Right under our noses, the primary dealers are getting trillions in reserves through the Fed’s recently resuscitated Primary Dealer Credit Facility (aka the PDCF). The Primary Dealers (aka the big banks) are receiving funds in the form of reserves (not cash) from the PDCF for their now worthless treasuries, stocks, corporate bonds, mortgage-backed securities, etc. In 2008 the big banks were supposed to, but DID NOT, lend out these PDCF reserves to smaller banks, which drastically increased the Big Banks' balance sheets over the last decade. This allowed them to simultaneously collect interest on these reserve funds from the Fed via the IOER (Interest On Excess Reserves) rate, while screwing over the smaller banks and withholding much needed liquidity for regular people and small businesses.
Unfortunately, today’s new PDCF operation makes the 2008 PDCF operation look like child’s play. Trillions in reserves are currently being added to the Primary Dealers’ balance sheets each week (in the form of repos) with NO OBLIGATION TO PASS THIS LIQUIDITY ON TO THE SECONDARY MARKET, once again.
We are AGAIN bailing the big banks out RIGHT NOW, to save them and their cronies from financial firms holding junk corporate bonds and trillions in futures contracts in interest rate swaps (all under the guise of a solution to the coronavirus pandemic), right under all our noses and at our expense.
Can the American public be this dumb twice?
Big Banks getting bailed out AGAIN, right NOW
PDCF in 2008, but in the form of QE
>the interest paid out to banks is cash that would otherwise be going to the treasury
>that would otherwise be going to the treasury
>that would otherwise be going to the treasury
getting screwed twice
slid in five minutes to pg 9
NEVER
FORGET
Have a bump
thread being slid
that's really the only infographic I haev on it so...
bump
very interesting graphic
ty
Bump
Fed Code Red: Repo Infinity, Bailouts, PDCF! (Explained)
youtube.com
this video really explains it well
now this is a REAL thread that u, pol retards busy with shitposting on bullshit threads, should be focused on..
We’re bailing everyone out you joomer faggot
can I get a QRD on repos?
HAHAHAHAHAHA
YOU FAGGOTS THINK POSTING ABOUT THIS WILL CHANGE ANYTHING
HAHAHAHHAHAHAHA
americans are only getting ~300 billion. giant international corporations, like banks, you know, giant international one,, that practice usury, are getting 2.5 trillion.
bullets will.
These numbers will be switched in a year.
bump
don't think so
They don't even want to give $1000 to each taxpaying US adult (~250 million of them), which would be a quarter of a $trillion, which they already spend daily before lunch on reverse repos/repos for the financial sector. The deep state is really showing itself now for the globalist, elitist shills that they are.
Repo: when Fed loans money short term to banks and holds the borrowing bank’s treasuries as collateral (puts money back into the system)
Reverse Repo: the borrowing bank buys back its treasuries from the Fed with interest (takes money out of the system)
QE (quantitative easing): when the Fed buys worthless treasuries and CDOs outright from banks and puts them on their balance sheet
I sympathise with OP's effort but most people come on Yas Forums to decompress and shitpost, not to actually learn anything substantial about something they'll never do anything about anyway. I mean keep posting tho I'm interested.
Bumping a good thread above the swill.
sad state of pol.. 95% are shit posting braindead retards with no care for actual facts on whats goin on..
>Big Banks getting bailed out
>EARN IT bill is being passed
If you recognize the government you're a fool.
i'll try to take that as encouragement
I like this shit. There should be BLG (Big Line General) to track the recession which has just started.
>lmao at the system releveraging
My big contrarian take right now is that Trump is doing the right thing talking about restarting the economy IF there's some kind of plan for the vulnerable.
I'm here all year
try the liver
if they slide this thread i will just post this info in thread after thread, day after day
i will work this into any conversation i can, week after week
wait til the Fed starts posting these PDCF funds, they haven't added them to their repo excel sheets yet, but they will
>Can the American public be this dumb twice?
Are you sure the American people have only been this dumb once before?
This
Too many shit posts last time
Terminate the IMF and The World Bank
Nationalise all banks
Ban usury
Delete all world debt
In addition, these repos roll over and don't affect liquidity requirements either, as long as they are settled in 30 days
must be nice to have that kind of cushion
i know i'd love a 0.25% interest rate loan right now, especially when it's not reflected in my debt:asset ratio. must be fucking nice.
pic related
>Are you sure the American people have only been this dumb once before?
No, no I'm not.
Americans are being played since Civil war.
Good old Section 13.3
God knows what we all could've been and where we'd be right now without all the usury and false scarcity and subsidizing and war profiteering and...
Would be quite a different world without jewish trickery.
Big ups, user. You are one of the few actually informed people on this shitty board. When you follow the money, you soon realize why things happen certain way in the world. This whole pandemic is engineered.
God knows what true capitalism would be like. free markets, sovereign nations trading and real price discovery. Perhaps that will be a benefit to the pandemic, creating a system with less middlemen and useless firms selling a cut.
>creating a system with less middlemen and useless firms selling a cut
It'll just be a system with less of a middle class.
I don´t think there is a benefit to giving big banks more power and influence.
Also, I believe capitalism is a jewish construct, too. I would prefer a world of national socialism, where banks are owned by state and are debt free, while money are backed up by actual value of labor.
>without jewish trickery
plenty of christians, muslims and hindus involved, too
Takes all sorts to rob a world of its destiny
If this is made to be about race, it will never be about the Fed and its shareholders, the big banks
Exactly.
i equate middle class with the main economic engine of a nation, whatever scale it may be on
i do not equate middle class with middlemen
i equate middlemen with useless trades, a bottom feeder who makes money on other people's labor
Yea, but it is mostly jews leading these big banks, FED. Federal Reserve is actually a violation of constitution I´ve heard. It is private owned, not in the hands of state.
>where banks are owned by state
a series of state/national banks would work
US Notes issued pegged to a basket of commodities
labor is the real gold
this would be nice
I know what you meant. But billionaires and the governments owned and operated by billionaires have set up a system that is designed to eliminate the middle class, and this crisis is a feature of that system.
>It is private owned
>is designed to eliminate the middle class,
truer words have never been spoken
Yea, that is how Hitler did it. He forced Jewish banksters out of the country and made Germany a superpower in a few years. That is why they hated him so much.
Bump
As for Hitler, he may have forced out bankers, but he also mowed down half of Europe. He is a hard figure to be sympathetic to. Megalomaniacs usually are.
wtf is this shit? too much words make a picture or youtube vid. or better yet fuck off to reddit.
how's the penal colony going?
Oh, man. You are not redpilled on Hitler?
archive.org
He didn´t want the war, he was forced to it. Holohoax never happened.
It might interest you, it explains a lot about the world we are in now.
Your average poltard.
Got to go. Check out the documentary, man, trust me.
Nice talking to you, user, stay you.
>He didn´t want the war, he was forced to it.
If he could have taken all the clay (including yours, Bohemia) without a war with France and Britain he surely would have. What does that prove? German Empire revanchist autism was easily the Nazi party's worst trait, and it sunk them in the end. Simple as.
if the bank doesnt pay its rent i will evict it
Idk ask your mum. She's certainly a penal colony
i know a lot about hitler
i understand weimar germany
i understand he went to prison as a traitor after being a war hero in WWI
i understand he wrote mein kampf when he was in prison
i understand that he could've brought germany to power with out all the aggression
Hitler's problem isn't that he was the aggressor, it is that once he had the upper hand he was ruthless and merciless
he may have started out with good intentions for germany, but he ruined any progress made by his national socialist policies
ty i will check it out
checked
kek
Why is congress still open if they are unwilling to come to a solution? We're in the middle of a national emergency and politicians are letting their two party feud carry on like it's a normal day.