Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ Martens from Wall Street on Parade, uncovered $3.84 trillion …[continue reading]

ECASH & Biden’s Attack on the Financial Markets

I reported on the Private Blog that I had a copy of the legislation and I was told it would be introduced today – Monday 28th. That info was correct. Well, here it is!. Reps. Stephen Lynch (D-Mass.), Jesús Chuy Garcia (D-Ill.), Ayanna Pressley (D-Mass.), and Rashida Tlaib (D-Mich.), all Democrats, have introduced the “Electronic …[continue reading]

WEF plan to decentralize finance and transform business services

How decentralized finance will transform business financial services – especially for SMEs For smaller businesses in developing markets, decentralized finance offers a more suitable system than traditional banking Decentralized finance (DeFi) is emerging as a tool for smaller businesses in developing markets, particularly for remittances and small loans; The transaction banking industry is beginning to …[continue reading]

The Central Banking Scam

The Central Banking Scam by Patrick Macfarlane | Jun 21, 2021 Oddly enough, the one question that finally brought me to anarchy was: “where does money come from?” It was perplexing to me that the answer to such a simple question could be so simple, yet so complex—and, moreover, absurd. So? Where does money come …[continue reading]

We are now at the beginning of what will be a historic collapse

It’s all coming to a disastrous end and the world faces a very dark future Alasdair Macleod: Yesterday, the FOMC [Federal Open Market Committee] released its June statement which only served to remind us that its members are powerless in the face of inflationary conditions. They refuse to accept the price consequences of monetary inflation, …[continue reading]