Digital Currency

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texasSlick said:
GP .....You are spot on!
Yellen and the Fed are simply setting up the plaudit "don't blame me or the Fed .... we told you so ....."

Slick
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Even if she were to take responsibility, then what?
There is absolutely zero accountability or consequence.
Their lives are paid for, their bank accounts padded.
 
The ‘Trillion Dollar Triage’…During the Pandemic The Fed added Trillions to its balance sheet , propped up the wealthy while incurring $1 Trillion of interest payments for Average Taxpayers — with NO Congressional authorization and zero oversight— ZERO
End The Fed …...
👇👇👇
www.mercatus.org

The Federal Reserve’s Balance Sheet: Costs to Taxpayers of Quantitative Easing

It might seem extraordinary that a US government institution could conduct any program that is likely to incur a cost of nearly $1 trillion to taxpayers. And it might seem equally extraordinary that such a program could be undertaken without congressional approval or even any forewarning about...
www.mercatus.org www.mercatus.org
 
KiwiShane said:
The ‘Trillion Dollar Triage’…During the Pandemic The Fed added Trillions to its balance sheet , propped up the wealthy while incurring $1 Trillion of interest payments for Average Taxpayers — with NO Congressional authorization and zero oversight— ZERO
End The Fed …...
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Too late to end the "Fed", they OWN the entrenched 2-party mob. The previous "leader" was not one of them, and "accidently" managed to win the office. THAT won't happen again, certainly not in OUR lifetimes.
 
grandpaul said:
Too late to end the "Fed", they OWN the entrenched 2-party mob. The previous "leader" was not one of them, and "accidently" managed to win the office. THAT won't happen again, certainly not in OUR lifetimes.
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My take is like this..(like yours).The "Fed" own the administrative state...which controls the 2 party mob essentially...BUT...I can see a change is on the way...not particularly just with finance..."the hunted become the hunters"
 
There have been efforts over the years to convene a convention of the states; that would be an ABSOLUTE NIGHTMARE! Mob rule would be enshrined, and THAT genie could NEVER be put back in the bottle.
 
grandpaul said:
There have been efforts over the years to convene a convention of the states; that would be an ABSOLUTE NIGHTMARE! Mob rule would be enshrined, and THAT genie could NEVER be put back in the bottle.
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To true....The good guys are now the hunters ...I feel restricted to say much more at present...but im sure you will see this name being mentioned soon (Dana Ann Remus)
 

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The chairperson of the Fed is the only appointed member, appointed by the President. As such the chairperson is the government's, and the people's watchdog over the Fed.

Yellen is a former member of the Fed. Her appointment by BHO, as Chairperson, is akin to appointing the Fox to guard the chickens.

Slick
 
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texasSlick said:
The chairperson of the Fed is the only appointed member, appointed by the President. As such the chairperson is the government's, and the people's watchdog over the Fed.

Yellen is a former member of the Fed. Her appointment by BHO, as Chairperson, is akin to appointing the Fox to guard the chickens.

Slick
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"Fox to guard the chickens" 👍
Love it 😀
I have no doubt all the current noise we are hearing about the dept ceiling which we all knew was coming is to drown out all these documents that keep showing up a over the place...lol
 
This ‘new wealth’ virtually all done thru ‘leverage’ …debt…

Who is going to hold the bag on this ….who is going to pay for ‘the great reset’ … ??

More Debt Than Ever Before​

Three hundred trillion dollars. That is the record debt which global governments, households, financial corporates and nonfinancial corporates owed in June 2022, as estimated by the Institute of International Finance. The $300 trillion is equivalent to 349% of global gross domestic product, 26% higher than the pre-GFC figure of 278% (June 2007, see chart 1). The $300 trillion works out to $37,500 of debt for every person in the world, compared to a GDP per capita of just $12,000.

You need to look at both these articles for context of the situation we are ALL in.👀

Global Debt Leverage: Is a Great Reset Coming?

A brutal series of shocks has left markets ill-prepared for the challenges of the future
www.spglobal.com www.spglobal.com

www.cnbc.com

The richest 1% of people amassed almost two-thirds of new wealth created in the last two years, Oxfam says

Since 2020, the richest 1% of people have accumulated close to two-thirds of all new wealth created around the world, according to a new report from Oxfam.
www.cnbc.com www.cnbc.com
 
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The Populist Nationalist Movement coupled with ‘localization’ is breaking ‘globalization’ …making Davos more and more irrelevant…
"We the people will win in the end"

DAVO'S SINCE YOU TALK ALL THE TIME ABOUT THE "SUSTAINABILITY OF A DE-CARBONIZED GLOBAL ECONOMY" ....SHOW US THE "SUSTAINABLY" OF YOUR FINANCIAL MODEL ?
BEEN LOTS OF MODELING THAT HAS BEEN COMPLETELY WRONG...


 
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There was a rumor that Schwab and Soros would not be there for the opening...why would they say one thing and do another "possibly"
 

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Hypercrites.

I publicly originated that term last week.

I would have said I "coined" that term, but the word "coin" now has so many negative connotations that I didn't want to be associated with it.
 
concours said:
Timbeeerrrrrrer!!!!!
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Now this prick has predicted cyber type war tactics....yet behind the scenes he is pushing hard for this full on digital new age ..including banking transhumanism climate restrictions etc etc etc....what could possibly go wrong ??
Have a read of this excerpt from his book Covid-19 The Great Reset...
 
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