BanksterCrime: For the First Time in History, the Fed Is Reporting Billions in Losses Weekly; It’s Still Paying High Interest Income to the Mega Banks on Wall Street By Pam Martens and Russ Martens: April 8, 2024 ~ Jerome Powell, Chairman of…
1/25/24: Robert Kaplan Was Heavily Trading on May 1, 2020; One Day After a Fed Blackout Period and the Same Day He Made a Shocking Prediction on TV
By Pam Martens and Russ Martens: Robert Kaplan, Former President of the Dallas Fed To read main stream media headlines, one would think that the Federal Reserve Inspector General’s Office has exonerated former Dallas Fed President Robert Kaplan of any legal action…
Bill Dudley, Former Kingpin of Darkness at the New York Fed, Now Urges Transparency at the Fed
By Pam Martens and Russ Martens: William C. (Bill) Dudley, Former President of the Federal Reserve Bank of New York William (Bill) Dudley served as President of the New York Fed from 2009 to 2018. (He was previously an executive at Goldman…
Deer in Headlights Chaos in Credit Markets: Crypto Soars
BanksterCrime: by Tyler Durden Well that was a day… Almost time to trot out the ‘deer in headlights’… A double-whammy of a 30Y TSY auction bloodbath and Powell’s considerably more hawkish-than-expected tone prompted bonds and stocks to be clubbed like…
Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs–Don’t Trust The Fed’s
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar. By Jack Schickler Takeaways FedNow conveys money almost instantly, versus the hours or days it has conventionally taken in the U.S. – finally…
The Fed Has Just Declared War On Americans… Again!
And now the Fed wants to make us a cashless society! When every dollar is gone, that means no greenbacks for swap meets or garage sales. No tooth fairy or piggy banks. No rainy day savings. No extra quarters for…
“An Extremely Dangerous Game” – Central Bankers ‘Extend & Pretend’ Has Increased Risk Of “Catastrophic Collapse”
In recent weeks, there has been a lot of talk about the role of the world’s central bankers going forward. With that in mind, now seems like a good time to recap the market bailout operations during the past few years… to…
Central Banks Are Destroying What Was Left Of Free Markets
President Reagan memorably said that the nine words you don’t want to hear are “I’m from the government, and I’m here to help.” Governments in all the major jurisdictions are now making good on that unwanted promise and are taking responsibility…
No Financing And No Demand: Chinese Refiners Run Into Trouble
International banks are suspending credit lines for some independent oil refiners worried about the growing risk of defaults across industries because of the coronavirus epidemic, Reuters reports, citing industry sources… According to the sources, at least three private refiners, or teapots,…
Will The Coronavirus Outbreak Cause A Massive Stock Market Crash?
Could it be possible that this coronavirus outbreak will be the trigger that finally bursts the biggest stock market bubble in U.S. history? As I have discussed previously, stock prices in the United States were the most overvalued that they have…