{"id":1714,"date":"2019-12-18T16:52:43","date_gmt":"2019-12-18T20:52:43","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=1714"},"modified":"2019-12-18T16:52:43","modified_gmt":"2019-12-18T20:52:43","slug":"the-fed-is-a-money-printing-press-recklessly-throwing-cash-at-global-crises-that-cant-be-fixed","status":"publish","type":"post","link":"http:\/\/stateofthenation.co\/?p=1714","title":{"rendered":"The FED Is a Money Printing Press Recklessly Throwing Cash at Global Crises That Can’t Be Fixed"},"content":{"rendered":"

Monetary Looting<\/strong><\/h1>\n

Michael Krieger\u00a0 |\u00a0 Liberty Blitzkrieg<\/p>\n

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The United States has historically bragged about its free and transparent markets. But what the Fed is doing today is pulling a dark curtain around the financing of this so-called free and transparent market. The public has no idea which Wall Street firms have received this $3 trillion or why they can\u2019t borrow it elsewhere. This kind of obfuscation by the Federal Reserve could actually stimulate distrust in the U.S. banking system. The Fed admitted as much in its most recent Federal Open Market Committee (FOMC) minutes, writing that participation in the Fed\u2019s loan program \u201ccould become stigmatized.\u201d<\/strong><\/em><\/p>\n

\u2013\u00a0Wall Street on Parade<\/em>:\u00a0Is the Fed\u2019s $3 Trillion in Loans to Trading Houses on Wall Street Legal?<\/a><\/p>\n

T<\/strong>he<\/b>\u00a0business<\/b>\u00a0model<\/b>\u00a0of<\/b>\u00a0Wall<\/b>\u00a0Street<\/b>\u00a0is<\/b>\u00a0fraud.
\n<\/b><\/em>\u2013 Bernie Sanders<\/p>\n

Financial services as currently structured is the most pernicious, predatory and corrupt industry on earth. Moreover, it\u2019s the deliberately complex and opaque nature of the industry which then limits public debate when some problem arises and governments and central banks are called upon to take emergency measures to \u201csave the system,\u201d which is just a euphemism for enormous sums of corporate welfare being funneled to people and institutions who couldn\u2019t survive otherwise.<\/p>\n

It is systemic looting on a massive scale and the primary patrons of this ongoing and seemingly endless scheme are central banks. In the U.S. this means the Federal Reserve, which recently came back into the \u201cmarket\u201d with enormous new interventions in both the repo market and via renewed balance sheet expansion. I\u2019ve read many of the smart takes on the repo crisis and still don\u2019t feel confident I know precisely what\u2019s going on. This is intentional.<\/p>\n

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Unelected central bankers throwing around billions upon billions gets almost no scrutiny, while impeachment theater dominates mass media 24\/7. Which of these deserves more scrutiny?
This is how the public gets scammed. Look over here, while we loot the system quietly here.<\/p>\n

— Michael Krieger (@LibertyBlitz) December 16, 2019<\/a><\/p><\/blockquote>\n