Mcsnacks H Tupack wrote a post · Oct 9, 2022 02:38

The Fed has been cheating the system and breaking laws for 3 years.

This is all the proof needed to show we have been cheated by the Wall Street bankers.

On September 17, 2019 the overnight loan rate spiked from an average of about 2 percent to 10 percent – signaling that one or more firms were in trouble. So the Fed effectively became the repo loan market on September 17, 2019 and exponentially grew the amount of loans it was making over the following months.

The New York Fed offered one-day repo loans every business day but periodically also added 14-day, 28-day, 42-day and other term loans. Let’s say a trading firm took a $10 billion loan for one-day but on the same day took another $10 billion loan for a term of 14 days. The 14-day loan for $10 billion represented the equivalent of 14-days of borrowing $10 billion or a cumulative tally of $140 billion.

When tallied the New York Fed’s “trade amount” column for the fourth quarter of 2019, the New York Fed’s repo loans came to $4.5 trillion. But when we set up a new column that adjusted the loans by the number of days in the term, the Fed’s repo loans for the fourth quarter of 2019 came to $19.87 trillion, or 4.4 times the “trade amount” column.

Just six trading houses received 62 percent of the $19.87 trillion. The parents of three of those firms, JPMorgan Chase, Citigroup and Goldman Sachs, are shareowners of the New York Fed.The Fed’s audited financial statements show that on its peak day in 2020 the Fed’s repo loan operation had $495.7 billion in loans outstanding. On its peak day in 2019, the Fed’s repo loans outstanding stood at $259.95 billion.

Now the real kicker.

On September 19,2019,2 days after the excessive repo spike, Executive Order 13887 was signed. EO 13887 is the Modernizing Influenza Vaccines in the United States
to Promote National Security and Public Health. You know in case a Pandemic were to happen around March 1st, 2020 when the banks quarterly tax payments would need to be paid but the banks wouldnt have any money to be able to pay them which would then cause one of the largest stock market selloffs in 50 years and crash the markets.

We got played for Chumps by the Banking system so they could cause a Great Reset to happen and start getting ready to begin a digital currency by 2023.