
But Giulio Occhionero claimed that he and his sister, Francesca Maria, were set up. A piece reported by Frederico Punzi, writing in The Atlantico, notes their denials and more:
Occhionero complained to the Prosecutor of the Republic of Perugia and wrote to the U.S. Congress and the FBI. In fact, there are a number of contradictions and suspicious circumstances in the case.
Occhionero provided the letter that he claims he sent US Congress and the FBI:
https://www.thegatewaypundit.com/2020/02/__trashed-48/
1/2
#8131734 at 2020-02-14 06:25:21 (UTC+1)
Q Research General #10409: welcome to the clown FAM Edition
>>8131692
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)
The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#8125446 at 2020-02-13 18:26:40 (UTC+1)
Q Research General #10401: Another Buttplug from the rear Edition
>>8125159
POTUS Fed nominee Shelton hits bipartisan skepticism in Senate hearing
Federal Reserve board nominee Judy Shelton faced deep skepticism from Republicans and Democrats on the Senate banking Committee on Thursday, as lawmakers challenged her independence from President Donald Trump and characterized her thinking as too far outside the mainstream to trust with the nation's economy.
Over the course of the roughly two-hour hearing she found herself having to back away from prior views, explain that she would not pursue a common North American currency with Canada and Mexico if confirmed as a Fed governor, and even apologize for comparing a currency forger's challenge of the federal government's dominance over money to civil rights pioneer Rosa Parks' challenge of segregation laws.
"I apologize for the comparison. I truly do," Shelton said of an incident raised by Alabama Democratic Senator Doug Jones in which a North Carolina man issued millions of dollars of his own precious-metal backed currency. "I believe he was testing the idea" that money needed to be backed by gold and silver, Shelton explained.
"Is that something you want to test?" Jones shot back, summing up committee concerns about past Shelton writings seeming to support a return to something like a gold or other asset-backed standard to keep the value of the dollar stable.
"No, senator," said Shelton, a member of the Trump transition team and a long-time conservative author and commentator on financial issues.
It was one of a series of pointed exchanges between senators and Shelton, an economist with a long track record criticizing the Fed and questioning, at least in theory, whether central banks can even do the job assigned to them.
Three Republican senators were notably sharp in their questions, and two indicated afterwards she had not fully resolved their concerns - enough to sink her nomination on a committee divided between 13 Republicans and 12 Democrats. Four previous Trump appointees to the Fed failed to clear the Senate, a sign of the weight Congress has put on keeping the country's monetary policy as free as possible of political interference, given Trump's open verbal attacks on the Fed and demand for lower interest rates.
Asked about Trump's war-by-tweet against the Fed, Shelton responded "I don't censor what someone says."
But during the hearing Pennsylvania Republican Senator Patrick Toomey called her views about using the Fed to manage the value of the dollar against other currencies "a very very dangerous path to go down." Trump has often blamed the Fed for a rising dollar, which he argues has hurt exports. Shelton has often written about the need for a "sound" dollar.
A spokesman for Toomey said afterwards that the senator was undecided and that Shelton's answers "didn't alleviate" his concerns.
Alabama Senator Richard Shelby also "has not decided at this point, I know he still has some concerns," the senator's communications director, Blair Taylor, told Reuters.
Shelton, who holds a doctorate in business administration and has been sharply critical of the Federal Reserve in her writings and commentary, pledged broadly that she would be an independent thinker who would work well with existing Fed officials.
"I pledge to be independent in my decision-making, and frankly no one tells me what to do," Shelton said, deflecting questions about her past writings that, for example, characterized the Fed's setting of a short-term interest rate as similar to Soviet central planning.
"I don't claim to be in the mainstream of economists….I would bring my own perspective. But I think the intellectual diversity strengthens the discussion."
Senate Democrats said flatly that they do not trust her.
"Shelton has flip-flopped on too many issues to be confirmed," said Ohio Democratic Senator Sherrod Brown. "She is far outside the mainstream. She is outside the ideological spectrum." A second nominee, Christopher Waller, a career economist who is currently the research director of the St. Louis Federal Reserve, faced few questions about his views.
Both were nominated by Trump to fill vacant seats on the Fed's seven-member Washington-based Board of Governors.
Both Waller and Shelton released opening statements on Wednesday ahead of their hearings that offered few clues about their views on monetary policy beyond promising to promote policies that support financial stability and help the Fed meet its goals of full employment and price stability. The two emphasized the Fed's accountability to Congress, which oversees the central bank.
https://www.reuters.com/article/us-usa-fed-nominees/trump-fed-nominee-shelton-hits-bipartisan-skepticism-in-senate-hearing-idUSKBN20724B
of course they lay off the one already employed by the Fed bank St. Louis
#8116323 at 2020-02-12 21:09:06 (UTC+1)
Q Research General #10389: The Invisible Meme War Continues
>>8116308
2/2
The architect Johann Bernhard Fischer von Erlach designed Karlskirche or Saint Charles Church dedicated to Cardinal Charles Borromeo. ABN AMRO is primarily owned by the Dutch House of Orange-Nassau through proxy share holding companies and has a Zurich branch. The Nassau-Weilberg family of Luxembourg have part ownership over some banks in Luxembourg where banking is also private. Mid Eastern royal families also have proxy banks set up all over Switzerland and keep their hidden wealth of trillions from oil profits usually in private banks in Luxembourg before being siphoned through the BIS.
These banks are in contract with other larger Swiss banks including the bank for International Settlements which is located in Switzerland and it works as a central bank for dozens of central banks around the world and is siphoning off wealth and redistributing this wealth as payments to criminals and criminal government agencies disguised as loans. The BIS is involved in siphoning off wealth from nations through fraudulent tax contracts and also oversees and regulates international financial transactions which are used for making bribes disguised as investment loans. The BIS provides loans to governments used for financing oppression, militarized gang stalking, and criminal military operations. Charitable foundations are involved in making criminal payoffs as well. These pay offs go to regional or local managers of secret societies and criminal organizations which tend to be Freemasons, papal knights, royal knights, and crime bosses which all generally own private businesses.
They receive payoffs and bribes disguised as loans which they then distribute to their wage earners in secret societies and organized crime through cash or fake online donation accounts and these wage earners are involved in organized gang stalking, harassment, vandalism, making threats, spreading propaganda, cyber stalking, hacking, censorship, and even murder.
So if an investment firm gives a loan to a private company and that company never pays it back and the investment company does not go after them it was probably a bribe or criminal financing. This is similar to what the Nazis did in Germany. The German-Swiss Baden-Zahringen family were the founders of Berne, Switzerland and the Erlachs work for them. The German Hohenzollern family ruled Neuchatel, Switzerland and they established Deutsche bank which was in a Nazi contract with the BIS during WWII. The House of Hohenzollern have a portion of covert ownership of the BIS. The bank for International Settlements has foreign agents from various nations involved and especially agents from Italy which lead this international criminal banking movement with Mario Draghi, Fabia Panetta, and Ignazio Visco as Board Directors for the BIS and they are all connected to Rome.
Agustin Carstens is the General Manager of the BIS and a Mexican banker. The bank for International Settlements is designed as a tower and really operates as a loan tower managed by the Torlonia banking family of Rome. The Torlonia family are the treasurers of the Vatican and they have French ancestry. The House of Torlonia owns the Banca del Fucino in Rome. The word Tor in French means tower and lonia is similar to the word loan. The Torlonia name means Loan Tower which is what the BIS is. Prince Giulio Torlonia is President of the Banca del Fucino and a top overseer of the bank for International Settlements.
Both Switzerland and the Vatican City State used the square shaped flag and the Swiss flag is the same as the Italian royal family's coat of arms. The Torlonia family are intermarried with the royal family of Luxembourg and Prince Guillaume of Luxembourg worked for the IMF and former Minister of Finance in Luxembourg Luc Frieden was Chairman of the Board of Governors for the IMF and World bank Group. The BIS works with the IMF.
The International Monetary Fund and World bank Group are both headquartered in Washington DC and operate in the same way making criminal pay offs disguised as loans to corrupt bureaucrats and politicians managing nations and also loans to corporations for the purpose of globalization and enabling organized crime. The Group of 30 oversees the IMF and World bank Group. Mario Draghi is a member of the G30. Cornelius Brandi and his criminal tax counsel are enabling these crimes and he is a German relative of the Venetian Brandolini family of Venice. John-Maximilian Henry Fane de Salis the 10th Count de Salis-Soglio is a Swiss-Italian-Holy Roman noble. His father was a Knight of Malta whose wife was of Venetian nobility.
#8116308 at 2020-02-12 21:08:06 (UTC+1)
Q Research General #10389: The Invisible Meme War Continues
Just some international banking corruption digging:
p1/2
The royals and nobles in Europe have been concealing trillions in private bank accounts in Switzerland, Luxembourg, and Liechtenstein. They provide loans to the bank for International Settlements which then provide loans to banks. Through this fraudulent system using interest rates and fees they steal taxes from nations.
The Erlach family are an old Bernese Swiss nobility that ruled in Berne for centuries and were involved in politics and military. They take their name from the town of Erlach which produced a division of Swiss Guard and mercenaries that served German princes and the French monarch. Today their Erlacherhof mansion is the office for the mayor of Berne. The family still lives in Switzerland and is involved in banking and law. Rudolf von Erlach and Andreas von Erlach are international corporate lawyers. The company CMS von Erlach Poncet operates in Switzerland providing tax law services internationally and is headed up by Chairman Cornelius Brandi.
Cornelius Brandi is an expert with corrupt loopholes involving tax law and financial transactions and he is a ruthless psychopath with high authority over banking in Switzerland. Ernst Brandi and his son Albrecht Brandi were involved with the Nazis. Ernst Brandi was a top member of the Secret Meeting of February 20th which were German industrialists that organized the financing of the Nazi Party. The Nazis were involved in creating and running the bank for International Settlements in Basel, Switzerland (BIS).
banking in Switzerland is private and enables the concealment of wealth and more importantly making criminal pay offs which they conceal as loans. The BIS works as a middle man for smaller banks for international transactions as well as with central banks. The bank for International Settlements has major leverage over central banks. It is called the central bank for central banks. Criminals working at CMS von Erlach Poncet are the advisers for Swiss bankers and their clients.
Eric Sarasin is of Swiss nobility and involved in wealth management, banking, and tax advisement. Count Philippe de Felice-Grin-Ruttley is a Swiss noble with Italian titles and works as an international lawyer. He worked for Rome, United Kingdom, European Union, and currently works for Ince & Co. The Gutzwiller family are the top Swiss banking family and they own their Gutzwiller private bank headed up by Stephane Gutzwiller and Francois Gutzwiller. The Gutzwillers also manage about 35 other Swiss banks with Jurg Gutzwiller as CEO of Entris Holding. Some top criminal Swiss bankers include Baron Frederic Hottinger and Baron Rodolphe Hottinger as the primary owners of Hottinger & Cie Groupe Financiere and Financiere Rodolphe Hottinger. Peter Hottinger is the CEO of the global wealth management company called Pilotage.
Prince Lorenz of Belgium is a managing partner at Gutzwiller bank in Basel, Switzerland. Archduke Sigismund of Habsburg-Lorraine covertly manages Swiss accounts for some royals and has been covertly overseeing Landolt & Cie Banquiers. Arch Duke Rudolf von Habsburg-Lorraine runs Triple A Gestion in Switzerland with his brother. Prince Eric Sturdza of the Romanian Sturdza family owns the Swiss Banque Eric Sturdza. Baron Benjamin de Rothschild owns Edmond de Rothschild Group and handles finances of criminals in Israel. Prince Maximilian of Liechtenstein is an owner of Liechtenstein Global Trust which includes Swiss branches. Lorenzo Rocco di Torrepadula is from an Italian noble family and works at REYL private bank in Switzerland. Eric Sarasin sold his family's Swiss bank bank Sarasin & Company to the Safra family with Joseph Safra who is worth about 24 billion. Safra Group has about 70 billion in assets. The Sella family of Piedmont are a merchant banking family which established Banca Sella Group in Italy with offices in Switzerland and they are working as the Court Factors for the merchant-banking House of Borromeo.
#8115091 at 2020-02-12 19:09:01 (UTC+1)
Q Research General #10388: Think Depopulation Edition
So…just another reminder regarding the greatest act of treason in American history!
1913!
A demonrat House, demonrat Senate and demonrat president (not deserving of a capital p) committed outright treason, violated the American Constitution, allowing the setting up of a foreign pond-scum central bank and giving control over the American currency - a control given by the Founding Fathers to ONLY the elected government - to those same foreign scumbags and turning 100's of millions of Americans into debt slaves to globalist pigs who feel it is their right to control all the money in the world and if people in any country want to use their own currency…they can borrow off the scum at interest.
Americans must never forget the last 114 years of slavery of ALL Americans orchestrated and implemented by the treasonous demonrat party!
ALL AMERICANS must keep this uppermost in mind - demonrats have always been slave owners. demonrats owned ALL slaves, demonrats created the kkk, demonrats voted against ending slavery, demonrats voted against allowing their slaves to vote, the demonrats voted against giving female slaves the right to vote, or be equal.
Anyone in America, ABSOLUTELY ANYONE who thinks the demonrat slave-owners should be voted for is NOT American!
#WWG1WGA
#NOTONEDEMOCRAT2020!
#NOTONESOCIALIST2020!
#NOTONERINO2020!
#2.22ForCoreyFeldmanMovieTickets (MyTruthDot.com when it's up)
#3.09ForCoreyFeldmanMovieLiveStream
#ExecutionForPedophiles
#8113076 at 2020-02-12 16:08:02 (UTC+1)
Q Research General #10385: Sorry For The Agony You Are About To Endure Edition
>>8112725
If you were the one who posted the link yesterday, thank you. I noted the section on "free money" [not the socialist type 'free money'] - currency truly unencumbered by private central bank/usury.
That's why Germany really had to be destroyed. There was no way the cabal would allow other nations to realize they could be free from the economic slave system created for them.
#8102855 at 2020-02-11 18:08:45 (UTC+1)
Q Research General #10372: The Pics Ain't Loadin' Edition
RBNZ launches direct phone line and email for whistleblowers in banking
The Reserve bank of New Zealand is formalising its procedures with a phone line and dedicated email inbox for whistleblowers.
The move comes as the regulator beefs up its prudential function and as it continues with its review alongside the Financial Markets Authority on the conduct of banks and major insurers.
The work so far has found weak governance within financial institutions and regulators have been critical of the pace of change within them.
RBNZ general counsel Nick McBride said the bank typically heard from two to three whistleblowers each year, but since the conduct review began there have been more. In the past, emails had often come through the central bank's general enquiry system and so the RBNZ wanted to streamline this.
"It's been triggered by the conduct and culture review and we've been behind the times honestly, and want to remedy that," he said.
Phone calls and emails will be dealt with by the bank's compliance team. The central bank stressed it does not take complaints from customers but is looking for employees or former bank employees with information.
The move surprised the NZ bankers' Association, which has been working on its own industry-wide scheme to provide an independent alternative to the banks' current whistleblowing services.
A spokesman said its initiative was a response to the regulators' reviews but was still in progress.
McBride said its offering was "complementary" to what the banks provide and it was natural for a regulator to have something that employees would trust.
The RBNZ encouraged employees to look at their own internal policy first. If they did not feel that was appropriate, either because they thought their employer may cover up the issue, or had not resolved the matter despite the disclosure, they should get in touch with the regulator.
"The banks' internal whistleblower schemes are actually quite good and we have had some people take issues through to their head office and we've been impressed by the extent to which complaints have been taken seriously. There's no evidence to say they are not taken seriously but we should have something external," McBride added.
The lawyer said the move was part of a wider beefing up of the central bank's enforcement and investigations function.
Victoria University of Wellington professor of public administration Michael Macaulay said it was always good to have independent avenues but whether more whistleblowers would now come forward was unknown.
"In the vast majority of cases the reason why people don't blow the whistle isn't because they are scared of the consequences, it is because they don't even realise what they are in," the whistleblowing expert said.
The Commerce Commission already has a whistleblowing tool which allows users to submit information through an anonymous mailbox.
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12307704
Fuckery afoot?
#8100084 at 2020-02-11 09:37:36 (UTC+1)
Q Research General #10368: "Concord. I Love Concord." Edition
https://twitter.com/GlobalTimesBiz/status/1227163171414147078
Mastercard gets off to race in China! China's central bank on Tue granted approval to US-based Mastercard for setting up an online clearinghouse JV in China. The new JV is required to finish preparatory work within one year and file with the central bank to begin operations.
#8085796 at 2020-02-10 00:59:05 (UTC+1)
Q Research General #10350: Rigged For Red Carpet Edition
Corona Virus? The Chinese central bank Has a "Solution"
In response to the economic paralysis brought about by the coronavirus, the Chinese central bank has pumped $243 billion into financial markets. On Monday February 3 2020, China's equity market shed $393 billion of its value.
Most experts are of the view that in order to counter the damage that the coronavirus has inflicted, loose monetary policy is of utmost importance to stabilize the economy. In this way of thinking, it is believed that the massive monetary pumping will lift overall demand in the economy and this in turn is likely to move the economy out of the stagnation hole.
On this way of thinking consumer confidence, which has weakened as a result of the coronavirus could be lifted by massive monetary pumping.
Now, even if consumers were to become more confident about economic prospects, how is all this related to the damage that the virus continues to inflict? Would the increase in consumer confidence due to the monetary pumping cause individuals to go back to work?
Unless the causes of the virus are ascertained or unless some vaccine is produced to protect individuals against the virus, they are likely to continue to pursue a life of isolation. This means that most people are not going to risk their life and start using the newly pumped money to boost their spending.
It seems that whenever a crisis emerges, central banks are of the view that first of all they must push plenty of money to "cushion" the side effects of the crisis. The central bankers following the idea that if in doubt "grease" the problem with a lot of money.
It did not occur to all the advocates of the aggressive loose monetary policy that this is going to transform a given economic crisis into a much larger one.
Most advocates would respond that it is the central bank's duty to defend individuals against various bad side effects. The only way they can defend individuals is by not adding more damage.
If loose monetary policy could counter the bad side effects of the coronavirus then we should agree that money pumping is an effective remedy to eradicate side effects of viruses. In this sense, central bankers should be nominated for the Nobel Prize in medicine.
Most experts still don't get it that money is just the medium of exchange. It produces nothing and it can only provide the services of the medium of exchange. If we begin to consider money as something magical that can fix everything, including eradicating the economic side effects of the coronavirus, this opens the gate for nasty economic surprises.
https://mises.org/power-market/corona-virus-chinese-central-bank-has-solution
#8085607 at 2020-02-10 00:42:02 (UTC+1)
Q Research General #10349: Deep Pockets & DS Don't Like Our Memes Edition
>>8085520
>How do you get a national bank?
Having a PUBLIC central bank is different than a private one (Rothschild owned/controlled).
>Why would any other country accept your paper money as having any value if you were not tied to the Rothschild system?
No currency has to be within their system, period. America isn't Chad or French Guyana, we're the United fucking States of America. We have a huge economy and everyone wants to trade with us, they will accept our currency or wither and die.
You do realize the FED was created in 1913 right? Before that we had a public central bank. US currency issued by the US govt, monetary policy decided by the US government, not a cabal of Rothschild banker lackeys.
>you have your money tied to gold
Absolutely untrue, that is the result of programming.
Guess who wants to control countries by using the "gold standard" or backing by any commodity? Rothschilds.
How much gold has been mined in the world?
What is the quantity of mined gold in the world at present?
How much is left in the ground?
What happened to Spain?
#8085404 at 2020-02-10 00:23:40 (UTC+1)
Q Research General #10349: Deep Pockets & DS Don't Like Our Memes Edition
>>8085330
> IT means we are kicking the Rothschilds out of our banking system.
Unfortunately, no it doesn't.
> It means we are going to be free of their economic control.
No, unfortunately it doesn't.
Having a PUBLIC central bank would do that. "Gold standard" will not. There are major, major problems with "gold standard" or pegging the currency to any scarce resource. Remember what happened to Spain; gold didn't save them it ruined them when the market was flooded. True currency doesn't need to be pegged to any commodity, simply backed by the productive power of the people of that country. That and a public central bank are all a free country needs to be free of the Rothschilds vampire squid.
#8083195 at 2020-02-09 20:38:53 (UTC+1)
Q Research General #10346: This Could Be Your Title; Learn to Bake Edition
>>8083180
#136
2017-11-12 05:31:41 (UTC+1)
Cayman Islands: Cayman Islands Monetary Authority central African Republic: bank of central African States Chad: bank of central African States Chile: central bank of Chile China: The People's bank of china …..
#8079310 at 2020-02-09 01:54:16 (UTC+1)
Q Research General #10342: A New World Edition
>>8079295
>The Dutch bank "then disbursed the funds as euro banknotes in the Netherlands to an official from the central bank of Iran."The payment was broken down into two separate transactions that occurred on Jan. 22 and Feb. 5.
#8079295 at 2020-02-09 01:52:51 (UTC+1)
Q Research General #10342: A New World Edition
>>8079244
>https://freebeacon.com/national-security/obama-admin-laundered-u-s-cash-iran-via-n-y-fed-euro-banks/
As new details emerge, congressional critics such as Pompeo and Sen. Ted Cruz (R., Texas) are beginning to suspect the U.S. government laundered the money in order to provide Tehran with immediate access.
"Think about this timeline: the U.S. withdraws $400 million in cash from the Swiss National bank and then physically transports it to another city to hand-off to Iranian officials-three days before Iran releases four American hostages," Pompeo said. "But it gets worse: less than a week after this, the U.S. again sends hordes of cash to Iran. As we speak, Iran is still holding three more Americans hostage and I fear what precedent this administration has set."
The initial $400 million payment to Iran was initiated on Jan. 14, 2016, according to information sent by the Treasury Department to Pompeo.
"For the first settlement payment in January, Treasury assisted the Defense Finance and Accounting Services (DFAS) in crafting a wire instruction to transfer the $400 million in principal from the Iran FMS [Foreign Military Sales program] account on January 14, 2016," the document states.
"Treasury worked with DFAS and the Federal Reserve bank of New York (FRBNY), which was acting as Treasury's financial agent, so that the funds were converted from dollars to Swiss francs and credited to a FRBNY account at the Swiss National bank (SNB), which is the central bank of the Switzerland [sic]," it adds.
The U.S. hostages were released shortly after Iran received this initial cash payment.
The additional $1.3 billion cash payment was facilitated by the Dutch central bank, which helped the United States transfer the money to an account before it was converted into euros.
The Dutch bank "then disbursed the funds as euro banknotes in the Netherlands to an official from the central bank of Iran."
The payment was broken down into two separate transactions that occurred on Jan. 22 and Feb. 5.
Senior administration officials maintain that the transaction was completely legal and not paid out as part of a ransom to Iran. These officials have said that cash was the "most reliable" method to ensure Iran received immediate access to the funds, as its banking system is still under sanctions.
#8075510 at 2020-02-08 19:21:39 (UTC+1)
Q Research General #10337: 2+2=4 Edition
The proxy war being fought in the Ukraine was long denied by Russia. It was about gas lines, weapons (including nuclear) and keeping Ukraine out of NATO. Russia committed arms and troops and denied any were there. Russia even uses false flags against it's own forces to legitimize it's occupation in parts of Ukraine.
Obama secretly funded Ukrainian forces and provided arms. In the case of the United States, $1.8 Billion was laundered through Ukraine's central bank through Cyprus and Latvia. This was almost an open secret. Congress had authorized no such thing, making it illegal. However, the Obama administration, including Obama, Biden and John Kerry approved the transfer of the funds. Hawks and those compromised in Congress on both sides of the aisle turned a blind eye to an unauthorized proxy war with Russia.
This is typical of how the Obama Administration conducted itself. The result of shady deals with China, Iran, Russia, North Korea allowed individuals to launder large amounts of taxpayer dollars. Hunter Biden was the Obama Administration's "skin in the game" that if the money-laundered proxy war was exposed, the Obama Administration would be implicated. An even bigger game was played in China.
This worldwide network of bribes and extortion of government officials destroys nations from within. Who got a cut to bring down our government? Why was this a motive?
When Ukraine nationalized Privat bank it signaled Trump to release the funds to help Ukraine. Otherwise, he couldn't be certain that Ukrainian President Zelensky wasn't compromised. Privat bank was owned by a Ukrainian oligarch who also owned the media company that broadcast a show Zelensky starred in before his election. Nationalizing Privat bank also signaled the IMF to start loaning Ukraine money again ($5B), the same day Trump released military aid.
When Trump, on July 25, mentioned Crowdstrike in his call with the Ukrainian President, it was because Crowdstrike was funneling laundered money back to the Democrats during the Obama era.
Trump promised to drain the swamp. Trump has beaten back every attempt to stop him, even the impeachment hoax. Exposing just how treasonous elected officials, intelligence agencies, CEO's etc. have been to their respective nations will be the catalyst that crumbles the facades of legitimate governments worldwide.
Many have left the U.S. government as they were exposed. Others remain holding out hope that Trump will fail and they can avoid the consequences of treason. Patriots press forward to stop the otherwise certain demise of representative government.
The United States, since Trump was elected, has been building the military and economy to survive the storm. The swamp has been being drained. Foreign influences (Iran, China, etc) and traitors have been systematically been being dealt with to allow our Republic to survive.
Can the USA survive the chaos that will certainly bring down nations? Could the storm descend into a world war?
God wins.
#8074525 at 2020-02-08 18:05:28 (UTC+1)
Q Research General #10335: "Moment of Silence" Edition
>>8074499
Truly they should post some of Q's finest thoughts.
Like Iran, Russia and China needing a Jewish central bank like America has.
MSM is not doing a good enough job selling Rothschild talking points anymore.
#8070143 at 2020-02-08 05:05:45 (UTC+1)
Q Research General #10330: Central Casting Edition
>>8070031
Mini dig
For ol' times sake
Latvian bank
https://www.zerohedge.com/political/solomon-latvian-government-flagged-suspicious-hunter-biden-payments-2016
https://www.zerohedge.com/news/2018-03-16/us-forces-latvian-bank-liquidate-and-destabilizes-latvia-nato-ally-0
https://www.zerohedge.com/news/pictures-latvian-bank-run-mf-global-commingling-comes-town
https://www.zerohedge.com/news/rumor-swedbank-failure-results-second-latvian-bank-run-one-month
https://www.zerohedge.com/news/2018-02-19/latvia-bank-crisis-central-bank-chaos-ecb-blocks-payments-third-largest-bank
#8067584 at 2020-02-08 01:15:29 (UTC+1)
Q Research General #10326: The Friday Night Massacre Edition
>>8067511
Lets roll 93..
Q post 93… Interesting.. Esp in light of this article.
https:// www.eutimes.net/2016/10/hillary-clintons-sudden-move-of-1-8-billion-to-qatar-central-bank-stuns-financial-world/
#8067337 at 2020-02-08 00:51:55 (UTC+1)
Q Research General #10326: The Friday Night Massacre Edition
Notable from Bread 10321
Hillary Sudden Moves Qatar
>>8063360
>>8063360
Here's sauce.
https://www.eutimes.net/2016/10/hillary-clintons-sudden-move-of-1-8-billion-to-qatar-central-bank-stuns-financial-world/
#8066253 at 2020-02-07 23:21:56 (UTC+1)
Q Research General #10325: Russia Did Not Hack Edition
>>8066237
Q3836
3/6
Russian Deposit Agency, Annual Reports
https://www.asv.org.ru/en/dia/reports/
2012
https://www.asv.org.ru/agency/annual/2012/en/about/index.html
2013
https://www.asv.org.ru/agency/annual/2013/html/index.html
https://www.bloomberg.com/news/articles/2017-07-19/prosecutors-contest-russian-central-bank-clampdown-on-top-lender
#8065087 at 2020-02-07 21:42:01 (UTC+1)
Q Research General #10323: Patriot Weekend Ahead Edition
>>8064942
Kikes have bought up the planet with their fiat.
It's why this is taking so long. Trump had to appoint kikes in his cabinet to keep BiBi & Kushner comfy while Q team disentangles the gorillion webs of jew corruption that will eventually free the world from kike owned central bank usury. The best is yet to come means that Human Trafficking EO of Dec 17 will have repo'd all that wealth to pay off the Hational Debt & reimburse every American middle class taxpayer with a PGM backed new currency for the money they've all been cheated out of by kikery
#8063372 at 2020-02-07 19:13:43 (UTC+1)
Q Research General #10321: THE END Edition
>>8063311
Notable
An intriguing Ministry of Finance (MoF) report circulating in the Kremlin today says that elite Western bankers were "stunned/bewildered" a few hours ago after the bank For International Settlements (BIS) registered a $1.8 billion transfer from the Clinton Foundation (CF) to the Qatar central bank (QCB) through the "facilitation/abetment" of JP Morgan Chase & Company (JPM)-and for reasons yet to be firmly established.
https://www.eutimes.net/2016/10/hillary-clintons-sudden-move-of-1-8-billion-to-qatar-central-bank-stuns-financial-world/
#8063337 at 2020-02-07 19:10:57 (UTC+1)
Q Research General #10321: THE END Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)
The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#8063311 at 2020-02-07 19:08:47 (UTC+1)
Q Research General #10321: THE END Edition
https://www.eutimes.net/2016/10/hillary-clintons-sudden-move-of-1-8-billion-to-qatar-central-bank-stuns-financial-world/
#8062442 at 2020-02-07 17:48:03 (UTC+1)
Q Research General #10320: The Storm Status ~Q Edition
=-=old archived digs on Privat
#673175 at 2018-03-15 15:53:13 (UTC+1)
Q Research General #833: Almost an E-Bake Edition
>>673090
>Gennady Bogolyubov
A scandal over a multibillion-pound alleged fraud at Ukraine's biggest bank has embroiled the accountancy giant PwC.
Ukraine's central bank claims that some ?4.2bn was siphoned out of privat bank by two of Ukraine's most powerful offshore oligarchs, Gennady Bogolyubov, who now lives in London in a ?60m 10-bedroom home in Belgrave Square, and Swiss-based Igor Kolomoisky.
#8061602 at 2020-02-07 16:47:45 (UTC+1)
Q Research General #10319: [THEY] Tried to Destroy the USA Internally Edition
bank of Japan taps China hand to lead international division
Departure from Western focus comes at trying time for world's No. 2 economy.
TOKYO – When bank of Japan Gov. Haruhiko Kuroda was asked by a lawmaker this week about the economic impact of the coronavirus outbreak sweeping through China, his reply acknowledged the increased importance of the economic superpower across the East China Sea. Compared with the severe acute respiratory syndrome, or SARS, outbreak of 2002 and 2003, "China's economic presence has grown much larger, and we need to be conscious of the possibility that the impact will be greater," he said. China's share of global gross domestic product has swelled from 4% then to 16% now, and the BOJ's appointment last month of its top China expert to lead the International Department shows that the central bank is keenly aware of the shift in the economic balance.
Leadership of the department, which handles analysis of overseas economic conditions and cooperation with other central banks, had been dominated by officials with experience in Western financial centers such as New York and London. But the post of director general is now occupied by Tomoyuki Fukumoto, a former chief of the BOJ's representative office in Beijing. "It's an appointment that's representative of an era when Asia's influence has strengthened," a senior bank official said. "It seems like a sign of a focus on China at the top."
After joining the BOJ in 1989, Fukumoto studied in Hong Kong and served at the Japanese Embassy in China before taking over the bank's Beijing office in 2012 for a three-year stint. Fukumoto delivers economic speeches in fluent Chinese. He also produces fine-grained analysis – backed up by what another senior BOJ official called a "staggering" amount of Chinese connections from his time on the ground there – that Kuroda and other top BOJ officials pay heed to. Beijing's growing economic importance is hardly a new development. But other China experts from the BOJ who could have filled the role have moved on to new pastures.
https://asia.nikkei.com/Economy/bank-of-Japan-taps-China-hand-to-lead-international-division
#8060946 at 2020-02-07 15:15:32 (UTC+1)
Q Research General #10318: It's Time To Wake Up Edition
central bank of the year: bank of Ghana
The African central bank has carried out extensive reform of Ghana's banking sector
At the end of March 2017, Ghana's newly elected president, Nana Akufo-Addo, nominated Ernest Addison as governor of the bank of Ghana, after which Addison was rapidly confirmed by the country's council of state. With a PhD in economics from Canada's McGill University, Addison was previously the lead regional economist at the African Development bank. He had accumulated considerable experience, having also served as the director of research at the bank of Ghana from 2003 to 2011, after a year as the chief economist of the West African Monetary Institute. His appointment led to one of the most notable performances by any central bank over the last decade
https://www.centralbanking.com/awards/4690326/central-bank-of-the-year-bank-of-ghana
#8060919 at 2020-02-07 15:11:55 (UTC+1)
Q Research General #10318: It's Time To Wake Up Edition
Cuban president appoints new central bank governor
The Cuban government appointed the head of one of its main state-owned lenders as governor for the country's central bank on January 31,
The president of the communist dictatorship, Miguel Díaz-Canel Bermúdez, and Cuba's National Assembly first nominated Marta Sabina Wilson González as governor of the central bank of Cuba on December 21, 2019. She was also nominated for a seat on Cuba's Council of Ministers, the executive branch of the government. Last week
https://www.centralbanking.com/central-banks/governance/people/4703731/cuban-president-appoints-new-central-bank-governor
#8060893 at 2020-02-07 15:08:12 (UTC+1)
Q Research General #10318: It's Time To Wake Up Edition
Transparency: Reserve bank of New Zealand
Publication of new MPC handbook and minutes increases RBNZ's openness
The Reserve bank of New Zealand is known for punching well above its weight in the central banking world. Some 30 years ago, it was the first central bank to adopt an inflation targeting regime, starting a trend that was followed by institutions in many of the world's largest economies.
But the RBNZ was different from some of its peers, in that it did not have external members sitting on its rate-setting committee. That changed in April 2019, when three external members joined a newly formed monetary policy committee (MPC). This modification came as part of a series of wide-ranging reforms, including a move to a dual mandate and a wide range of structural changes, all pushed through by a newly elected coalition government
https://www.centralbanking.com/awards/4662301/transparency-reserve-bank-of-new-zealand
#8057700 at 2020-02-07 05:19:35 (UTC+1)
Q Research General #10314: THIS IS BIGGER THAN YOU CAN IMAGINE ~Q Edition
Think $1,800,000,000 Hussein WH > Ukraine [which bank?].
Think US AID > Ukraine
Think WW AID > Ukraine
>[which bank?]
The bank was Privatbank:
https://en.wikipedia.org/wiki/Privatbank
Owned by Ihor Valeriyovych Kolomoyskyi, or Igor Kolomoisky
https://en.wikipedia.org/wiki/Ihor_Kolomoyskyi
And say Ok I know this is a wild conspiracy I get that I know we're crazy to even mention it I mean yes we know for a fact that Hunter was doing business there we know that right nobody disputes that and let's not leave out John Kerry son John Kerry said and yes he was being investigated in fact there were 3 investigations and I think 2 of them were still going on and yes Joe insisted that the guy who was responsible for the investigations be fired in lieu of receiving $1800000000.00 in aid from the United States Ok that's crazy stuff but let's just focus on this despite the outrageousness of the of the allegation if it happened if you find out it did happen.
https://www.bullhorn.fm/theglennbeckprogram/posts/MSkiaP4-so-many-democrats-sending-their-kids-to-ukraine-guests-john-solomon-peter-schweizer-rudy-atallah-10-09-19
In the years since Ukraine's revolution ushered in a pro-Western government, the United States, the International Monetary Fund and other donors loosened the purse strings to offer Kiev foreign aid.
But at the same time, anticorruption groups have been raising questions over where those billions of dollars have gone, concerns that have been amplified after Ukraine's central bank chief resigned amid an investigation into a bailout of the country's largest bank, a lender once owned by a pro-government oligarch.
The government in December spent $5.6 billion on a recapitalization of Privatbank, which is owned by Ihor V. Kolomoisky - the pro-Kiev commander of a battle-hardened militia and the governor of a crucial region that is on the front line of the Russian conflict.
Among the moves she oversaw were deals offering Privatbank central bank refinancing to strengthen the lender's balance sheet. But at least $1.8 billion of that money quickly vanished into bad loans, according to the Anti-Corruption Action Center, an independent organization tracking fraud in Ukraine that is financed in part by United States government grants. By December, Privatbank faced a huge capital shortfall.
archive.md/AljDz
While two million dollars is chump change in comparison to size and history of Ukrainian corruption, such quick action by the (until now) very shy Ukrainian prosecutors has raised eyebrows in political circles around the world. This is in sharp contrast to 2014, when in one of the biggest heists of aid money anywhere-an estimated two billion dollars in IMF aid for Ukraine-speedily exited the country via Privatbank, owned by the politically-connected oligarch Ihor Kolomoisky.
https://observer.com/2016/05/the-u-s-is-missing-millions-in-ukraine/
Ukraine's post-coup regime is facing what looks like a falling-out among thieves as oligarch-warlord Igor Kolomoisky, who was given his own province to rule, brought his armed men to Kiev to fight for control of the state-owned energy company, further complicating the State Department's propaganda efforts, reports Robert Parry.
Jaresko will be in charge of dispensing the $17.5 billion that the International Monetary Fund is allocating to Ukraine, along with billions of dollars more expected from U.S. and European governments.
Kolomoisky also is believed to have purchased influence inside the U.S. government through his behind-the-scenes manipulation of Ukraine's largest private gas firm, Burisma Holdings. Last year, the shadowy Cyprus-based company appointed Vice President Joe Biden's son, Hunter Biden, to its board of directors. Burisma also lined up well-connected lobbyists, some with ties to Secretary of State John Kerry, including Kerry's former Senate chief of staff David Leiter, according to lobbying disclosures.
As Time magazine reported, "Leiter's involvement in the firm rounds out a power-packed team of politically-connected Americans that also includes a second new board member, Devon Archer, a Democratic bundler and former adviser to John Kerry's 2004 presidential campaign. Both Archer and Hunter Biden have worked as business partners with Kerry's son-in-law, Christopher Heinz, the founding partner of Rosemont Capital, a private-equity company."
According to investigative journalism in Ukraine, the ownership of Burisma has been traced to Privat bank, which is controlled by Kolomoisky.
https://consortiumnews.com/2015/03/24/ukraines-oligarchs-turn-on-each-other/
#8057074 at 2020-02-07 04:40:56 (UTC+1)
Q Research General #10313:Accountability is coming ~Q Nuke those Faggots~Anons Edition
>>8056943
Maybe the server in Benghazi was their central bank.
#8056886 at 2020-02-07 04:28:20 (UTC+1)
Q Research General #10313:Accountability is coming ~Q Nuke those Faggots~Anons Edition
>>8056704 (/pb) Q drop
>Think $1,800,000,000 Hussein WH > Ukraine [which bank?].
https://www.nytimes.com/2017/05/12/world/europe/ukraine-central-bank-valeria-gontareva.html
Privatbank
#8050816 at 2020-02-06 19:05:40 (UTC+1)
Qresearch General #10305: Celebrating Aquittal, Waiting for the Corn! Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish) The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#8049974 at 2020-02-06 17:58:43 (UTC+1)
Qresearch General #10304: POTUS Strikes Back Edition
A State Of Denial
Once again investors are made to believe that nothing matters. Only 2 trading days after Friday's sell off $NDX made new all time history highs. Only 3 days after Friday's sell-off $SPX made a new all time closing high. Only 4 days after Friday's sell off $DJIA, $SPX and $NDX make new all time human history highs in premarket. Fours day, four up gaps, all unfilled at the time of this writing. The market of the overnight gap ups.
Why? Because the economic impact of the coronavirus is over or contained? Of course not, it's far from any of that. Shutdowns persist, warnings of individual companies are mounting i.e. $TSLA, tumbling a day after the technical warning issued, global economic growth estimates are coming down and with them invariably take downs in earnings estimates.
What do markets do? Make new all time highs, back on the multiple expansion game from 2019 when no slowdown in earnings mattered as the liquidity injections from our central bank overlords overrode everything.
This week the PBOC injected liquidity, the Fed kept flushing repo liquidity into the system, and of course a continued buying of treasure bills.
And so markets continue on their path of never pricing in any bad news and continue to disconnect farther and farther from the underlying size of the global economy no matter the ongoing data:
German factory orders:
But there are no bubbles central bankers tell us. Don't insult our intelligence I say. Especially since they perfectly well know that policies and words are closely followed by markets and are market impacting:
Don't blame our negative interest rate policies for housing price increases or bank profitability issues.
And besides there is no housing bubble when ordinary people struggle keeping up with ever rising house prices:
We don't believe you.
And central banks in denial about the distortions they have created and continue to create is not a recipe for long term success.
Fact is they remain trapped and beholden to a market whose entire valuation scheme and price discovery mechanism remains entirely dependent on ongoing central bank intervention.
It's a historic absurdity we are witness to and an ultimate tragedy unfolding before our eyes.
central banks are in denial about the existence of the financial bubbles and distortions they themselves have created.
For to admit them would be to take responsibility and acknowledge that asset prices are sky high overvalued which in itself could lead to a risk off event as the admission of bubbles would lead to a loss in confidence, confidence which must always be maintained.
central banks are residing in glass tower la la land. There is no trust, no transparency, no accountability. Only denial.
And so we see a market running on nothing but optimism despite continued disappointment about the reality on the ground:
Overnight futures ramped on the news that China proactively cut tariffs. You think that's a sign of China thinking the economic impact of the virus is contained and happy days a here again?
I wonder:
https://northmantrader.com/2020/02/06/state-of-denial/
#8043803 at 2020-02-06 02:25:33 (UTC+1)
Q Research General #10296: The Deep Stank In The Stanktuary City Edition
>>8043337 LB
There may be 100s if not 1,000s of central bank Digital Currencies and private institution coins around the world, but don't they all need a common protocol and settlement platform (standard) to talk to each other like XRP?
#8043337 at 2020-02-06 01:53:03 (UTC+1)
Q Research General #10295: Enjoying The Show, Deep State? Edition
>>8043239
Fedcoin? The U.S. central bank is looking into it
The Federal Reserve is looking at a broad range of issues around digital payments and currencies, including policy, design and legal considerations around potentially issuing its own digital currency, Governor Lael Brainard said on Wednesday. Brainard's remarks suggest more openness to the possibility of a Fed-issued digital coin than in the past.
"By transforming payments, digitalization has the potential to deliver greater value and convenience at lower cost," Brainard said at a conference on payments at the Stanford Graduate School of Business. She did not touch on interest rates or the current economic outlook.
"But there are risks," Brainard said, in a partial reprisal of her own and other global central bankers' worries about the rise of private digital payment systems and currencies, including Facebook's Libra digital currency project.
"Some of the new players are outside the financial system's regulatory guardrails, and their new currencies could pose challenges in areas such as illicit finance, privacy, financial stability and monetary policy transmission," she said. central banks globally are debating how to manage digital finance technology and the distributed ledger systems used by bitcoin, which promises near-instantaneous payment at potentially low cost.
The Fed is developing its own round-the-clock real-time payments and settlement service and is currently reviewing 200 comment letters submitted late last year about the proposed service's design and scope, Brainard said.
But the Fed is also, she said, "conducting research and experimentation related to distributed ledger technologies and their potential use case for digital currencies, including the potential for a CBDC (central bank digital currency)."
Dozens of central banks globally are also doing such work, a recent international study showed, with China moving ahead on plans to issue a digital coin. Less than two years ago Brainard told a conference in San Francisco that there is "no compelling demonstrated need" for such a coin.
But that was before the scope of Facebook's digital currency ambitions were widely known. Fed officials, including Brainard, have raised concerns about consumer protections and data and privacy threats that could be posed by a currency that could come into use by the third of the world's population that have Facebook accounts.
At Wednesday's conference, Brainard said the Facebook Libra project "imparted urgency" to the conversation around digital currencies. "We are collaborating with other central banks as we advance our understanding of central bank digital currencies," she said. With more countries looking into issuing their own digital currencies, Brainard said, that adds to "a set of reasons to also be making sure that we are that frontier of both research and policy development."
In the United States, Brainard said, issues that need study include whether a digital currency would make the payments system safer or simpler, and whether it could pose financial stability risks, including the possibility of bank runs if money can be turned "with a single swipe" into the central bank's digital currency.
Other issues include privacy and fraud protection, and even whether the coin would be considered legal tender.
https://www.reuters.com/article/us-usa-fed-brainard/fedcoin-the-u-s-central-bank-is-looking-into-it-idUSKBN1ZZ2XF
#8043239 at 2020-02-06 01:45:08 (UTC+1)
Q Research General #10295: Enjoying The Show, Deep State? Edition
central bankers to forge ahead on digital currencies in April
Chiefs from Japan, Canada and Europe will meet and focus on cross-border transfers.
TOKYO – The heads of six central banks and the bank for International Settlements in mid-April will hold their first meeting on developing their own digital currencies, which can serve as alternatives to Facebook's Libra or the digital yuan.
The central banks of the U.K., Switzerland, Sweden, Canada and Japan as well as the European central bank formed a working group with the BIS in January for joint research on central bank digital currencies.
The central bankers aim to create standards that will govern how digital currencies are used to make international payments between the banks. Security measures will be another key topic. As this group researches digital currencies, "it's quite natural to consider how to make international transactions more convenient," Masazumi Wakatabe, deputy governor of the bank of Japan, said Wednesday, an area that is currently notorious for high fees.
China leads research on central bank digital currencies, which have the potential to reshape the financial system, and the People's bank of China plans its own digital yuan.
The BOJ currently has no plan to issue its own digital money.
Senior representatives of the banks, such as deputy governors and directors, along with working-level officials will prepare their findings before the leaders meet on the sidelines of an international conference in Washington. The group intends to issue an interim report in June and a final report in the autumn.
https://asia.nikkei.com/Spotlight/Cryptocurrencies/central-bankers-to-forge-ahead-on-digital-currencies-in-April
#8036726 at 2020-02-05 18:21:36 (UTC+1)
Q Research General #10287: Q'd for a BUCKLE UP! Edition
>>8036608
iran is only place left that doesn't have a central bank. see 7 wars in 5 years.
#8022145 at 2020-02-04 17:58:20 (UTC+1)
Q Research General #10268: Biblical?! Edition
Rabobank: "central banks Will Save Us Not Just From The Business Cycle And Climate Change, But From Global Pandemics"
Chinese stocks are up; the Chinese currency is up, slightly (though still weaker than 7); global stocks are up; and US Treasury yields are slightly higher.
Yet at the same time we have the first reported death of a 39-year old resident in Hong Kong, where medical workers are on strike over the refusal to totally close the border with China; China reporting 425 deaths and over 20,000 cases despite massive quarantine efforts; China's Global Times reporting that the virus can be transmitted via the digestive system and contact with surfaces such as doorknobs or mobile phone screens, computer keyboards, etc. (which is also the case with many other coronaviruses); Xi Jinping publicly stating the virus "directly affects" China's economic and social stability and has again cracked the whip against the bureaucracy to act better and faster; and the US Centre for Disease Control (CDC) stating it is planning as if this will become a global pandemic. The WHO remains relatively upbeat, however, stating the virus's progression will remain "minimal and slow" if it is fought at the source and countries cooperate - which does not include closing their borders, apparently.
Who aside, something doesn't seem to fit in that market reaction, perhaps? The missing link here is that the PBOC injected CNY400bn (USD57bn) in market liquidity this morning, the equivalent of one month's QE in the US in recent times past. (Ah, the good old days!) Lots more is to follow apparently. Naturally, this relieves some immediate liquidity pressures. It also allows the PBOC to scoop up all the assets that nobody else wants to hold right now via reverse repo - which the Fed knows a thing or two about. What I fail to see is how this is in any way positive for CNY. Only the USD can operate on such a profligate basis without risk of collapse due to its global role: who is stockpiling CNY right now?
Hypothetically, if this virus were to follow the dreadful path mapped out by the CDC, even just within China, would more central bank money really ease our pain? It's almost as if all of the believers in Adam Smith's free markets also have no idea what he wrote (following Plato and others) about the relative value of water and diamonds in different circumstances, an intellectual argument that ended up with Marxism via the labour theory of value - and here we come full circle back to China and the PBOC.
The underlying market hope is clear: central banks will save us, not just from the business cycle, and not just from climate change, but now from global pandemic too. The same people who can't generate 2% y/y CPI sustainably will ensure we all stay at 36.5 - 37.5 degrees centigrade body temperature range. As Bloomberg helpfully summarises today, "Coronavirus Won't Restrain Global Stocks For Long". This is because, as the detail and irony of the article become clear, "It's a bullish sign for global stocks that facts have taken a back seat in much of the market 'analysis' of how to react to the coronavirus." How true that is. Nonetheless, in such an uncertain dynamic, I would still wager that if one wants to be brave enough to dive in to these markets aggressively, one should also be brave enough to stand next to someone who has recently been in Asia coughing without wearing a mask: if you won't do the latter, are you really sure about the former?
https://www.zerohedge.com/markets/rabobank-message-clear-central-banks-will-save-us-not-just-business-cycle-and-climate
#8021892 at 2020-02-04 17:30:19 (UTC+1)
Q Research General #10267: Enact Iowa Immolation Procedures Edition
PBoC injects 1.2 trillion yuan as markets plunge
Chinese central bank eases to support economy as coronavirus spreads; Q1 GDP growth could drop to 4%
China's central bank conducted a series of easing measures on February 3, as stock markets plunged and growth was projected to drop to a record low in the first quarter due to the coronavirus outbreak.
The People's bank of China injected 1.2 trillion yuan ($174 billion) into the markets through reverse repo operations. Despite announcing the injection plan over the weekend, China's stock markets plunged about 8% today, on their first opening day after an extended closure.
https://www.fxweek.com/trading/4739471/pboc-injects-12-trillion-yuan-as-markets-plunge
Seems the FKing Rothschilds are going to cry they won't get 6% growth in China..KEk…Cutting Financial Strings
Dr Mathilde Lemoine, Group Chief Economist of Edmond de Rothschild has drawn up her new macroeconomic forecasts for 2020 and 2021:
In 2020, trade tensions between the U.S. and China are set to persist although a partial US - China trade agreement has been concluded
US growth could slow to 1.6% in 2020 and Chinese GDP increase by only 6%
The U-turn by central banks reflects the deterioration in nominal growth expectations
https://www.edmond-de-rothschild.com/site/International/en/news/market-outlook/v2/7642-macro-forecasts-2020-2021-china-asceticism-could-weigh-on-global-growth
#8021849 at 2020-02-04 17:25:45 (UTC+1)
Q Research General #10267: Enact Iowa Immolation Procedures Edition
Wall Street rallies as China measures ease virus fears
U.S. stocks surged on Tuesday and the S&P 500 and Nasdaq were on pace to unwind losses from last week as fears of a heavy economic impact from the coronavirus epidemic tapered off after China's central bank intervened for the second day. China injected 1.7 trillion yuan ($242.74 billion) via reverse repos on Monday and Tuesday, helping Chinese stocks reverse some losses and lifting the world equity index
The stimulus boosted investor sentiment even as several economists cut forecasts for 2020 global growth as the fast-spreading virus hampers business operations in the world's second largest economy.
The S&P 500 .SPX has so far recouped 2% loss from last week, which was its the steepest weekly drop in six months. The Nasdaq .IXIC was just shy of a record high.
Technology stocks .SPLRCT, which are typically sensitive to growth related concerns in China, led the charge with their 2.5% gain. The China-focused Philadelphia SE semiconductor index .SOX climbed 2.8%.
Alphabet Inc (GOOGL.O) dropped 3.3% after Google's advertising business and new data about YouTube and Google Cloud broadly disappointed.
At 11:29 a.m. ET the Dow Jones Industrial Average .DJI was up 484.06 points, or 1.70%, at 28,883.87, the S&P 500 .SPX was up 53.26 points, or 1.64%, at 3,302.18 and the Nasdaq Composite .IXIC was up 170.28 points, or 1.84%, at 9,443.68.
Adding to the optimism was data that showed new orders for U.S.-made goods rose by the most in nearly 1-1/2 years in December. It comes a day after a surprise rebound in factory activity in January.
The fourth-quarter earnings season is half done and nearly 70% of companies that have reported so far have surpassed earnings estimates.
Ralph Lauren Corp (RL.N) jumped 9.1% after the retailer's holiday-quarter profit beat market expectations.
Health insurer Centene Corp (CNC.N) slipped about 1.5%, weighed down by a surge in quarterly medical costs.
Investors were also keeping an eye on the U.S. Democratic presidential nominating race, where officials blamed "inconsistencies" for an indefinite delay in Iowa's caucus results.
Advancing issues outnumbered decliners by a 3.18-to-1 ratio on the NYSE and by a 2.94-to-1 ratio on the Nasdaq.
The S&P index recorded 58 new 52-week highs and two new lows, while the Nasdaq recorded 99 new highs and 30 new lows.
https://www.reuters.com/article/us-usa-stocks/wall-street-rallies-as-china-measures-ease-virus-fears-idUSKBN1ZY1QG
https://finance.yahoo.com/quote/%5EIXIC
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
Oil rebounds on prospect of bigger OPEC+ supply cuts
Oil prices bounced on Tuesday a day after falling to their lowest in more than a year, edging up on hopes that more cuts in crude production from OPEC and its allies would offset demand destruction related to the coronavirus outbreak.
https://www.reuters.com/article/us-global-oil/oil-rebounds-on-prospect-of-bigger-opec-supply-cuts-idUSKBN1ZY07W
#8020337 at 2020-02-04 12:55:59 (UTC+1)
Q Research General #10265: Iowa Dems Waiting, Waiting, Waiting....Edition
>>8020314
CB DOW (central bank or cabal dow) is he talking how election should have effected it?
#8016387 at 2020-02-04 01:50:15 (UTC+1)
Q Research General #10260: How bout the Fan Hit Schiff Edition
You know what's funny? Russia is already converting to cold fusion in it's reactors and not one word of it. Just like Russia fired their central bank director and re-wrote their constitution and nothing but silence.
We're entering an era of free energy, peace and self governance yet nobody is picking up on it. Interesting…
#8014510 at 2020-02-03 22:27:31 (UTC+1)
Q Research General #10258: Melania Monday Edition
central bankers Pull Out Their Monetary Bazookas to Try to Avert a Coronavirus Crash
The emerging coronavirus pandemic is already crimping global commerce. In response, the S&P 500 has thus far put in two weeks' worth of declines (the index fell 2.1% last week) since making new highs to start the year.
Even though the U.S. stock market hasn't even entered a true "correction" phase yet, Wall Street is already clamoring for more Fed stimulus.
Mainstream stock market mavens figure the central bank will step in to limit downside - and they are probably right.
Following the Federal Open Market Committee's decision on Wednesday to keep rates unchanged, Fed Chairman Jerome Powell said he is "carefully monitoring the situation" with regard to the Chinese virus.
It is hitting inflation-sensitive commodities copper and crude oil especially hard. Oil prices dipped 5% last week while copper plunged more than 6%.
Powell is vowing to push the inflation up to a "symmetric" target of 2% - which in practice means pushing it above 2% for a sustained period to counteract the prolonged period of sub-2% inflation (at least officially).
https://www.activistpost.com/2020/02/central-bankers-pull-out-their-monetary-bazookas-to-try-to-avert-a-coronavirus-crash.html
#8007626 at 2020-02-03 04:00:06 (UTC+1)
Q Research General #10249: KC Chiefs FTW! One for the Heartland! Edition
China Bloodbath: Stocks Crash; Oil, Iron Limit Down Despite Emergency PBOC Intervention, Rate Cuts
China's reopening from the long Lunar New Year holiday was set to be ugly, and sure enough with Chinese stocks resuming trade at 9am on Monday, a wave of selling was unleashed culminating in nothing short of a bloodbath with the Shanghai Composite crashing 9% at the open, down by the most since the bursting of China's 2015 stock bubble, and wiping out 12 months worth of gains in a corona moment. Not even the hilarious beat in China's Manufacturing PMI (this time from Caixin), which somehow surpased expectations of a 51.0 print by the smallest amount possible at 51.1 (down from 51.5) despite a major portion of China's population under quarantine and the economy hitting a brick wall, had any impact on stocks. What is odd is that this is happening even as China earlier in the day barred short selling, which only means the central bank made a huge oversight and should have also banned all selling altogether.
As stocks collapse the flight to safety is predictably on with 10Y Chinese bond tumbling in yield to 3%, matching the lowest yield since late 2016….. while spiking in price.
The selloff wasn't limited just to stocks, however, with China's benchmark iron ore contract falling by its daily limit of 8%, with copper, crude and palm oil also plunging by the maximum allowed. As Bloomberg notes, regions accounting for about 90% of copper smelting, 60% of steel production, 65% of oil refining and 40% of coal output have told firms to delay restarting operations until at least Feb. 10.
This is bad news for anyone still holding on to dreams of a Chinese economic renaissance, as the following correlation between China's macro surprise index and copper demonstrates. China's bloodbath is taking place even as the PBOC scrambled earlier in the day to inject a gross 1.2 trillion in liquidity which however as we explained, was woefully inadequate because when netting off the 1 trillion in short-term reverse repo funds scheduled to mature on Monday, the liquidity injection amounted to a far more modest 150BN yuan, or just over $27BN.
The lack of any notable impact from China's reverse repo injection probably explains why shortly after the catastrophic open, the PBOC also cut rates on both its 7 day and 14 day-reverse repo from 2.5% to 2.4%, and from 2.65% to 2.55% respectively. Any additional selling will only beget even more selling, which is certainly on the mind of whoever is buying US futs even as China is crashing.
https://www.zerohedge.com/markets/china-bloodbath-stocks-crash-9-oil-iron-limit-down-despite-emergency-pboc-intervention-rate
https://www.cnbc.com/asia-markets/
https://www.bloomberg.com/markets/stocks/futures
#8005693 at 2020-02-03 00:56:56 (UTC+1)
Q Research General #10246: ENJOY THE GAME USA Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#8002371 at 2020-02-02 18:47:46 (UTC+1)
Q Research General #10242: KeK 0202 2020 Edition
https://www.sott.net/article/416321-The-Kolomoisky-Pyramid-Hillary-Clinton-Victoria-Nuland-and-Christine-Lagarde
The Kolomoisky Pyramid: Hillary Clinton, Victoria Nuland and Christine Lagarde
When Igor Kolomoisky financed anti-Russian units operating with the Ukrainian Army in the Ukrainian civil war, he was a staunch ally of Petro Poroshenko's government in Kiev and the Obama Administration's chief Ukraine policymakers, Secretary of State Hillary Clinton and her Assistant Secretary for European Affairs, Victoria Nuland.
They in turn dominated the voting on the board of directors of the International Monetary Fund (IMF), led by managing director Christine Lagarde. Following the US regime change which installed Poroshenko's regime in the spring of 2014, the IMF voted massive loans for the Ukraine to replace the Russian financing on which the regime of Victor Yanukovich had depended. More than a third of the fresh IMF money was paid out by the National bank of Ukraine (NBU), the state's central bank, into Privatbank controlled by Kolomoisky and his partner, Gennady Bogolyubov.
At the time, investigations of Kolomoisky's business and banking practices, and the special relationship he cultivated with the NBU, reported he was stealing the money through a pyramid of front companies lending each other the IMF cash which was not intended to be repaid. Clinton, Nuland, Lagarde and the IMF staff and board of directors ignored the evidence, as they continued to top up Kolomoisky's pyramid. Criminal investigations by the US Department of Justice and the Federal Bureau of Investigation (FBI) were also reported at the time; they were neutralized by their superiors.
#8001052 at 2020-02-02 15:36:54 (UTC+1)
Q Research Edition #10240: 8 Million keks & Counting Edition
>>8001016
>does CB mean anything?
central bank
Citizens Band (radio)
And many others here:
https://www.abbreviations.com/CB
Take your pick.
#8000729 at 2020-02-02 14:42:39 (UTC+1)
Q Research Edition #10240: 8 Million keks & Counting Edition
China to inject $174 billion of liquidity on February 3 as markets reopen
China's central bank said it will inject 1.2 trillion yuan ($173.8 billion) worth of liquidity into the markets via reverse repo operations on Monday, as the country prepares to reopen its stock markets amid a new coronavirus outbreak. China's authorities have pledged to use various monetary policy tools to ensure liquidity remains reasonably ample and to support firms affected by the virus epidemic, which has so far claimed 305 lives, all but one in China.
The People's bank of China made the announcement in a statement published on its website on Sunday, adding the total liquidity in the banking system will be 900 billion yuan higher than the same period in 2019 after the injection. According to Reuters calculations based on official central bank data, 1.05 trillion yuan worth of reverse repos are set to mature on Monday, meaning that 150 billion yuan in net cash will be injected. Investors are bracing for a volatile session in Chinese markets when onshore trades resume on Monday after a break for the Lunar New Year which was extended by the government. China's stock, currency and bond markets have all been closed since Jan. 23 and had been due to re-open last Friday.
There will be no further delays to the reopening, the country's securities market regulator said in an interview published by the state-backed People's Daily newspaper on Sunday.
The China Securities Regulatory Commission (CSRC) said it had taken the decision after balancing various factors, and believed the outbreak's impact on the market would be "short term". To support firms affected by the epidemic, the CSRC said companies that had expiring stock pledge agreements could apply for extensions with securities firms, and it would urge corporate bond investors to extend the maturity dates of debt.
The CSRC is also considering launching hedging tools for the A-share market to help alleviate market panic and will suspend evening sessions of futures trading starting from Monday, it said.
https://www.reuters.com/article/us-china-health-cenbank/china-to-inject-174-billion-of-liquidity-on-february-3-as-markets-reopen-idUSKBN1ZW074
#7998324 at 2020-02-02 05:03:27 (UTC+1)
Q Research General #10237: Late Night Shift Engaged Edition
>>7998265
Yeah, yeah yeah,
Japan just nationalized the central bank, and told the Jews to fuck off.
I suspect that this fellow likes to lick his own feces from his Rabbis flacidating penis.
#7996383 at 2020-02-02 01:35:30 (UTC+1)
Q Research General #10234: The Pasternak And Kolomoisky Digs Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dugg:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7990782 at 2020-02-01 16:46:43 (UTC+1)
Q Research General #10227: We Are The News, Gold Star Researchers Edition
>>7990469
>The Ukrainian businessman, whose first name is also spelled Ihor, also saw London's court system freeze his assets this year following the nationalization of Privatbank, after which Ukraine claimed Kolomoisky and another main shareholder of the bank had siphoned away $2 billion, according to Reuters.
This is part of what Rudy's been hinting at.
(roughly)
US + IMF aid → Privatbank → Kolomoisky → Burisma → Bidens, etc.
https://www.reuters.com/article/us-ukraine-privatbank-insight/ukraine-money-go-round-how-1-7-billion-in-bank-loans-ended-up-offshore-idUSKBN1FD0G5
January 24, 2018 / 7:15 AM / 2 years ago
Ukraine money-go-round: how $1.7 billion in bank loans ended up offshore
ARTSYZ, Ukraine/LONDON (Reuters) - When Ukrainian company Profit signed a $48.5 million deal with a British firm in 2014, it became part of what prosecutors in Ukraine say was a potentially criminal scheme that moved $1.7 billion from the country's biggest lender to offshore accounts.
The deal between Profit and Trade Point Agro is part of a pre-trial investigation that is still under way into whether officials at Privatbank illegally took money from the lender through shady loan practices involving dozens of companies.
Privatbank, which was nationalized in December 2016, and Ukraine's anti-corruption bureau are also investigating whether the bank illegally provided loans to companies linked to two wealthy tycoons who owned the bank before the state takeover.
Privatbank, now controlled by the state, said the court order was granted on the basis of detailed evidence to the court that they extracted almost $2 billion from Privatbank through dishonest transactions.
An investigation commissioned by the central bank in 2017 found that Privatbank had for at least a decade been used for money-laundering and shady deals where 95 percent of corporate loans went to companies related to the former owners. Kolomoisky dismissed the findings, made public this month, as "nonsense".
General Prosecutor Yuriy Lutsenko said in December there was "no easy legal answer" to the question of whether Kolomoisky and Privatbank stole money, and that Kolomoisky believes he agreed to the nationalization under duress.
"Who is responsible for the stolen money? Kolomoisky's answer: nobody stole money," Lutsenko said.
#7989157 at 2020-02-01 13:10:27 (UTC+1)
Q Research General #10225: Saturday with Frenz Edition
>>7989062
try my best here.
overview:
"the game" is Capture the Flag
History lesson:
starts @ 13 colonies
founding fathers [FF] broke from Britain (Cabal)
they made a pack to not borrow from IMF or world bank ( no debtors ) "FREEDOM"
[Insert Postmaster General creation here- Benjamin Franklin was #1 ]
something fucked up, Lincoln broke the pact and borrowed money. 3 times the US borrowed money from central bank/IMF. Each time having to put something up for collateral. Well, enter "birth certificates" and due to some legal smarmy bullshit, we people are considered 'property' and our birth certificates are the 'proof of goods' so to speak. A taxable product.
Nov 1999 the 3rd bankruptcy ended, which means no more need for collateral. Bill Clinton was in Kosovo. Russel Jay Gould, with the help of David-Wynn:Miller "captured the title-4 flag" and registered as the Postmaster General with Bern Switzerland (Cabal Capital of the World if you didn't know - thats why they always lookin neutral AF), claimed "the land of the courts" (ties into admiralty law/maritime law) as his land, and basically became "commerce master" of the world, and effectively the commander-in-chief of the US Navy. David Wynn Miller developed this 'quantum grammar construct' and well… "fixed" the global financial/commerce framework. and by "fix" i mean, he removed a bug in the code that allowed for "doublespeak/legal loop holes" <- how you've been fucked out of everything your entire life.
if you want the hour long much better explains ( by a SF op no less ) watch this
https://www.youtube.com/watch?v=e4KNxgWY5yg
qresear.ch > postmaster , anything from jan 30-feb1
#7988912 at 2020-02-01 12:15:39 (UTC+1)
Q Research General #10224: Celebrate! Celebrate! Dance to the Music! Edition
>>7988886
I do not think the Vatican runs the BIS.
It's a pure cabal creation, the central bank of all the major central banks, unaccountable, on a sovereign piece of land within Switzerland.
Came before IMF, the World bank, etc.
The most important financial institutions of the world, central for everything, and for some reason, it flies under the radar.
Maybe because of the deceptive name, which is related to the pretext they used to set it up (WW1 Germany reparations settlements)?
#7988605 at 2020-02-01 10:38:53 (UTC+1)
Q Research General #10224: Celebrate! Celebrate! Dance to the Music! Edition
>>7988600
Postmaster General is a misleading title, it should be something more like "Pirate Captain"
https://understandcontractlawandyouwin.com/maritime-admiralty-law-conspiracy-fact-or-fiction/
What is admiralty law? Admiralty law is the law of the sea and banking law is international maritime law. Maritime admiralty law was originally for the purpose of governing ships that were importing and exporting products abroad.
Maritime admiralty law does not deal with civil affairs; it's supposed to deal only with banking or merchant transactions.
So, when a ship arrives at a foreign dock, its merchandise is taken off the ship and unto the land. Of course there has to be a way to transfer custody of the merchandise, so a certificate is issued to account for each product. The certificate would state on its face the "berth date" of the products into the custody of the nation taking ownership.
Does any of this sound familiar yet? This brings to mind the birth certificate. So, why exactly is it required for all babies born to have a certificate of live birth? If certificates can establish ownership of something, then who exactly owns us?
It is said that when we are born, and have had a birth certificate application filed, our vessel (flesh and blood body) is considered lost at sea. For this reason, a trust is created in our name, and we are the beneficiary of that trust. As the beneficiary, we do not get to choose what happens with the trust or the estate within the trust. The executor or trustee decides for us what benefits we get from the trust. This trust is actually a private international trust, and there is no need for its existence to be divulged to the beneficiary. This trust is actually also never "expressed"; it is 100% constructive. Which means that when you're in court, the judge can "construe" the trust however he/she chooses to be for their benefit. Usually, they make you the trustee, which makes you liable for whatever the trust(strawman) did wrong since the trustee is always a slave to the trust.
So, back to the birth certificate... It has been proven that the birth certificate is a bond. And as such, financial instruments are created from it and traded on the stock markets. The proceeds of these transactions go into the estate of the "private international trust" that the you are unaware even exists. So there is all this "money" being made off of all of us.
This all began in 1910 when a group of 6 bankers and economic policy-makers held a secret meeting at Jeckyll Island(you can read all about this in The Creature From Jeckyll Island). These 6 men represented the wealthiest and most elite people's interests. The purpose of this meeting was to figure out a way to trick the American people into allowing a central bank into the country(there were several central banks before this that were taken down by the people). Then in 1913 the Federal Reserve Act was signed into effect by President Wilson. This was recounted in 1916 by B.C. Forbes, the founder of Forbes magazine. It was this act that put us into Maritime Admiralty law.
A few years later, in 1921, the Sheppard-Towner Maternity Act was passed by Congress. This Maternity Act forced all birth to be registered with the state under the excuse that it was for health benefits for the people. This leads us up to 1933 when the government took away all the gold and silver with HJR192 and switched the country over to using Federal Reserve Notes(these are the dollars we use today). 1933 was also the year in which the government went bankrupt, again. So what exactly happened?
This whole process switched the country from common law, to maritime admiralty law because we were no longer allowed to pay for anything with real money(gold or silver).
We now walk around exchanging negotiable instruments, which is done only in maritime admiralty law.
So what does this mean for us? It means we can never actually fully own anything (allodial title) because we have no money of substance to pay with. We are only able to pay with promissory notes, which are either in the form of a promissory note(such as when you sign a note to purchase a house) or in the form of Federal Reserve Notes. What this also means for us is that since we can never legally pay with money of substance, the government is actually obligated to discharge any debts we may incur(HJR192). The tricky part, is figuring out how to access this holy grail of administrative processes. You can't write out a promise to pay on a napkin and hand it to the bank, making the treasury the drawee, and think that you're going to walk away unscathed. There is definitely more to it than that.
#7984629 at 2020-02-01 01:03:01 (UTC+1)
Q Research General #10219: Brexit Bar Now Serving! Edition
Blackrock Inc,CEO Larry Fink sold: $25.08m-Jan 30
BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.
https://en.wikipedia.org/wiki/BlackRock
https://www.finviz.com/insidertrading.ashx?oc=1059245&tc=7&b=2
from 2015
BlackRock: The secret world power
One name has been haunting Wall Street for years. Still, it remains a mystery to most. Even Heike Buchter admits it only began appearing on her radar recently. "bankers started talking about [it]. They were analyzing central bank portfolios, and the name Larry Fink kept popping up," the German correspondent, who's been covering Wall Street for more than a decade, told DW.
It stuck with Buchter, who set out to find out all she could about Fink and his financial colossus BlackRock - "one of the world's preeminent asset management firms," as the New York-based corporation boasts on its website.
"Prior to the financial crisis I was not even familiar with the name. But in the years after the Lehman [Brothers] collapse [in 2008], BlackRock appeared everywhere. Everywhere!," Buchter said. On Monday, her 280-page exposé - the first-ever of its kind - appears in German.
Lack of transparency
The author recalls a lunch with an insider. He asked her, only half-jokingly, to speak quietly. He was concerned someone from BlackRock might be hiding in the kitchen, spitting in his soup. Accordingly, she titled the first chapter in her book: "The most powerful company no one's heard about."
BlackRock manages $4.7 trillion (4.2 trillion euros) worth of assets. All told, their platforms juggle $14 trillion - the equivalent of 5 percent of all financials assets worldwide. But BlackRock's reach goes further than just buying and holding stocks and bonds.
rest at link
https://www.dw.com/en/blackrock-the-secret-world-power/a-18653761
#7982053 at 2020-01-31 22:11:18 (UTC+1)
Q Research General #10216: CORONA_OFFLINE_Deac[0000]. The Games R FUN! Edition
Follow the Real Money Behind the New Green Agenda
Within little more than a year everyone imaginable seems to have jumped on the bandwagon of the new green agenda of radical measures to "stop" climate change. Now the bastion of corporate economic globalization, the Swiss Davos World Economic Forum, has made its main theme this year, "Stakeholders for a Cohesive and Sustainable World," with major focus on such notions as "How to Save the Planet." Of course, featured speaker was the young Swedish activist Greta Thunberg. What few realize is how carefully all this is being orchestrated to prepare a massive shift in global capital flows where a handful of financial giants stand to gain.
From Greta to Bonnie Prince Charles, the themes at Davos 2020 were dominated for the first time by the climate change agenda. What comes through the interstices of the meeting of some 3,000 of the world's corporate giants, is that a major global campaign is being orchestrated and it includes the world's largest capital investment fund heads and the world's major central bankers.
Davos trustees
It was no accident that Davos, the promoter of globalization, is so strongly behind the Climate Change agenda. Davos WEF has a board of appointed trustees. Among them is the early backer of Greta Thunberg, climate multi-millionaire, Al Gore, chairman of the Climate Reality Project. WEF Trustees also include former IMF head, now European central bank head Christine Lagarde whose first words as ECB chief were that central banks had to make climate change a priority. Another Davos trustee is outgoing bank of England head Mark Carney, who was just named Boris Johnson's climate change advisor and who warns that pension funds that ignore climate change risk bankruptcy (sic). The board also includes the influential founder of Carlyle Group, David M. Rubenstein. It includes Feike Sybesma of the agribusiness giant, Unilever, who is also Chair of the High Level Leadership Forum on Competitiveness and Carbon Pricing of the World bank Group. And perhaps the most interesting in terms of pushing the new green agenda is Larry Fink, founder and CEO of the investment group BlackRock.
https://journal-neo.org/2020/01/27/follow-the-real-money-behind-the-new-green-agenda/
#7971707 at 2020-01-31 01:09:57 (UTC+1)
Q Research General #10202: Nightshift, Corona, and George Washington. All Trigger the Baby Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dugg:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Russian Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish) The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7968972 at 2020-01-30 21:26:09 (UTC+1)
Q Research General #10199: Coincidences Are Fun! Edition
There is a big difference besides communism and a bunch of people coming together to invoke their voice. In expansion of your idea voting in a democracy is communism. Kek
Together we are strong! How do we come together if you label it communist? Smh
Money is a piece of paper. We work for money, we trade their money and it gives it power. Remove the trade value and use something else and the person with the most money holds alot of useless paper.
Trump and Q will complete JFK's mission of Nationalizing the currency.
They will expose the World - central bank and The Federal Reserve. They will show the gold claim of the 1930's was an illegal fraud for theft on the American people. They will show the gold has been stolen to create the opioid market as a control device of the people. The reason for the removal of the dollar from the gold standard was for control but the timing was due to the pressure from the people at the time for a full and complete audit of Fort Knox and all federal gold reserves. This would have exposed the theft that had been underway for years. The other crimes and murders related as well.
They will expose the UN thru the real reasons for the formation of the League of Nations, exposing the murders and crimes that related to its creation. The plans of globalized NWO that existed before its inception.
They will expose the child and human slavery, child trafficking, sex crimes, and murders.
They will expose the occultist religions behind all these plans and agendas.
They will provide information for us to discover the truth of religion, history, creation and our reality, for those who wish to attempt to understand. The end will not be for everyone.
I'm trying to bring us together for support and unity, to help the plan. Division is our weakness. Please do not divide, just chose not to reply if you disagree strongly. If you have a better idea, please present it.
#7967861 at 2020-01-30 19:56:02 (UTC+1)
Q Research General #10197: Partisan Politics-Q Edition
>>7967683
Jews are protected because:
Jews Own the Power to CREATE MONEY OUT OF THIN AIR because they own and control the Unconstitutional "Federal" Reserve bank, our government's central bank.
They can create Unlimited Money - and can therefore buy anyone and anything.
Israel First Jewish Senator Chuck Schumer is trying to push a Bill through Congress to
Imprison Americans who Criticize Israel
Money = Power
#7962939 at 2020-01-30 08:34:55 (UTC+1)
Q Research General #10191:Too Late Face Palm When...... Edition
>>7962703
Jewish clown Gaslight FAIL: Fear of American Goyim Showing
The fact that for 2 years, you Israeli faggots have falsely claimed that any posts showing Evidence of Jewish Cabal Organized Crimes* are made by:
"bots"
"tag team" if more than 1 anon posts Truth about Jews
"media matters"
"spambot"
"works for brock"
"iranian"
"mohamed"
"quassem" (a month b4 he was killed, when no no normie or anon had ever heard of him)
"irgc" (whatever the fug that is)
>Transparent Jewish Deflection - you're just like the Jew owned MSM, who in hundreds of hit pieces against Q anons - says that anons are a "fringe" group i.e. very tiny group when we are at least 1.7 Million anons strong, and growing.
You're pretending that only Muslims in Iran, or bots would post any Truth about Jewish Subversion, in the false hope that Newbie NPCs might fall for your Low IQ Gaslight FAIL.
98% Of the 331 Million Americans are Goyim, and moar and MOAR are Awakening to Jewish Subversion of our US Government, and central bank - and we are pissed.
THIS is why you are terrified and will not admit that Americans can't fucking stand Jewish Subversion !
*Prosecutable under RICO statutes.
#7961278 at 2020-01-30 03:41:42 (UTC+1)
Q Research General #10189: Impeachment Faceplant Edition
Virus anxiety weighs on Asian stocks, boosts safe-haven bid
Asian stocks slipped while gold and bonds were in demand on Thursday as worries about the spread of a new virus from China sent investors heading for safety. The Federal Reserve kept interest rates unchanged on Wednesday, as expected, although bank Chairman Jerome Powell's comments about a low inflation outlook added to U.S. government bonds' appeal.
Yields on benchmark 10-year U.S. Treasuries, which fall when prices rise, tumbled nearly 9 basis points overnight to 1.5790%, and drifted lower to 1.5750% in Asian trade US10YT=RR, not far above a three-month low of 1.5700% hit on Tuesday.
Gold extended overnight gains to rally 0.2% to $1,579.60 per ounce XAU
U.S. Fed chairman Jerome Powell said, after keeping rates on hold as expected, that the central bank "is not satisfied with inflation running below 2% and it is not a ceiling."
With the Fed's targeted core inflation running at 1.6%, the remark was interpreted as scene-setting for a rate cut, with markets now pricing in a 10% it could come in March. Powell also snuffed a small rally in equities on Wall Street, saying the new coronavirus, which has been spreading rapidly from its origin in Wuhan, China, added to global uncertainty.
China's National Health Commission said on Thursday the total number of confirmed deaths from the coronavirus in the country climbed to 170 as of late Wednesday, as the number of infected patients rose to 7,711. The World Health Organisation's Emergency Committee is due to reconvene on Thursday to decide whether the rapid spread of the virus now constitutes a global emergency.
Oil prices, which have been sliding in anticipation of the virus hurting global demand, sat close to lows touched on Monday.
https://www.reuters.com/article/us-global-markets/virus-anxiety-weighs-on-asian-stocks-boosts-safe-haven-bid-idUSKBN1ZT053
https://www.cnbc.com/asia-markets/
https://www.marketwatch.com/investing/bond/tmubmusd10y
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
#7957277 at 2020-01-29 21:04:29 (UTC+1)
Q Research General #10184: Q- Follow the Pen ! Edition
FED left rates unchanged
"Uncertainties remain, including those posed by the new coronavirus."
"We expect moderate economic growth to continue."
1-hour video
FOMC Press Conference January 29, 2020
19 views-Jan 29, 2020
Federal Reserve
The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
https://youtu.be/lQXF9kwHb5s
#7955010 at 2020-01-29 17:26:37 (UTC+1)
Q Research General #10181: Anons Actively Awaiting Burkman Pics! Edition
New Report Reveals Goldman Sachs' Crime Wave Under Last Three CEOs (Who Got Obscenely Rich in the Process)
Yesterday, the nonprofit Wall Street watchdog, Better Markets, released an in-depth and scathing analysis of the past 20 years at Goldman Sachs. A bold headline summed it up as follows: "$874 Billion in Bailouts, 36 Major Legal Actions, $9.8 Billion in Fines and Settlements with Billions More Coming." One key takeaway from this crime spree, write the authors, is this:
"Goldman Sachs has amazed a RAP sheet showing that the financial crash of 2008 did little if anything to slow the pace of illegal activity that was well underway in the years leading up to the crash. Goldman Sachs was heavily engaged in illegal activity before the crash; they reached new heights of lawlessness in connection with the crash; and they continued to violate the law in the post-crash era...."
Senator Bernie Sanders has repeatedly stated that the business model of Wall Street is fraud. We've refined that to the business model of Wall Street is monetizing fraud. And based on this latest report, Goldman Sachs takes the top prize for its panoply of innovations in monetizing fraud.
The Better Markets report raises serious concerns on multiple fronts. First, it traces the Goldman Sachs' crime wave from 1998 through 2019. Three separate CEO's served during that period, all of whom became obscenely rich and none of whom curbed the crime wave. Despite all of the federal and state investigations that arose as a result of the Wall Street corruption that brought on the crash of 2008, the report found that the pattern of illegal conduct actually increased at Goldman Sachs after the 2008 crash.
Henry (Hank) Paulson was the CEO at Goldman Sachs from 1999 until he took his seat as U.S. Treasury Secretary under President George W. Bush in 2006. (His full career at Goldman Sachs spanned 32 years.) Failing up is the new normal today on Wall Street. (See Goldman Sachs: The Vampire Squid's Alum Control Two Fed banks, the U.S. Treasury, the European central bank and the bank of England.) Paulson could not have timed his exit any better. Goldman's role in shorting subprime debt that it was selling to its customers as a solid investment had yet to be exposed so its publicly traded stock had not yet collapsed. Right after Paulson's confirmation as U.S. Treasury Secretary by the Senate, he filed to sell approximately $500 million of his Goldman stock. Under rules established for private sector persons having to sell their stock holdings to take a position in the federal government and avoid conflict of interest concerns, Paulson was going to be able to potentially save upwards of $200 million in capital gains taxes on that $500 million stock sale.
Paulson was also a heavy supporter of Web-Van and called it "the future"…
Blankfein, who had served under Paulson as President of Goldman, took the reins as CEO when Paulson left. Blankfein became the wily defender of the Goldman Sachs' crime wave and a billionaire in the process, avowing at one point that he was "doing God's work." Blankfein stepped down in 2018 - a few months ahead of Malaysia filing a criminal indictment against the firm in the 1MDB matter. According to media reports, Goldman is expected to settle the criminal investigation of that matter by the U.S. Department of Justice early this year.
The new CEO at Goldman is David Solomon, who served as President under Blankfein, and has been with the firm for the past two decades of its crime wave and thus likely knows where all of the smoking guns are buried.
https://wallstreetonparade.com/2020/01/new-report-reveals-goldman-sachs-crime-wave-under-last-three-ceos-who-got-obscenely-rich-in-the-process/
pdf is source report
#7946857 at 2020-01-28 23:47:26 (UTC+1)
Q Research General #10170: Crossing The Delaware Rally Bread! Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year.
A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7944613 at 2020-01-28 20:58:21 (UTC+1)
#10167: Q- Durham, Second Revoluiton Anyone?! Edition
>>7944507
Yes - in Frankfurt is the headquarters of the European central bank
The euro will now be destroyed!
#7942292 at 2020-01-28 18:40:27 (UTC+1)
Q Research General #10164: Schades of Schitt Edition
>>7942167
The implementation of the Gold Standard will be historic.
What country would rather have a (((central bank))) control their economy… none?
#7931996 at 2020-01-27 20:28:15 (UTC+1)
Q Research General #10151: Big Things Coming! Hold the Line! Edition
Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That's 34% of Its Feeding Tube During Epic Financial Crash
According to the data made available on the public website of the New York Fed, since September 17, 2019 it has funneled a cumulative total of $6.6 trillion to some of the 24 trading houses on Wall Street that are known as its "primary dealers." The giant sum has been sluiced to Wall Street in the form of repurchase agreement (repo) loans without any details being provided to the elected representatives in Congress as to which firms are getting the money or what it's being ultimately used for. But since the stock market has set repeated new highs since the program launched, some veteran market watchers believe the Fed is fueling a Ponzi-like rally in stocks.
When the nonpartisan investigative arm of Congress, the General Accountability Office (GAO), tallied up the cumulative total that the Federal Reserve had secretly sluiced to Wall Street from December 2007 through July 21, 2010, it came to $16.1 trillion. (See chart below.) But the GAO did not include all of the programs that came out of the New York Fed. When those other programs are added, the Levy Economics Institute, using the Fed's own data, arrived at the tally of $19.559 trillion to the Wall Street trading houses and another $10 trillion in central bank liquidity swaps, bringing the bailout figure to over $29 trillion.
Today's repo loans are being made at 1.55 to 1.57 percent interest by the New York Fed. On September 17, 2019 the free market wanted to price those loans at 10 percent. That's when the New York Fed jumped in with both feet with a pile of money priced at fictitious interest rates.
The cumulative tallies also allow us to measure this current unnamed crisis that has prompted the New York Fed to plow $6.6 trillion into Wall Street in a period of four months versus prior crises. For example, during the first week of the Fed's repo loan program in 2019 - from September 17 through September 24 - the New York Fed cumulatively plowed $373.9 billion into the trading houses of Wall Street using repo loans.Compare that dollar figure to the amount the New York Fed pumped into its primary dealers during the pivotal week of the worst financial collapse since the Great Depression. On Monday, September 15, 2008, the century-old Lehman Brothers filed for bankruptcy; the giant insurer, AIG, which was the counterparty to tens of billions of Wall Street's derivative bets, was put into receivership with the U.S. government; and 94-year old Merrill Lynch was teetering so badly under subprime debt losses that it had to merge with bank of America. From September 15, 2008 through September 22, 2008, the New York Fed provided cumulative liquidity of $285 billion under its repo loan program - $88.9 billion less than during its first week of repo operations last year.
See cap#2
Last September was the first time the New York Fed has used this repo loan operation since the financial crisis. And, yet, Fed Chairman Jerome Powell refuses to say that there is any crisis on Wall Street. On November 13, 2019 Powell testified before the Joint Economic Committee of Congress, stating: "The core of the financial sector appears resilient, with leverage low and funding risk limited relative to the levels of recent decades."
That statement comes despite the fact that the Federal regulator of national banks, the Office of the Comptroller of the Currency (OCC), reported in December that just four Wall Street banks hold 87.2 percent of all derivatives in the entire banking industry. Those four Wall Street banks (JPMorgan Chase, Citigroup, Goldman Sachs and bank of America) have notional exposure (face amount) of $175 trillion in derivatives.
See cap#3
This morning at 8:37 a.m. (ET), Dow Jones futures were showing a loss of 454 points, suggesting a deep red ink open for the stock market at 9:30 a.m. The New York Fed had already this morning pumped $49.60 billion in repo loans to its Wall Street trading houses, at an interest rate of 1.55 percent.
rest at link
https://wallstreetonparade.com/2020/01/fed-repos-have-plowed-6-6-trillion-to-wall-street-in-four-months-thats-34-of-its-feeding-tube-during-epic-financial-crash/
#7928458 at 2020-01-27 13:55:40 (UTC+1)
Q Research General #10146: Better to Fly the Q Edition
Negative Debt Pile Surges by $1.2 Trillion in Dash for Havens
The global rush for safer assets has fueled a huge jump in the world's stockpile of negative-yielding bonds, snapping months of decline in the value of subzero debt.
The pool of securities with a yield below zero surged by $1.16 trillion last week, the largest weekly increase since at least 2016 when Bloomberg began tracking the data daily. Another injection looked certain on Monday, as investors worldwide ditched riskier assets and piled into bonds amid mounting fears over a deadly virus spreading from China. It all threatens to reignite a debate about the phenomenon of bonds guaranteed to post losses for buy-and-hold investors. While the total fluctuated day-by-day, it shrank for four straight months through December on signs a slowdown in global growth may be bottoming out and that central banks may pause their easing cycle.
That means no immediate relief for markets that had started to feel the burden of negative yields lift. Last week brought the addition since mid-January to about $1.5 trillion and the pile overall to $12.4 trillion – the highest level in two months.
The resurgence is a potent reminder that the market distortions synonymous with loose monetary policies have not gone away. Their impact and effectiveness was one of the key topics at a gathering of world and business leaders in Davos last week. Among the voices, Cantor Fitzgerald LP President Anshu Jain said repercussions for insurers and pension funds "will be felt for years to come." U.S. President Donald Trump wanted to know who was buying it all. Even with the handwringing at Davos and growing sub-zero stockpile, policy makers setting ultra-low rates have assured markets the easy money will keep flowing. European central bank President Christine Lagarde said last week policy must remain "highly accommodative" with inflation struggling to stay much above 1%, though she did reiterate the bank will keep looking at the impact of negative rates.
The risk-off mood sparked by the coronavirus and worries about its impact on companies and growth may yet prove temporary. The total of negative-yielding debt remains well below its high of more than $17 trillion in August, and many analysts expect it to stay that way.
https://www.bloomberg.com//news/articles/2020-01-27/negative-debt-pile-surges-by-1-2-trillion-in-dash-for-havens
#7926995 at 2020-01-27 04:21:08 (UTC+1)
Q Research General #10144: The Sky Fall Edition
>>7926971
And the answers
Question: SUMMARY
Answer: Soros replaced family 'y'. Someone is family 'y'. Trace the bloodlines of these (3) families. Hitler was a puppet. Someone was his handler. There was a real purpose of the war. What age was GS? Look at the Soros family history. What has occurred since the fall of N Germany. Look at A. Merkel's family history. Follow the bloodline. Important people died on the Titanic in 1912. A certain 'class of people' were guaranteed a Lifeboat. Select individuals did not make it to the Lifeboats. We know if someone was on the Lifeboats (D or A). How were names and bodies recorded back then? Less than 10 were specifically invited. Look at the Federal Reserve. What does the Federal Reserve control, and who controls the Federal Reserve? Someone approved the formation of the Federal Reserve. Hollywood glorifies Titanic as a tragic love story. A man lived in that movie, but the opposite is true. Brainwashing! Important people died during on the Hindenburg. Someone controls the narrative. The truth would put 99% of people in the hospital. It must be controlled. Snow White. Iron Eagle. Jason Bourne (CIA/Dream).
Extra Answer:
Open Answer:
News:
Confidence:
Question: How do we know who was on the Lifeboats (D or A)?
Answer: Entire list of Lifeboats and survivors in them. https://www.encyclopedia-titanica.org/titanic-survivors-list/ Boat A was allowed to drift off after it was partially Submerged; It was recovered a month later, by RMS Oceanic, another White Star Line ship. 3 bodies where left in the boat and 12-13 survivors made it to Boat D. 25 people were on board boat D excluding boat A's survivors. Known People to survive of Boat A and D are Michel Marcel Navratil, Edmond Marcel Navratil, Caroline Brown,Hugh Woolner, Mauritz Håkan Björnström-Steffansson, Frederick Maxfield Hoyt and Rhoda Abbott.
Extra Answer:
Open Answer:
News:
Confidence: high
Question: Why did select 'individuals' not make it into the Lifeboats?
Answer: John Jacob Astor IV, Benjamin Guggenheim, Isidor and Ida Straus were all opposed to the creation of a central bank.
Extra Answer: 10 famous people did not go, cancelled trip last minute
Open Answer:
News:
Confidence: high
Question: What 'class of people' were guaranteed a Lifeboat?
Answer: Women and children, first class
Extra Answer:
Open Answer:
News:
Confidence: high
#7922748 at 2020-01-26 21:02:38 (UTC+1)
Q Research General #10139: Keep Your Eye On The Prize! Edition
Hedge Fund CIO: "Are We On The Cusp Of Economic Regime Change And Unprecedented Wealth Destruction"
Submitted by Eric Peters, CIO of One River Asset Management
"One man's debt is another man's asset," said the CIO, lifting his palms evenly, bringing them into perfect balance. "The weight of one is perfectly offset by that of the other." So in theory, it should not matter how large either grows. "But debt creates asymmetric behavior between borrower and lender," he explained. "When the economy comes under stress, borrowers are forced to retrench, and lenders must then choose whether to fill the economic void left by that adjustment." By repairing their balance sheets, the borrowers do additional economic damage.
"Lenders tend to wait and see how things shake out before stepping in," continued the CIO. central banks provide stimulus to lure them back. "Therefore, the higher the debt level in an economy, the more susceptible it becomes to catastrophic failure and the less responsive it is to stimulus." So central bankers must work harder. "But by doing so, they slow the necessary adjustments in parts of the economy where balance sheets are unsustainable. And this incentivizes leveraging up in places where balance sheets are strong - creating new excess."
"In a global financial system, these dynamics spill across borders," he said. 10yr German bunds yield -0.34%. Greeks pay +1.28% to borrow for 10yrs (40bps less than the US). Tesla market capitalization is $102bln. "This is good for the short-term performance of asset prices and economic growth, but down the line, it makes the financial system more prone to catastrophe." And less responsive to stimulus.
"In each downturn, central bankers must step in more and more aggressively. The process is reflexive and ultimately leads to a Minsky extreme."
Anecdote:
"Financial markets have capitulated to the secular stagnation narrative," said the CIO, high atop his prodigious pile. "And in so doing, they have tethered themselves to the wrong inevitabilities - to low interest rates forever, to asymmetric central bank reaction functions, to a negative bond-equity correlation," he added, peering into the distance. "And now a financial system which is structurally intolerant of inflation faces a political-economy regime change which makes inflation an imperative."
Seeking to escape the 1970s inflation, policymakers inadvertently engineered an equally powerful deflation machine. The 2001 ascension of China into the WTO global trading system - combined with decades of Moore's Law compounding our computational speeds - amplified the machine's deflationary force.
https://www.zerohedge.com/markets/hedge-fund-cio-are-we-cusp-economic-regime-change-and-unprecedented-wealth-destruction
#7921086 at 2020-01-26 18:51:08 (UTC+1)
Q Research General #10137: Memefags Burnin Up The Board! Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Putin also wants to Remove all Dual-Citizens from the Russian Government
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)The MSM is saying that he "resigned".
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7919578 at 2020-01-26 15:37:49 (UTC+1)
Q Research General #10135: 3 Days of Arguments Dismantled in 2 hrs Edition
While the populations of China and India are known for liking physical gold, Germany flies under the radar. An astounding +26 million Germans have investments in gold bars and coins. In fact far more Germans have savings in physical gold than in the stock market - a statistic hard to imagine in the United States or Canada.
According to a recent survey by the Research Center for Financial Services on behalf of Reisebank, Germans currently own 8,918 tonnes of gold worth 330 billion euros (USD$367.5 billion), just over half (55% or 4,925 tonnes) in bars and coins.
Gold fans may also be surprised to know that Germany's central bank is loaded up with more bullion than any other's, except for the United States, 3,366.8 tonnes versus 8,133.5t held by the US Treasury, most of which is in Fort Knox, Kentucky.
A four-year plan to repatriate 674 tonnes of German gold held at the Banque de France and the Federal Reserve of New York was completed in 2017.
Yet these facts and figures indicating strong gold buy-in are incongruous with a new German law that severely limits the anonymity of citizens' gold purchases. In this article we are asking, "Why are Germans lining up for gold?"
https://www.zerohedge.com/commodities/why-germany-going-war-gold
#7915084 at 2020-01-26 01:25:42 (UTC+1)
Q Research General #10129: MagaMania is On! Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish) The MSM is saying that he "resigned".
Putin also want amendments, to limit the Presidency to 2 terms and to remove all dual-citizens from government.
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7907730 at 2020-01-25 07:19:48 (UTC+1)
Q Research General #10120: Late Night Mind Bend Edition
Global Announcements
>>7844760 New bakers/note-takers: plz tag notables & other key info to dough post
>>7907553, >>7907564 Updated Watkins bun: 14 of 88 domains seized instead of transferred (1-24-20)
Anons, plz no jpegs, tx
Notables
are not endorsements
#10119
>>7907015 Fly Eyes
>>7907646 @USArmy #Ready2Fight
>>7907553, >>7907559 Updated Mega-BUN of Watkins DIGGS
>>7907529, >>7907579, >>7907591, >>7907626, >>7907630, >>7907659 Edited Scavino, comms?
>>7907477 Moar pandemic fear porn
>>7907444 Trump Iowa staffer found dead in his home
>>7907429, >>7907443 President Trump mentioned The Godfather on The Ingraham Angle vid
>>7907235, >>7907135 Sperry/ Vindman The article doesn't state WHEN they first thought he was leaking classified info
>>7907133, >>7907149, >>7907183 Anons discuss peach mint proceedings coming up
>>7907171 2013 AUDIT BID RIGGING - LIBOR AND ISDAFIX
>>7907116 "I have not been told that my head is on a pike," she said. "I thought he did fine until he overreached."
>>7907719 #10119
#10118
>>7906380, >>7906483, >>7906561 planes and boats
>>7906333 Rose City ANTIFA, the violent Portland ANTIFA cell, is trying to mobilize people against Scott Presler's clean-up event.
>>7906437 new Scavino - 1/24/2020🕒 | COMING SOON🗓😉
>>7906544 Flynn updeate ICYMO - motion dates updates
>>7906384 Schiff Blows Finale: 'Head on Pike' Impeachment Trial Comment Angers Republican Senators
>>7906278 Epstein was telling associates in 2014 that if he ever married, it would be to Celina Dubin
>>7906417 timestamp fag also rolls a Q digit, says AS's pain starts tomorrow
>>7906738 Website showing pandemic exercise at J Hopkins Had DS playing roles
>>7906365 Feds Have Evidence Bezos' Girlfriend Gave Texts to Brother Who Leaked to National Enquirer, Report Says (debunks Bezos Saudi hacked me story)
>>7906955 #10118
#10117
>>7906097, >>7906131, >>7906158 Initial dig on Payson, AZ Piper P28A plane crash.
>>7906083 Dubin retiring from hedge fund amid fury over Jeffrey Epstein ties.
>>7906031 WEF debuts framework for central bank digital currency.
>>7905861, >>7905898 Small plane crashes today. California and Arizona.
>>7905858 YouTube forcing moderators to sign document acknowledging possible PTSD
>>7905787 Notable, strange or unexpected deaths.
>>7905779 Boris: UK has crossed the 'Brexit finish line'.
>>7905781 Dunford joins board of Lockheed Martin.
>>7905754 Continued Space Force logo discussion.
>>7905617 POTUS's weekend schedule.
>>7905608 Another Lemon sexual assault accuser.
>>7906198 #10117
#10116
>>7905315 Corona virus dig.
>>7904869 Australia's first coronavirus case confirmed in Victoria.
>>7905186 Presidential proclamation on imports of aluminum and steel articles.
>>7905154 Hannity stream. (live)
>>7905031, >>7905109, >>7904904, >>7904916, >>7905275 Anons discuss Space Force logo.
>>7905062 POTUS Tweet storm.
>>7905022 Sekulow Presser: Defense begins Saturday 10am with three hour preview.
>>7904978 2015: "Lab-made coronavirus triggers debate".
>>7904938, >>7904949 Syria update.
>>7904922 Wuhan not under lockdown?
>>7904890, >>7905074 Planefag updates.
>>7904799 Impeachment is extremely unpopular.
>>7905161 #10116
Previously Collected Notables
>>7904655 #10115
>>7901627 #10111, >>7902341 #10112, >>7903106 #10113, >>7903904 #10114
>>7898505 #10107, >>7899339 #10108, >>7900095 #10109, >>7900863 #10110
>>7895368 #10103, >>7896081 #10104, >>7896947 #10105, >>7897783 #10106
>>7892309 #10099, >>7893134 #10100, >>7893869 #10101, >>7894624 #10102
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://jthnx5wyvjvzsxtu.onion
#7906970 at 2020-01-25 05:26:14 (UTC+1)
Q Research GENERAL #1019: Night Shift General
Global Announcements
>>7844760 New bakers/note-takers: plz tag notables & other key info to dough post
>>7808819, >>7808821 Jim Watkins: 88 of his domains were deplatformed by Network Solutions, DIGG UPDATED 1/14/20
Anons, plz no jpegs, tx
Notables
are not endorsements
#10118
>>7906380, >>7906483, >>7906561 planes and boats
>>7906333 Rose City ANTIFA, the violent Portland ANTIFA cell, is trying to mobilize people against Scott Presler's clean-up event.
>>7906437 new Scavino - 1/24/2020🕒 | COMING SOON🗓😉
>>7906544 Flynn updeate ICYMO - motion dates updates
>>7906384 Schiff Blows Finale: 'Head on Pike' Impeachment Trial Comment Angers Republican Senators
>>7906278 Epstein was telling associates in 2014 that if he ever married, it would be to Celina Dubin
>>7906417 timestamp fag also rolls a Q digit, says AS's pain starts tomorrow
>>7906738 Website showing pandemic exercise at J Hopkins Had DS playing roles
>>7906365 Feds Have Evidence Bezos' Girlfriend Gave Texts to Brother Who Leaked to National Enquirer, Report Says (debunks Bezos Saudi hacked me story)
>>7906955 #10118
#10117
>>7906097, >>7906131, >>7906158 Initial dig on Payson, AZ Piper P28A plane crash.
>>7906083 Dubin retiring from hedge fund amid fury over Jeffrey Epstein ties.
>>7906031 WEF debuts framework for central bank digital currency.
>>7905861, >>7905898 Small plane crashes today. California and Arizona.
>>7905858 YouTube forcing moderators to sign document acknowledging possible PTSD
>>7905787 Notable, strange or unexpected deaths.
>>7905779 Boris: UK has crossed the 'Brexit finish line'.
>>7905781 Dunford joins board of Lockheed Martin.
>>7905754 Continued Space Force logo discussion.
>>7905617 POTUS's weekend schedule.
>>7905608 Another Lemon sexual assault accuser.
>>7906198 #10117
#10116
>>7905315 Corona virus dig.
>>7904869 Australia's first coronavirus case confirmed in Victoria.
>>7905186 Presidential proclamation on imports of aluminum and steel articles.
>>7905154 Hannity stream. (live)
>>7905031, >>7905109, >>7904904, >>7904916, >>7905275 Anons discuss Space Force logo.
>>7905062 POTUS Tweet storm.
>>7905022 Sekulow Presser: Defense begins Saturday 10am with three hour preview.
>>7904978 2015: "Lab-made coronavirus triggers debate".
>>7904938, >>7904949 Syria update.
>>7904922 Wuhan not under lockdown?
>>7904890, >>7905074 Planefag updates.
>>7904799 Impeachment is extremely unpopular.
>>7905161 #10116
#7906223 at 2020-01-25 03:59:45 (UTC+1)
Q Research Edition #10118: Night Shift Edition
Global Announcements
>>7844760 New bakers/note-takers: plz tag notables & other key info to dough post
>>7808819, >>7808821 Jim Watkins: 88 of his domains were deplatformed by Network Solutions, DIGG UPDATED 1/14/20
Anons, plz no jpegs, tx
Notables
are not endorsements
#10117
>>7906097, >>7906131, >>7906158 Initial dig on Payson, AZ Piper P28A plane crash.
>>7906083 Dubin retiring from hedge fund amid fury over Jeffrey Epstein ties.
>>7906031 WEF debuts framework for central bank digital currency.
>>7905861, >>7905898 Small plane crashes today. California and Arizona.
>>7905858 YouTube forcing moderators to sign document acknowledging possible PTSD
>>7905787 Notable, strange or unexpected deaths.
>>7905779 Boris: UK has crossed the 'Brexit finish line'.
>>7905781 Dunford joins board of Lockheed Martin.
>>7905754 Continued Space Force logo discussion.
>>7905617 POTUS's weekend schedule.
>>7905608 Another Lemon sexual assault accuser.
>>7906198 #10117
#10116
>>7905315 Corona virus dig.
>>7904869 Australia's first coronavirus case confirmed in Victoria.
>>7905186 Presidential proclamation on imports of aluminum and steel articles.
>>7905154 Hannity stream. (live)
>>7905031, >>7905109, >>7904904, >>7904916, >>7905275 Anons discuss Space Force logo.
>>7905062 POTUS Tweet storm.
>>7905022 Sekulow Presser: Defense begins Saturday 10am with three hour preview.
>>7904978 2015: "Lab-made coronavirus triggers debate".
>>7904938, >>7904949 Syria update.
>>7904922 Wuhan not under lockdown?
>>7904890, >>7905074 Planefag updates.
>>7904799 Impeachment is extremely unpopular.
>>7905161 #10116
#10115 Baker Change
>>7904527 California threatened with funds loss over abortion coverage.
>>7904474 Bidens are back in the crosshairs of POTUS legal team.
>>7904356 Chili protests: Chile woke up.
>>7904563, >>7904473 China outbreak worsens.
>>7904447 Marines Tweet: Bring Me The Horizon.
>>7903989, >>7904084, >>7904250, >>7904285, >>7904597, >>7904672 The Bill and Melinda Gates Foundation co-hosted a coronavirus pandemic exercise. Dig on Pirbright.
>>7904167 Planefag update.
>>7904149 Illegal campaign violation convictions.
>>7904128 U.S. senator presses for declassified report on Khashoggi's slaying.
>>7904011, >>7904134 New DJT Tweets.
>>7904065 New q anon hit piece about coronavirus
>>7904655 #10115
Previously Collected Notables
>>7901627 #10111, >>7902341 #10112, >>7903106 #10113, >>7903904 #10114
>>7898505 #10107, >>7899339 #10108, >>7900095 #10109, >>7900863 #10110
>>7895368 #10103, >>7896081 #10104, >>7896947 #10105, >>7897783 #10106
>>7892309 #10099, >>7893134 #10100, >>7893869 #10101, >>7894624 #10102
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://jthnx5wyvjvzsxtu.onion
#7906198 at 2020-01-25 03:56:54 (UTC+1)
Q Research Edition #10117: March For Life Edition
#10117
>>7906097, >>7906131, >>7906158 Initial dig on Payson, AZ Piper P28A plane crash.
>>7906083 Dubin retiring from hedge fund amid fury over Jeffrey Epstein ties.
>>7906031 WEF debuts framework for central bank digital currency.
>>7905861, >>7905898 Small plane crashes today. California and Arizona.
>>7905858 YouTube forcing moderators to sign document acknowledging possible PTSD
>>7905787 Notable, strange or unexpected deaths.
>>7905779 Boris: UK has crossed the 'Brexit finish line'.
>>7905781 Dunford joins board of Lockheed Martin.
>>7905754 Continued Space Force logo discussion.
>>7905617 POTUS's weekend schedule.
>>7905608 Another Lemon sexual assault accuser.
#7906130 at 2020-01-25 03:47:17 (UTC+1)
Q Research Edition #10117: March For Life Edition
#10117
>>7906083 Dubin retiring from hedge fund amid fury over Jeffrey Epstein ties.
>>7906031 WEF debuts framework for central bank digital currency.
>>7905861, >>7905898 Small plane crashes today. California and Arizona.
>>7905858 YouTube forcing moderators to sign document acknowledging possible PTSD
>>7905787 Notable, strange or unexpected deaths.
>>7905779 Boris: UK has crossed the 'Brexit finish line'.
>>7905781 Dunford joins board of Lockheed Martin.
>>7905754 Continued Space Force logo discussion.
>>7905617 POTUS's weekend schedule.
>>7905608 Another Lemon sexual assault accuser.
#7905351 at 2020-01-25 02:31:33 (UTC+1)
Q Research Edition #10116: The Great Excellent and Affordable Editon
Khazarians Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject: "It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Fed Director was fired, and Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish) The MSM is saying that he "resigned".
Putin also want amendments, to limit the Presidency to 2 terms and to remove all dual-citizens from government.
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7904361 at 2020-01-25 01:04:11 (UTC+1)
Q Research Edition #10115: Space Force Coast To Coast Editon
Do you know what the 'real' WMD (Weapon of Mass Destruction) was in Iraq that caused us to invade? The Iraqi banking system didn't have a central bank.
That's right. Soros, the Sauds and the Rothschilds used the Federal Government and it's Military Forces to install a central bank in Iraq, and Libya.
See how it works? America was not in control of it's 3 branches of Government. The triangle of power of the Sauds, Soros and the Rothschilds controlled our Government and the US Military. That's why we've been at War for the last 100 years.
THAT'S what this is about.
Soros - Controls Rinos and the Dem Party
Rothschild - Controls the money supply
House of Saud - controlled US Politicians and regulated energy, the commodity that nations live and die by.
Wake up. The World is not what you think it is.
#7903393 at 2020-01-24 23:18:40 (UTC+1)
Q Research Edition #10114: To Go Where No Logo Has Gone B4 Editon
Moar Climate Change Bullshit Hysteria
Financial Crisis: BIS Warns On 'Green Swan' Climate Event
Mimicking the concept of a Black Swan event, the bank for International Settlements (BIS) is warning that a 'Green Swan' climate event could trigger a financial crisis
Nassim Nicholas Taleb popularized the concept of a Black Swan event in his 2007 book, The Black Swan: The Impact of the Highly Improbable. Taleb laid out three requirements: the event must be unknown and unpredictable, it must cause a massive impact and people then try to rationalize that it really was predictable after all.
Now that the BIS has guzzled the green global warming Kool-Aid, it suggests that a 'Green Swan' event is unpredictable as to when it will occur, but is absolutely certain that it will occur.
Many central banks already contribute to the effort by monitoring climate-related risks through stress tests, incorporating environmental, social and governance criteria in pension funds, or working with banks on disclosing carbon-intensive exposure to assess potential financial-stability risks. [bank of France Governor] Villeroy says that's simply not enough however.
"The stark reality is that we are all losing the fight against climate change," Villeroy said, advocating two solutions the European central bank could discuss in its upcoming strategy review: integrating climate change in all economic and forecasting models, and overhauling the collateral framework to reflect climate-related risks.
"If central banks are to preserve financial and price stability in the age of climate change, it is in their interest to help mobilize all the forces needed to win this battle," he said. [emphasis added]
Governor Villeroy apparently reflects consensus among central bankers: we are already losing the battle against climate change, so we had better double- or triple-down our efforts to assure victory.
https://www.technocracy.news/financial-crisis-bis-warns-on-green-swan-climate-event/
#7900106 at 2020-01-24 17:41:45 (UTC+1)
Q Research General #10110: Everything Is Better With Frenz Edition
#10108
note collector
>>7898651, >>7898762 >>7898747, >>7898823, >>7898844 anons on state funeral, death valley days-Carter funeral....
>>7898653, >>7898674 Sackler son fleeing-sold townhome and "moving to switzerland"...
>>7898656 POTUS schedule today
>>7898659 London police begin operational use of Live Facial Recognition (LFR) technology
>>7898700 Impeachment Is Driving 1,000 Republican Candidates To Run For House Seats This Year- gateway pundit
>>7898705 World's Richest Are Stashing 'Large Sums' Of Cash In Vaults As Swiss bankers Rage Against Negative Rates-zh
>>7898722 Alabama Senate Candidate Tuberville Blasts Snake Jeff Sessions for Turning on President Trump-gateway pundit
>>7898729 Joe Biden Speaks in Claremont, New Hampshire-c-span link-if you are reasy to go back to sleep that is
>>7898736 anon on Afrezza (inhalable insulin) and diabetes the DS effort to collude on drugs- deep capture.com
>>7898765, >>7898781 San Fran's Newest 'Communist' D.A. Cleans House of Tough Prosecutors-capitalresearch.org
>>7898793, >>7898819 New POTUS tweet: "Jim [Jordan] is great!"
>>7898806 Pence Twat..met with Pope Frank
>>7898834 Three Al-Qaeda Terrorists from Venezuela Arrested in Colombia on Way to US; Guaidó Meets with US Leaders at Davos-gateway pundit
>>7898876, >>7899173, >>7899188 Goldman Sachs declares war on the straight, white, male corporate board-rt
>>7898890 BNO Coronavirus in chicago-woman diagnosed. tred lightly here
>>7898894 Times Square Billboard Runs Joe Biden Clip Threatening Ukrai-gateway pundit
>>7898922 Four men in Belgium accused of distributing 9mil child porn images & creating child abuse guide
baker change
>>7898945 Former Wells Fargo chief executive barred from banking industry
>>7898970 DJT rt: Gregg Jarrett on Dems power abuse
>>7898974 WEF Debuts Framework For central bank Digital Currency
>>7898975 New DJT: Schiff and Dems "angry & deranged"
>>7899009 Man Who Pushed SARS Dud Now Pushing New Chinese Virus
>>7899058, >>7899069, >>7899084 Bolivia suspends diplomatic relations with Cuba
>>7899096 How TV Normalized Abortion in 2019
>>7899207 Goldman Sachs CEO To DJ Super Bowl 2020 Party; reconcile w/ >>7898876
>>7899227 Giuliani: Venezuelan refugees want to see unconstitutional proceeding thrown out
>>7899253 Nigeria Says Official Got Bag of Cash from 'Sham' Energy Firm
>>7899302 New Boeing Black Eye: A Satellite That May Go Boom
>>7899307 Italy watchdog threatens Facebook with another fine over improper use of data
>>7899308 FBI Must "Sequester All" Information Related to Fraudulent Carter Page FISA Warrant
>>7899339 #10108
Previously Collected Notables
>>7898505 #10107
>>7895368 #10103, >>7896081 #10104, >>7896947 #10105, >>7897783 #10106
>>7892309 #10099, >>7893134 #10100, >>7893869 #10101, >>7894624 #10102
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://jthnx5wyvjvzsxtu.onion
#7899351 at 2020-01-24 16:19:46 (UTC+1)
Q Research General #10109: Melania Monday Edition
Global Announcements
>>7844760 New bakers/note-takers: plz tag notables & other key info to dough post
>>7808819, >>7808821 Jim Watkins: 88 of his domains were deplatformed by Network Solutions, DIGG UPDATED 1/14/20
Anons, plz no jpegs, tx
Notables
are not endorsements
#10108
note collector
>>7898651, >>7898762 >>7898747, >>7898823, >>7898844 anons on state funeral, death valley days-Carter funeral....
>>7898653, >>7898674 Sackler son fleeing-sold townhome and "moving to switzerland"...
>>7898656 POTUS schedule today
>>7898659 London police begin operational use of Live Facial Recognition (LFR) technology
>>7898700 Impeachment Is Driving 1,000 Republican Candidates To Run For House Seats This Year- gateway pundit
>>7898705 World's Richest Are Stashing 'Large Sums' Of Cash In Vaults As Swiss bankers Rage Against Negative Rates-zh
>>7898722 Alabama Senate Candidate Tuberville Blasts Snake Jeff Sessions for Turning on President Trump-gateway pundit
>>7898729 Joe Biden Speaks in Claremont, New Hampshire-c-span link-if you are reasy to go back to sleep that is
>>7898736 anon on Afrezza (inhalable insulin) and diabetes the DS effort to collude on drugs- deep capture.com
>>7898765, >>7898781 San Fran's Newest 'Communist' D.A. Cleans House of Tough Prosecutors-capitalresearch.org
>>7898793, >>7898819 New POTUS tweet: "Jim [Jordan] is great!"
>>7898806 Pence Twat..met with Pope Frank
>>7898834 Three Al-Qaeda Terrorists from Venezuela Arrested in Colombia on Way to US; Guaidó Meets with US Leaders at Davos-gateway pundit
>>7898876, >>7899173, >>7899188 Goldman Sachs declares war on the straight, white, male corporate board-rt
>>7898890 BNO Coronavirus in chicago-woman diagnosed. tred lightly here
>>7898894 Times Square Billboard Runs Joe Biden Clip Threatening Ukrai-gateway pundit
>>7898922 Four men in Belgium accused of distributing 9mil child porn images & creating child abuse guide
baker change
>>7898945 Former Wells Fargo chief executive barred from banking industry
>>7898970 DJT rt: Gregg Jarrett on Dems power abuse
>>7898974 WEF Debuts Framework For central bank Digital Currency
>>7898975 New DJT: Schiff and Dems "angry & deranged"
>>7899009 Man Who Pushed SARS Dud Now Pushing New Chinese Virus
>>7899058, >>7899069, >>7899084 Bolivia suspends diplomatic relations with Cuba
>>7899096 How TV Normalized Abortion in 2019
>>7899207 Goldman Sachs CEO To DJ Super Bowl 2020 Party; reconcile w/ >>7898876
>>7899227 Giuliani: Venezuelan refugees want to see unconstitutional proceeding thrown out
>>7899253 Nigeria Says Official Got Bag of Cash from 'Sham' Energy Firm
>>7899302 New Boeing Black Eye: A Satellite That May Go Boom
>>7899307 Italy watchdog threatens Facebook with another fine over improper use of data
>>7899308 FBI Must "Sequester All" Information Related to Fraudulent Carter Page FISA Warrant
>>7899339 #10108
#7899339 at 2020-01-24 16:18:34 (UTC+1)
Q Research General #10108: We Caught 'Em All Edition
#10108
note collector
>>7898651, >>7898762 >>7898747, >>7898823, >>7898844 anons on state funeral, death valley days-Carter funeral....
>>7898653, >>7898674 Sackler son fleeing-sold townhome and "moving to switzerland"...
>>7898656 POTUS schedule today
>>7898659 London police begin operational use of Live Facial Recognition (LFR) technology
>>7898700 Impeachment Is Driving 1,000 Republican Candidates To Run For House Seats This Year- gateway pundit
>>7898705 World's Richest Are Stashing 'Large Sums' Of Cash In Vaults As Swiss bankers Rage Against Negative Rates-zh
>>7898722 Alabama Senate Candidate Tuberville Blasts Snake Jeff Sessions for Turning on President Trump-gateway pundit
>>7898729 Joe Biden Speaks in Claremont, New Hampshire-c-span link-if you are reasy to go back to sleep that is
>>7898736 anon on Afrezza (inhalable insulin) and diabetes the DS effort to collude on drugs- deep capture.com
>>7898765, >>7898781 San Fran's Newest 'Communist' D.A. Cleans House of Tough Prosecutors-capitalresearch.org
>>7898793, >>7898819 New POTUS tweet: "Jim [Jordan] is great!"
>>7898806 Pence Twat..met with Pope Frank
>>7898834 Three Al-Qaeda Terrorists from Venezuela Arrested in Colombia on Way to US; Guaidó Meets with US Leaders at Davos-gateway pundit
>>7898876, >>7899173, >>7899188 Goldman Sachs declares war on the straight, white, male corporate board-rt
>>7898890 BNO Coronavirus in chicago-woman diagnosed. tred lightly here
>>7898894 Times Square Billboard Runs Joe Biden Clip Threatening Ukrai-gateway pundit
>>7898922 Four men in Belgium accused of distributing 9mil child porn images & creating child abuse guide
baker change
>>7898945 Former Wells Fargo chief executive barred from banking industry
>>7898970 DJT rt: Gregg Jarrett on Dems power abuse
>>7898974 WEF Debuts Framework For central bank Digital Currency
>>7898975 New DJT: Schiff and Dems "angry & deranged"
>>7899009 Man Who Pushed SARS Dud Now Pushing New Chinese Virus
>>7899058, >>7899069, >>7899084 Bolivia suspends diplomatic relations with Cuba
>>7899096 How TV Normalized Abortion in 2019
>>7899207 Goldman Sachs CEO To DJ Super Bowl 2020 Party; reconcile w/ >>7898876
>>7899227 Giuliani: Venezuelan refugees want to see unconstitutional proceeding thrown out
>>7899253 Nigeria Says Official Got Bag of Cash from 'Sham' Energy Firm
>>7899302 New Boeing Black Eye: A Satellite That May Go Boom
>>7899307 Italy watchdog threatens Facebook with another fine over improper use of data
>>7899308 FBI Must "Sequester All" Information Related to Fraudulent Carter Page FISA Warrant
#7899279 at 2020-01-24 16:12:08 (UTC+1)
Q Research General #10108: We Caught 'Em All Edition
#10108
LAST CALL
note collector
>>7898651, >>7898762 >>7898747, >>7898823, >>7898844 anons on state funeral, death valley days-Carter funeral....
>>7898653, >>7898674 Sackler son fleeing-sold townhome and "moving to switzerland"...
>>7898656 POTUS schedule today
>>7898659 London police begin operational use of Live Facial Recognition (LFR) technology
>>7898700 Impeachment Is Driving 1,000 Republican Candidates To Run For House Seats This Year- gateway pundit
>>7898705 World's Richest Are Stashing 'Large Sums' Of Cash In Vaults As Swiss bankers Rage Against Negative Rates-zh
>>7898722 Alabama Senate Candidate Tuberville Blasts Snake Jeff Sessions for Turning on President Trump-gateway pundit
>>7898729 Joe Biden Speaks in Claremont, New Hampshire-c-span link-if you are reasy to go back to sleep that is
>>7898736 anon on Afrezza (inhalable insulin) and diabetes the DS effort to collude on drugs- deep capture.com
>>7898765, >>7898781 San Fran's Newest 'Communist' D.A. Cleans House of Tough Prosecutors-capitalresearch.org
>>7898793, >>7898819 New POTUS tweet: "Jim [Jordan] is great!"
>>7898806 Pence Twat..met with Pope Frank
>>7898834 Three Al-Qaeda Terrorists from Venezuela Arrested in Colombia on Way to US; Guaidó Meets with US Leaders at Davos-gateway pundit
>>7898876, >>7899173, >>7899188 Goldman Sachs declares war on the straight, white, male corporate board-rt
>>7898890 BNO Coronavirus in chicago-woman diagnosed. tred lightly here
>>7898894 Times Square Billboard Runs Joe Biden Clip Threatening Ukrai-gateway pundit
>>7898922 Four men in Belgium accused of distributing 9mil child porn images & creating child abuse guide
baker change
>>7898945 Former Wells Fargo chief executive barred from banking industry
>>7898970 DJT rt: Gregg Jarrett on Dems power abuse
>>7898974 WEF Debuts Framework For central bank Digital Currency
>>7898975 New DJT: Schiff and Dems "angry & deranged"
>>7899009 Man Who Pushed SARS Dud Now Pushing New Chinese Virus
>>7899058, >>7899069, >>7899084 Bolivia suspends diplomatic relations with Cuba
>>7899096 How TV Normalized Abortion in 2019
>>7899207 Goldman Sachs CEO To DJ Super Bowl 2020 Party; reconcile w/ >>7898876
>>7899227 Giuliani: Venezuelan refugees want to see unconstitutional proceeding thrown out
>>7899253 Nigeria Says Official Got Bag of Cash from 'Sham' Energy Firm
#7899253 at 2020-01-24 16:09:00 (UTC+1)
Q Research General #10108: We Caught 'Em All Edition
Nigeria Says Official Got Bag of Cash from 'Sham' Energy Firm
Nigeria, trying to overturn a $9.6 billion legal debt, is alleging that suspicious payments were made to officials involved in the award of a 20-year gas supply contract to a little-known offshore firm.
New evidence from an investigation into the 2010 deal between Africa's largest economy and Process & Industrial Developments Ltd. leaves no doubt that it was a "sham," Nigeria said in documents presented at a hearing in London Friday. P&ID, which has won several judgments against Nigeria for failing to honor the agreement, has denied all wrongdoing. The disputed sum is worth a quarter of the country's foreign reserves.
A probe by the Nigerian anti-fraud agency into the P&ID case is ongoing, and "continuing to uncover new evidence of fraud and corruption on a regular basis," Nigeria said in the documents. Its lawyers pointed to a recent admission by Taofiq Tijani, a technical adviser to the petroleum ministry at the time, that he had received $50,000 in a "black bag" after meeting P&ID founder Michael Quinn.
Tijani used a $44,000 payment from a P&ID-linked company in 2014, four years after the deal was signed, to fund his son's wedding, according to Nigeria's filings. Both Tijani and a government lawyer who witnessed the contract "received suspicious payments from offshore companies connected to P&ID," Nigeria alleged.
Tijani wasn't present at the London hearing, where P&ID is trying to enforce its claim, and Nigeria is trying to overturn the earlier decision.
"I have the right to remain silent," he said when reached by phone.
The P&ID case began as a private legal dispute in a London arbitration forum and has erupted into a corruption scandal that has affected Nigerian central bank policy and hurt the country's ability to borrow on debt markets. Nigeria has argued that P&ID had neither the ability nor the intention to build a gas power plant in the oil-rich Niger Delta, and that its deceased founder Quinn, a former music manager, was involved in fraud.
A tribunal of arbitrators ordered Nigeria to pay P&ID damages of $6.6 billion plus interest in January 2017 and the English High Court authorized the firm to enforce the award in September.
P&ID's spokesmen didn't immediately comment when reached by email. The firm said in December that the probe was "bogus" and "a desperate ploy by Nigeria to evade a legal judgment," after investigators issued an arrest warrant for Quinn's son in Ireland.
The hearing in London on Friday was held to determine a timetable for resolving Nigeria's appeal. P&ID is seeking a swift determination of the issues, Nigeria's lawyers said, "no doubt aware that fuller consideration will show the vast fraud perpetrated on Nigeria, and P&ID's attempt to use the English courts as a vehicle of that fraud." A trial on the validity of the contract may be held as soon as April 2020.
https://www.bloomberg.com//news/articles/2020-01-24/nigeria-says-official-got-bag-of-cash-from-sham-energy-firm
#7899179 at 2020-01-24 16:00:52 (UTC+1)
Q Research General #10108: We Caught 'Em All Edition
#10108 @550
note collector
>>7898651, >>7898762 >>7898747, >>7898823, >>7898844 anons on state funeral, death valley days-Carter funeral....
>>7898653, >>7898674 Sackler son fleeing-sold townhome and "moving to switzerland"...
>>7898656 POTUS schedule today
>>7898659 London police begin operational use of Live Facial Recognition (LFR) technology
>>7898700 Impeachment Is Driving 1,000 Republican Candidates To Run For House Seats This Year- gateway pundit
>>7898705 World's Richest Are Stashing 'Large Sums' Of Cash In Vaults As Swiss bankers Rage Against Negative Rates-zh
>>7898722 Alabama Senate Candidate Tuberville Blasts Snake Jeff Sessions for Turning on President Trump-gateway pundit
>>7898729 Joe Biden Speaks in Claremont, New Hampshire-c-span link-if you are reasy to go back to sleep that is
>>7898736 anon on Afrezza (inhalable insulin) and diabetes the DS effort to collude on drugs- deep capture.com
>>7898765, >>7898781 San Fran's Newest 'Communist' D.A. Cleans House of Tough Prosecutors-capitalresearch.org
>>7898793, >>7898819 New POTUS tweet: "Jim [Jordan] is great!"
>>7898806 Pence Twat..met with Pope Frank
>>7898834 Three Al-Qaeda Terrorists from Venezuela Arrested in Colombia on Way to US; Guaidó Meets with US Leaders at Davos-gateway pundit
>>7898876 Goldman Sachs declares war on the straight, white, male corporate board-rt
>>7898890 BNO Coronavirus in chicago-woman diagnosed. tred lightly here
>>7898894 Times Square Billboard Runs Joe Biden Clip Threatening Ukrai-gateway pundit
>>7898922 Four men in Belgium accused of distributing 9mil child porn images & creating child abuse guide
baker picks up from note collector
>>7898945 Former Wells Fargo chief executive barred from banking industry
>>7898970 DJT rt: Gregg Jarrett on Dems power abuse
>>7898974 WEF Debuts Framework For central bank Digital Currency
>>7898975 New DJT: Schiff and Dems "angry & deranged"
>>7899009 Man Who Pushed SARS Dud Now Pushing New Chinese Virus
>>7899058, >>7899069, >>7899084 Bolivia suspends diplomatic relations with Cuba
>>7899096 How TV Normalized Abortion in 2019
baker needs handoff NB or ghost
>>>7899069
>>>7899084
>>>7899096 How TV Normalized Abortion in 2019
#7898974 at 2020-01-24 15:38:15 (UTC+1)
Q Research General #10108: We Caught 'Em All Edition
Closer Everyday
WEF Debuts Framework For central bank Digital Currency
TN has documented the headlong rush of central banks toward digital/blockchain currency in order to replace physical currencies. This will be the new financial system for Sustainable Development, aka Technocracy. ? TN Editor
The World Economic Forum (WEF) - together with some of the world's major central banks - has created a central bank digital currency (CBDC) policymaker toolkit.
According to an announcement on Jan. 22, the toolkit is the WEF's attempt to help policy-makers understand whether deploying a CBDC would be advantageous and guide them through its design.
The WEF collaborated with regulators, central bank researchers, international organizations and experts from over 40 institutions to develop the framework. The head of blockchain and distributed ledger technology (DLT) at the World Economic Forum Sheila Warren explained:
"Given the critical roles central banks play in the global economy, any central bank digital currency implementation, including potentially with blockchain technology, will have a profound impact domestically and internationally. [...] It is imperative that central banks proceed cautiously, with a rigorous analysis of the opportunities and challenges posed."
https://www.technocracy.news/wef-debuts-framework-for-central-bank-digital-currency/
#7898705 at 2020-01-24 15:01:31 (UTC+1)
Q Research General #10108: We Caught 'Em All Edition
World's Richest Are Stashing 'Large Sums' Of Cash In Vaults As Swiss bankers Rage Against Negative Rates
Finally, somebody at Davos is talking about something other than the weather…
Davos's wealthiest denizens have reportedly been laser-focused on the issue of climate change and it's potential impact on the global economy and markets this year - and the Trump vs. Greta drama has only stoked interest - but apparently at least one of the hundreds of reports combing the town's ritzy resorts has found a couple of bankers willing to discuss what's really bothering the industry.
And to our complete lack of surprise, that boogeyman is negative interest rate.
Now that the Fed has finished with its 'midterm adjustment', no other central bank in the developed world is going to have the courage to lift rates off the zero bound, particularly as the Continental economy careens toward a recession.
But as the rate compression continues to punish European banks, placing them at a significant disadvantage to their American peers (just look at what's going on with Deutsche bank), some of the wealthy customers whom the banks have leaned on to try and make up for their lost revenues are deciding to pull their money and stash it under the mattress instead.
Because at least then they won't need to pay points on their deposits.
According to CNN, several Swiss private bankers roaming the halls of Davos have said that clients have asked to withdraw large sums of cash so they can store it themselves, in a vault or in some other type of secure facility. The trend is beginning to wear on Switzerland's reputation as a safe and amenable locale for the world's wealthy to stash their cash.
"A lot of people [are] thinking about what they should do, and alternatives to this," said Adriel Jost, head of economics at Wellershoff & Partners, a consultancy based in Zurich.
Davos denizen Norman Villamin, chief investment officer for private banking at Switzerland's UBP, said a limited number of clients have moved their cash into private storage. Some may have sold their business or a home recently, and "can't deploy the cash all in one go," he explained.
Private banker Rahn+Bodmer also said some clients had asked for at least some of their money back in cash.
"We tell the client, watch out - it's your money," said R+B partner Martin Bidermann. Many have chosen to move their money anyway.
According to CNN, Swiss banks generally try to avoid passing costs on to customers like this, and will only charge such outrageous fees when net interest margin no longer exists. For five years, Swiss banks have struggled with some of the steepest negative rates in Europe, a monetary framework designed to keep the Swiss franc from appreciating (remember the explosion of volatility that ensued when the Swiss de-pegged the franc from the euro five years ago?).
But banks are being charged an outrageous rate to store excess reserves at the central bank. The SNB has maintained a policy rate of -0.75% at its December meeting, while signaling that rates will likely remain on hold at least through next year. This has forced many large Swiss banks, including Credit Suisse and UBS, to charge a negative interest rate on some of their largest customer deposits.
Of course, for clients who insist on holding their money in physical cash, devising a storage plan will take some work. Clients will need to figure out the logistics of safely storing the money. It would also be wise to ensure the cash, which will eat into the profit margin of keeping it in a vault instead of a bank.
Interestingly, CNN noted that according to SNB data, the amount of cash in circulation hasn't climbed in recent years. That could mean one of two things: either this 'trend piece' is based on conversations with one or two boastful individuals, or the SNB is being deliberately obfuscating.
Either way, if large cash deposits are flowing out of the banking system, at some point, the franc should depreciate, which in turn might put the SNB in the uncomfortable position of trying to justify for continuing with its negative rates even as the currency sinks.
https://www.zerohedge.com/markets/swiss-bankers-complain-clients-who-hate-negative-rates-are-stashing-large-sums-cash-vaults
#7898162 at 2020-01-24 13:17:02 (UTC+1)
Q Research General #10107: Insufficient Predication Edition
>>7896524 (pb)
There was a comment in this past bread notable post-
"Next on the horizon is central banks. POTUS, Putin and Xi are already strangling their respective central banks (for us the Fed Reserve) through trade and the central banks (Fed) are getting desperate."
How does trade agreements strangle the central banks? Is money sent to the Treasury from tariffs isolated from central bank?
I've been under the impression that POTUS is out to bankrupt the Fed by excessive borrowing coupled with cutting tax revenues. Is there something with tariffs that play into this?
#7895813 at 2020-01-24 04:03:25 (UTC+1)
Q Research General #10104: Nothing Like Trolling Hussein From From AF1 Edition
$180 Billion Asset Manager: "There Is No Way Out, Fed Policies Can No Longer Be Exited Without Provoking The Next Crisis"
When just over three years ago, TCW's Chief Investment Officer in Fixed Income, Tad Rivelle, who oversees roughly $180BN in assets, or more than Jeff Gundlach, stated that we are now living through the third consecutive asset bubble in a row, "the central bankers' bubble" which followed the dot com and housing bubbles…
… he naturally caused a stir as back then he was still one of the first established professionals to confirm and admit that this particular "tinfoil conspiracy theory" website had been right all along: the market's performance was entirely due to the Fed, and that the longer the Fed's "emergency" measures continued, the more locked in the central bank would be as the reverse process, namely price discovery without Fed intervention, would result in a catastrophic crisis that could even lead to global war.
A few years later, Tad Rivelle's then shocking report would have barely registered, as it is now common knowledge that every single market is distorted beyond comprehension due to Fed policies (with a handful of idiots still pretending that's not true), and while everyone knows that continued central bank intervention will only make the ensuing final crash that much greater, nobody has any idea how to detach the Fed from capital markets.
Which brings us to Rivelle's latest note, which while far less controversial this time, still manages to hit the nail on the head with punchlines which once again excoriates the "free market" for becoming more centrally planned than the USSR had ever hoped to become.
We urge everyone to read it.
https://www.zerohedge.com/markets/180-billion-asset-manager-there-no-way-out-fed-policies-can-no-longer-be-exited-without
#7895251 at 2020-01-24 03:16:01 (UTC+1)
Q Research General #10103: Anon hits up C-span, "We diggin" Edition
Goldman Sachs: The Vampire Squid's Alum Control Two Fed banks, the U.S. Treasury, the European central bank and the bank of England
The head of the Federal Reserve bank of Dallas (Robert S. Kaplan), the head of the Federal Reserve bank of Minneapolis (Neel Kashkari), the Secretary of the U.S. Treasury (Steve Mnuchin), the President of the European central bank (Mario Draghi) and the head of the bank of England (Mark Carney) all have two things in common: they sit atop vast amounts of money and they are all alums of Goldman Sachs. In addition, the immediate past President of the Federal Reserve bank of New York, William Dudley, which secretly sluiced over $29 trillion to bail out Wall Street banks during the financial crisis and has now opened its money spigot for trillions of dollars more, worked at Goldman Sachs for more than two decades, rising to the rank of partner and U.S. Chief Economist.
Today, Goldman Sachs is under a criminal investigation by the U.S. Department of Justice and under a criminal indictment by Malaysia for its role in bribery and embezzlement of its sovereign wealth fund known as 1MDB.
Gary Cohn, the sitting President and Chief Operating Officer of Goldman, was picked by Trump to lead the National Economic Council and be his chief strategist in developing his economic policy. In the two years prior to the 2008 financial crash on Wall Street, Cohn was Co-President of Goldman. Cohn became a multi-millionaire from the business done in those years, earning $27.5 million in restricted stock and options just in the year 2006.
Mnuchin is hardly the first Goldman Sachs alum to serve as U.S. Treasury Secretary. Robert Rubin was U.S. Treasury Secretary in the Bill Clinton presidency. Rubin was a long-tenured partner at Goldman Sachs who rose to the rank of Co-Chairman of the firm. Rubin was a key player in the repeal of the Glass-Steagall Act during the Clinton administration. Glass-Steagall had kept the U.S. financial system safe for 66 years by banning Wall Street's trading houses from owning federally-insured, deposit-taking banks. Just nine years after the repeal, Wall Street would collapse again in a replay of 1929 - another period when Wall Street's trading houses owned deposit-taking banks and used the funds to make fatal, speculative gambles.
Henry (Hank) Paulson served as U.S. Treasury Secretary in the George W. Bush administration and was on hand to make sure Wall Street got its massive bailout in 2008 during the worst financial crash since the Great Depression. Paulson received a massive windfall on his sale of his $480 million in Goldman Sachs' stock when he left Goldman as CEO to become U.S. Treasury Secretary in 2006, getting out ahead of the details of Goldman's role in the subprime debt crisis.
Sometimes the revolving door swings the other way at Goldman Sachs. E. Gerald Corrigan served as the President of the New York Fed from 1985 to 1993. One year later, Corrigan was on the payroll of Goldman Sachs as a Managing Director. He made partner two years later and worked there for the next 22 years.
After landing at Goldman, Corrigan co-chaired a secretive group that was made up of the chief risk officers of the Wall Street banks. It was called the Counterparty Risk Management Policy Group (CRMPG). The group's plan was to periodically release erudite-sounding reports to regulators suggesting that Wall Street could police itself under a set of "Guiding Principles" in order to escape further scrutiny or regulation of its insane levels of derivatives.
Representatives from banks like Lehman Brothers, Citigroup, Bear Stearns and Merrill Lynch sat on key committees of the Group and helped to formulate the "Guiding Principles" for Wall Street. Lehman Brothers filed bankruptcy on September 15, 2008 - just five weeks after a report from the group on managing risk was released. One day before the Lehman collapse, Merrill Lynch had collapsed into the arms of bank of America. In March of that year, Bear Stearns had flamed out spectacularly and was absorbed by JPMorgan with billions of dollars in help from the New York Fed. Also in 2008, Citigroup received the largest taxpayer bailout in U.S. history. It was later revealed by the Government Accountability Office that Citigroup had also secretly received over $2.5 trillion in cumulative, below-market, loans from the New York Fed - a significant part of which were made against collateral of junk bonds and stocks, which were in freefall at the time the New York Fed accepted them as collateral.
https://wallstreetonparade.com/2020/01/goldman-sachs-the-vampire-squids-alum-control-two-fed-banks-the-u-s-treasury-the-european-central-bank-and-the-bank-of-england/
#7894370 at 2020-01-24 02:06:52 (UTC+1)
Q Research General #10102: The State Funeral Dead Pool Edition
Khazarian Jews Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish) The MSM is saying that he "resigned".
Putin also want amendments, to eliminate dual-citizens in government, and limit the Presidency to 2 terms.
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7890820 at 2020-01-23 22:15:05 (UTC+1)
Q Research General #10098: Rubber bullets sting but do not last Edition
#10093
>>7887076, >>7887330, >>7887557 Fly Eyes in the Sky
>>7887116, >>7887479, >>7887624 Boats Ahoy/China watch on
>>7887574 Turkey to debate new 'marry your rapist' law in parliament
>>7887506 U.S. Treasury Secretary: Post-Brexit Trade Deal to Be Inked by End of Year
>>7887494 Large Explosions Rock Apartments in Swedish No-Go Suburbs
>>7887416 Q review: UK cleaning house
>>7887388 Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
>>7887372 Rudy Fires Warning Shot - Going to Release Evidence on the Biden's Millions in Corrupt Deeds!
>>7887307, >>7887364 Lindsey Graham Congratulates Adam Schiff: "Good Job, You're Very Well Spoken" Popcorn Time! Enjoy the Show
>>7887305 Wuhan diggz
>>7887292 Boom! Rudy being saved for a witness
>>7887289, >>7887320 Corona diggz Important
>>7887259 Graham droppin truth bombs vid
>>7887249, >>7887454 ** Beginning January 24, 2020, the State Department will no longer issue temporary visitor (B-1/B-2) visas to aliens seeking to enter the United States for "birth tourism"
>>7887102 Julian Assange may not get US press protection
>>7887069 Archive Update "Return Fire"Edition I added #10076 to #10092 and updated the checksums
>>7887065, >>7887444 Anon decode of Potus misspelling AS + moar
>>7887046 Department of Justice Joins Federal Law Enforcement Training Centers for Human Trafficking Roundtable
>>7887032 @USMC Marines Assemble
>>7886968, >>7886992 New Q 17 minutes after last POTUS tweet
>>7886919, >>7886936, >>7886945, >>7886953, >>7886958, >>7886969, >>7886971, >>7887072 When POTUS retweets a meme you made 2 years ago...
>>7886912 Portugal police: banker in Angola scandal hangs himself
>>7886890 US cancer centre leaders secretly worked for China, internal report finds
>>7886825, >>7886859 Q drop
>>7887691 #10093
Previously Collected Notables
>>7886004 #10091, >>7886779 #10092
>>7882796 #10087, >>7883609 #10088, >>7884402 #10089, >>7885226 #10090
>>7879770 #10083, >>7880518 #10084, >>7881322 #10085, >>7882099 #10086
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://jthnx5wyvjvzsxtu.onion
#7890062 at 2020-01-23 21:23:58 (UTC+1)
Q Research General #10097: POTUS [hops] Edition
#10093
>>7887076, >>7887330, >>7887557 Fly Eyes in the Sky
>>7887116, >>7887479, >>7887624 Boats Ahoy/China watch on
>>7887574 Turkey to debate new 'marry your rapist' law in parliament
>>7887506 U.S. Treasury Secretary: Post-Brexit Trade Deal to Be Inked by End of Year
>>7887494 Large Explosions Rock Apartments in Swedish No-Go Suburbs
>>7887416 Q review: UK cleaning house
>>7887388 Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
>>7887372 Rudy Fires Warning Shot - Going to Release Evidence on the Biden's Millions in Corrupt Deeds!
>>7887307, >>7887364 Lindsey Graham Congratulates Adam Schiff: "Good Job, You're Very Well Spoken" Popcorn Time! Enjoy the Show
>>7887305 Wuhan diggz
>>7887292 Boom! Rudy being saved for a witness
>>7887289, >>7887320 Corona diggz Important
>>7887259 Graham droppin truth bombs vid
>>7887249, >>7887454 ** Beginning January 24, 2020, the State Department will no longer issue temporary visitor (B-1/B-2) visas to aliens seeking to enter the United States for "birth tourism"
>>7887102 Julian Assange may not get US press protection
>>7887069 Archive Update "Return Fire"Edition I added #10076 to #10092 and updated the checksums
>>7887065, >>7887444 Anon decode of Potus misspelling AS + moar
>>7887046 Department of Justice Joins Federal Law Enforcement Training Centers for Human Trafficking Roundtable
>>7887032 @USMC Marines Assemble
>>7886968, >>7886992 New Q 17 minutes after last POTUS tweet
>>7886919, >>7886936, >>7886945, >>7886953, >>7886958, >>7886969, >>7886971, >>7887072 When POTUS retweets a meme you made 2 years ago...
>>7886912 Portugal police: banker in Angola scandal hangs himself
>>7886890 US cancer centre leaders secretly worked for China, internal report finds
>>7886825, >>7886859 Q drop
>>7887691 #10093
Previously Collected Notables
>>7886004 #10091, >>7886779 #10092
>>7882796 #10087, >>7883609 #10088, >>7884402 #10089, >>7885226 #10090
>>7879770 #10083, >>7880518 #10084, >>7881322 #10085, >>7882099 #10086
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://jthnx5wyvjvzsxtu.onion
#7889298 at 2020-01-23 20:36:25 (UTC+1)
Q Research General #10096: Corrupt [D]s fighting for their lives Edition
#10093
>>7887076, >>7887330, >>7887557 Fly Eyes in the Sky
>>7887116, >>7887479, >>7887624 Boats Ahoy/China watch on
>>7887574 Turkey to debate new 'marry your rapist' law in parliament
>>7887506 U.S. Treasury Secretary: Post-Brexit Trade Deal to Be Inked by End of Year
>>7887494 Large Explosions Rock Apartments in Swedish No-Go Suburbs
>>7887416 Q review: UK cleaning house
>>7887388 Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
>>7887372 Rudy Fires Warning Shot - Going to Release Evidence on the Biden's Millions in Corrupt Deeds!
>>7887307, >>7887364 Lindsey Graham Congratulates Adam Schiff: "Good Job, You're Very Well Spoken" Popcorn Time! Enjoy the Show
>>7887305 Wuhan diggz
>>7887292 Boom! Rudy being saved for a witness
>>7887289, >>7887320 Corona diggz Important
>>7887259 Graham droppin truth bombs vid
>>7887249, >>7887454 ** Beginning January 24, 2020, the State Department will no longer issue temporary visitor (B-1/B-2) visas to aliens seeking to enter the United States for "birth tourism"
>>7887102 Julian Assange may not get US press protection
>>7887069 Archive Update "Return Fire"Edition I added #10076 to #10092 and updated the checksums
>>7887065, >>7887444 Anon decode of Potus misspelling AS + moar
>>7887046 Department of Justice Joins Federal Law Enforcement Training Centers for Human Trafficking Roundtable
>>7887032 @USMC Marines Assemble
>>7886968, >>7886992 New Q 17 minutes after last POTUS tweet
>>7886919, >>7886936, >>7886945, >>7886953, >>7886958, >>7886969, >>7886971, >>7887072 When POTUS retweets a meme you made 2 years ago...
>>7886912 Portugal police: banker in Angola scandal hangs himself
>>7886890 US cancer centre leaders secretly worked for China, internal report finds
>>7886825, >>7886859 Q drop
>>7887691 #10093
Previously Collected Notables
>>7886004 #10091, >>7886779 #10092
>>7882796 #10087, >>7883609 #10088, >>7884402 #10089, >>7885226 #10090
>>7879770 #10083, >>7880518 #10084, >>7881322 #10085, >>7882099 #10086
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://jthnx5wyvjvzsxtu.onion
#7888530 at 2020-01-23 19:33:21 (UTC+1)
Q Research General #10095: Q'd for Freedom Day! Edition
#10093
>>7887076, >>7887330, >>7887557 Fly Eyes in the Sky
>>7887116, >>7887479, >>7887624 Boats Ahoy/China watch on
>>7887574 Turkey to debate new 'marry your rapist' law in parliament
>>7887506 U.S. Treasury Secretary: Post-Brexit Trade Deal to Be Inked by End of Year
>>7887494 Large Explosions Rock Apartments in Swedish No-Go Suburbs
>>7887416 Q review: UK cleaning house
>>7887388 Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
>>7887372 Rudy Fires Warning Shot - Going to Release Evidence on the Biden's Millions in Corrupt Deeds!
>>7887307, >>7887364 Lindsey Graham Congratulates Adam Schiff: "Good Job, You're Very Well Spoken" Popcorn Time! Enjoy the Show
>>7887305 Wuhan diggz
>>7887292 Boom! Rudy being saved for a witness
>>7887289, >>7887320 Corona diggz Important
>>7887259 Graham droppin truth bombs vid
>>7887249, >>7887454 ** Beginning January 24, 2020, the State Department will no longer issue temporary visitor (B-1/B-2) visas to aliens seeking to enter the United States for "birth tourism"
>>7887102 Julian Assange may not get US press protection
>>7887069 Archive Update "Return Fire"Edition I added #10076 to #10092 and updated the checksums
>>7887065, >>7887444 Anon decode of Potus misspelling AS + moar
>>7887046 Department of Justice Joins Federal Law Enforcement Training Centers for Human Trafficking Roundtable
>>7887032 @USMC Marines Assemble
>>7886968, >>7886992 New Q 17 minutes after last POTUS tweet
>>7886919, >>7886936, >>7886945, >>7886953, >>7886958, >>7886969, >>7886971, >>7887072 When POTUS retweets a meme you made 2 years ago...
>>7886912 Portugal police: banker in Angola scandal hangs himself
>>7886890 US cancer centre leaders secretly worked for China, internal report finds
>>7886825, >>7886859 Q drop
>>7887691 #10093
Previously Collected Notables
>>7886004 #10091, >>7886779 #10092
>>7882796 #10087, >>7883609 #10088, >>7884402 #10089, >>7885226 #10090
>>7879770 #10083, >>7880518 #10084, >>7881322 #10085, >>7882099 #10086
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://jthnx5wyvjvzsxtu.onion
#7887702 at 2020-01-23 18:12:31 (UTC+1)
Q Research General #10094: When Potus RT's a Meme You Made! Edition
Global Announcements
>>7844760 New bakers/note-takers: plz tag notables & other key info to dough post
>>7808819, >>7808821 Jim Watkins: 88 of his domains were deplatformed by Network Solutions, DIGG UPDATED 1/14/20
Anons, plz no jpegs, tx
Notables
are not endorsements
#10093
>>7887076, >>7887330, >>7887557 Fly Eyes in the Sky
>>7887116, >>7887479, >>7887624 Boats Ahoy/China watch on
>>7887574 Turkey to debate new 'marry your rapist' law in parliament
>>7887506 U.S. Treasury Secretary: Post-Brexit Trade Deal to Be Inked by End of Year
>>7887494 Large Explosions Rock Apartments in Swedish No-Go Suburbs
>>7887416 Q review: UK cleaning house
>>7887388 Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
>>7887372 Rudy Fires Warning Shot - Going to Release Evidence on the Biden's Millions in Corrupt Deeds!
>>7887307, >>7887364 Lindsey Graham Congratulates Adam Schiff: "Good Job, You're Very Well Spoken" Popcorn Time! Enjoy the Show
>>7887305 Wuhan diggz
>>7887292 Boom! Rudy being saved for a witness
>>7887289, >>7887320 Corona diggz Important
>>7887259 Graham droppin truth bombs vid
>>7887249, >>7887454 ** Beginning January 24, 2020, the State Department will no longer issue temporary visitor (B-1/B-2) visas to aliens seeking to enter the United States for "birth tourism"
>>7887102 Julian Assange may not get US press protection
>>7887069 Archive Update "Return Fire"Edition I added #10076 to #10092 and updated the checksums
>>7887065, >>7887444 Anon decode of Potus misspelling AS + moar
>>7887046 Department of Justice Joins Federal Law Enforcement Training Centers for Human Trafficking Roundtable
>>7887032 @USMC Marines Assemble
>>7886968, >>7886992 New Q 17 minutes after last POTUS tweet
>>7886919, >>7886936, >>7886945, >>7886953, >>7886958, >>7886969, >>7886971, >>7887072 When POTUS retweets a meme you made 2 years ago...
>>7886912 Portugal police: banker in Angola scandal hangs himself
>>7886890 US cancer centre leaders secretly worked for China, internal report finds
>>7886825, >>7886859 Q drop
>>7887691 #10093
#7887691 at 2020-01-23 18:11:33 (UTC+1)
Q Research General #10093: 53-47 Is Working! Edition
#10093
>>7887076, >>7887330, >>7887557 Fly Eyes in the Sky
>>7887116, >>7887479, >>7887624 Boats Ahoy/China watch on
>>7887574 Turkey to debate new 'marry your rapist' law in parliament
>>7887506 U.S. Treasury Secretary: Post-Brexit Trade Deal to Be Inked by End of Year
>>7887494 Large Explosions Rock Apartments in Swedish No-Go Suburbs
>>7887416 Q review: UK cleaning house
>>7887388 Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
>>7887372 Rudy Fires Warning Shot - Going to Release Evidence on the Biden's Millions in Corrupt Deeds!
>>7887307, >>7887364 Lindsey Graham Congratulates Adam Schiff: "Good Job, You're Very Well Spoken" Popcorn Time! Enjoy the Show
>>7887305 Wuhan diggz
>>7887292 Boom! Rudy being saved for a witness
>>7887289, >>7887320 Corona diggz Important
>>7887259 Graham droppin truth bombs vid
>>7887249, >>7887454 ** Beginning January 24, 2020, the State Department will no longer issue temporary visitor (B-1/B-2) visas to aliens seeking to enter the United States for "birth tourism"
>>7887102 Julian Assange may not get US press protection
>>7887069 Archive Update "Return Fire"Edition I added #10076 to #10092 and updated the checksums
>>7887065, >>7887444 Anon decode of Potus misspelling AS + moar
>>7887046 Department of Justice Joins Federal Law Enforcement Training Centers for Human Trafficking Roundtable
>>7887032 @USMC Marines Assemble
>>7886968, >>7886992 New Q 17 minutes after last POTUS tweet
>>7886919, >>7886936, >>7886945, >>7886953, >>7886958, >>7886969, >>7886971, >>7887072 When POTUS retweets a meme you made 2 years ago...
>>7886912 Portugal police: banker in Angola scandal hangs himself
>>7886890 US cancer centre leaders secretly worked for China, internal report finds
>>7886825, >>7886859 Q drop
#10093
#7887665 at 2020-01-23 18:08:58 (UTC+1)
Q Research General #10093: 53-47 Is Working! Edition
>>7887656
Notables
>>7887076, >>7887330, >>7887557 Fly Eyes in the Sky
>>7887116, >>7887479, >>7887624 Boats Ahoy/China watch on
>>7887574 Turkey to debate new 'marry your rapist' law in parliament
>>7887506 U.S. Treasury Secretary: Post-Brexit Trade Deal to Be Inked by End of Year
>>7887494 Large Explosions Rock Apartments in Swedish No-Go Suburbs
>>7887416 Q review: UK cleaning house
>>7887388 Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
>>7887372 Rudy Fires Warning Shot - Going to Release Evidence on the Biden's Millions in Corrupt Deeds!
>>7887307, >>7887364 Lindsey Graham Congratulates Adam Schiff: "Good Job, You're Very Well Spoken" Popcorn Time! Enjoy the Show
>>7887305 Wuhan diggz
>>7887292 Boom! Rudy being saved for a witness
>>7887289, >>7887320 Corona diggz Important
>>7887259 Graham droppin truth bombs vid
>>7887249, >>7887454 ** Beginning January 24, 2020, the State Department will no longer issue temporary visitor (B-1/B-2) visas to aliens seeking to enter the United States for "birth tourism"
>>7887102 Julian Assange may not get US press protection
>>7887069 Archive Update "Return Fire"Edition I added #10076 to #10092 and updated the checksums
>>7887065, >>7887444 Anon decode of Potus misspelling AS + moar
>>7887046 Department of Justice Joins Federal Law Enforcement Training Centers for Human Trafficking Roundtable
>>7887032 @USMC Marines Assemble
>>7886968, >>7886992 New Q 17 minutes after last POTUS tweet
>>7886919, >>7886936, >>7886945, >>7886953, >>7886958, >>7886969, >>7886971, >>7887072 When POTUS retweets a meme you made 2 years ago...
>>7886912 Portugal police: banker in Angola scandal hangs himself
>>7886890 US cancer centre leaders secretly worked for China, internal report finds
>>7886825, >>7886859 Q drop
#10093
#7887438 at 2020-01-23 17:43:00 (UTC+1)
Q Research General #10093: 53-47 Is Working! Edition
>>7887427
Notables
>>7887076, >>7887330 Fly Eyes in the Sky
>>7887116 Boats Ahoy/China watch on
>>7887388 Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
>>7887372 Rudy Fires Warning Shot - Going to Release Evidence on the Biden's Millions in Corrupt Deeds!
>>7887307, >>7887364 Lindsey Graham Congratulates Adam Schiff: "Good Job, You're Very Well Spoken" Popcorn Time! Enjoy the Show
>>7887305 Wuhan diggz
>>7887292 Boom! Rudy being saved for a witness
>>7887289, >>7887320 Corona diggz Important
>>7887259 Graham droppin truth bombs vid
>>7887249 ** Beginning January 24, 2020, the State Department will no longer issue temporary visitor (B-1/B-2) visas to aliens seeking to enter the United States for "birth tourism"
>>7887102 Julian Assange may not get US press protection
>>7887069 Archive Update "Return Fire"Edition I added #10076 to #10092 and updated the checksums
>>7887065 Anon decode of Potus misspelling AS
>>7887046 Department of Justice Joins Federal Law Enforcement Training Centers for Human Trafficking Roundtable
>>7887032 @USMC Marines Assemble
>>7886968, >>7886992 New Q 17 minutes after last POTUS tweet
>>7886919, >>7886936, >>7886945, >>7886953, >>7886958, >>7886969, >>7886971, >>7887072 When POTUS retweets a meme you made 2 years ago...
>>7886912 Portugal police: banker in Angola scandal hangs himself
>>7886890 US cancer centre leaders secretly worked for China, internal report finds
>>7886825, >>7886859 Q drop
#10093
#7887388 at 2020-01-23 17:37:35 (UTC+1)
Q Research General #10093: 53-47 Is Working! Edition
Watch ECB's Christine Lagarde Explain How Greenwashing central bank Policy Will Save Europe
Having kept rates unchanged and done nothing to signal a slowdown in money-printing malarkey, most investors eyes and ears will be glued to ECB President Lagarde's 'strategic review' and how her new-found focus on virtue-signaling climate change management will affect the European central bank's mandate.
As Bloomberg notes, her efforts to modernize the ECB include potentially resetting the inflation goal of "below, but close to, 2%," studying alternative measures of price growth, and assessing its policy tools. She's benefiting from signs that a deep manufacturing slump in the 19-nation economy is bottoming out before it causes greater harm to the labor market and consumer spending. That should allow policy makers to focus on the review, which will last most of the year and also tackle issues including financial stability, climate change and communication.
The ECB press conference is due to start 0830ET:
https://www.zerohedge.com/economics/watch-live-ecbs-christine-lagarde-explain-how-greenwashing-central-bank-policy-will-save
#7885909 at 2020-01-23 14:19:50 (UTC+1)
Q Research General #10091: Think Grand Jury Materiel Edition
>>7885863
Ukrainian corruption has been a global show for how many years?
Now . . . while Russia is, and the US is hoping to, get rid of central banks in order to reclaim our justifiable economies . . .
Ukraine is looking to borrow from the IMF to START their very own central bank?
Could that smell any more like Hillary just walked by?
#7885863 at 2020-01-23 14:09:23 (UTC+1)
Q Research General #10091: Think Grand Jury Materiel Edition
Ukrainian PM Says $5.5 Billion IMF Deal Can Be Sealed by April
Ukraine can finalize a $5.5 billion loan from the International Monetary Fund in the first quarter, according to the eastern European country's prime minister.
The government reached a staff-level agreement in December that needs sign-off from the Washington-based lender's board following the completion by Ukraine of conditions known as prior actions.
"We don't have any disputes," Oleksiy Honcharuk said Wednesday in an interview on the sidelines of the World Economic Forum in Davos. "It's a working process that requires some time."
The government had hoped for preliminary approval of the loan in September, with President Volodymyr Zelenskiy looking to lift economic growth and attract foreign investors who view the IMF as a guarantor market-friendly reforms. But question marks over central-bank independence and legal challenges to the 2016 nationalization of the country's biggest bank have delayed a pact with the fund.
Still on Ukraine's to-do list is passing legislation to protect the state's takeover of Privatbank from its billionaire former owners – a step that could be taken as soon as next month, according to Honcharuk. But after meeting IMF Managing Director Kristalina Georgieva, Honcharuk signaled that lifting a ban on the sale of farmland – a key plank in Zelenskiy's economic overhaul – may not be needed to secure the loan.
"I won't link directly the land reform with the IMF deal," he said. "Land reform is the key reform of the president and the government."
A court revamp and other structural reforms were discussed at the meeting with Georgieva, which Zelenskiy also attended, according to a statement on the presidential website. The government wants to spur economic expansion in the country of 42 million to 5%, compared with this year's "conservative" forecast of 3.7%, Honcharuk said, suggesting an even faster pace is possible in the future. "There would be nothing extraordinary in 7% growth," he said. "Ukraine is now the most interesting emerging market. The most serious and deep reforms are being implemented" here.
Supporting that view, Ukraine this week raised 1.25 billion euros ($1.4 billion) by selling Eurobonds with a record-low yield of 4.375%.
"We're replacing more expensive debt with cheaper" debt, Honcharuk said. "Today's placement will allow our budget to save 2 million hryvnia ($81,600) a day."
https://www.bloomberg.com//news/articles/2020-01-23/ukrainian-pm-says-5-5-billion-imf-deal-can-be-sealed-by-april
#7885795 at 2020-01-23 13:56:27 (UTC+1)
Q Research General #10091: Think Grand Jury Materiel Edition
>>7885788
https://www.telegraph.co.uk/finance/economics/9738459/Mark-Carney-hints-at-need-for-radical-action-to-boost-ailing-economies.html
https://outline.com/zkXwpj
Mark Carney hints at need for radical action to boost ailing economies
2012
Mr Carney, the current bank of Canada governor who takes over from Sir Mervyn King next June, said central bankers should consider committing to low interest rates until inflation and unemployment met "precise numerical thresholds", or even changing "the policy framework itself" to stimulate a desperately weak economy.
His words were directed at the bank of Canada but will be seen as a hint that he will push for radical action in the UK, where the economy has been stagnant for two years. On his appointment, he said that he would be going "where the challenges are greatest".
Addressing the Chartered Financial Analyst Society in Toronto, Mr Carney said that in major slumps: "To achieve a better path for the economy over time, a central bank may need to commit credibly to maintaining highly accommodative policy even after the economy and, potentially, inflation picks up.
"To 'tie its hands', a central bank could publicly announce precise numerical thresholds for inflation and unemployment that must be met before reducing stimulus."
He added: "If yet further stimulus were required, the policy framework itself would likely have to be changed. For example, adopting a nominal GDP level target could in many respects be more powerful than employing thresholds under flexible inflation targeting."
#7885765 at 2020-01-23 13:50:29 (UTC+1)
Q Research General #10091: Think Grand Jury Materiel Edition
ECB Keeps Rates, QE Unchanged; Launches First Strategy Review In 17 Years
As expected, the ECB announced that it is keeping its rates and QE (?20BN/month) unchnaged, reiterating the familiar forward guidance that "interest rates to remain at their present or lower levels until it has seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2%", while QE will continue "for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates."
Notably, the Governing Council also announced that it would launch the first review of its monetary policy strategy for the first time since 2003 in a rethink after years of radical monetary stimulus struggled to revive inflation. The institution said it will provide details about the scope and timetable of the exercise in a press release today at 3:30 p.m. Frankfurt time, following Lagarde's press conference.
As Bloomberg notes, her efforts to modernize the ECB include potentially resetting the inflation goal of "below, but close to, 2%," studying alternative measures of price growth, and assessing its policy tools. She's benefiting from signs that a deep manufacturing slump in the 19-nation economy is bottoming out before it causes greater harm to the labor market and consumer spending. That should allow policy makers to focus on the review, which will last most of the year and also tackle issues including financial stability, climate change and communication.
At today's meeting the Governing Council of the European central bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing Council expects the key ECB interest rates to remain at their present or lower levels until it has seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2% within its projection horizon, and such convergence has been consistently reflected in underlying inflation dynamics.
The Governing Council will continue to make net purchases under its asset purchase programme (APP) at a monthly pace of ?20 billion. The Governing Council expects them to run for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates.
The Governing Council intends to continue reinvesting, in full, the principal payments from maturing securities purchased under the APP for an extended period of time past the date when it starts raising the key ECB interest rates, and in any case for as long as necessary to maintain favourable liquidity conditions and an ample degree of monetary accommodation.
The Governing Council also decided to launch a review of the ECB's monetary policy strategy. Further details about the scope and timetable of the review will be published in a press release today at 15:30 CET.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 14:30 CET today.
https://www.zerohedge.com/markets/ecb-keeps-rates-qe-unchanged-launches-first-strategy-review-17-years
#7882811 at 2020-01-23 04:07:16 (UTC+1)
Q Research General #10087: Clean to Castle Edition
Khazarians Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)The MSM is saying that he "resigned".
Putin also want amendments, to limit the Presidency to 2 terms.
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7879655 at 2020-01-22 23:17:28 (UTC+1)
Q Research General #10083: Castle Clean! Edition
Khazarians Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish)The UK/US MSM is saying that he "resigned".
Putin also want amendments, to limit the Presidency to 2 terms, and no dual citizens.
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7878281 at 2020-01-22 21:29:48 (UTC+1)
Q Research General 10081 Anons want sauce - Edition
Khazarians Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
Sauce: https://tass.com/top-officials/1043741
The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized.
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce: https://benjaminfulford.net/
So I dug:
The Entire Russian government Resigned on Jan. 15, 2020
Sauce: https://www.cnn.com/europe/live-news/russia-government-resigns-dle-intl/index.html
>Can you imagine if Our entire government resigned?(except POTUS of course)
Prime Minister Dmitry Medvedev Resigned on Jan.15, 2020. (he's Jewish) The UK/US MSM is saying that he "resigned".
Putin also want amendments, to limit the Presidency to 2 terms.
Sauce: https://www.theguardian.com/world/2020/jan/15/putin-calls-for-constitution-changes-that-would-weaken-successor
#7877615 at 2020-01-22 20:30:19 (UTC+1)
Q Research General 10081 Anons want sauce - Edition
Angola's dos Santos named suspect over alleged fraud, selling Eurobic stake
Angola's billionaire former first daughter, Isabel dos Santos, has decided to sell her stake in Portuguese bank Eurobic, the small lender said on Wednesday. It made the announcement soon after Portuguese news agency Lusa reported that Angolan prosecutors had named dos Santos as a formal suspect over alleged mismanagement and misappropriation of funds while she was chairwoman of state oil firm Sonangol.
Lusa quoted Angola's attorney general, Helder Pitta Gros, as telling a news conference in the Angolan capital Luanda that dos Santos had not directly shown any interest in collaborating with Angolan authorities.
Dos Santos, who was chairwoman of Sonangol from June 2016 to November 2017 and amassed her fortune during her father Jose Eduardo dos Santos' decades-long presidency, could not immediately be reached for comment but has denied wrongdoing.
Isabel dos Santos is Eurobic's main shareholder but the bank said she had decided to withdraw from the bank's shareholding structure and sell her stake.
In a statement sent to Reuters, Eurobic said the selling process of the 42.5% stake had already started and dos Santos' decision was "final".
It said her exit would take place "as soon as possible", and that bank of Portugal, the central bank, had been informed of the decision.
Hundreds of thousands of files about dos Santos that were obtained by the International Consortium of Investigative Journalists (ICIJ) were released by several news organizations on Sunday. The media reports focused on alleged financial schemes used by dos Santos to build her business empire, including transfers between Angola and Dubai.
On Monday, bank of Portugal said in a statement it had asked Eurobic about transfers between Angola and Dubai and Portugal's prosecutor's office said it would investigate the media reports. Dos Santos said on Sunday that allegations made against her were "completely unfounded".
Angolan authorities froze dos Santos' assets in the African country in late December following allegations by prosecutors that she and her husband Sindika Dokolo had steered payments of more than $1 billion from state companies Sonangol and Sodiam to firms in which they held stakes. Dos Santos and Dokolo denied wrongdoing.
https://www.reuters.com/article/us-angola-dossantos/angolas-dos-santos-named-suspect-over-alleged-fraud-selling-eurobic-stake-idUSKBN1ZL2QS
#7877521 at 2020-01-22 20:18:47 (UTC+1)
Q Research General 10081 Anons want sauce - Edition
>>7877502
Global Announcements
>>7844760 New bakers/note-takers: plz tag notables & other key info to dough post
>>7808819, >>7808821 Jim Watkins: 88 of his domains were deplatformed by Network Solutions, DIGG UPDATED 1/14/20
Anons, plz no jpegs, tx
Notables
are not endorsements
'''#10080
>>7876831 Pompeo live feed
>>7876835 New DJT "Great to be with you Maria
>>7876877 New DJT "Will be great"
>>7876903 Pro life protesters arrested outside Pelosi's office
>>7876950 Bowditch nominated by Barr to PCLEAJ
>>7876956 Twitter poll for anons to dominate
>>7876993 >>7877206 >>7877208 BNO News: Chinese martial law in Wuhan city?, >>7877034 Wuhan exporters
>>7877055 White House tweet: Adam Schiff is LYING, >>7877188 Make that two tweets calling Schiff liar
>>7877060 (((They))) have no sauce
>>7877111 Dirty SC Cop gets indicted
>>7877118 DJT Jr.: Dad respond to Hillary put down of Sanders. "Nobody likes her"
>>7877215 Sidney Powell update on Flynn situ
>>7877296 Get some chemicals to protect from worse chemicals
>>7877330 New DJT "NO PRESSURE"
>>7877435 NK - SK relations appear to be improving
#10079
>>7875947, >>7875962 U.S. Marines Twat: "A fiery shot..."
>>7876051, >>7876068 Michael Bloomberg Shifts Massive Ad Campaign to Support Impeaching Trump
>>7876053 IDF Twat:"Tik Tok Tik Tok...The IDF is officially on @TikTok_us"
>>7876059, >>7876212, >>7876256 Live: Sen. Graham and Republicans to hold press conference on impeachment-vid fox news
>>7876078 Scientists Might Have Accidentally Cured Cancer-daily caller jan 21
>>7876081 Prosecutor paints former Hollywood mogul Weinstein as 'a rapist'-oann
>>7876099, >>7876240 RSBC/c-Span links live stream Day 2
>>7876197 Mnuchin on trade barriers: 'We want other people to take down the Berlin Wall'
>>7876203, >>7876231, >>7876413, >>7876466 summarizing the Ciaramella connections
>>7876209 Sarasota man facing 40 counts of child pornography possession-wfla.com
>>7876339, >>7876393 New POTUS tweet
>>7876381 Scavino Twat: past comments on impeachment of WJC
>>7876382 Hillbags twat
>>7876417 Senate Republicans Release Powerful Ad on the Pelosi-Schiff Impeachment Scam (Video)-gateway pundit
>>7876505 New Flynn filings
>>7876485 WikiHow Propganda Claims Anti-Vaxx Parents are Abusive
>>7876546 Senator Ted Cruz WATCH: @RepAdamSchiff admits Dems' House process was a sham
>>7876626 Brexit Bill clears UK parliment
>>7876627 #10079
#10078
>>7875211, >>7875251, >>7875444, >>7875490, >>7875486, >>7875555, >>7875574 Kekistan Air Traffic Control Posts
>>7875217 Putin keeps key ministers in new Russian government-afp.com
>>7875219 Coronavirus Deaths Double Overnight To 17, Suspected Case Identified In St. Petersburg-zh
>>7875222 Seth Rich's parents sue FOX News
>>7875333, >>7875351 New POTUS tweet: "THANK YOU@ WEF"
>>7875497 New DJT - Heading back to DC from Davos
>>7875461 New DJT - not the Senate's job to mop up mess made in the House
>>7875413, >>7875423 DJT Trump's many RTs and few tweets so far today
>>7875275 LG says Schiff knows Hunter Biden Did nothing wrong serving on Burisma's board, Played no role in having the prosecutor fired. Wants to know why
>>7875297 DNC server feud reseurfaces in impeachment battle
>>7875519, >>7875533 Hunter Biden Ordered to Arkansas Court Next Week, Must Disclose Financial Information
>>7875527 Live: Sen. Graham and Republicans to hold press conference on impeachment - 12:40 EST
>>7875535 First-Trump-Ukraine-Call docs
>>7875560 Putin may have meetings with Pence and Ukrainian President Volodymyr Zelenskiy during his visit to Israel
>>7875565, >>7875485, >>7875552 russian central bank nationalized chatter
>>7875457, >>7875380 Natural News under cyber attack after richmond 2a rally report
>>7875685, >>7875731, >>7875754 Alice in Wonderland. Brennan portrayed Alice while Wozniak, Jobs, and Al portrayed the White Rabbit and the Mad Hatter.
>>7875739 nice clip - This was a take down attempt at a sitting President of The United States and we caught them, so lets see what happens - vid
>>7875722 OPCW investigator testifies at UN that no chemical attack took place in Douma, Syria
>>7875804 Thomas Paine "FBI Agent Sal Cincinelli (alleged public suicide) was a member of a team that was investigating the Clinton Foundation
>>7875854 #10078
Previously Collected Notables
>>7873484 #10075
>>7870398 #10071, >>7871211 #10072, >>7871960 #10073, >>7872706 #10074
>>7866437 #10067, >>7867440 #10068, >>7868258 #10069, >>7869587 #10070
>>7863175 #10063, >>7863938 #10064, >>7864697 #10065, >>7865523 #10066
>>7859586 #10059, >>7860656 #10060, >>7861492 #10061, >>7862408 #10062
Notables Thread #1, #8960-present: >>7003045
Notables Aggregator: https://wearethene.ws
Notables also archived here: >>>/comms/3396 (#740~#6384), https://jthnx5wyvjvzsxtu.onion
#7877073 at 2020-01-22 19:35:01 (UTC+1)
Q Research General #10080: Sailing The Seas of Cheese and Bread. The Ghost Ship Edition
>>7876780
>Only way too keep the central bank ponzi scheme going is to tax the climate
They're not taxing the climate. CO2 is as important as O is to life on this planet. We exhale a bit of CO2 when we breath.
In essence they are claiming ownership of the atmosphere, so as to charge us for the air we breath.
#7876780 at 2020-01-22 19:04:45 (UTC+1)
Q Research General #10080: Sailing The Seas of Cheese and Bread. The Ghost Ship Edition
>>7876710(pb)
Only way too keep the central bank ponzi scheme going is to tax the climate
#7876666 at 2020-01-22 18:54:08 (UTC+1)
Q Research General #10080: Sailing The Seas of Cheese and Bread. The Ghost Ship Edition
Global Announcements
>>7844760 New bakers/note-takers: plz tag notables & other key info to dough post
>>7808819, >>7808821 Jim Watkins: 88 of his domains were deplatformed by Network Solutions, DIGG UPDATED 1/14/20
Anons, plz no jpegs, tx
Notables
are not endorsements
#10079
>>7875947, >>7875962 U.S. Marines Twat: "A fiery shot..."
>>7876051, >>7876068 Michael Bloomberg Shifts Massive Ad Campaign to Support Impeaching Trump
>>7876053 IDF Twat:"Tik Tok Tik Tok...The IDF is officially on @TikTok_us"
>>7876059, >>7876212, >>7876256 Live: Sen. Graham and Republicans to hold press conference on impeachment-vid fox news
>>7876078 Scientists Might Have Accidentally Cured Cancer-daily caller jan 21
>>7876081 Prosecutor paints former Hollywood mogul Weinstein as 'a rapist'-oann
>>7876099, >>7876240 RSBC/c-Span links live stream Day 2
>>7876197 Mnuchin on trade barriers: 'We want other people to take down the Berlin Wall'
>>7876203, >>7876231, >>7876413, >>7876466 summarizing the Ciaramella connections
>>7876209 Sarasota man facing 40 counts of child pornography possession-wfla.com
>>7876339, >>7876393 New POTUS tweet
>>7876381 Scavino Twat: past comments on impeachment of WJC
>>7876382 Hillbags twat
>>7876417 Senate Republicans Release Powerful Ad on the Pelosi-Schiff Impeachment Scam (Video)-gateway pundit
>>7876505 New Flynn filings
>>7876485 WikiHow Propganda Claims Anti-Vaxx Parents are Abusive
>>7876546 Senator Ted Cruz WATCH: @RepAdamSchiff admits Dems' House process was a sham
>>7876626 Brexit Bill clears UK parliment
>>7876627 #10079
#10078
>>7875211, >>7875251, >>7875444, >>7875490, >>7875486, >>7875555, >>7875574 Kekistan Air Traffic Control Posts
>>7875217 Putin keeps key ministers in new Russian government-afp.com
>>7875219 Coronavirus Deaths Double Overnight To 17, Suspected Case Identified In St. Petersburg-zh
>>7875222 Seth Rich's parents sue FOX News
>>7875333, >>7875351 New POTUS tweet: "THANK YOU@ WEF"
>>7875497 New DJT - Heading back to DC from Davos
>>7875461 New DJT - not the Senate's job to mop up mess made in the House
>>7875413, >>7875423 DJT Trump's many RTs and few tweets so far today
>>7875275 LG says Schiff knows Hunter Biden Did nothing wrong serving on Burisma's board, Played no role in having the prosecutor fired. Wants to know why
>>7875297 DNC server feud reseurfaces in impeachment battle
>>7875519, >>7875533 Hunter Biden Ordered to Arkansas Court Next Week, Must Disclose Financial Information
>>7875527 Live: Sen. Graham and Republicans to hold press conference on impeachment - 12:40 EST
>>7875535 First-Trump-Ukraine-Call docs
>>7875560 Putin may have meetings with Pence and Ukrainian President Volodymyr Zelenskiy during his visit to Israel
>>7875565, >>7875485, >>7875552 russian central bank nationalized chatter
>>7875457, >>7875380 Natural News under cyber attack after richmond 2a rally report
>>7875685, >>7875731, >>7875754 Alice in Wonderland. Brennan portrayed Alice while Wozniak, Jobs, and Al portrayed the White Rabbit and the Mad Hatter.
>>7875739 nice clip - This was a take down attempt at a sitting President of The United States and we caught them, so lets see what happens - vid
>>7875722 OPCW investigator testifies at UN that no chemical attack took place in Douma, Syria
>>7875804 Thomas Paine "FBI Agent Sal Cincinelli (alleged public suicide) was a member of a team that was investigating the Clinton Foundation
>>7875854 #10078
#7876369 at 2020-01-22 18:18:17 (UTC+1)
Q Research General #10079: Alice and Wonderland Trial Edition
I can't believe it but they did it. They scrubbed the News of Putin firing the Director & Governors of the Russian central bank then nationalizing it.
I was literally reading articles about it 2 days ago from several sources. Wow.
I'm not sure what that says but I found some other central bank stories. Bottom line - central banks are being strangled world wide and are starting to crumble. Governments are taking back their monetary policy control…
#7876182 at 2020-01-22 17:55:45 (UTC+1)
Q Research General #10079: Alice and Wonderland Trial Edition
>>7875827 pb
Rothschild = what we were talking about in 2017
Rothschild = owns / controls central banks all over the world
Rothschild = was given Israel in the Balfour Declaration
Rothschild = gets ass kissed by Hillary in emails
We don't have proof that this story is right
https://benjaminfulford.net/2020/01/20/rothschilds-kicked-out-of-russia-and-japan-as-world-revolution-unfolds/
"The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized."
We don't have proof that Elvira Nabiullina was fired. It's only this guy that's saying this. I suspect that if it was true, there would be more than this guy saying it.
Massive news if true, great news if true. But no real proof.
#7876028 at 2020-01-22 17:37:40 (UTC+1)
Q Research General #10079: Alice and Wonderland Trial Edition
The only source for the Putin central bank slide is Fulford. Who is ~= Ickes
#7875878 at 2020-01-22 17:19:46 (UTC+1)
Q Research General #10079: Alice and Wonderland Trial Edition
Global Announcements
>>7844760 New bakers/note-takers: plz tag notables & other key info to dough post
>>7808819, >>7808821 Jim Watkins: 88 of his domains were deplatformed by Network Solutions, DIGG UPDATED 1/14/20
Anons, plz no jpegs, tx
Notables
are not endorsements
#10078
>>7875211, >>7875251, >>7875444, >>7875490, >>7875486, >>7875555, >>7875574 Kekistan Air Traffic Control Posts
>>7875217 Putin keeps key ministers in new Russian government-afp.com
>>7875219 Coronavirus Deaths Double Overnight To 17, Suspected Case Identified In St. Petersburg-zh
>>7875222 Seth Rich's parents sue FOX News
>>7875333, >>7875351 New POTUS tweet: "THANK YOU@ WEF"
>>7875497 New DJT - Heading back to DC from Davos
>>7875461 New DJT - not the Senate's job to mop up mess made in the House
>>7875413, >>7875423 DJT Trump's many RTs and few tweets so far today
>>7875275 LG says Schiff knows Hunter Biden Did nothing wrong serving on Burisma's board, Played no role in having the prosecutor fired. Wants to know why
>>7875297 DNC server feud reseurfaces in impeachment battle
>>7875519, >>7875533 Hunter Biden Ordered to Arkansas Court Next Week, Must Disclose Financial Information
>>7875527 Live: Sen. Graham and Republicans to hold press conference on impeachment - 12:40 EST
>>7875535 First-Trump-Ukraine-Call docs
>>7875560 Putin may have meetings with Pence and Ukrainian President Volodymyr Zelenskiy during his visit to Israel
>>7875565, >>7875485, >>7875552 russian central bank nationalized chatter
>>7875457, >>7875380 Natural News under cyber attack after richmond 2a rally report
>>7875685, >>7875731, >>7875754 Alice in Wonderland. Brennan portrayed Alice while Wozniak, Jobs, and Al portrayed the White Rabbit and the Mad Hatter.
>>7875739 nice clip - This was a take down attempt at a sitting President of The United States and we caught them, so lets see what happens - vid
>>7875722 OPCW investigator testifies at UN that no chemical attack took place in Douma, Syria
>>7875804 Thomas Paine "FBI Agent Sal Cincinelli (alleged public suicide) was a member of a team that was investigating the Clinton Foundation
>>7875854 #10078
#10077
>>7874569 President Trump! tweets
>>7874416, >>7874448, >>7874728, >>7874793, >>7874849 AirFag Reports
>>7874392, >>7874941, >>7874971 US Mil Tweets
>>7874347 Printable 3x5 'Q-Card' for normies.
>>7874382, >>7874623 General Barr to announce the establishment of the Presidential Commission on Law Enforcement and the Administration of Justice
>>7874388, >>7874518 Obama holdovers Eric Ciaramella and Sean Misko discuss removing Trump just days after Trump sworn in
>>7874477 POTUS on his Administration's latest trade accomplishments and goals for the future:
>>7874498, >>7874500 Article Suggests Bezo Divorce prompted by MbS Initiated WhatsApp Hack
>>7874673 Anons decode of the [F] drop
>>7874707 Dr. Eugene Gu, who constantly harasses Trump on twitter has his religious preference on mylife.com listed as Wiccan/Pagan/Druid
>>7874883 CBC: China state TV says coronavirus death toll now 17, confirmed cases hit 444
>>7874416, >>7874448, >>7874654, >>7874728, >>7874793, >>7874849 pf reports
>>7874437 Architect of C.I.A. Interrogation Program Testifies at Guantánamo Bay-nytimes
>>7874444 Manzoni prepares to quit as civil service chief
>>7874672 Live: Attorney General Barr holds event at the Justice Department
>>7874757, >>7874764 Tulsi Gabbard is suing Hillary Clinton and the first page of the filing is WILD AF-anon description
>>7874792 DARPA's latest mad science experiment: A ship designed to operate completely without humans-defense news.com
>>7874900 Upper house speaker suggests Russian diplomats be banned from holding second citizenship- tass
>>7874930 S&P, Nasdaq hit new highs on waning China virus fears, earnings
>>7874941, >>7875047 US Navt Twat: "@flynavy in action aboard the Ford!..."
>>7875043 CBS gives up on impeachment, returns to regularly scheduled programming
>>7875099 Chuck fucked Live! on impeachment
>>7875102 WH Twat: "Happy Anniversary President@realDonaldTrump and @FLOTUS!"
>>7875282 #10077
#7875854 at 2020-01-22 17:15:48 (UTC+1)
Q Research General #10078: Baker Dropped the Dough Edition
#10078
>>7875211, >>7875251, >>7875444, >>7875490, >>7875486, >>7875555, >>7875574 Kekistan Air Traffic Control Posts
>>7875217 Putin keeps key ministers in new Russian government-afp.com
>>7875219 Coronavirus Deaths Double Overnight To 17, Suspected Case Identified In St. Petersburg-zh
>>7875222 Seth Rich's parents sue FOX News
>>7875333, >>7875351 New POTUS tweet: "THANK YOU@ WEF"
>>7875497 New DJT - Heading back to DC from Davos
>>7875461 New DJT - not the Senate's job to mop up mess made in the House
>>7875413, >>7875423 DJT Trump's many RTs and few tweets so far today
>>7875275 LG says Schiff knows Hunter Biden Did nothing wrong serving on Burisma's board, Played no role in having the prosecutor fired. Wants to know why
>>7875297 DNC server feud reseurfaces in impeachment battle
>>7875519, >>7875533 Hunter Biden Ordered to Arkansas Court Next Week, Must Disclose Financial Information
>>7875527 Live: Sen. Graham and Republicans to hold press conference on impeachment - 12:40 EST
>>7875535 First-Trump-Ukraine-Call docs
>>7875560 Putin may have meetings with Pence and Ukrainian President Volodymyr Zelenskiy during his visit to Israel
>>7875565, >>7875485, >>7875552 russian central bank nationalized chatter
>>7875457, >>7875380 Natural News under cyber attack after richmond 2a rally report
>>7875685, >>7875731, >>7875754 Alice in Wonderland. Brennan portrayed Alice while Wozniak, Jobs, and Al portrayed the White Rabbit and the Mad Hatter.
>>7875739 nice clip - This was a take down attempt at a sitting President of The United States and we caught them, so lets see what happens - vid
>>7875722 OPCW investigator testifies at UN that no chemical attack took place in Douma, Syria
>>7875804 Thomas Paine "FBI Agent Sal Cincinelli (alleged public suicide) was a member of a team that was investigating the Clinton Foundation
#7875651 at 2020-01-22 16:45:35 (UTC+1)
Q Research General #10078: Baker Dropped the Dough Edition
Notables
are thanks in part to d'oh and noms from nons
#10078
>>7875211, >>7875251, >>7875444, >>7875490, >>7875486, >>7875555, >>7875574 Kekistan Air Traffic Control Posts
>>7875217 Putin keeps key ministers in new Russian government-afp.com
>>7875219 Coronavirus Deaths Double Overnight To 17, Suspected Case Identified In St. Petersburg-zh
>>7875222 Seth Rich's parents sue FOX News
>>7875333, >>7875351 New POTUS tweet: "THANK YOU@ WEF"
>>7875497 New DJT - Heading back to DC from Davos
>>7875461 New DJT - not the Senate's job to mop up mess made in the House
>>7875413, >>7875423 DJT Trump's many RTs and few tweets so far today
>>7875275 LG says Schiff knows Hunter Biden Did nothing wrong serving on Burisma's board, Played no role in having the prosecutor fired. Wants to know why
>>7875297 DNC server feud reseurfaces in impeachment battle
>>7875519, >>7875533 Hunter Biden Ordered to Arkansas Court Next Week, Must Disclose Financial Information
>>7875527 Live: Sen. Graham and Republicans to hold press conference on impeachment - 12:40 EST
>>7875535 First-Trump-Ukraine-Call docs
>>7875560 Putin may have meetings with Pence and Ukrainian President Volodymyr Zelenskiy during his visit to Israel
>>7875565, >>7875485, >>7875552 russian central bank nationalized chatter
#7875552 at 2020-01-22 16:30:32 (UTC+1)
Q Research General #10078: Baker Dropped the Dough Edition
>>7875462
>>7874682 lb
Needs Sauce
Putin nationalized the Russian version of the Federal Reserve and fired the Director (gov appointed).
Notice how NOBODY is talking about it.
Iran 52 black ops sites go down and suddenly the Russian central bank is nationalized?
Coincidence?
Hello US Federal Reserve
Many, many things are happening in America while the clowns make a mess out of our Congress with the impeachment false flag.
What if we no longer had a central bank and no longer owed them 23 Trillion $?
But let's all watch the Schiff/Nadler shitshow...
#7875485 at 2020-01-22 16:21:56 (UTC+1)
Q Research General #10078: Baker Dropped the Dough Edition
>>7875462
It's been talked about for the last 72 hours. It's easily found with a simple search Anon. It's in the bread all over the place.
Search 'Putin fires central bank Director and nationalizes Russian central bank.'
#7874994 at 2020-01-22 15:13:20 (UTC+1)
Q Research General #10077: Eggs Toast Bacon Trips And Dubbs Edition
>>7874682
>What if we no longer had a central bank and no longer owed them 23 Trillion $?
A PUBLIC central bank can issue currency from the treasury.
Currency is different than money, it's not a debt instrument. Currency does not have to be "backed" by any commodity (which leaves it open to manipulation by certain people who control the commodity), it's backed by the productive power of the people of the State.This is why Germany's economy soared while the rest of the world went into the Great Depression.
PRIVATE central banks are separate from the gov't and charge the gov't just to print up their debt notes. The US gov has to pay the FED something like $1.20 for each 1 dollar FRN!!
IF we have a public central bank, we can cancel the debt to the FED, which is the vast majority of the debt of the US government!
I'm watching the impeachment show just because it's historic, but don't make the mistake that people can't watch and do other things at the same time. High-functioning autists can multi-task. :)
#7874682 at 2020-01-22 14:29:46 (UTC+1)
Q Research General #10077: Eggs Toast Bacon Trips And Dubbs Edition
Putin nationalized the Russian version of the Federal Reserve and fired the Director (gov appointed).
Notice how NOBODY is talking about it.
Iran 52 black ops sites go down and suddenly the Russian central bank is nationalized?
Coincidence?
Hello US Federal Reserve
Many, many things are happening in America while the clowns make a mess out of our Congress with the impeachment false flag.
What if we no longer had a central bank and no longer owed them 23 Trillion $?
But let's all watch the Schiff/Nadler shitshow…
#7874523 at 2020-01-22 14:00:56 (UTC+1)
Q Research General #10077: Eggs Toast Bacon Trips And Dubbs Edition
From Australian Board 6
Khazarians Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
https://tass.com/top-officials/1043741
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce:https://stillnessinthestorm.com/2020/01/benjamin-fulford-january-20th-2020-rothschilds-kicked-out-of-russia-and-japan-as-world-revolution-unfolds/
#7868283 at 2020-01-21 22:24:03 (UTC+1)
Q Research General #10069: They Are Attempting To Protect Themsevles From Prosecution Q'd Edition
>>7867450
"The FSB sources also report that when Elvira Nabiullina, the head of the Russian central bank, was fired last week, all cellphones of central bank employees were confiscated and a huge stash of documents was seized."
Having trouble verifying that Elvira Nabiullina was fired. So, I'd say, at this point, that this is questionable. Is huge if true.
#7868182 at 2020-01-21 22:06:03 (UTC+1)
Q Research General #10069: They Are Attempting To Protect Themsevles From Prosecution Q'd Edition
>>7868144
and yet, the news bear it out. Medvedev dead.
Head of the Russian central bank was Fired.
#7868072 at 2020-01-21 21:44:50 (UTC+1)
Q Research General #10069: They Are Attempting To Protect Themsevles From Prosecution Q'd Edition
>>7867450
NOTABLE.
EXTREMELY NOTABLE.
the Russian central bank was nationalized
Is this actually true?
Because if this is true, this is HUGE.
We should do the same thing in the US!!!>>7867450
#7867450 at 2020-01-21 20:15:34 (UTC+1)
Q Research General #10069: They Are Attempting To Protect Themsevles From Prosecution Q'd Edition
Khazarians Kicked Out of Russia
1-20-2020 Ben Fulford:
Basically, David Rothschild was kicked out and the Russian central bank was nationalized, which is why half the government was fired, FSB sources tell us.
Here's what our FSB sources have to say on the subject:
"It was supposed to start back in November 2019 when Prime Minister Dmitry Medvedev was killed at FSB headquarters, but due to the presence in the country of a huge number of the richest Jews in the world (the Rothschilds, Sheldon Adelson, etc.), this operation was postponed".
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
https://tass.com/top-officials/1043741
Rothschild-slave President Emmanuel Macron of France is also under siege. He was forced to flee for his life from a theater last week amid rioting that has gone on now for over a year. A new French revolution is coming, French resistance sources promise.
Equally dramatic, if less public, events were going on in Japan last week. A first cousin of former Emperor Hirohito tells us the bank of Japan has been nationalized and the Rothschilds as well as the Rockefellers have been removed from control of this country.
Sauce:https://stillnessinthestorm.com/2020/01/benjamin-fulford-january-20th-2020-rothschilds-kicked-out-of-russia-and-japan-as-world-revolution-unfolds/
#7866503 at 2020-01-21 17:54:58 (UTC+1)
Q Research General #10068: Checkers Plays Fail Against 5D Potus Chess! WW is Watching! Edition
Global central banks Fueling a Ponzi Market
Ultimately, investors will awaken to the rising tide of defaults and downgrades
One of the topics that I am focused on in Davos is the deterioration in the quality of the corporate bond markets.
The disturbing trend is that despite the rally in risk assets in the prior year, the number of defaults rose by approximately 50 percent, according to data compiled by J.P. Morgan. Additionally, the number of distressed exchanges increased by 400 percent.
This correlates well with our observation that the number of idiosyncratic defaults has been increasing. Ultimately, markets will need to reprice for this rising risk with increased bond spreads relative to Treasury securities. However, that day of reckoning when spreads rise is being held off by the flood of central bank liquidity and international investors fleeing negative yields overseas.
And let's not forget downgrade risk of BBBs: today 50 percent of the investment-grade market is rated BBB, and in 2007 it was 35 percent. More specifically, about 8 percent of the investment-grade market was BBB- in 2007 and today it is 15 percent. It has more than quintupled in size outstanding, from $800 billion to $3.3 trillion. We expect 15-20 percent of BBBs to get downgraded to high yield in the next downgrade wave: This would equate to $500-660 billion and be the largest fallen angel volume on record-and would also swamp the high yield market.
Ultimately, we will reach a tipping point when investors will awaken to the rising tide of defaults and downgrades. The timing is hard to predict but this reminds me a lot of the lead-up to the 2001 and 2002 recession.
The prolonged period of tight credit spreads experienced in the late 1990s lulled investors into unwittingly increasing risk at a time they should have been upgrading their portfolios.
This brings to mind the famous observation by economist Hyman Minsky, who stated that stability is inherently destabilizing. That is to say that long periods of relative stability in risk assets causes investors to keep upping the risk during a long period of calm.
Ultimately, this leads to what he called a Ponzi Market where the only reason investors keep adding to risk is the fear that prices will be higher tomorrow (or in the case of bonds, yields will be lower tomorrow).
Daniel Kahneman observed this behavior in his own work, when he identified that investors' fear of missing an opportunity induces them to buy when they should be selling.
Even though the recession clearly has been put off until 2021 and perhaps 2022, in the lead-up to the 2001 recession, credit deterioration started to be evidenced three years earlier in 1998 as defaults and credit spreads were rising.
This would sound like good news for yield starved investors and I would agree.
But patience will lead to bigger opportunities for disciplined investors who don't wander off into exotic asset classes or chase current returns.
https://www.guggenheiminvestments.com/perspectives/global-cio-outlook/global-central-banks-fueling-a-ponzi-market
#7863087 at 2020-01-21 00:31:06 (UTC+1)
Q Research General #10063: Patriots Have No Color and Take A Bow on this, MLK, Jr. Day! Edition
The Fed Is Stuck In QE Hell
Imagine doing the same thing over and over again, with little progress and no relief. Sounds like most people's vision of hell - or the Federal Reserve's current predicament.
Since September, the central bank, through the Federal Reserve bank of New York, has been purchasing securities hand over fist to alleviate short-term pressures in the overnight money markets. It has used repurchase ("repo") and reverse repurchase ("reverse repo") agreements to provide liquidity and keep overnight borrowing rates from spiking.
But these complex money market operations already have caused the Fed to buy a net $400 billion worth of securities, after Chairman Jerome Powell shrank the Fed's balance sheet by $700 billion. That "normalization," which also included raising the federal funds rate through late 2018, is now effectively dead and the Fed's balance sheet is growing again.
Powell and the Fed have repeatedly denied this is a new phase of "quantitative easing (QE)," three rounds of which added $3.6 trillion to the Fed's balance sheet in the years after the financial crisis. And indeed, in the earlier rounds of QE, the central bank bought Treasuries and mortgage-backed securities of various maturities. The current buying has been focused on Treasuries with maturities of 12 months or less.
On the way: QE4
But that may not continue, says Danielle DiMartino Booth, CEO and chief strategist at Quill Intelligence, a Dallas-based boutique research firm. Booth, who worked on both Wall Street and in the Federal Reserve bank of Dallas, has been a critic of Fed policies since the central bank pushed fed funds down to near zero and launched its three rounds of QE after the financial crisis. (She also was one of the few people to connect the dots between the housing bust and Wall Street before the crisis hit.)
https://www.zerohedge.com/markets/fed-stuck-qe-hell
#7862143 at 2020-01-20 20:46:43 (UTC+1)
Q Research General #10062: Hit'em Hard One Bread At A Time! Edition
Reserve (Rothschild) bank Australia
RBA told to 'mobilise all forces' to save the economy from climate change
The Reserve bank has been warned it may have to buy up coal mines and fossil-fuel power stations as part of extraordinary actions to save the economy from climate change-induced financial disaster.
As Australian business leaders grow increasingly worried climate change will hit their bottom lines and the International Monetary Fund warns global warming is now a major financial risk, a new warning issued by the world's top central bank says the RBA could be forced into rescuing the economy and the environment.
Three separate reports released on the same day, coinciding with Australia's worst bushfire season and ongoing political division over environmental policy, point to increasing fears among economic policy leaders that climate change could cause the next global financial breakdown.
The bank for International Settlements, which acts as the central bank to the world's central banks, overnight told its members they had to start incorporating climate change into their thinking about the stability of the economy.
"They're starting to understand that a new form of capitalism is emerging, one that considers a broader group of stakeholders and measures societal impact alongside financial performance," the report found.
Up to 89 per cent of the 150 Australian executives surveyed viewed climate change and environmental sustainability as the "societal issue of greatest focus," compared to 54 per cent world-wide.
More than 80 per cent, half of whom were aged between 45 and 54, viewed it as their generation's responsibility to solve. The same amount believed it would have a "negative impact on business operations".
https://www.theage.com.au/politics/federal/rba-told-to-mobilise-all-forces-to-save-the-economy-from-climate-change-20200120-p53szi.html
WTF attempted takeover by the Rothschild's of Australia on the back of their weather warfare????
#7862073 at 2020-01-20 20:28:29 (UTC+1)
Q Research General #10062: Hit'em Hard One Bread At A Time! Edition
President [Herman] Gref of Federal central bank Sberbank
On January 18th, Gref told Tass News, "We should brace for the collapse of the existing world order. It will be very painful."
https://tass.com/top-officials/1043741
#7855201 at 2020-01-19 18:01:23 (UTC+1)
Q Research General #10054: Remember THIS DAY 2yr Delta Edition
How the US Wages War to Prop up the Dollar
At Counterpunch, Michael Hudson has penned an important article that outlines the important connections between US foreign policy, oil, and the US dollar.
In short, US foreign policy is geared very much toward controlling oil resources as part of a larger strategy to prop up the US dollar. Hudson writes:
The assassination was intended to escalate America's presence in Iraq to keep control of the region's oil reserves, and to back Saudi Arabia's Wahabi troops (Isis, Al Quaeda in Iraq, Al Nusra and other divisions of what are actually America's foreign legion) to support U.S. control of Near Eastern oil as a buttress of the U.S. dollar. That remains the key to understanding this policy, and why it is in the process of escalating, not dying down.
The actual context for the neocon's action was the balance of payments, and the role of oil and energy as a long-term lever of American diplomacy.
Basically, the US's propensity for driving up massive budget deficits has created a need for immense amounts of deficit spending. This can be handled through selling lots of government debt, or through monetizing the debt. But what if there isn't enough global demand for US debt? That would mean the US would have to pay more interest on its debt. Or, the US could monetize the debt through the central bank. But that might cause the value of the dollar to crash. So, the US regime realized that it must find ways to prevent the glut of dollars and debt from actually destroying the value of the dollar. Fortunately for the regime, this can be partly managed, it turns out, through foreign policy. Hudson continues:
The solution [to the problem of maintaining the demand for dollars] turned out to be to replace gold with U.S. Treasury securities (IOUs) as the basis of foreign central bank reserves. After 1971, foreign central banks had little option for what to do with their continuing dollar inflows except to recycle them to the U.S. economy by buying U.S. Treasury securities. The effect of U.S. foreign military spending thus did not undercut the dollar's exchange rate, and did not even force the Treasury and Federal Reserve to raise interest rates to attract foreign exchange to offset the dollar outflows on military account. In fact, U.S. foreign military spending helped finance the domestic U.S. federal budget deficit.
https://mises.org/power-market/how-us-wages-war-prop-dollar
#7853931 at 2020-01-19 13:47:39 (UTC+1)
Q Research General #10052: The Oh-So-Long After Midnight Edition
>>7853923
Yeah he did. central bank list and FED.
#7853426 at 2020-01-19 10:20:47 (UTC+1)
Q Research General #10052: The Oh-So-Long After Midnight Edition
>>7853388
>>7853392
www.oiac.org
Iran SIG (Special Interest Group)
MEK terrorists freely walk the USA after HRC/Obama admin delisted them from FTO.
Noname, Pelosi, Schumer, all of the deep state MOS agents working with MEK to overthrow Iranian regime and install Maryam Rajavi as leader.
Rothschild takeover of Iran central bank.
#7849919 at 2020-01-19 00:39:21 (UTC+1)
Q Research General #10047: Bringing Up Baby W/ Arsenic & Old Lace Edition
944 Trillion Reasons Why The Fed Is Quietly Bailing Out Hedge Funds
On Friday, Minneapolis Fed president Neel Kashkari, who just two months earlier made a stunning proposal when he said that it was time for the Fed to pick up where the USSR left off and start redistributing wealth (at least Kashkari chose the proper entity: since the Fed has launched central planning across US capital markets, it would also be proper in the banana republic that the US has become, that the same Fed also decides who gets how much and the entire free democracy/free enterprise/free market farce be skipped altogether) issued a challenge to "QE conspiracists" which apparently now also includes his FOMC colleague (and former Goldman Sachs co-worker), Robert Kaplan, in which he said "QE conspiracists can say this is all about balance sheet growth. Someone explain how swapping one short term risk free instrument (reserves) for another short term risk free instrument (t-bills) leads to equity repricing. I don't see it."
To the delight of Kashkari, who this year gets to vote and decide the future of US monetary policy yet is completely unaware of how the plumbing underneath US capital markets actually works, we did so for his benefit on Friday, although we certainly did not have to: after all, the "central banks' central bank", the bank for International Settlements, did a far better job than we ever could in its December 8 report, "September stress in dollar repo markets: passing or structural?", which explained not just why the September repo disaster took place on the supply side (i.e., the sudden, JPMorgan-mediated liquidity shortage at the "top 4" commercial banks which prevented them from lending into the rep o market)…
https://www.zerohedge.com/markets/944-trillion-reasons-why-fed-quietly-bailing-out-hedge-funds
#7847788 at 2020-01-18 20:05:17 (UTC+1)
Q Research General #10044 New Baker Rising
So…just another regular reminder regarding the greatest act of treason in American history!
1913!
A demonrat House, demonrat Senate and demonrat president (not deserving of a capital p) committed outright treason, violated the American Constitution, allowing the setting up of a foreign pond-scum central bank and giving control over the American currency - a control given by the Founding Fathers to ONLY the elected government - to those same foreign scumbags and turning 100's of millions of Americans - Generations! - into debt slaves to globalist pigs who feel it is their right to control all the money in the world and if people in any country want to use their own currency…they can borrow off the scum at interest.
Americans must never forget the last 113 years of slavery of ALL Americans orchestrated and implemented by the treasonous demonrat party!
ALL AMERICANS must keep this uppermost in mind - demonrats have always been slave owners. demonrats owned ALL slaves, demonrats created the kkk, demonrats voted against ending slavery, demonrats voted against allowing their slaves to vote, the demonrats voted against giving female slaves the right to vote, or be equal.
Anyone in America, ABSOLUTELY ANYONE who thinks the demonrat slave-owners should be voted for is NOT American!
#NOTONEDEMOCRAT2020!
#NOTONESOCIALIST2020!
#NOTONERINO2020!
#7846536 at 2020-01-18 16:40:09 (UTC+1)
Q Research General #10043: RR Took the Cover off the Lovers Edition
Political dispute over Ukrainian central bank intensifies
The National bank of Ukraine has been implicated in another political dispute seemingly linked to its attempts to clean up the country's banking sector.
The NBU released its strategic plan for the coming year on January 16, saying that one of its major priorities was the "improvement of interactions with the government of Ukraine".
https://www.centralbanking.com/central-banks/governance/4666286/political-dispute-over-ukrainian-central-bank-intensifies
#7845872 at 2020-01-18 14:39:58 (UTC+1)
Q Research General #10042: Generic Bread Title Please Don't Shut It Down Edition
Libyan Oil Exports Blocked Ahead of Berlin Peace Conference
Libya declares Force Majeure as output cut by 800,000 barrels. Germany hosting conference aimed at ending country's civil war.
Libyan commander Khalifa Haftar blocked oil exports at ports under his control, slashing output by more than half and posing a potential setback for an international conference on Sunday that aims to broker an end to a civil war in the OPEC nation.
As a result of the blockage of ports in the central and eastern parts of the country, oil output will fall by about 800,000 barrels a day, costing $55 million daily, the National Oil Corp. said in a statement on Saturday. The NOC declared Force Majeure, which can allow Libya, which holds Africa's largest-proven oil reserves, to legally suspend delivery contracts. The show of force comes as Haftar prepares to attend an international conference in Berlin hosted by German Chancellor Angela Merkel where the general will face pressure to agree to a cease-fire. Haftar, whose troops have been bogged down in the southern suburbs of the capital of Tripoli, has so far refused efforts to end his offensive and agree to a compromise. The ports closure is an attempt by Haftar to condition the negotiations in Berlin," said Arturo Varvelli, head of the Rome office and a senior policy fellow at the European Council on Foreign Relations. "It could be counterproductive as it could make the Europeans, who are the largest consumers of Libyan oil, very upset."
By shutting down the oil fields, Haftar is denying a key source of revenue to the internationally elected government of Prime Minister Fayez al-Sarraj. Funds from oil production go the country's central bank and have been used by Tripoli to buy weapons for its defense.
An earlier round of peace talks held in Russia this week broke down after Haftar rejected a proposed truce agreement that had already been signed by Sarraj. The commander abandoned Moscow early Tuesday after refusing to stamp the deal that had been brokered by Russia and Turkey, which supports Sarraj's government. Russian mercenaries back Haftar's forces, as do Egypt and the United Arab Emirates. Former colonial power Italy also has a military training mission numbering several hundred troops in the country. Turkish soldiers are training forces loyal to Sarraj, and Turkish-backed Syrian rebels have also joined the fray.
Russia and Turkey, which have assumed increasingly assertive roles in the Libyan conflict as they jockey for influence in the Mediterranean, brought Libya's feuding leaders to the talks after concluding their intervention in the country was too costly.
Haftar will face additional pressure at the Berlin conference. Apart from Russian President Vladimir Putin and Turkish Leader Recep Tayyip Erdogan, French President Emmanuel Macron, U.K. Prime Minister Boris Johnson, Italian Prime Minister Giuseppe Conte and U.S. Secretary of State Michael Pompeo will also be on hand.
https://www.bloomberg.com//news/articles/2020-01-18/libya-declares-force-majeure-as-haftar-s-army-blocks-oil-exports
#7845816 at 2020-01-18 14:26:45 (UTC+1)
Q Research General #10042: Generic Bread Title Please Don't Shut It Down Edition
POTUS' Fed pick Judy Shelton faces obstacles to confirmation
The White House said this week that President Trump intends to nominate economists Judy Shelton and Christopher Waller to Fed governorships. While Waller is likely to face easy confirmation, Shelton's prospects are less clear.
One question she will have to clear is residency. Two governors cannot come from the same district.
Speculation also has swirled over whether Shelton may be Trump's pick for chair after Jerome Powell's term expires.
that is the sole reason for nominating her imo.
President Donald Trump's intention to nominate economist Judy Shelton to the Federal Reserve comes with two pressing questions - whether she could be a future chair at the central bank, and if she even will be able to serve if confirmed.
The first is largely a political question and would only come into play if Trump continues to be dissatisfied with Chairman Jerome Powell and chooses not to renominate him when his term expires in 2022.
The second, though, is a sticky legal question and centers around a provision in the Federal Reserve Act that prohibits two governors from the same district. Governor Lael Brainard hails from the same Richmond region, though it's not clear that there wouldn't be a way around the rule. In an announcement Wednesday, the White House said Trump plans on sending Shelton's name to the Senate, along with that of fellow economist Christopher Waller of Missouri, whose nomination is expected to face few obstacles.
Selgin pointed specifically to former governors Elizabeth Duke (2008-12) and Sarah Raskin (2010-14), both of whom also were from the Richmond district, which encompasses Washington, D.C.
A Fed spokesman referred the issue to the White House, which declined comment. Shelton did not respond to a request for comment.
The Federal Reserve Act states that "In selecting the members of the Board, not more than one of whom shall be selected from any one Federal Reserve district, the President shall have due regard to a fair representation of the financial, agricultural, industrial, and commercial interests, and geographical divisions of the country." One strategy that could be employed is if Shelton had a residence elsewhere. A White House release Wednesday stated that she is from Virginia, though she could be named to represent another district.
On the political issue, speculation has been growing that Shelton would be a strong contender for the chair position should Trump not renominate Powell. The president has been a fierce critic of Powell for the chairman's lead in raising interest rates four times in 2018 and for rolling back the trillions of dollars in asset purchases instituted by his predecessors.
Shelton's record on interest rates is somewhat complicated - she has criticized both the near-zero rates instituted during and for several years after the financial crisis, and the more recent moves to raise rates. Trump has pushed the Fed to cut rates and even urged the central bank to look at the negative rates pervasive in parts of Europe. Shelton also has spoken in favor of returning to the gold standard that backs the issuance of U.S. dollars, and opposes the practice of paying interest on reserves that banks store at the Fed.
https://www.cnbc.com/2020/01/17/trump-fed-pick-judy-shelton-faces-obstacles-to-confirmation.html
#7844124 at 2020-01-18 05:38:52 (UTC+1)
Q Research General # 10040: Bread Splits Taking Shill Hits Edition
As part of its vital national security mission, the U.S. Treasury Department issues subpoenas to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) - a Belgium-based company with U.S. offices that operates a worldwide messaging system used to transmit financial transaction information - seeking information on suspected international terrorists or their networks. Under the terms of the subpoenas, the U.S. Government may only review information as part of specific terrorism investigations.
At the end of 2009 SWIFT stopped storing certain sets of these critical data on its U.S. servers and hosts those data in the European Union. The United States negotiated an agreement with the European Union on the processing and transfer of this information to the U.S. Treasury Department. The Agreement became effective on August 1, 2010.
Based on information that identifies an individual or entity, the U.S. Government is able to conduct targeted searches against the limited subset of records provided by SWIFT in order to trace financial transactions related to suspected terrorist activity.
SWIFT information greatly enhances our ability to map out terrorist networks, often filling in missing links in an investigative chain. The U.S. Government acts on this information - and, for counter-terrorism purposes only, shares leads generated by the TFTP with relevant governments' counter-terrorism authorities - to target and disrupt the activities of terrorists and their supporters.
By following the money, the TFTP has allowed the U.S. and our allies to identify and locate operatives and their financiers, chart terrorist networks, and help keep money out of their hands.
SWIFT is overseen by a committee drawn from major central banks - including the U.S. Federal Reserve, the bank of England, the European central bank, the bank of Japan, and the lead overseer, the National bank of Belgium. The overseers have been informed about SWIFT's participation in Treasury's TFTP efforts and the safeguards and assurances put in place.
#7844016 at 2020-01-18 05:23:34 (UTC+1)
Q Research General # 10039: Patient Lee Watching the Water Edition
Executive Order 13599 of February 5, 2012
Blocking Property of the Government of Iran and Iranian Fi-
nancial Institutions
By the authority vested in me as President by the Constitution and the
laws of the United States of America, including the International Emergency
Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emer-
gencies Act (50 U.S.C. 1601 et seq.), section 1245 of the National Defense
Authorization Act for Fiscal Year 2012 (Public Law 112-81) (NDAA), and
section 301 of title 3, United States Code,
I, BARACK OBAMA, President of the United States of America, in order
to take additional steps with respect to the national emergency declared
in Executive Order 12957 of March 15, 1995, particularly in light of the
deceptive practices of the central bank of Iran and other Iranian banks
to conceal transactions of sanctioned parties, the deficiencies in Iran's anti-
money laundering regime and the weaknesses in its implementation, and
the continuing and unacceptable risk posed to the international financial
system by Iran's activities, hereby order: …..
#7839436 at 2020-01-17 19:38:24 (UTC+1)
Q Research General #10034: VA is a hotbed of trouble brewing! Edition
Fed Plans Shift From Writing Rules to Watching How banks Behave
Vice Chairman Quarles outlines changes in industry supervision
The Federal Reserve is shifting its focus from writing and revising rules aimed at limiting risk in the banking system to a concentration on how lenders interpret the restrictions, the agency's supervision chief said Friday.
Having finished the bulk of its work on major rules, the Fed can now devote more attention to behind-the-scenes interactions between bankers and their government overseers, Vice Chairman Randal Quarles said at a meeting of industry lawyers in Washington. He said the central bank will be more transparent about its supervisory work, sharing guidance documents with Congress and seeking public comment on them as it does with new rules.
"Supervisors promote good risk management and thus help banks preemptively avert excessive risk-taking that would be costly and inefficient to correct after the fact," Quarles said. "Where banks fall materially out of compliance with a regulatory framework or act in a manner that poses a threat to their safety and soundness, supervisors can act rapidly to address the failures."
Financial-industry regulators appointed by President Donald Trump have overhauled restrictions put in place after the 2008 credit crisis, and they've blunted the sting of some strictures that Wall Street hated most. The Fed last year completed some of those items and finished a major project to tailor regulations to banks based on their size, complexity and business models.
Quarles said the new emphasis on supervision and the proposed incremental changes are meant to "increase transparency, accountability and fairness" without jeopardizing the strength of the financial system.
In another potential change, he said the Fed could also clarify how banks are added to list of complex institutions overseen by the Large Institution Supervision Coordinating Committee. That's meaningful because those dozen lenders including JPMorgan Chase & Co., bank of America Corp., Deutsche bank AG and Credit Suisse Group AG are compared with their peers when evaluated by supervisors. Quarles said he wants to move the four foreign banks – Deutsche bank, Credit Suisse, UBS Group AG and Barclays bank Plc – to a lower category.
He also said he favors codifying the Fed's assurances that it won't treat guidance – such as the 2013 directives on leveraged lending – as enforceable rules.
The vice chairman said the Fed intends to be clearer with the banks about what it wants and why, opening more two-way communication with the industry. His agency has earned a reputation for opacity, rarely revealing its evaluation methods or sharing specifics about its expectations, but Quarles' tenure has been marked by a relaxation of the secrecy around the stress tests introduced after the 2008 meltdown to ensure the banks can weather another crisis.
Quarles didn't address the status of some pending rules. The Fed is still working with other agencies on a new proposal to govern Volcker Rule limits on banks' investments, and it's also completing work on significant measures dealing with bank liquidity and leverage.
https://www.bloomberg.com//news/articles/2020-01-17/fed-plans-shift-from-writing-rules-to-watching-how-banks-behave?srnd=markets-vp
this guy had his thumb up his ass during the last House hearing….
Federal Reserve V.P. Grilled at House Hearing on Hundreds of Billions in Fed Loans to Wall Street
https://wallstreetonparade.com/2019/12/federal-reserve-v-p-grilled-at-house-hearing-on-hundreds-of-billions-in-fed-loans-to-wall-street/
#7838742 at 2020-01-17 18:04:24 (UTC+1)
Q Research General #10033: Friday Forecast: Scattered Cabal with 100% Chance of PAIN Edition
Venezuela Cash Hoard Sinks Below $1 Billion With Gold Locked Up
-Total reserves at a three-decade low of just $6.61 billion. Limited liquid reserves may bode ill for food, medical imports.
Venezuela's international reserves, already at a 30-year low, have hit a grim new milestone as cash holdings fall below $1 billion amid crippling economic sanctions.
Venezuela's central bank now has only about $800 million left in cash and an additional $200 million of other liquid assets, according to three people with knowledge of the bank's balance sheet. While the country holds some 73 tons of gold in local vaults, selling it has become increasingly difficult amid the U.S. efforts to cut off Nicolas Maduro's regime from a global network of buyers, banks and middlemen. The shrinking coffers mark a new low for Venezuela, where an economic crisis rooted in the collapse of its all-important oil industry has been exacerbated by wide-reaching U.S. sanctions that have cut the nation off from international capital markets. A shortage of cash could threaten the Maduro regime's ability to continue food subsidy programs, import basic goods and maintain support from top military officials.
Press officials for Venezuela's central bank didn't respond to requests for comment. A significant chunk of Venezuela's gold, 32 tons worth about $1.6 billion, remains in London after the bank of England declined multiple requests from Maduro to repatriate the gold. While the central bank is independent, the U.K. government doesn't recognize Maduro as the country's legitimate leader and says his regime shouldn't have access to overseas assets. Total reserves fell by $832 million this month to $6.11 billion, the lowest since July 1989. The drop is largely due to cuts in cash holdings of Chinese yuan, one of the people said.
The reserves also include about $400 million of special drawing rights that are hung up at the International Monetary Fund, which has also shut Venezuela out. The country had already whittled down its SDR holdings from almost $1 billion in March 2018.
Opposition leader Juan Guaido has been recognized by more than 50 nations as Venezuela's rightful president since early 2019, and the sanctions that have cut Maduro off from the global financial system are part of efforts to oust his administration.
https://www.bloomberg.com//news/articles/2020-01-17/venezuela-s-cash-hoard-sinks-below-1-billion-as-sanctions-bite
#7834924 at 2020-01-17 02:15:33 (UTC+1)
Q Research General #10028: [Y] So Serious Edition
Trump Nominates Chris Waller, Judy Shelton To Fill Fed Vacancies
President Trump intends to nominate Christopher Waller and Judy Shelton to fill the two vacant posts on the Federal Reserve Board of Governors, according to a White House memo released to the press Thursday evening.
Both have been rumored to be candidates for the two open seats, with rumors about Shelton's candidacy inspiring an intense discussion over her reputation as a "gold bug" and opponent of liberal central bank monetary policies. In the past, she has advocated a return to the gold standard. She currently serves as the US director for the European bank of Reconstruction and Development.
https://www.zerohedge.com/markets/trump-nominates-chris-waller-judy-shelton-fill-fed-vacancies
#7831170 at 2020-01-16 18:54:15 (UTC+1)
Q Research General #10022: Follow The Pens Edition
Capitalism in America: How a Dismal Decimal is Robbing Americans Blind
There is no hiding anymore, the United States has become an oligarch owned banana republic with nukes, and with a monopoly currency which has allowed it to rig the markets for half a century. But now we are only a couple of hours from curtain - Midnight in America.
With the stock market at all-time highs, virtually no unemployment (or so they say), and brisk GDP growth (supposedly) in the last decade, economic analysts would declare that the US economy is in excellent shape. But, it isn't. The stock market is a central bank inflated asset bubble, and what GDP growth there has been, is an illusion brought about by the very same financial bubble and by pumping the economy up with record federal borrowings to finance the deficits that America cannot afford. Rigged statistics showing artificially low inflation serve to hold together the Trumped-up American economic narrative. (About the rigged inflation statistics, see this report https://www.awaragroup.com/blog/the-inflation-measurement-scam/?fbclid=IwAR0qmpe4i0sp5Uce9UlyEDt0_NkIv-aiDTSgvzHh5EMfZn5WQboZz_mB-XU). And the low unemployment figure is nothing but a chimera based on misleading statistics.
In reality, the US economy is failing - and the country with it. At least two-thirds of the population has seen dramatic declines in living standards and half are back to levels of developing nations - without the development.
The big story covered up by all the happy macroeconomic figures repeated by rote by the US establishment - everybody from the president to cable television pundits and Trump fanboys - is the gradual impoverishment of the American worker. That's an inconvenient truth increasingly difficult to hide as the American dream has turned into a nightmare for huge swathes of the population. As the figures we present below show, the rich are really getting richer, the middle class has been decimated, and half of Americans are poor and destitute of any financial wealth. The super-rich are gobbling up an ever-increasing slice of the American pie at the cost of all the rest who get nothing but table scraps on one side and leftover crumbs on the other, if anything. The resulting stratification of society has brought back a medieval servant economy, where the have-nots are doing odd jobs, cleaning houses, fetching groceries, running errands and deliveries for the feudal rich and the remaining shrinking middle class.
Thanks to the Fed (the American oligarch owned central bank) pushing easy money into the hands of the privileged elite, the super-rich Dismal Decimal - the top 0.1% - have by now amassed as much wealth as they had just before the Great Depression that started with the stock market crash in 1929. A lesson not learned. Back to square one. How will it end this time?
This article is based on an Awara Accounting https://www.awaragroup.com/ study titled "Widening Income and Wealth Gap and Stagnating Wages in America." https://www.awaragroup.com/blog/widening-income-and-wealth-gap-and-stagnating-wages-in-america/ Links and source references to all the facts presented here can be found in said study.
BTW all the data in this report is derived from official US government sources and American experts analyzing them.
During the last decades, the financial rewards from the rigged markets first flew exclusively into the pockets of Top 10%, but later it was increasingly Top 1%, which pocketed most, perfectly illustrated by below charts.
1. The income of Top 1% has grown five times as fast as that of Bottom 90% income since 1970, who now earn double the amount of income than 160 million poor of the lower 50% stratum.
MUCH MOAR
https://thesaker.is/capitalism-in-america-how-a-dismal-decimal-is-robbing-americans-blind/
How the 1% are stealing everything
#7830886 at 2020-01-16 18:25:53 (UTC+1)
Q Research General #10022: Follow The Pens Edition
>>7830876
Q: Who owns the stock of the Federal Reserve banks?
A: The dynastic families of the ruling World Order, internationalists who are loyal to no race, religion, or nation. They are families such as the Rothschilds, the Warburgs, the Schiffs, the Rockefellers, the Harrimans, the Morgans and others known as the elite, or "the big rich".
Q: Can I buy this stock?
A: No. The Federal Reserve Act stipulates that the stock of the Federal Reserve banks cannot be bought or sold on any stock exchange. It is passed on by inheritance as the fortune of the "big rich". Almost half of the owners of Federal Reserve bank stock are not Americans.
Q: Is the Internal Revenue Service a governmental agency?
A: Although listed as part of the Treasury Department, the IRS is actually a private collection agency for the Federal Reserve System. It originated as the Black Hand in mediaeval Italy, collectors of debt by force and extortion for the ruling Italian mob families. All personal income taxes collected by the IRS are required by law to be deposited in the nearest Federal Reserve bank, under Sec. 15 of the Federal Reserve Act, "The moneys held in the general fund of the Treasury may be ….deposited in Federal reserve banks, which banks, when required by the Secretary of the Treasury, shall act as fiscal agents of the United States."
Q: Does the Federal Reserve Board control the daily price and quantity of money?
A: The Federal Reserve Board of Governors, meeting in private as the Federal Open Market Committee with presidents of the Federal Reserve banks, controls all economic activity throughout the United States by issuing orders to buy government bonds on the open market, creating money out of nothing and causing inflationary pressure, or, conversely, by selling government bonds on the open market and extinguishing debt, creating deflationary pressure and causing the stock market to drop.
Q: Can Congress abolish the Federal Reserve System?
A: The last provision of the Federal Reserve Act of 1913, Sec. 30, states, "The right to amend, alter or repeal this Act is expressly reserved." This language means that Congress can at any time move to abolish the Federal Reserve System, or buy back the stock and make it part of the Treasury Department, or to altar the System as it sees fit. It has never done so.
Q: Are there many critics of the Federal Reserve beside yourself?
A: When I began my researches in 1948, the Fed was only thirty-four years old. It was never mentioned in the press. Today the Fed is discussed openly in the news section and the financial pages. There are bills in congress to have the Fed audited by the Government Accounting Office. Because of my expose, it is no longer a sacred cow, although the Big Three candidates for President in 1992, Bush, Clinton and Perot, joined in a unanimous chorus during the debates that they were pledged not to touch the Fed.
Q: Have you suffered any personal consequences because of your expose of the Fed?
A: I was fired from the staff of the Library of Congress after I published this expose in 1952, the only person ever discharged from the staff for political reasons. When I sued, the court refused to hear the case. The entire German edition of this book was burned in 1955, the only book burned in Europe since the Second World War. I have endured continuous harassment by government agencies, as detailed in my books "A WRIT FOR MARTYRS" and "MY LIFE IN CHRIST". My family also suffered harassment. When I spoke recently in Wembley Arena in London, the press denounced me as "a sinister lunatic".
Q: Does the press always support the Fed?
A: There have been some encouraging defections in recent months. A front page story in the Wall Street Journal, Feb. 8, 1993, stated, "The current Fed structure is difficult to justify in a democracy. It? an oddly undemocratic institution. Its organization is so dated that there is only one Reserve bank west of the Rockies, and two in Missouri…Having a central bank with a monopoly over the issuance of the currency in a democratic society is a very difficult balancing act."
Congressman McFadden
on the Federal Reserve Corporation
Remarks in Congress, 1934
AN ASTOUNDING EXPOSURE
http://home.hiwaay.net/%7Ebecraft/mcfadden.html
[back]
#7830876 at 2020-01-16 18:25:00 (UTC+1)
Q Research General #10022: Follow The Pens Edition
Questions and Answers [SECRETS OF THE FEDERAL RESERVE By Eustace Mullins]
While lecturing in many countries, and appearing on radio and television programs as a guest, the author is frequently asked questions about the Federal Reserve System. The most frequently asked questions and the answers are as follows:
Q: What is the Federal Reserve System?
A: The Federal Reserve System is not Federal; it has no reserves; and it is not a system, but rather, a criminal syndicate. It is the product of criminal syndicalist activity of an international consortium of dynastic families comprising what the author terms "The World Order" (see "THE WORLD ORDER" and "THE CURSE OF CANAAN", both by Eustace Mullins). The Federal Reserve system is a central bank operating in the United States. Although the student will find no such definition of a central bank in the textbooks of any university, the author has defined a central bank as follows: It is the dominant financial power of the country which harbors it. It is entirely private-owned, although it seeks to give the appearance of a governmental institution. It has the right to print and issue money, the traditional prerogative of monarchs. It is set up to provide financing for wars. It functions as a money monopoly having total power over all the money and credit of the people.
Q: When Congress passed the Federal Reserve Act on December 23, 1913, did the Congressmen know that they were creating a central bank?
A: The members of the 63rd Congress had no knowledge of a central bank or of its monopolistic operations. Many of those who voted for the bill were duped; others were bribed; others were intimidated. The preface to the Federal Reserve Act reads "An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial papers, to establish a more effective supervision of banking in the United States, and for other purposes." The unspecified "other purposes" were to give international conspirators a monopoly of all the money and credit of the people of the United States; to finance World War I through this new central bank, to place American workers at the mercy of the Federal Reserve system? collection agency, the Internal Revenue Service, and to allow the monopolists to seize the assets of their competitors and put them out of business.
Q: Is the Federal Reserve system a government agency?
A: Even the present chairman of the House banking Committee claims that the Federal Reserve is a government agency, and that it is not privately owned. The fact is that the government has never owned a single share of Federal Reserve bank stock. This charade stems from the fact that the President of the United States appoints the Governors of the Federal Reserve Board, who are then confirmed by the Senate. The secret author of the Act, banker Paul Warburg, a representative of the Rothschild bank, coined the name "Federal" from thin air for the Act, which he wrote to achieve two of his pet aspirations, an "elastic currency", read (rubber check), and to facilitate trading in acceptances, international trade credits. Warburg was founder and president of the International Acceptance Corporation, and made billions in profits by trading in this commercial paper. Sec. 7 of the Federal Reserve Act provides "Federal reserve banks, including the capital and surplus therein, and income derived therefrom, shall be exempt from Federal, state and local taxation, except taxes on real estate." Government buildings do not pay real estate tax.
Q: Are our dollar bills, which carry the label "Federal Reserve notes" government money?
A: Federal Reserve notes are actually promissory notes, promises to pay, rather than what we traditionally consider money. They are interest bearing notes issued against interest bearing government bonds, paper issued with nothing but paper backing, which is known as fiat money, because it has only the fiat of the issuer to guarantee these notes. The Federal Reserve Act authorizes the issuance of these notes "for the purposes of making advances to Federal reserve banks… The said notes shall be obligations of the United States. They shall be redeemed in gold on demand at the Treasury Department of the United States in the District of Columbia." Tourists visiting the Bureau of Printing and Engraving on the Mall in Washington, D.C. view the printing of Federal Reserve notes at this governmental agency on contract from the Federal Reserve System for the nominal sum of .00260 each in units of 1,000, at the same price regardless of the denomination. These notes, printed for a private bank, then become liabilities and obligations of the United States government and are added to our present $4 trillion debt. The government had no debt when the Federal Reserve Act was passed in 1913.
#7830169 at 2020-01-16 17:00:08 (UTC+1)
Q Research General #10022: Senate Peach Mint Begins Edition
The Fed built the Pentagon and Dept of Defense to enforce central banks in ever Country on the Planet.
Don't believe me?
Every Nation we involved ourselves in militarily since 1947 DID NOT HAVE A central bank.
Now every Nation we involved ourselves in militarily since 1947 DOES HAVE A central bank.
That's what POTUS is fighting right now. There are snakes everywhere.
I suggest prayers and lots of them.
#7826733 at 2020-01-16 03:55:44 (UTC+1)
Q Research General #10017: Loaf of Q Edition
>>7826390
>Definitely Bolton! Check out the RING
Pretty clear this Bread (BAKER) is comped where Bolton and MEK are concerned
We have Bolton in Qatar confirmed and nothing here but Crickets! Insane
found this on qresear.ch from Sunday which I guess explains the silence (MOS compd with Army of shit posters?)
>>7792325
>Posting about this for almost 2 years.
>It's now time to understand.
>Do research.
>You will find everything.
>Q posted a WL twat link to an article about Qanon, MEK and Deep State with a reason. Read it with different eyes... Back then Bolton was still in Trump team.
>https://qanon.pub/?q=wikileaks#1595
>https://mobile.twitter.com/wikileaks/status/1011441579565953025
>Link to article:
>https://www.mintpressnews.com/pro-trump-conspiracy-monger-qanon-calls-for-regime-change-in-iran/244686/
>Another important article:
>https://www.mintpressnews.com/regime-change-partition-and-sunnistan-john-boltons-vision-for-a-new-middle-east/239714/?comments-open=1
>Further, I would recommend everyone to do research on the Marxist MEK/MKO Rajavi Cult. It's about the Cabal's takeover of Iran, one of the last bastions without a Rothschild central bank.
>#FreeIran is NOT about freeing Iran, it's overthrowing the current regime and to install a communist fascist regime with Rajavi as leader (Queen).
>See www.oiac.org to find out all deep state supporters in the US. It's the 'Iran SIG' (Special Interest Group) Q referred to a couple of times.
#7824287 at 2020-01-15 23:29:42 (UTC+1)
Q Research General #10014: Learn to Bake and Discern the News You Can Lose! Edition
The Zombification Of America - Over 40% Of Listed Companies Don't Make Money
It's absolutely stunning how the Fed/ECB/BoJ injected upwards of $1.1 trillion into global markets in the last quarter and cut rates 80 times in the past 12 months, which allowed money-losing companies to survive another day.
The leader of all this insanity is Telsa, the biggest money-losing company on Wall Street, has soared 120% since the Fed launched 'Not QE.'
Tesla investors are convinced that fundamentals are driving the stock higher, but that might not be the case, as central bank liquidity has been pouring into anything with a CUSIP.
The company has lost money over the last 12 months, and to be fair, Elon Musk reported one quarter that turned a profit, but overall - Tesla is a blackhole. Its market capitalization is larger than Ford and General Motors put together. When you listen to Tesla investors, near-term profitability isn't important because if it were, the stock would be much lower.
The Wall Street Journal notes that in the past 12 months, 40% of all US-listed companies were losing money, the highest level since the late 1990s - or a period also referred to as the Dot Com bubble.
Jay Ritter, a finance professor at the University of Florida, provided The Journal with a chart that shows the percentage of money-losing IPOs hit 81% in 2018, the same level that was also seen in 2000.
https://www.zerohedge.com/markets/zombification-america-over-40-listed-companies-dont-make-money
#7823318 at 2020-01-15 21:39:36 (UTC+1)
Q Research General #10013: Anons working for DEJA MAGA VU Edition
Turkey Deploys 2000 al Qaeda Militants to Libya to Fight Haftar
Turkey and the Tripoli regime claim "it ain't so," bit it is. Turkey is shipping terrorists by the thousands to Libya to free that nation from what looks like a CIA backed coup.
In fact, every faction inside Libya is backed by a different American Deep State capo. That's what gangsters are like it seems.
The US backed Tripoli government, and Trump is backing Haftar and his army of Russian mercenaries fighting the US backed government (no, you can't make stuff like this up) has "rented" thus far 2000 al Qaeda jihadists who had previously been fighting with and against ISIS, the US, Syria, Russia but always aligned to either Turkey, Saudi Arabia and Israel, one, two or all three, depending on what day of the week it is.
The terrorist jihadists are being paid $2000 a month, more than 4 times what they were receiving from Saudi Arabia and Israel while working with the White Helmets to murder Syrian civilians and will now, undoubtedly, gain a foothold for ISIS and al Qaeda inside Libya as they had in both Syria and Iraq.
The Erdogan regime has promised all the jihadists Turkish citizenship when they are finished in Libya.
Guardian: Turkey or will arrive imminently to fight on the battlefields of Libya, Syrian sources in all three countries have said, in an unprecedented development that threatens to further complicate the north African state's intractable civil war.
The deployment came after Turkey agreed last month to come to the aid of the Libyan prime minister, Fayez al-Sarraj, who is backed by the UN, in the face of a months-long campaign by his rival, the warlord Khalifa Haftar.
Ankara has supported the Syrian opposition since the early days of the battle against the Syrian president, Bashar al-Assad, even as the original Free Syrian Army umbrella group grew weak and splintered because of infighting and the growth of Islamist elements within rebel ranks. (understatement) Turkey now uses some rebel fighters as proxies against Kurdish-led forces despite allegations of human rights abuses from watchdogs."
Tripoli is supported by the US, part of it at least and a number of VT personnel as well who run the central bank among other things while Haftar is a fascinating guy, longtime CIA asset, an American citizen, supposedly supported by Russia, France and the UAE.
A month ago, 3000 Sudanese joined Haftar's forces though Sudan is nominally controlled by Washington.
If you know less, or perhaps nothing, after reading this, then you understand totally.
https://www.veteranstoday.com/2020/01/15/turkey-deploys-2000-al-qaeda-militants-to-libya-to-fight-haftar/
#7822801 at 2020-01-15 20:28:40 (UTC+1)
Q Research General #10012: Dow is up, Jurek is down and China is dealing Edition
U.S. producer prices nudge up as inflation remains benign
U.S. producer prices edged up in December as a rise in the cost of goods was offset by weakness in services, the latest indication of tame inflation pressures that could allow the Federal Reserve to keep interest rates unchanged this year. The report from the Labor Department on Wednesday came in the wake of data on Tuesday showing a small rise in consumer prices in December. Inflation has remained tame even as the unemployment rate has dropped to near a 50-year low and the longest economic expansion on record entered its 11th year.
"There is still little sign of any significant rise in price pressures at the start of the inflation pipeline, underlining our view that the Fed will keep interest rates on hold for the foreseeable future," said Andrew Hunter, a senior U.S. economist at Capital Economics in London.
The producer price index for final demand ticked up 0.1% last month after being unchanged in November, the government said. In the 12 months through December, the PPI increased 1.3% after gaining 1.1% in November.
For all of 2019, the PPI rose 1.3%. That was the smallest gain since 2015 and followed a 2.6% increase in 2018.
Economists polled by Reuters had forecast the PPI climbing 0.2% in December and advancing 1.3% on a year-on-year basis.
Excluding the volatile food, energy and trade services components, producer prices also nudged up 0.1% in December after being unchanged in November. The so-called core PPI rose 1.5% in the 12 months through December after gaining 1.3% in November. Core PPI increased 1.5% in 2019, also the smallest advance since 2015, after rising 2.8% in 2018.
The Fed, which has a 2% annual inflation target, tracks the core personal consumption expenditures (PCE) price index for monetary policy. The core PCE price index rose 1.6% on a year-on-year basis in November, and undershot the Fed's target in the first 11 months of 2019. December PCE price data will be published later this month.
The U.S. central bank last month left interest rates steady and signaled monetary policy could remain on hold at least through this year after it reduced borrowing costs three times in 2019. Inflation could remain tame, with the government reporting last Friday that the annual increase in wage growth retreated to below 3.0% in December even as the unemployment rate held at 3.5% and a broader measure of labor market slack dropped to a record 6.7%.
Inflation has been muted despite the United States imposing tariffs on billions of dollars worth of imported Chinese goods. President Donald Trump and Chinese Vice Premier Liu He signed an initial trade deal on Wednesday, a first step toward defusing an 18-month trade war.
https://www.reuters.com/article/us-usa-economy/u-s-producer-prices-nudge-up-as-inflation-remains-benign-idUSKBN1ZE1QZ
#7821487 at 2020-01-15 17:16:46 (UTC+1)
Q Research General #10011: Let's Make a Deal! POTUS Large and In Charge Edition
JP Morgan's Historic Earnings Confirm that Fed Loans Are Subsidizing Profits on Wall Street
Yesterday, JPMorgan Chase reported that its profits for the quarter ending December 31, 2019 hit an all-time record. (The bank has been around for more than a century, so that's saying something.) The quarterly profits were $8.52 billion - for the same three-month period in which the New York Fed has been flooding unnamed Wall Street trading houses with hundreds of billions of dollars each week in super cheap loans. The so-called "repo loans" by the New York Fed are being made at a fraction of where the free market would price loans to these Wall Street trading houses. On September 17, 2019, the first day the Fed began this open money spigot to Wall Street, the market wanted to price these loans at 10 percent. The New York Fed intervened with a flood of cheap money to bring the rate down and has been making the loans at less than 2 percent since then. Yesterday, the New York Fed pumped out $82 billion to unnamed trading houses on Wall Street at interest rates of between 1.55 and 1.57 percent. "The six biggest U.S. banks' share of the estimated subsidy was $4.8 billion, or 23 percent of their combined net income during the time they were borrowing from the Fed."
One of the six largest U.S. banks, is, of course, JPMorgan Chase.
In a March 26, 2010 letter to shareholders, Jamie Dimon, Chairman and CEO of JPMorgan Chase, attempted to spin his bank's use of the Fed's money spigot:
First he wrote this: "We do not borrow 'cheap' from the Federal Reserve or any other source; we borrow at market rates, like everyone else does." Then he must have had a pang of conscience and wrote this later in the same missive to shareholders:
"We did participate in the Federal Deposit Insurance Corporation (FDIC) guarantee program, under which we issued $40 billion of debt with an FDIC guarantee. Many banks that used this program would not have had access to the capital markets without this guarantee and possibly could have failed. For JPMorgan Chase, it was not a question of access or need - to the extent we needed it, the markets always were open to us - but the program did save us money. As part of this program, we have paid the FDIC $1.3 billion, and, after paying the FDIC, it will save us a significant amount of money over the next few years.
"Our company was highly criticized for accepting the TARP capital and for using the FDIC program. After April 1, 2009, even though we were eligible to continue using the FDIC program, we stopped using it. There were many other government programs (with acronyms such as TALF and PPIP) that we believe were beneficial to the capital markets, but that we did not need and chose not to use, so as to avoid the stigma. (We did use the Term Auction Facility (TAF), a special government-sponsored depository facility, but this was done at the request of the Federal Reserve to help motivate others to use the system.)"
TAF is not the only cheap-interest-rate Fed program that JPMorgan Chase tapped during the financial crisis. According to the academic researchers who compiled data on Fed loans during the financial crisis for the Levy Economics Institute, JPMorgan Chase received a cumulative tally of $456.9 billion just from the Fed - not including its help from the FDIC. According to the audit of Fed loans to Wall Street belatedly conducted by the Government Accountability Office in 2011, it showed that JPMorgan had tapped the following cheap-interest loan programs offered by the Fed (cumulative totals): $99 billion from the Term Auction Facility; $112 billion from the Primary Dealer Credit Facility; $68 billion from the Term Securities Lending Facility; and $111 billion from the Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility for a cumulative total of $390 billion. That number falls short of the dollar amount calculated by the Levy Economics Institute data because the GAO did not include all of the Fed's cheap money programs.
The statutory mandate of the Federal Reserve, the central bank of the United States, is to maintain maximum employment and stable prices. The mandate has never been to subsidize trading profits at the serially miscreant banks on Wall Street that have a long, recidivist history of ripping off Main Street. But the New York Fed has carved out this role for itself because Congress refuses to hold meaningful hearings or use its subpoena power to investigate what's really going on today on Wall Street.
https://wallstreetonparade.com/2020/01/jpmorgans-historic-earnings-confirm-that-fed-loans-are-subsidizing-profits-on-wall-street/
#7819714 at 2020-01-15 12:19:32 (UTC+1)
Q Research General #10008: Post-Rally Super Comfy Night Shift Edition
Lebanese protesters vandalize country's central bank
Lebanese security forces used tear gas against protesters who vandalised the country's central bank on Tuesday, after a week-long lull in demonstrations in Beirut.
https://youtu.be/tmZzLr9K9Jc
#7816885 at 2020-01-15 02:34:08 (UTC+1)
Q Research General #10005: The General Flynn "DONE IN 30" Edition
China Injects $58 Billion Into banking System as Holiday Nears
China added liquidity to the financial system Wednesday, helping to offset a cash squeeze ahead of the Lunar New Year holiday. It kept interest rates on the loans unchanged. The People's bank of China added 300 billion yuan ($44 billion) through the medium-term lending facility at 3.25%, according to a statement from the central bank Wednesday. It also injected 100 billion yuan via open market operations after a 15-day hiatus, selling 14-day reverse repurchase agreements at 2.65%. There were no funds maturing Wednesday. Some 257.5 billion yuan worth of targeted medium-term loans will come due on Jan. 23.
Analysts estimate a 3.8 trillion yuan liquidity gap may need offsetting in January as Chinese companies and residents withdraw cash ahead of the week-long holiday. banks also have to build cash levels for tax payments and reserve requirements, among other needs. Authorities have signaled they will continue to reduce borrowing costs for companies in 2020 in part of a broader government drive to stabilize economic growth, even though signs of a recovery have emerged.
The injection comes after the central bank earlier this month lowered the amount of cash banks must keep in reserve, unleashing about 800 billion yuan into the financial system. It had also lowered the cost of the key one-year funding facility in November. The measures are expected to help with this year's earlier-than-usual sale of local government debt, which is largely used to finance infrastructure construction. banks are the main buyers of the bonds.
https://www.bloomberg.com//news/articles/2020-01-15/china-injects-58-billion-into-banking-system-as-holiday-nears
#7814048 at 2020-01-14 22:13:54 (UTC+1)
Q Research General #10001: 10K Breads and Onward! Edition
Bidness News
WTI Dips After Surprise Crude Build
After 5 straight down days, oil managed modest gains today with WTI bouncing off $58.00 on the heels of some optimism surrounding the imminent signing of the trade deal. Fundamentals are largely bearish due to oversupply concerns, especially given the huge build in stockpiles reported in the refined products last week, so all eyes will be on tonight's API data (barring any geopolitical headlines)…
API
-Crude +1.1mm (-1.1mm exp)
-Cushing -69k (-1.0mm exp)
-Gasoline +3.2mm (+3.4mm exp)
-Distillates +6.78mm (+1.1mm exp)
After the prior week's surprise build, analysts expected a small draw in crude (but continued builds in products). However, crude saw a build and products saw significant builds. WTI hovered around $58.40 ahead of the data, and dropped modestly on the surprise build.
https://www.zerohedge.com/energy/wti-dips-after-surprise-crude-build
Fed Announces Plans For Repo Operations Through to Mid-February
The Federal Reserve bank of New York on Tuesday announced plans to conduct repurchase agreement operations through until at least Feb. 13, although the size of term operations will be trimmed to $30 billion from the start of next month. The central bank did not elaborate on plans beyond that.
The move extends a program that has been in place since it stepped in to combat funding-market turmoil in September, but indicates the central bank may have one eye on the exit.
It announced plans to conduct a series of term repo operations from Jan. 16 through Jan. 30 of $35 billion apiece, in line with the most recent similar actions. Those scheduled from Feb. 4 to Feb. 13 will have a maximum offering size of $30 billion. The newly scheduled operations will provide liquidity through to Feb. 27. The maximum size of the central bank's daily overnight operations, meanwhile, will be kept steady at $120 billion. These are slated to continue until Feb. 13, according to the New York Fed. The Fed has been conducting repo offerings and Treasury-bill purchases in a bid to keep control of short-term interest rates and bolster bank reserves. That has calmed markets since the September spike that took overnight repo rates as high as 10% and helped to quell concerns about a potential cash crunch at the end of December 2019.
The Fed also announced Tuesday that it planned to keep unchanged the pace of Treasury purchases it conducts. The central bank will buy $60 billion a month of Treasury bills for reserve management and $20 billion a month of Treasuries of various types for reinvestment purchases, according to the New York branch's website.
that is here
Citigroup beats estimates on credit card, trading revenue growth
Citigroup Inc beat analysts' estimates for fourth-quarter profits on Tuesday, boosted by growth in its credit card business and a jump in trading revenue. North American branded cards, which account for a majority of the bank's consumer banking revenue, clocked double-digit revenue growth for the second straight quarter, rising 10% from a year earlier. The third-largest U.S. bank by assets has been leveraging its robust card business to help grow deposits by pitching checking and savings accounts to card holders. The bank gathered $6 billion in digital deposits last year. Markets and securities revenue rose 28% as markets steadied during the last three months of 2019, with the gains driven by a 49% surge in fixed-income trading. Equities trading fell 23% due to weak performance in derivatives.
Citi also reached a key profitability target. The bank hit a return on tangible common equity (ROTCE) of 12.1% for 2019, above the goal of 12% it promised investors for the year. ROTCE is a widely watched measure of how well a bank uses shareholder money to generate profits.
The bank, however, reduced its guidance for 2020 ROTCE to a range of 12% to 13%, down from prior guidance of 13.5%.
'Credit costs jumped 15%.
https://www.reuters.com/article/us-citigroup-results/citigroup-beats-estimates-on-credit-card-trading-revenue-growth-idUSKBN1ZD1O5
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
#7812378 at 2020-01-14 19:52:03 (UTC+1)
Q Research General #9999: 10K Maniacs Anons! Bread's Almost There!! Edition
>>7812363
pt 2
'Maintaining this sort of equidistant type of relationship … is going to be put to the test,' said Gary A. Grappo, a former US ambassador to Oman. 'Whoever that person is is going to have an immensely, immensely difficult job.
'And overhanging all of that will be the sense that he's not Qaboos because those are impossible shoes to fill.'
The sultan had been believed to be ill for some time, though authorities never disclosed what malady he faced.
A report released in December by the Washington Institute for Near-East Policy described the sultan as suffering from 'diabetes and a history of colon cancer.'
Sultan Qaboos spent eight months in a hospital in Germany, returning to Oman in 2015, with the royal court only saying that the treatment he received was successful.
In December 2019, he traveled to Belgium for a week for what the court described as 'medical checks.' Days of worry about his condition ended on December 31, with the royal court describing him to be in stable condition.
The sultan's greatest diplomatic achievement came when Oman hosted secret talks between Iranian and US diplomats that led to the 2015 nuclear deal between Tehran and world powers.
The agreement, which limited Iran's atomic program in exchange for the lifting of economic sanctions, has come unraveled since President Donald Trump withdrew from it in May 2018.
Even while mediating negotiations with Tehran, the sultan maintained ties to those in the Pahlavi dynasty that Iran's 1979 Islamic Revolution overthrew.
Sultan Qaboos' outward-looking worldview could not have contrasted more sharply than that of his father, Sultan Said bin Taimur, under whose rule the sultanate more resembled a medieval state.
Slavery was legal, no one could travel abroad and music was banned. At the time, the country, which is nearly the size of Poland, had only 10 kilometers (6.21 miles) of paved roads.
Yet Sultan Said let his son Qaboos, born in Salalah on November 18, 1940, travel to study in England.
Sultan Qaboos' time abroad included schooling at Britain's Royal Military Academy at Sandhurst and training with the Scottish Rifles Regiment in what was then West Germany.
He returned to Salalah in 1964 but found himself locked away in a palace. Music cassettes sent to him from friends abroad included secret messages from the British.
London was frustrated with Sultan Said, who had grown increasingly eccentric after surviving an assassination attempt and as Communist rebels kept up their offensive in the sultanate's Dhofar region.
On July 23, 1970, a palace coup ended with Sultan Said shooting himself in the foot before going into exile in London. Qaboos then took power.
'Yesterday, Oman was in darkness,' Sultan Qaboos said after the coup. 'But tomorrow, a new dawn will rise for Oman and its people.'
Sultan Qaboos quickly moved toward modernizing the country, building the schools, hospitals and roads his father didn't.
With the help of Iranian forces under Shah Mohammad Reza Pahlavi, the British and Jordan, the sultan beat back the Dhofar rebellion.
'You can see the sultan's fingerprints,' Grappo said. 'They're just everywhere.'
Over time, Sultan Qaboos introduced what amounted to a written constitution, created a parliament and granted citizens limited political freedoms. But the sultan always had final say.
In a sign of his strong grip, he also served as prime minister and minister of defense, finance and foreign affairs, as well as governor of the sultanate's central bank.
#7812355 at 2020-01-14 19:48:56 (UTC+1)
Q Research General #9999: 10K Maniacs Anons! Bread's Almost There!! Edition
Fed Considering Lending Cash Directly To Hedge Funds In Next Repo Market Crisis
At the beginning of December, the bank of International Settlements, presented a formerly unknown explanation for the September repocalypse, one which in addition to a sharp drop in liquidity by the "Top 4" banks, was amplified by an imbalance in demand for repo by hedge funds: "High demand for secured (repo) funding from non-financial institutions, such as hedge funds heavily engaged in leveraging up relative value trades," was a key factor behind the chaos, said Claudio Borio, head of the monetary and economic department at the BIS.
The BIS's finding was novel, and surprising, as it highlighted the "growing clout of hedge funds in the repo market" which in retrospect is to be expected: as we noted over a year ago, hedge funds such as Millennium, Citadel and Point 72 are not only active in the repo market, they are also the most heavily leveraged multi-strat funds in the world, taking something like $20-$30 billion in net AUM and levering it up to $200 billion. They achieve said leverage using repo.
In short, and as shown in the chart above, some of the world's biggest hedge funds are active in the repo market to boost their returns. The problem is what happens when repo rates get unhinged as happened on September 16: for the best example of how market players react when their underlying correlations go tilt, look no further than what happened to LTCM in 1998.
So with hedge funds now emerging as the weakest market transmission link in any future repo market flare up, the Fed has to act, and sure enough, as the WSJ reports, in order to minimize risk during any and all upcoming repo market crises, Fed officials are considering a new tool to ease repo market stress: namely bypassing the existing system entirely, and lending cash directly to smaller banks, securities dealers and hedge funds through the repo market's clearinghouse, the Fixed Income Clearing Corp., or FICC.
How is this different from the current system?
Well, as the BIS explained last month, hedge funds currently borrow through a process called sponsored repo, in which a large bank effectively act as a middleman or guarantor, pairing their government bonds with money-market funds willing to lend cash. The bank then guarantees that the parties will fulfill their obligations-repaying the cash or returning the securities. In the new proposal, firms trading through the FICC, would contribute to a fund that would cover a borrower's default.
Yet while the former regime is so convoluted only a few individuals, and the BIS, get it, the new approach makes the Fed's backstop of hedge funds far more explicit, and could also political problems for policy makers. The problem, as the WSJ notes, "centers on the central bank lending directly to hedge funds", which already only cater to ultra high net worth clients.
Are they really the ones that so desperately need a bailout when the next crisis hits?
It doesn'y really matter because hedge fund leverage is now so intertwined with the repo market, any bailout of the banks or the financial system, also explicitly bails out hedge funds, even though "some fear that lending directly to hedge funds could lead to the perception the Fed is fueling risky bets."
The idea of using the clearinghouse appeals to some investors and analysts because the Fed has had trouble getting cash into the hands of the smaller banks, securities dealers and investors who need it the most. That is because the Fed trades exclusively with a small group of large banks and securities firms, known as primary dealers. Even among these firms, activity is tightly concentrated. A study recently published by the bank for International Settlements said that liquidity in the repo market rests in the hands of the four largest banks in the U.S. system.
Of course, if hedge funds at least used the repo funding for some noble, original purposes, that could at least put some favorable spin on this debate. Alas, hedge funds mostly use the borrowed repo funds just to boost leverage and increase potential gains from investments, as shown in the top chart. Of course, such leverage can also magnify losses. And while policy makers typically haven't encouraged the use of levered investment strategies, the wide availability of repo has made it the preferred means for hedge funds to leverage up as much as 10x.
rest at link
https://www.zerohedge.com/markets/fed-considering-lending-cash-directly-hedge-funds-next-repo-market-crisis
#7809591 at 2020-01-14 14:06:39 (UTC+1)
Q Research General #9995: By the Dawn's Early Light Edition
Wells Fargo quarterly profit slumps as legal costs mount
Wells Fargo & Co (WFC.N) reported a 55% slump in fourth-quarter profit on Tuesday, as the fallout from a sales scandal that erupted in 2016 drove the bank to set aside another $1.5 billion toward legal expenses. Shares of the bank fell about 3% to $50.50 in premarket trading.
The lender is operating under heavy regulatory scrutiny, including an unprecedented cap on its balance sheet by the Federal Reserve, as it tries to rebuild its reputation since it was revealed that the bank had opened potentially millions of bogus accounts. Since then, the fourth-largest U.S. bank by assets has paid billions of dollars in fines and penalties.
San Francisco-based Wells last year appointed Charles Scharf, a one-time Jamie Dimon protégé, as its new chief executive officer, to help it rebuild its reputation with customers, investors and regulators.
"Wells Fargo is a wonderful and important franchise that has made some serious mistakes, and my mandate is to make the fundamental changes necessary to regain the full trust and respect of all stakeholders," Scharf said in a statement. "Our cost structure is too high, and I believe there are many areas where we will be able to increase our rate of growth," he added.
Net income applicable to common stock fell to $2.55 billion, or 60 cents per share, in the fourth-quarter ended Dec. 31, from $5.71 billion, or $1.21 per share, a year earlier. Analysts had expected a profit of $1.12 per share, according to Refinitiv data.
Wells Fargo's net interest income fell 11% from a year earlier as the U.S. central bank lowered borrowing costs three times last year, in a bid to sustain the more than decade-long economic expansion amid the prolonged U.S.-China trade war. The lender's mortgage income, however, rose to $783 million from $467 million a year earlier, benefiting from the lower interest rates.
Mortgage applications have increased in most weeks since the Fed began reducing rates, according to a Mortgage bankers Association index.
The bank's efficiency ratio was 78.6%, compared with 63.6% a year earlier. The ratio measures non-interest expenses as a percentage of revenue.
https://www.reuters.com/article/us-wells-fargo-results/wells-fargo-quarterly-profit-slumps-as-legal-costs-mount-idUSKBN1ZD1MK
#7808852 at 2020-01-14 10:54:47 (UTC+1)
Q Research General #9994: Red Alert! Late Night Aquatic Pumpkin Carving is Under Attack!!! Edition
>>7808489
Christine Lagarde- French politician and lawyer serving as President of the European central bank, since November 2019. Prior to this appointment, she served as Chair and Managing Director of the International Monetary Fund, between July 2011 and November 2019
In this video, she demonstrates her firm grasp on esoteric numerology, and speaking in coded language with fluency.
#7808805 at 2020-01-14 10:28:43 (UTC+1)
Q Research General #9994: Red Alert! Late Night Aquatic Pumpkin Carving is Under Attack!!! Edition
#2807 - 2019-02-19 16:47:31 (UTC+1)
[TOPIC: TAXPAYER THEFT]
INSIDER vs OUTSIDER
RETAIN CONTROL vs. LOSE CONTROL
Kennedy was an outsider [assassinated]
Reagan was an outsider [assassination attempt]
POTUS is an outsider [CLAS HIGH]
How much money (CASH) was sent by the FED to Iraq (Iraq War)?
https://www.theguardian.com/world/2007/feb/08/usa.iraq1
https://www.reuters.com/article/us-iraq-usa-cash/u-s-sent-pallets-of-cash-to-baghdad-idUSN0631295120070207
https://www.cnbc.com/id/45031100
How much money (CASH) was confiscated from the Iraq central bank?
https://www.ozy.com/flashback/saddam-husseins-billion-dollar-bank-heist/66076
[Example - not intended for PUBLIC awareness]
https://www.nytimes.com/2014/10/12/world/investigation-into-missing-iraqi-cash-ended-in-lebanon-bunker.html
If it worked in IRAQ, why not replicate in IRAN?
How much money (CASH) was sent to IRAN?
https://www.foxnews.com/politics/us-paid-iran-1-3b-two-days-after-400m-cash-transfer
Who controls the distribution of funds?
Who accounts for the funds?
Who has access to the funds?
Who 'really' has access to the funds?
Do funds return in the form of political donations?
Do funds return in the form of massive donations to 'FOUNDATIONS' and/or 'INSTITUTES'?
Do funds return in the form of offshore bank accounts for future payments/payoffs?
Replicate: Environment ('Green'), AID assist, etc.
NO HONEST CONTROL IN PLACE.
NO CHECKS & BALANCES IN PLACE.
NO SAFEGUARDS IN PLACE.
Threat of an OUTSIDER becoming PRESIDENT?
LOSS OF CONTROL?
https://www.youtube.com/watch?v=G2qIXXafxCQ
"Trillions of dollars at stake."
"Controlled by group of special interests."
"Illusion of democracy."
[Welcome to the Real World]
WE CANNOT AFFORD TO LOSE THIS RARE OPPORTUNITY TO RIGHT THE WRONGS.
WE, THE PEOPLE, MUST RECLAIM WHAT IS RIGHTFULLY OURS.
WE MUST RISE.
WE MUST FIGHT.
GOD BLESS THE UNITED STATES OF AMERICA.
Q
#7801411 at 2020-01-13 17:07:00 (UTC+1)
Q Research General #9985: HW gets breath of fresh air, then MM! Edition
How do banks fail, softly or with a hard crash? Politicians and the wealthy would prefer the system survive the coming passage of Nibiru, and thus will do all they can to disguise the distress that banks are experiencing. They hope for the common man to learn of Nibiru late, preferably during the Last Weeks, so they have no time to stop paying their mortgage, else foreclosures would increase. This is anticipated to be a temporary burden on the banks, though they can then auction the properties off.
We have long predicted banking failures going into the Pole Shift, due to a worldwide economic collapse from crop failures, earthquake damage to the infrastructure, insurance company bankruptcy, and consequent job loss with loss of income to the individual and to the GDP. Governments will at first respond by printing or producing more money, though fragile countries will be forced to declare bankruptcy. Weak banks will be closed to be absorbed by larger and stronger banks, but this process does have an end point.
central banks are at present pumping more liquidity into their banks. banks make their money when the loans they make are paid back with interest, but if loan failures occur, or the public fails to make new loans, then the banks do not have their anticipated income. Fat cat bankers and their stockholders are distressed. By pumping liquidity, the banks have more funds to loan and more funds for their expenses. This process can continue until the central bank can no longer risk running the currency at its base into insolvency.
We have predicted that the world will go into the barter system as the Pole Shift approaches. As foreclosures increase, banks will find they do not have the resources to monitor these properties, and they will be repossessed by their former owners or by strangers. Stocks and bonds will lose their value, with the Stock Markets being considered a joke. Tricks like a negative interest rate are already considered a joke. Why would someone buy a bond when it will cost them money? A currency, such as the Yuan or US dollar, or Euro will continue to be used as a medium of exchange on the street and in shops, however.
#7801272 at 2020-01-13 16:47:03 (UTC+1)
Q Research General #9985: HW gets breath of fresh air, then MM! Edition
US To Remove China "Currency Manipulator" Designation Ahead Of Treade Deal; Yuan Jumps
For anyone still seeking definitive confirmation that the Treasury's "Currency Manipulator" designation is nothing more than a political tool, here it is: moments ago Bloomberg reported that just five months after the Treasury slammed China as a currency manipulator on August 5 when the trade war between the two nations was near its apex, the US would lift said "manipulator" tag hours ahead of the Phase One trade deal which is now set to be announced to much fanfare on Jan 15.
According to the report, the Treasury Department will make the move in the latest semi-annual currency report, which is expected to be released ahead of Jan 15 after being delayed as the U.S. and China finalize a "phase one" trade pact.
As we reported at the time, On August 5 Treasury Secretary Steven Mnuchin first formally labeled China a currency-manipulator since the days of the Clinton administration, a move that further escalated the trade war with Beijing after the country's central bank allowed the yuan to fall in retaliation to new U.S. tariffs. The designation followed just hours after the Yuan tumbled below the critical level of 7 against the dollar.
And since it is now clear that this designation was merely a political ploy to push China, now that a deal is in sight, the designation is being lifted.
The administration had at one point considered maintaining the label and instead announcing it would monitor the yuan with the possibility of lifting the designation in August of this year, according to the people.
Mnuchin's August 2019 announcement prompted authorities in Beijing to increase transparency around how they manage the yuan. Some of that data has provided support for Treasury's view that the People's bank of China engages in competitive devaluations of its currency, the people said.
ronically, when China branded a currency manipulator it was for devaluing its currency when in reality Beijing has been fighting tooth and nail to keep its currency stronger than it should be based on the shadow outflows from the country's closed capital account; as a result economists slammed the August decision: the IMF said in September the yuan is fairly valued and that there's no evidence of manipulation, noting that China's weakening currency could also be attributed to a slowdown in growth.
More to the point, China also doesn't meet the criteria outlined in a 2015 U.S. law for formally designating a country a currency-manipulator. Mnuchin instead relied on a 1988 trade law that has a looser definition of currency manipulation to justify the claim. He did so after the yuan broke the 7 per dollar level for the first time since 2008, drawing Trump's ire.
As a reminder, the August announcement was made in a press release, outside the normal issuance of the report. That left currency strategists and policy experts without a full explanation for the decision. Treasury's currency report examines 20 countries for possible currency manipulation, a number that was increased from 12 in May.
And, as Bloomberg discloses, "Trump was involved in drafting the press release, which on his direction refers to China as a "Currency Manipulator," using capital letters."
Hinting at what's to come, last October Mnuchin said that if a trade deal with China were signed, he would consider removing the manipulator tag, saying that signing an agreement would be "a big step in the right direction." And now that a deal is imminent, this is precisely what has happened.
Following the bloomberg report, the Yuan rose to fresh session highs, with the USDCNH dropping to levels not seen since July.
https://www.zerohedge.com/geopolitical/us-remove-china-currency-manipulator-designation-ahead-treade-deal-yuan-jumps
interesting…
#7795088 at 2020-01-12 22:39:23 (UTC+1)
Q Research General #9977: The Frank Giustra and Alan Bender Edition
pb
looking for the guy in charge if the obama >> iran cash handover
found this guy
>>7794946
>>7794987
>>7794951
Basel AbuShaban
Managing Director - DINAR TRADING F.Z.E
United Arab Emirates310 connections
?
About
Founded Dinar Trading, F.Z.E. in 2006 to facilitate sensitive and high-value cargo transactions between Iraq and the United States, Dinar Trading has since grown to incorporate a variety of symbiotic profit generating activities across the Middle East and Greater Europe. Dinar Trading is headquartered in Dubai, United Arab Emirates with satellite offices in Ajman and Sharjah.
Agent for major US and European corporations' products and services in the GCC and Iraqi markets.
Senior Advisor and Consultant for influential political parties in the Middle East.
Offer special clients access to a wealth of networks of affluent individuals involved with both government and private sectors within the Gulf States countries with a specific emphasis on Iraq, Libya and South Sudan
Office of the United States Department of Treasury / Fiscal and Financial Attaché at the US Embassy, Baghdad - Iraq
Director of Operations and Security
Organizing and leading the escorted movements of US dollars and Iraqi dinars in the Baghdad area on behalf of the Ministry of Finance and the central bank.
Supervising, coordinating and leading the escorted movements of new Iraqi dinars from the distribution hub to the exchange locations.
Field enforcer for US office of the Comptroller JASG Finance office at the US Embassy in Baghdad.
Structuring, supervising, coordinating, securing and leading the escorted movements of Iraqi dinars and the US dollars. Responsible for leading on ground operations of over 1,485 successful currency missions for supplying and replenishing over 110 local Iraqi banks with new Iraqi dinars and US dollars in several governorates in Iraq (zero loss).
Managing relationships between the US Treasury office, the US Embassy, the coalition military and Iraqi institutions.
Specialties: Logistics and executing business operations in high threat theaters.
https://ae.linkedin.com/in/basel-abushaban-bb37b617
#7794951 at 2020-01-12 22:19:14 (UTC+1)
Q Research General #9776: Give Us This Day Our Daily Bread Edition
>>7794946
ideas on this person?
It has been called the largest airborne transfer of currency in the history of the world. But finding out what happened to all the money involved has become one of the biggest financial mysteries of all time.
US troops get ready to unload cash transported inside Iraq by helicopter.
Source: CNBC Sources
US troops get ready to unload cash transported inside Iraq by helicopter.
Beginning in the very earliest days of the war in Iraq, the New York Federal Reserve shipped billions of dollars in physical cash to Baghdad to pay for the reopening of the government and restoration of basic services.
The money was packed onto pallets inside a heavily guarded New York Federal Reserve compound in East Rutherford, New Jersey, trucked to Andrews Air Force Base outside of Washington, and flown by military aircraft to Baghdad International Airport.
By one account, the New York Fed shipped about $40 billion in cash between 2003 and 2008. In just the first two years, the shipments included more than 281 million individual bills weighing a total of 363 tons. But soon after the money arrived in the chaos of war-torn Baghdad, the paper trail documenting who controlled it all began to go cold.
Since then, investigators have spent years trying to trace what happened to the enormous amount of money shipped in the frantic days of the occupation of Iraq. Although there have been hundreds of pages of reports, Congressional hearings, and inquiries from Washington to Baghdad, no one in Congress, a special inspector general's office, the Department of Defense or the Iraqi government itself can say with certainty what exactly happened to all of that money.
Much of it may have been spent on the things it was intended for-but billions of dollars may have simply been stolen. The thefts likely ranged from complicated contracting schemes to brazen appropriations of billions in cash still in their New York Fed plastic wrappers.
US military officers in front of billions of dollars in cash inside the vault of the central bank of Iraq.
Source: CNBC Sources
US military officers in front of billions of dollars in cash inside the vault of the central bank of Iraq.
To find out what happened, a special inspector general for Iraq reconstruction has focused on the chain of custody-who was responsible for the money, minute by minute, as it made its way to Baghdad.
And although the money was handled by a variety of trained American officials and military officers in the first legs of its trip halfway around the world, CNBC has learned that something unusual happened on the Baghdad side of the transaction: Each of the money flights to Baghdad was met at the airport in Iraq by the same man.
The previously unknown Coalition Provisional Authority (CPA) official was tasked with picking up the bales of billions as they were unloaded from C-17s and arranging for them to get to the central bank of Iraq in downtown Baghdad. It was a perilous journey of about seven miles over a road the U.S. military called "Route Irish" through territory often controlled by insurgents. Travelers faced the threat of rocket propelled grenades, mortars, car bombs and IEDs.
Transit was so dangerous that returning American GI's often posted YouTube videos of their trips on Route Irish, just for the bragging rights of having been there.
The Baghdad Job The Baghdad Job
2:00 PM ET Tue, 25 Oct 2011
The CPA official was a stocky, middle-aged naturalized American citizen of Lebanese descent who was born in Saudi Arabia. His first name is Basel. At his request, CNBC has agreed to withhold his last name from this story. Basel ferried cash in Baghdad for the CPA and the American embassy from 2003 until 2008-all told handling, he said, about $40 billion in cash.
#7794946 at 2020-01-12 22:18:31 (UTC+1)
Q Research General #9776: Give Us This Day Our Daily Bread Edition
older
US troops get ready to unload cash transported inside Iraq by helicopter.
https://www.cnbc.com/id/45031100
The previously unknown Coalition Provisional Authority (CPA) official was tasked with picking up the bales of billions as they were unloaded from C-17s and arranging for them to get to the central bank of Iraq in downtown Baghdad. It was a perilous journey of about seven miles over a road the U.S. military called "Route Irish" through territory often controlled by insurgents. Travelers faced the threat of rocket propelled grenades, mortars, car bombs and IEDs.
Transit was so dangerous that returning American GI's often posted YouTube videos of their trips on Route Irish, just for the bragging rights of having been there.
#7792325 at 2020-01-12 16:54:09 (UTC+1)
Q Research General #9973: The World Is Watching Edition
>>7791489
>>7791316
>Someone has been saying
>> terror cult MEK
>for a long time on QResearch.
>Did I miss the sauce?
>What is the sauce?
Posting about this for almost 2 years.
It's now time to understand.
Do research.
You will find everything.
Q posted a WL twat link to an article about Qanon, MEK and Deep State with a reason. Read it with different eyes… Back then Bolton was still in Trump team.
https://qanon.pub/?q=wikileaks#1595
https://mobile.twitter.com/wikileaks/status/1011441579565953025
Link to article:
https://www.mintpressnews.com/pro-trump-conspiracy-monger-qanon-calls-for-regime-change-in-iran/244686/
Another important article:
https://www.mintpressnews.com/regime-change-partition-and-sunnistan-john-boltons-vision-for-a-new-middle-east/239714/?comments-open=1
Futher I would recommend everyone to do research on the Marxist MEK/MKO Rajavi Cult. It's about the Cabal's takeover of Iran, one of the last bastions without a Rothschild central bank.
#FreeIran is NOT about freeing Iran, it's overthrowing the current regime and to install a communist fascist regime with Rajavi as leader (Queen).
See www.oiac.org to find out all deep state supporters in the US. It's the 'Iran SIG' (Special Interest Group) Q referred to a couple of times.
#7790373 at 2020-01-12 08:46:53 (UTC+1)
Q Research General #9971: Saturday Night Late Bake Edition
>>7790332
Agree central banks not necessary.
Ron Paul wrote an interesting paper years ago about transitioning away from the central bank system by running a parallel choice of money (not currency) side by side and let the people choose. A weaning off period.
In a way, to a limited degree this is happening w/cryptos. The only faults I see in cryptos is security from hacking (or losing a key or wallet) and the issue of a fixed value, since diluting the amount of money/currency has always historically led to the same problem.
VZ was going to or did come out with a gold backed crypto. I haven't followed up on what happened with that.
Goldmoney married to something along the lines of a debit card?
I don't know the solution. Just know it can't be a chaotic unwind from the current system. There aren't very many people prepared to handle chaos.
#7790332 at 2020-01-12 08:34:40 (UTC+1)
Q Research General #9971: Saturday Night Late Bake Edition
>>7790321
central bank will be destroyed. They are not necessary. Invented by Rothschilds (Red Shield) to control the population and loot them of wealth.
#7790242 at 2020-01-12 08:03:17 (UTC+1)
Q Research General #9970: "The Good People Of IRAN Have The POWER" Edition
>>7790228
If they were just buzzwords you wouldn't be here right now. This board run on the Blockchain/Crypto. Ever wonder why they call it the central bank? Decentralizing banking gives back power to we the people. Crypto is very real. Perfect Example is this
Very board.
#7790231 at 2020-01-12 07:59:23 (UTC+1)
Q Research General #9970: "The Good People Of IRAN Have The POWER" Edition
>>7790219
crypto will have value because gold standard will be set, that's the point, treasury will set it, that's the point, not the central bank
#7780397 at 2020-01-11 05:06:12 (UTC+1)
Q Research General #9958: The Friday Night Dig And Tunes Session Edition
4/10/20 is our target date from Q and 'Spring to Early Summer' is the forecast by Bill Barr.
That means we have 93 days in the wake up of good digging weather.
To me, 93 days of digging should be broken down in priorities.
So, what are the priorities?
1. Human Trafficking (Child/sex/human sacrifice, adrenochrome, consumption)
2. Corrupt Federal Congress, both House and Senate (Pelosi/Waters worth more than their complete Salaries over their careers).
3. The Foreign Aid/central bank/Fed/credit-banking laws scam
4. Failure of the Churches and Education System.
5. Dumbing down of the Medical Industry / cures for diseases.
It seems to me if we just pick those 5 or something like them and do 2 or 3 digs on each one + the current event digs and advertise them so that everybody can dig.
I think we should take this down time and really start getting some good investigations going.
If 8kun does indeed go down, it'd be great for everybody to have the dig plan in hand to continue offline. At some point 8kun will come back up.
My 2 pesos…
#7773469 at 2020-01-10 18:10:58 (UTC+1)
Q Research General #9949: Keep Your Stick on the Ice Edition
The Fed Can't Reverse the Decline of Financialization and Globalization
The global economy and financial system are both running on the last toxic fumes of financialization and globalization.
For two generations, globalization and financialization have been the two engines of global growth and soaring assets. Globalization can mean many things, but its beating heart is the arbitraging of the labor of the powerless, and commodity, environmental and tax costs by the powerful to increase their profits and wealth.
In other words, globalization is the result of those at the top of the wealth-power pyramid shifting capital around the world to exploit lower costs of labor, commodities, environmental regulations and taxes.
This manifests as offshoring of jobs, the stripmining of forests, minerals, etc., the degradation of local ecosystems, the decline of tax revenues derived from capital and the explosive rise in stock market valuations as wages stagnate or decline.
A key element in globalization is the transfer of risk from the owners of capital to the workers and public resources. Examples of this transfer of risk abound: rather than pay workers benefits, corporations game part-time/full-time labor laws so workers' health insurance is paid by taxpayers (Medicaid). Corporations pay wages too low to survive so workers depend on public-sector assistance (food stamps, etc.)
Rather than provide vehicles to workers who drive for a living, corporations such as Uber and Lyft transfer all the risks of ownership, maintenance and enterprise to the drivers. And so on.
Financialization is the exploitation of assets/income that were previously safe from predation by those with access to low-cost central bank credit. While definitions vary, mine is:
Financialization is the mass commoditization of debt collaterized by previously unsecuritized assets, a pyramiding of risk and speculation that is only possible in a massive expansion of low-cost credit and leverage for those at the top of the wealth-power pyramid: financiers, banks and corporations.
One example is the student loan "industry," which prior to financialization did not exist. A previously safe from predation asset/source of income–college degrees–has been securitized so that loans issued to students for largely worthless diplomas can be sold globally as "secure assets with guaranteed yields."
That the exploited class of students have little to no income and no guarantee of income doesn't matter. What matters is a previously unexploited asset can be turned into debt that can be sold at an immense profit.
And so student loan debt has skyrocketed from near-zero to $1.6 trillion in less than a generation. This rapacious, ruthless exploitation would not have been possible without the central bank (Federal Reserve) and federal government enabling and enforcing the supremacy of private capital and the predation of the higher-education cartel.
The subprime mortgage loan bubble was another example of financialization: a previously inaccessible asset/income–the earnings of households with poor credit ratings–was suddenly available for exploitation, and guaranteed-to-default subprime mortgages were packaged with lower-risk mortgages and sold globally as "secure assets with guaranteed yields."
That this was outright fraud didn't matter to either the Federal Reserve or federal government.
Alas, all good predations end when the herd of prey has been dragged to the ground and consumed. All the fruit of financialization and globalization have been plucked by the powerful, and now both the engines of "growth" are sputtering.
The Federal Reserve and other central banks enabled this exploitation, but they're powerless to extend it: central banks can create nearly free credit for the powerful, but they can't conjure up new herds to be preyed upon.
As a result, the global economy and financial system are both running on the last toxic fumes of financialization and globalization, the final extremes of exploitation and predation as the pack of predators has exploded in size and influence while the herd of prey has been decimated.
In the dying light of the predators' last feast, the Fed is worshipped as an omnipotent entity with god-like powers to levitate markets higher forever. But since the Fed is powerless to restore the upward trajectory of financialization and globalization, its omnipotence is about to expire.
The prey always seem limitless to the predators, but this illusion expires when suddenly there is no longer enough for the ravenous pack of financial predators. At that point, the predators turn on each other. That is the narrative that will come to the fore in 2020 and play out in the decade ahead.
https://www.blacklistednews.com/article/75945/the-fed-cant-reverse-the-decline-of-financialization-and.html
#7770529 at 2020-01-10 08:22:58 (UTC+1)
Q Research General #9945: "They Will Fight But You Are Ready. Marker [9]" Edition
>>7770464
Disinfo.
Iran has it's own central bank.
#7770464 at 2020-01-10 08:02:57 (UTC+1)
Q Research General #9945: "They Will Fight But You Are Ready. Marker [9]" Edition
>>7770453
>ROTHSCHILD OWNED & CONTROLLED bankS:
>Iran: The central bank of the Islamic Republic of Iran
> Q
5:5
Iran was lost also.
#7770453 at 2020-01-10 07:58:29 (UTC+1)
Q Research General #9945: "They Will Fight But You Are Ready. Marker [9]" Edition
>>7768240 Side by side on reports IRCG officers & Soleimani were sold out by other officers
No.
It's only based on rumors spread by MEK on social media.
NCRI = MEK (Rajavi Cult)
OIAC = Iran SIG (Washington DC) www.oiac.org
It's not a resistance group, it's a zionist cult. Operations coordinated with Deep State money (pallets of cash) and Mossad.
Human trafficking network from Middle East.
HRC delisted MEK from int. terror list in 2012.
Dems and neocon support for regime change.
Iran still has no Rothschild central bank.
Clear?
#7767832 at 2020-01-10 02:21:49 (UTC+1)
Q Research General #9940: Nancy Not Operating With A Full Deck. Dig We Must. Edition
The Fed Can't Reverse the Decline of Financialization and Globalization
The global economy and financial system are both running on the last toxic fumes of financialization and globalization.
For two generations, globalization and financialization have been the two engines of global growth and soaring assets. Globalization can mean many things, but its beating heart is the arbitraging of the labor of the powerless, and commodity, environmental and tax costs by the powerful to increase their profits and wealth.
In other words, globalization is the result of those at the top of the wealth-power pyramid shifting capital around the world to exploit lower costs of labor, commodities, environmental regulations and taxes.
This manifests as offshoring of jobs, the stripmining of forests, minerals, etc., the degradation of local ecosystems, the decline of tax revenues derived from capital and the explosive rise in stock market valuations as wages stagnate or decline.
A key element in globalization is the transfer of risk from the owners of capital to the workers and public resources. Examples of this transfer of risk abound: rather than pay workers benefits, corporations game part-time/full-time labor laws so workers' health insurance is paid by taxpayers (Medicaid). Corporations pay wages too low to survive so workers depend on public-sector assistance (food stamps, etc.)
Rather than provide vehicles to workers who drive for a living, corporations such as Uber and Lyft transfer all the risks of ownership, maintenance and enterprise to the drivers. And so on.
Financialization is the exploitation of assets/income that were previously safe from predation by those with access to low-cost central bank credit.
https://www.blacklistednews.com/article/75945/the-fed-cant-reverse-the-decline-of-financialization-and.html
#7765673 at 2020-01-09 23:37:43 (UTC+1)
Q Research General #9939: We're Getting To The Good Part! Rally Bread Up! Edition
Summers Calls Bernanke Speech 'Last Hurrah' for central bankers
Former Treasury Secretary Lawrence Summers dismissed the optimism of former Federal Reserve Chairman Ben Bernanke, who recently said the central bank could likely fight off the next recession despite the low level of interest rates. Bernanke's speech was "a kind of last hurrah for the central bankers," Summers said in a taping of Bloomberg Television's "Wall Street Week" with David Westin, which will debut Friday at 6 p.m. in New York. "He argued that monetary policy will be able to do it the next time," Summers said. "I think that's pretty unlikely given that in recessions we usually cut interest rates by 5 percentage points and interest rates today are below 2%." The Fed's target range for its benchmark policy rate is currently at 1.5%-1.75%.
Speaking Jan. 4 at the annual meeting of the American Economic Association in San Diego, Bernanke said crisis-era policies of large-scale bond purchases, known as quantitative easing, and commitments to keep rates low for a very extended period via forward guidance, could be used effectively again if rates drop to zero. Combined, they packed the equivalent of 3 percentage points of additional rate cuts, Bernanke estimated.
Summers disagreed.
"I just don't believe QE and that stuff is worth anything like another 3 percentage points," he said. "We're going to have to rely on putting money in people's pockets, on direct government spending." Also at the AEA conference, Summers presented a paper written with ex-International Monetary Fund chief economist Olivier Blanchard saying governments should put in place "semi-automatic stabilizers," or policies that would automatically increase government spending – perhaps through temporary tax cuts or credits – once certain economic measures like unemployment passed agreed thresholds. Summers also said investors shouldn't expect the kind of returns they enjoyed over the past decade, especially from the stock market."Because interest rates are much lower and maybe risk premiums are the same as they always are, returns going forward are going to be substantially lower than they have been over the last decade," he said.
https://www.bnnbloomberg.ca/summers-calls-bernanke-speech-last-hurrah-for-central-bankers-1.1371752
#7764761 at 2020-01-09 21:39:28 (UTC+1)
Q Research General #9937: Pot Calling the Golden Kettle Black Edition
>>7764706
>The real stuff is regularly refered to as Constituiutonal silver as well
Imagine, if you will, that POTUS gets us back to Constitutional currency.
Will the clad coins in existence be worthless, or will they trade for new 90%?
Defaulting on central bank FRNs would be easy, but to default on coins from the treasury is a whole 'nuther matter.
#7759118 at 2020-01-09 04:28:55 (UTC+1)
Q Research General #9930: The hole is DEEP. The Clock in and DIG Deeper Edition
Iran Refuses to Hand Over Black Box From Fatal Boeing Crash Near Tehran - Nose of SAM Missile Discovered Near Crash Site...
In the aftermath of Ukraine Airlines Flight 752 exploding and crashing just north of Tehran airport, the Iranian government is refusing to turn-over the black box flight data recorders recovered from the crash site. Combined with the timing and location, their refusal is leading to increased speculation the flight may have accidentally been targeted by Iranian air-defense systems. The tragedy is being compounded by Iranian politics. The Boeing 737-800 is a very dependable aircraft with three decades of service. This specific Ukraine aircraft was built in 2016 & just had a service inspection on January 6th. Immediately after the crash, Iranian officials stated the cause was "technical difficulties", and after video surfaced showing the plane was on fire heading to the ground, Iran later stated the cause was one of the engines on fire. However, there was no distress call or report of issue, from very experienced Ukraine pilots to Tehran air-traffic control. There were 176 passengers and crew aboard: 82 Iranians, 63 Canadians, 11 Ukrainian passengers and crew, 10 Swedes, four Afghans, three Germans and three Britons on board. Additionally, what appears to be the nose of an M1 Surface to Air Missile (SAM) has been identified in a debris field near the crash site.
https://theconservativetreehouse.com/2020/01/08/iran-refuses-to-hand-over-black-box-from-fatal-boeing-crash-near-tehran-nose-of-sam-missile-discovered-near-crash-site/
Tweet Translation:
Translated: @Azematt - "Local people where to shoot the first photo, take it inside the place of the father of Nazdiky, the place of the fall of the Ukrainian fall. @AshkanMonfared_ Farstadeh as it clearly divided the central bank of Moskur"
https://twitter.com/Azematt/status
/1214967566369730561
Hot stuff, it says the debris of what looks like the Tor M1 SAM were found near the crash site of Ukraine Flight PS752. I'm not sure though, it's quite unlikely that the warhead would remain intact (as suggested by the photo) after impact (with a passenger plane). https://t.co/nGOwjO8xNF
- Ilham Adamy (@ilhamadamy) January 8, 2020
#7755483 at 2020-01-08 22:22:11 (UTC+1)
#9925: Paul Krugman's Qanon Falls Flat Like His Economics! Edition
>>7755456
At least he doesn't look like a piece of shit pedophile central bank apologist scumbag cunt.
#7750788 at 2020-01-08 13:47:36 (UTC+1)
Q Research General #9919: Hold the Line Edition
>>7750719
On Muh phone. Anyone here match up?
https://en.wikipedia.org/wiki/List_of_Iranian_officials
Ali Khamenei, Supreme Leader
Hassan Rouhani, President
Ali Larijani, President of Parliament
Ebrahim Raisi, Head of the Judiciary Branch
Ahmad Jannati, Secretary of the Guardian Council and Chairman of the Assembly of Experts
Sadeq Larijani, Chairman of the Expediency Discernment Council
Vice Presidents Edit
Eshaq Jahangiri, First Vice President
Ali Akbar Salehi, Vice President and Head of Atomic Energy Organization
Sorena Sattari, Vice President and Head of National Elites Foundation
Masoumeh Ebtekar, Vice President and Head of Environmental Protection Organization
Council of Ministers Edit
Learn more
This section needs to be updated.
Sadeq Khalilian, Minister of Agriculture
Mehdi Ghazanfari, Minister of Commerce
Reza Taqipour, Minister of Communication and Information Technology
Mohammad Abbasi, Minister of Cooperatives
Mohammad Hosseini, Minister of Culture and Islamic Guidance
Ahmad Vahidi, Minister of Defense and Logistics
Hossein Samsami, Minister of Economy and Finance Affairs
Hamid-Reza Haji Babaee, Minister of Education
Majid Namjoo, Minister of Energy
Ali Akbar Salehi, Acting Minister of Foreign Affairs
Marzieh Vahid Dastjerdi, Minister of Health and Medical Education
Abdolreza Sheikholeslami, Minister of Housing and Urban Development
Aliakbar Mehrabian, Minister of Industries and Mines Supervisor
Heyder Moslehi, Minister of Intelligence
Mostafa Mohammad Najjar, Minister of Interior
Morteza Bakhtiari, Minister of Justice
Ali Nikzad, Minister of Labour and Social Affairs
Masoud Mir Kazemi, Minister of Petroleum Supervision
Hamid Behbahani, Minister of Roads and Transportation
Kamran Daneshjoo, Minister of Science, Research, and Technology
Sadeq Mahsouli, Minister of Welfare and Social Security
Other members of cabinet Edit
Mohammad Bagher Nobakht, Government Spokesman
Abdolnaser Hemmati, Governor of the central bank of Iran
Other Edit
Mehdi Chamran, Chairman of the City Council of Tehran
Ali Shamkhani, Secretary of the Supreme National Security Council
Mohammad Bagher Ghalibaf, Mayor of Tehran
Abdulali Ali-Asgari, President of IRIB
Gholamali Khoshroo, Representative to the United Nations
See also Edit
List of Iranian ambassadors under President Khatami
List of Iranian provincial governors under President Khatami
List of Iranians
List of mayors of Tehran
List of Presidents of Iran
#7740613 at 2020-01-07 16:06:30 (UTC+1)
Q Research General #9906: "Never Have A Favorite Baker" Edition
Google Offers Help to Fed Reserve to Create New Currency
Google sent a letter to the Federal Reserve, asking the U.S. central bank to consider modeling FedNow after the Unified Payments Interface (UPI) framework used in India, The Economic Times (ET) reported on Sunday (Dec. 15). FedNow is the new interbank real-time gross settlement (RTGS) service that will offer integrated clearing functionality for faster digital payments.
Mark Isakowitz, Google's head of U.S. government affairs and public policy, said in a letter to the Fed that Google "worked closely" with the National Payments Corporation of India (NPCI) to build Google Pay for the Indian market. NPCI, the payment regulator governed by the Reserve bank of India (RBI), launched real-time payments in 2016.
"First, UPI is an interbank transfer system. ... Second, it is a real-time system. Third, it is 'open' - meaning technology companies can build applications that help users directly manage transfers into and out of their accounts held at banks," Isakowitz wrote, according to ET. […]
>https://www.pymnts.com/news/2019/google-backs-fednow-payments-system/
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Q-Posts ANSWERS (19)
- Question: [TOPIC: TAXPAYER THEFT] INSIDER vs OUTSIDER RETAIN CONTROL vs. LOSE CONTROL Kennedy was an outsider [assassinated] Reagan was an outsider [assassination attempt] POTUS is an outsider [CLAS HIGH] How much money (CASH) was sent by the FED to Iraq (Iraq War)? https://www.theguardian.com/world/2007/feb/08/usa.iraq1 https://www.reuters.com/article/us-iraq-usa-cash/u-s-sent-pallets-of-cash-to-baghdad-idUSN0631295120070207 https://www.cnbc.com/id/45031100 How much money (CASH) was confiscated from the Iraq central bank? https://www.ozy.com/flashback/saddam-husseins-billion-dollar-bank-heist/66076 [Example – not intended for PUBLIC awareness] https://www.nytimes.com/2014/10/12/world/investigation-into-missing-iraqi-cash-ended-in-lebanon-bunker.html If it worked in IRAQ, why not replicate in IRAN? How much money (CASH) was sent to IRAN? https://www.foxnews.com/politics/us-paid-iran-1-3b-two-days-after-400m-cash-transfer Who controls the distribution of funds? Who accounts for the funds? Who has access to the funds? Who ‘really’ has access to the funds? Do funds return in the form of political donations? Do funds return in the form of massive donations to ‘FOUNDATIONS’ and/or ‘INSTITUTES’? Do funds return in the form of offshore bank accounts for future payments/payoffs? Replicate: Environment (‘Green’), AID assist, etc. NO HONEST CONTROL IN PLACE. NO CHECKS & BALANCES IN PLACE. NO SAFEGUARDS IN PLACE. Threat of an OUTSIDER becoming PRESIDENT? LOSS OF CONTROL? https://www.youtube.com/watch?v=G2qIXXafxCQ “Trillions of dollars at stake.†"Controlled by group of special interests." "Illusion of democracy." [Welcome to the Real World] WE CANNOT AFFORD TO LOSE THIS RARE OPPORTUNITY TO RIGHT THE WRONGS. WE, THE PEOPLE, MUST RECLAIM WHAT IS RIGHTFULLY OURS. WE MUST RISE. WE MUST FIGHT. GOD BLESS THE UNITED STATES OF AMERICA.
Answer:
Extra Answer:
Open Answer:
News:
Confidence:
- Question: ‘Yellow Brick Road’.
Answer: National Academy graduates fondly recall their experience on the “Yellow Brick Road.†The final test of the fitness challenge, the Yellow Brick Road is a grueling 6.1-mile run through a hilly, wooded trail built by the Marines. Along the way, the participants must climb over walls, run through creeks, jump through simulated windows, scale rock faces with ropes, crawl under barbed wire in muddy water, maneuver across a cargo net, and more. When (and if) the students complete this difficult test, they receive an actual yellow brick to memorialize their achievement. The course came to be known as the “Yellow Brick Road†years ago, after the Marines placed yellow bricks at various spots to show runners the way through the wooded trail. The overall fitness challenge began at the National Academy in 1981 and has evolved over the years; we started awarding yellow bricks in 1988. https://www.fbi.gov/services/training-academy/national-academy
Extra Answer:
Open Answer: "Yellow Brick Road." Alice & Wonderland. Marines to follow the path to find the stolen uranium and take-down the Uranium Crime Syndicate via the mass arrests. CERN LHC tied-in with BITCOIN, created by Alice at the CERN LHC labs, and the Uranium Crime Syndicate uses Bitcoin and Alice to hide their earnings in Bitcoin. Marines to follow the brick road and go after these criminals. "Q Is saying that the U.S. will return to sound money (no cabal-controlled central bank (no Federal Reserve)) The Yellow Brick Road is a central part of the book The Wizard of Oz, which was written in 1900, before the Federal Reserve was created. The Yellow Brick Road refers to the gold standard which refers to sound money. Currency that is tied to gold retains value. Currency that is not tied to gold is printed in massive quantities and loses value. The Wizard of Oz was about U.S. currency, gold, and silver in late 1800s and early 1900s. Explanation of the characters of the book: https://theyellowbrickroadfreeblog.wordpress.com/the-meaning-of-the-yellow-brick-road/ ******** "Yellow..." could also be an obtuse reference to the uranium one scandal and FBI involvement. A yellow brick might be a gold bar - we are well on our "way" (road) to a gold backed currency. ********** There are supposedly several thousand tons of gold in the Grand Canyon held under guard by the U.S. Military. Several of the past Presidents going back to the Bush I have tried to get access to these locations but have been denied. Also the cover of the January 1988 edition of 'The Economist' (owned by the Rothschilds) depicts a one world currency in 2018. This could explain why things are moving with such speed and ferocity.
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Confidence: high
- Question: Dr. Emmett J. Rice.
Answer: - Worked for the Fed 1960-62 - Helped establish the central bank of Nigeria in 1962 - Acting Director of the Office of the Developing Nations for the Treasury Department 1964 - U.S. director at World bank 1966 - After leaving the fed in 1986 he worked for the DC Chapter of American Red Cross - Father of Susan Rice, former US ambassador to the United Nations and the country’s former National Security Advisor. NYT WEDDINGS; Susan E. Rice, Ian Cameron Published: September 13, 1992 http://www.nytimes.com/1992/09/13/style/weddings-susan-e-rice-ian-cameron.html https://archive.fo/FT6q1
Extra Answer: Muckety Map for Dr. E. J. Rice direct link to image: https://media.8ch.net/file_store/90c7bf48cbbf9f6635dcb9ad74dc9bf685323ba9959517d0934c85a8c997cb7b.png Father to Susan E. Rice, NSA advisor to BHO Worked at: * Governor of the Federal Reserve System * Reserve bank of India as a Fulbright Fellow * Assistant Professor of Economics at Cornell University * Adviser to the central bank of Nigeria in Lagos * Deputy Director of the Treasury Department’s Office of Developing Nations * Alternate Executive Director for the International bank for Reconstruction and Development (World bank) * Alternate Executive Director for the International Development Association * Alternate Executive Director for the International Finance Corporation * Executive Director of the Mayor’s Economic Development Committee for Washington, D.C. * Senior Vice President of the National bank of Washington * Federal Reserve (FED) member
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- Question: The ‘fix’ has always been in – no matter which party won the election (-JFK (killed)/Reagan(shot)).
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Open Answer: Paul A. Volcker, the Federal Reserve chairman, received an urgent warning two weeks after Ronald Reagan won the 1980 presidential election. Some of the president-elect’s advisers, he was told, wanted to abolish the central bank and replace it with a computer program that would manage interest rates and monetary policy. https://www.nytimes.com/2016/11/13/business/economy/trump-the-fed-yellen-gets-ready-for-reckoning.html On March 30, 1981, President Ronald Reagan and three others were shot and wounded by John Hinckley Jr. in Washington, D.C., as they were leaving a speaking engagement at the Washington Hilton Hotel. https://en.wikipedia.org/wiki/Attempted_assassination_of_Ronald_Reagan Jan 19 1982 ''I can't respond to that because the Federal Reserve System is autonomous,'' the President said at a news conference, when asked if he agreed with recent calls for Mr. Volcker's resignation. ''There is no way I can comment on that,'' Mr. Reagan added. http://www.nytimes.com/1982/01/20/business/reagan-criticizes-fed-s-move.html Gunman Hinckley had lived in Lubbock TX from 1974 through 1980, when he was an intermittent student at Texas Tech University there. Hinckley's father founded the Vanderbilt Energy Corporation (an Oil Company). Vanderbilt Energy Corporation filed as a Domestic For-Profit Corporation in the State of Texas and is no longer active. This corporate entity was filed approximately forty-two years ago on Thursday, May 1, 1975 , according to public records filed with Texas Secretary of State. On Tuesday, March 31 the Houston Post published a copyrighted story under the headline: "BUSH'S SON WAS TO DINE WITH SUSPECT'S BROTHER, by Arthur Wiese and Margarte Downing." The lead paragraph read as follows: Scott Hinckley, the brother of John Hinckley Jr., who is charged with shooting President Reagan and three others, was to have been a dinner guest Tuesday night at the home of Neil Bush, son of Vice President George Bush, The Houston Post has learned. According to the article, Neil Bush had admitted on Monday, March 30 that he was personally acquainted with Scott Hinckley, having met with him on one occasion in the recent past. Neil Bush also stated that he knew the Hinckley family, and referred to large monetary contributions made by the Hinckleys to the Bush 1980 presidential campaign. Neil Bush and Scott Hinckley both lived in Denver at this time. Scott Hinckley was the vice president of Vanderbilt Energy Corporation, and Neil Bush was employed as a land man for Standard Oil of Indiana. John W. Hinckley Jr., the would-be assassin, lived on and off with his parents in Evergreen, Colorado, not far from Denver.
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- Question: Why?
Answer: Rothschilds ordered assassination of Theresa May (UK PM) under guise of a ‘terrorist attack’ to install a puppet that could stop BREXIT. This would ensure their continued control of UK and EU under central banking.
Extra Answer: Expanded thinking: London Mayor Sadiq Khan implicated. Nigel Farage’s ‘accident’ less accidental. -Theresa May Attempt happened in March. (Video Included) Moment Theresa May is bundled into car as shots are heard during London terror attack https://www.thesun.co.uk/news/3165551/moment-theresa-may-is-bundled-into-car-as-shots-are-heard-during-london-terror-attack/ https://archive.fo/H9FiB -Theresa May assassination plot suspect in court - CNN http://edition.cnn.com/2017/12/06/europe/theresa-may-assassination-plot-intl/index.html https://archive.fo/PJqUc
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Confidence: med
- Question: banks control Gov’ts
Answer: Rothschild on the top, controlling governments and money through central banks.
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- Question: +FLY+
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Open Answer: one + is soros. Is Soros about to go away "willingly"? two ++ is Rothschilds Top: SA, militant enforcement, rat lines, energy, neutralized Middle: Rs, central banking cartel, next, legs and head cut Bottom: Soros, media, population control, trapped McMaster authorized spying on Trump, sent intel to Soros: https://theintercept.com/2017/12/04/trump-white-house-weighing-plans-for-private-spies-to-counter-deep-state-enemies/ Soros, dual citizen, is caught by both US (Trump) and Hungary (Orban): https://www.washingtonpost.com/business/hungary-says-anti-george-soros-campaign-most-successful-yet/2017/12/05/4018c902-d9dc-11e7-a241-0848315642d0_story.html?utm_term=.d6dd0c3b46c2
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- Question: Wealth = power.
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Open Answer: Rothschild and eight other banking families, all jews, privately own the Federal Reserve bank and all the other central banks, and creates cash out of thin air when making loans to the government and then get it all back as profit when the loan is paid, and gets interest on it in the meantime. They want to keep this ponzi scheme. Everything they are attacking nations with, such as compromised politicians, open borders, race bastardization, poverty, pre-arranged wars is how they protect this scam into perpetuity.
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- Question: What is the FED?
Answer: Consortium of private central banks in the US.
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Confidence: high
- Question: Why is this relevant?
Answer: Wealthy, influential opposition was eliminated.
Extra Answer: Removal of powerful opposition allowed control of world energy future and creation of the Federal Reserve under Rothschild central banking cartel.
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Confidence: high
- Question: Why did select ‘individuals’ not make it into the lifeboats?
Answer: John Jacob Astor IV, Benjamin Guggenheim, Isidor and Ida Straus were all opposed to the creation of a central bank.
Extra Answer: 10 famous people did not go, cancelled trip last minute
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Confidence: high
- Question: What was the real purpose of the war?
Answer: Creation of Israel by Rothschilds
Extra Answer: Destroy the central power in Europe (Germany) that had dared to created an independent public central bank not based on usury and not affiliated with Rothschild central banking system.
Open Answer: To contain communism. Weaken the British Empire. Make Israel a destination for Jews. Set up future conflict with Islam. Start to use the US in the global agenda along with it's military and industrial resources. Create debt on all sides.
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Confidence: high
- Question: How did Soros replace family ‘y’?
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Extra Answer: SCREENSHOT: https://postimg.cc/xcPPs3HR
Open Answer: David Rockefeller died in 2017. He was the last grandson. Also: (Posted 11/24/2017) Is The End Nigh: Rockefellers And Rothschilds Merge by Tyler Durden May 30, 2012 8:16 AM http://www.zerohedge.com/news/end-nigh-rockefellers-and-rothschilds-merge "You know its bad when... two of the largest and best-known 'familia' in Europe and the US come together. As the FT reports, The Rockefellers and The Rothschilds are uniting under a common group as Rothschild Investment Trust and Rockefeller Financial Services become one. The patriarchs (David Rockefeller 96, and Lord Rothschild 76) have been 'connected' for five decades. Between the Rothschild's 'sprawling' multi-century banking empire across Europe and the Rockefeller's roots in 1882 Oil-money, we can only imagine the Illuminati, Freemasons, Templars, and central bankers of the world are quaking in their boots at this new global force for change - The Rothsellers or is it The Rockchilds. What next? It seems only Soros is left to complete the holy trinity..." ALSO (Posted 11/24/2017 20:03) http://www.texemarrs.com/092014/rockefeller_rothschild_unite.htm which references Business Insider article by Simon Black May 30, 2012
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- Question: Wealth (over generations) buys power. Power (over generations) buys more wealth/control. More wealth/control buys countries and its people. Families combined (TRI) = NWO. Inner TRI families will collapse
Answer: Saudi Arabia Rothchild Soros SA - provides a way of undisclosed influence over individuals, the source of all financial persuasion. When the clean up of SA occurred the majority of the TRIs slush funds went with it. SA’s job is to bribe, fund and stay relatively behind the scenes. SA = Controls people in governments Rothchild - provides a way of influence over matters of national finance (all the central banks). They are able to control and manipulate national finances to their favour via “legitimised avenues†such as stocks, property investments etc. While these avenues generate massive wealth they are also fairly well documented hence the need for a “cash flow†partner in SA. Rothchilds have also worked their way into some extremely influential positions to be able to manipulate things to their benefit. They own the newswires Associated Press (AP), Thomson-Reuters as well as publications like The Economist. This is the way they can set and control the narrative. Rothchild = Influence + manipulation (information/narrative) Soros - influences mainstream media. It’s no good having the power to control and manipulate national finances unless you have a way of voicing your agendas. Soros is reported to have connections to over 30 MSM outlets. Soros = Control of information Soros - also influences people through organizations (Open Society) which is a clearinghouse for subversive organizations that works with others like National Endowment for Democracy and other CIA fronts. Through these, infiltration into academia and other areas of society can exert and enormous influence over the public and social trends. The "color revolutions" where the same flyers were passed out in different countries are an example of this influence. Overthrow governments for the central families (TRI - the cabal) via CIA and using social media to guide the public. Soros = Control of mass movements of people/social trends
Extra Answer: SCREENSHOT: https://postimg.cc/cKx29JrK
Open Answer: TRI = Trilateral Commission founded by David Rockefeller & Zbigniew Brzezinski. https://en.wikipedia.org/wiki/Trilateral_Commission
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Confidence: high
- Question: LIST OF ROTHSCHILD-OWNED bankS Papua New Guinea - Zimbabwe
Answer: Papua New Guinea: bank of Papua New Guinea Paraguay: central bank of Paraguay Peru: central Reserve bank of Peru Philip Pines: Bangko Sentral ng Pilipinas Poland: National bank of Poland Portugal: bank of Portugal Qatar: Qatar central bank Romania: National bank of Romania Russia: central bank of Russia Rwanda: National bank of Rwanda San Marino: central bank of the Republic of San Marino Samoa: central bank of Samoa Saudi Arabia: Saudi Arabian Monetary Agency Senegal: central bank of West African States (BCEAO) Serbia: National bank of Serbia Seychelles: central bank of Seychelles Sierra Leone: bank of Sierra Leone Singapore: Monetary Authority of Singapore Slovakia: National bank of Slovakia Slovenia: bank of Slovenia Solomon Islands: central bank of Solomon Islands South Africa: South African Reserve bank Spain: bank of Spain Sri Lanka: central bank of Sri Lanka Sudan: bank of Sudan Surinam: central bank of Suriname Swaziland: The central bank of Swaziland Sweden: Sveriges Riksbank Switzerland: Swiss National bank Tajikistan: National bank of Tajikistan Tanzania: bank of Tanzania Thailand: bank of Thailand Togo: central bank of West African States (BCEAO) Tonga: National Reserve bank of Tonga Trinidad and Tobago: central bank of Trinidad and Tobago Tunisia: central bank of Tunisia Turkey: central bank of the Republic of Turkey Uganda: bank of Uganda Ukraine: National bank of Ukraine United Arab Emirates: central bank of United Arab Emirates United Kingdom: bank of England United States: Federal Reserve, Federal Reserve bank of New York Vanuatu: Reserve bank of Vanuatu Venezuela: central bank of Venezuela Vietnam: The State bank of Vietnam Yemen: central bank of Yemen Zambia: bank of Zambia Zimbabwe: Reserve bank of Zimbabwe
Extra Answer: SCREENSHOT: https://postimg.cc/87Vqv4Gm
Open Answer: All listed banks are in alphabetical order except Uruguay. Why? central bank of Uruguay recently announced digital currency pilot program. Connection? https://www.coindesk.com/central-bank-of-uruguays-president-announces-digital-currency-pilot-program/
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- Question: LIST OF ROTHSCHILD-OWNED bankS Iraq - Pakistan
Answer: Iraq: central bank of Iraq Ireland: central bank and Financial Services Authority of Ireland Israel: bank of Israel Italy: bank of Italy Jamaica: bank of Jamaica Japan: bank of Japan Jordan: central bank of Jordan Kazakhstan: National bank of Kazakhstan Kenya: central bank of Kenya Korea: bank of Korea Kuwait: central bank of Kuwait Kyrgyzstan: National bank of the Kyrgyz Republic Latvia: bank of Latvia Lebanon: central bank of Lebanon Lesotho: central bank of Lesotho Libya: central bank of Libya (Their most recent conquest) Uruguay: central bank of Uruguay Lithuania: bank of Lithuania Luxembourg: central bank of Luxembourg Macao: Monetary Authority of Macao Macedonia: National bank of the Republic of Macedonia Madagascar: central bank of Madagascar Malawi: Reserve bank of Malawi Malaysia: central bank of Malaysia Mali: central bank of West African States (BCEAO) Malta: central bank of Malta Mauritius: bank of Mauritius Mexico: bank of Mexico Moldova: National bank of Moldova Mongolia: bank of Mongolia Montenegro: central bank of Montenegro Morocco: bank of Morocco Mozambique: bank of Mozambique Namibia: bank of Namibia Nepal: central bank of Nepal Netherlands: Netherlands bank Netherlands Antilles: bank of the Netherlands Antilles New Zealand: Reserve bank of New Zealand Nicaragua: central bank of Nicaragua Niger: central bank of West African States (BCEAO) Nigeria: central bank of Nigeria Norway: central bank of Norway Oman: central bank of Oman Pakistan: State bank of Pakistan
Extra Answer: SCREENSHOT: https://postimg.cc/QH72VP2M
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- Question: LIST OF ROTHSCHILD-OWNED bankS Cayman Islands - Iran
Answer: Cayman Islands: Cayman Islands Monetary Authority central African Republic: bank of central African States Chad: bank of central African States Chile: central bank of Chile China: The People’s bank of China Colombia: bank of the Republic Comoros: central bank of Comoros Congo: bank of central African States Costa Rica: central bank of Costa Rica Côte d’Ivoire: central bank of West African States (BCEAO) Croatia: Croatian National bank Cuba: central bank of Cuba Cyprus: central bank of Cyprus Czech Republic: Czech National bank Denmark: National bank of Denmark Dominican Republic: central bank of the Dominican Republic East Caribbean area: Eastern Caribbean central bank Ecuador: central bank of Ecuador Egypt: central bank of Egypt El Salvador: central Reserve bank of El Salvador Equatorial Guinea: bank of central African States Estonia: bank of Estonia Ethiopia: National bank of Ethiopia European Union: European central bank Fiji: Reserve bank of Fiji Finland: bank of Finland France: bank of France Gabon: bank of central African States The Gambia: central bank of The Gambia Georgia: National bank of Georgia Germany: Deutsche Bundesbank Ghana: bank of Ghana Greece: bank of Greece Guatemala: bank of Guatemala Guinea Bissau: central bank of West African States (BCEAO) Guyana: bank of Guyana Haiti: central bank of Haiti Honduras: central bank of Honduras Hong Kong: Hong Kong Monetary Authority Hungary: Magyar Nemzeti bank Iceland: central bank of Iceland India: Reserve bank of India Indonesia: bank Indonesia Iran: The central bank of the Islamic Republic of Iran
Extra Answer: SCREENSHOT: https://postimg.cc/PN0GXhFc
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- Question: LIST OF ROTHSCHILD-OWNED bankS Afghanistan - Canada
Answer: Afghanistan: bank of Afghanistan Albania: bank of Albania Algeria: bank of Algeria Argentina: central bank of Argentina Armenia: central bank of Armenia Aruba: central bank of Aruba Australia: Reserve bank of Australia Austria: Austrian National bank Azerbaijan: central bank of Azerbaijan Republic Bahamas: central bank of The Bahamas Bahrain: central bank of Bahrain Bangladesh: Bangladesh bank Barbados: central bank of Barbados Belarus: National bank of the Republic of Belarus Belgium: National bank of Belgium Belize: central bank of Belize Benin: central bank of West African States (BCEAO) Bermuda: Bermuda Monetary Authority Bhutan: Royal Monetary Authority of Bhutan Bolivia: central bank of Bolivia Bosnia: central bank of Bosnia and Herzegovina Botswana: bank of Botswana Brazil: central bank of Brazil Bulgaria: Bulgarian National bank Burkina Faso: central bank of West African States (BCEAO) Burundi: bank of the Republic of Burundi Cambodia: National bank of Cambodia Came Roon: bank of central African States Canada: bank of Canada – Banque du Canada
Extra Answer: SCREENSHOT: https://postimg.cc/xqXDVqgM
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- Question: How many planes carried the cash into Iran.
Answer: There were 2 deliveries. Total of $1.7 billion in Cash, via Switzerland, then on to Iran. https://www.wsj.com/articles/u-s-sent-two-more-planeloads-of-cash-to-iran-after-initial-payment-1473208256 (behind paywall) https://archive.is/1kjOh (full article) The planes did not all land in Iran.
Extra Answer: $400 million to Iran in January 2016, converted into non-US currencies (!) by Swiss and Dutch central banks 2 more shipments $1.3 billion cash payments in Swiss francs, euros and "other currencies" on Jan 22, and Feb 5 which an Iranian cargo plane picked up in Geneva. Settlement announced by State Dept on Jan 17, but didn't brief Congress that the entire amount had been paid in cash. "Sanctions impair Tehran’s ability to receive payments using the international banking system. The settlement resulted from a legal arbitration under way in the Netherlands since the early 1980s between the U.S. and Iran. At issue was a $400 million payment Tehran’s last monarch, Shah Mohammad Reza Pahlavi, made to a Pentagon trust fund just months before his government was toppled. The money was earmarked for airplane parts that were never delivered. Obama administration officials have said they believed the U.S. was set to lose the court proceedings in The Hague and would end up being liable for as much as $10 billion because of accrued interest."
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Confidence: high