INSANE: $9 Trillion in Stimulus Injections: The Fed’s 2020 Pump Eclipses Two Centuries of USD Creation – My C omments
(005875.811-:E-000062.43:N-AC:R-SU:C-30:V)
[This should give you an idea of how insane 2020 was financially due to COVID. Jan]
Since September 2019, research shows the Federal Reserve has pumped over $9 trillion to primary dealers by leveraging enormous emergency repo operations. A recently published investigative report shows the U.S. central bank submits the daily loan tally, but the Fed will not provide the public with information concerning the recipients. Estimates say, in 2020 alone, the U.S. has created 22% of all the USD issued since the birth of the nation.
The U.S. Federal Reserve has printed massive amounts of funds in 2020 and bailed out Wall Street’s special interests during the last seven months. On October 3, 2020, Redditors from the subreddit r/btc shared a video called “Is Hyperinflation Coming?” and discussed how the U.S. central bank has created 22% of all the USD ever printed this year alone.
“The U.S. dollar has been around for over 200 years and for the bulk of that time, it was backed by gold,” one Reddit user wrote on Saturday. He added:
Having a quarter of all USD printed in a single year is more than alarming, it’s mind-blowing.
Additionally, on October 1, 2020, Wall Street on Parade’s (WSP) Pam Martens and Russ Martens published a comprehensive report on how the U.S. central bank pumped out “more than $9 trillion in bailouts since September.” The findings show that the Fed is also getting market advice from Wall Street hedge funds like Frontpoint. The hedge fund Frontpoint Partners is a controversial firm because it shorted the subprime mortgage market during the 2007 to 2010 financial crisis.
Close to a quarter of all the USD ever created was issued in a single year. WSP financial analysts Pam and Russ Martens detailed on October 1, 2020, the Fed has pumped over $9 trillion cumulatively into the hands of Wall Street firms.
The latest WSP analysis shows that the Fed has been “conducting meetings with hedge funds” like Frontpoint in order to get the financial institution’s “input on the markets.” In 2007 to 2010, the Fed was leading a group of lending facilities and once again the central bank is working with three major emergency lending facilities: the Money Market Mutual Fund Liquidity Facility; the Primary Dealer Credit Facility; and the Commercial Paper Funding Facility.
“On top of those facilities, beginning on September 17, 2019 – months before the first case of Covid-19 was reported in the United States – the New York Fed embarked on a massive emergency repo loan operation, which had reached $6 trillion cumulatively in loans by January 6,” the WSP findings detail. The Martens’ also state:
The Fed has provided data on the total amounts of the daily loans, but not the names of the recipients. All it will say is that the loans are going to its 24 primary dealers, which are the trading units of the big banks on Wall Street. The last time we tallied its data in March, it had sluiced over $9 trillion cumulatively to these trading houses.
A number of people believe that the massive creation of money stemming from the Fed will eventually cause hyperinflation. The dollar has lost considerable value since the introduction of the central bank in 1913. For instance, the cumulative rate of inflation since 1913 is around 2,525.4%. This means a product purchased for $1 in 1913 would cost $26.25 in October 2020.
Precious metals and cryptocurrency proponents believe the central bank’s pumping will bolster assets like bitcoin and gold. Pantera Capital CEO Dan Morehead explained in July that the company believes cryptocurrencies like bitcoin (BTC) will help people with the gloomy economic outcome.
“The United States printed more money in June than in the first two centuries after its founding,” Morehead wrote in a letter to investors. “Last month the U.S. budget deficit — $864 billion — was larger than the total debt incurred from 1776 through the end of 1979.”
On the same day Pantera Capital published the letter called “Two Centuries Of Debt In One Month,” the 22-year congressional veteran, Ron Paul, told the public that Americans should be “prepared.”
Paul has exposed the U.S. Federal Reserve for the last two decades and has written extensively about the central bank’s fraud. In the video, the former congressional leader said the medical community, U.S. bureaucrats, and the Fed have done things he never expected.
“After so many years in Washington, I thought I was immune to being shocked by what our government does,” Paul detailed. “But the actions that our elected officials… the Fed… even the medical community have taken in the past few weeks have gone beyond anything I could have imagined.”
“Most Americans will be blindsided by what’s going to happen. Make sure you, your family, and anyone you care about are prepared,” the former U.S. Presidential candidate insisted.
Meanwhile, the U.S. airline industry is looking for a second bailout, three days ago the number of the country’s mortgages involved in the bailout program spiked by 21,000, the hotel industry is looking for stimulus, and President Trump recently revealed a multi-billion dollar farm bailout.
Video: 2nd Anglo-Boer War: The British Atrocities against the Boers
The 2nd Anglo Boer war is probably the only war where WHITE CHILDREN were the main victims by far! In this video we take a look at the dirty war that the British Army engaged in, in order to crush a tiny army of Dutch-German Farmers (the Boers) here in Africa. We look at photographs and information from that time. We also look at the role of the British Rothschilds and Jews in this war.
Canadian Association for Free Expression
Dedicated to Free Speech, Immigration Reform, and Restoring Political Sanity. This is a very important website and organisation in Canada run by Paul Fromm, whom I know personally. He used to work with the late great Ernst Zundel when the Jews tried to destroy him. Paul Fromm does an incredible amount of work and he‘s the most rock solid fighter for White Freedom and Truth in Canada.
Video & Audio: S.Africas 2nd Last (Boer) President: PW Bothas Last Public Interview (2006)
PW Botha is a Boer who became the 2nd last President under Apartheid. He was the man most responsible for the immense, first class military force known as the SADF. The SADF was the most powerful military force in all of Africa.