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I did not know this. I'm pretty sure we should be thanking Jerome Powell


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#1 skott

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Posted 13 March 2023 - 08:20 PM

did you remember Trump put Powell up as Chairman?  and also John Williams at the NY Fed?  Did you know our monetary policy has been controlled by 18 men talking each day and deciding over the phone what the overnite lending rate is, LIBOR?  Did you know we are switching to SOFR, it has already taken over. It will be official in June. Debt is now indexed to SOFR instead of LIBOR. This is somewhat difficult to understand but it's important. The other thing to understand is the Powell is not like the past fed chairmans. remember, he's a trump nominee. He is attempting to restore credibility of the dollar. This is not the FED you knew for the last couple decades.



#2 skott

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Posted 13 March 2023 - 08:37 PM

US banks no longer accept eurobonds as repo collateral. if the europeans want treasuries they have to go directly to the fed now. we have taken back control of our markets and money supply from London and the Europeans.

 

Powell may be able to force the us govt to going to a sane fiscal policy by making the huge debt impossible to manage at higher rates



#3 fib_1618

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Posted 13 March 2023 - 10:51 PM

did you remember Trump put Powell up as Chairman?  and also John Williams at the NY Fed?  Did you know our monetary policy has been controlled by 18 men talking each day and deciding over the phone what the overnite lending rate is, LIBOR?  Did you know we are switching to SOFR, it has already taken over. It will be official in June. Debt is now indexed to SOFR instead of LIBOR. This is somewhat difficult to understand but it's important. The other thing to understand is the Powell is not like the past fed chairmans. remember, he's a trump nominee. He is attempting to restore credibility of the dollar. This is not the FED you knew for the last couple decades.

 

Being a Washington political novice initially, President Trump was betrayed by those who were part of the current "cabal" with Powell being nominated in early 2018 as well as Williams. Both men have a long track record of practicing the voodoo/Ivy League Keynesian economics quite religiously to an obvious fault. I remember how annoyed President Trump was as Powell purposely raised rates in 2018 as he is currently with little of the way of forethought on how far reaching such a policy would affect the banking system, and by extension, the economy itself.

 

By the way, I've decided that the true blame of this current banking debacle should be called "Biflation"...a creation to destroy the global economic leadership of the United States to be more "equitable" within the "New World Order" of fairness. Just remember all of this has been purposeful from the very start.

 

Fib


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#4 Rogerdodger

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Posted 13 March 2023 - 11:13 PM

"Biflation"...a creation to destroy the global economic leadership of the United States to be more "equitable" within the "New World Order" of fairness. Just remember all of this has been purposeful from the very start.

Shhhh! Don't tell anybody.

 

"The FIX is in! I want my spandex jacket!"

They are well on their way to destroy the greatest country on earth, as planned decades ago.

Open the borders. Dilute the USA, Homogenize the world for the New Order of Lemmings.

(The Bilderberg Group  first convened on 29 May 1954. Theorists believe their agenda is either to impose pan-global fascism or totalitarian Marxism.)

"IF men were angels..."

"If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary."

 

A just machine to make big decisions
Programmed by fellows with compassion and vision
We'll be clean when their work is done
We'll be eternally free yes and eternally young
Powered by the sun

On that train all graphite and glitter
Undersea by rail
Ninety minutes from New York to Paris
Perfect weather for a streamlined world

What a beautiful world this will be
What a glorious time to be free
 

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.


Edited by Rogerdodger, 14 March 2023 - 12:16 AM.


#5 steadyquest

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Posted 14 March 2023 - 12:17 PM

Jerome's mission, which he chose to accept, is to hold the balance (thread a needle) between hyperinflation and death-by-debt, using what remains of dollar hegemony as the fulcrum.  Who knows - he could pull it off - though hegemony might be a casualty.   "Open the borders. Dilute the USA,"  A (good?) old-fashioned war (not the vietnam-korea-iraq-afghanistan type) could turn this around in a jiffy, while moving the environmental movement to the back burner - and the perspective provided by a draft and boot camp might go a long way toward putting the woke back to sleep.  Not advocating - just saying...

 

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#6 skott

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Posted 14 March 2023 - 01:05 PM

Have you noticed the obesity among the marxists in our country? Their way to avoid the draft?

 

My big takeaway from what I have read is we are no longer under the thumb of the 18 men of LIBOR. we are not under London's rule any more. SOFR took over and it's more legit



#7 EntropyModel

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Posted 14 March 2023 - 05:39 PM

 

did you remember Trump put Powell up as Chairman?  and also John Williams at the NY Fed?  Did you know our monetary policy has been controlled by 18 men talking each day and deciding over the phone what the overnite lending rate is, LIBOR?  Did you know we are switching to SOFR, it has already taken over. It will be official in June. Debt is now indexed to SOFR instead of LIBOR. This is somewhat difficult to understand but it's important. The other thing to understand is the Powell is not like the past fed chairmans. remember, he's a trump nominee. He is attempting to restore credibility of the dollar. This is not the FED you knew for the last couple decades.

 

Being a Washington political novice initially, President Trump was betrayed by those who were part of the current "cabal" with Powell being nominated in early 2018 as well as Williams. Both men have a long track record of practicing the voodoo/Ivy League Keynesian economics quite religiously to an obvious fault. I remember how annoyed President Trump was as Powell purposely raised rates in 2018 as he is currently with little of the way of forethought on how far reaching such a policy would affect the banking system, and by extension, the economy itself.

 

By the way, I've decided that the true blame of this current banking debacle should be called "Biflation"...a creation to destroy the global economic leadership of the United States to be more "equitable" within the "New World Order" of fairness. Just remember all of this has been purposeful from the very start.

 

Fib

 

 

Yep. Sadly correct.

 

I made video's and warned about all this a year ago, and alot here for fews months or so but people don't want to hear it, no matter how logical and reasoned we make it. 

But FWIW i'm busy helping on a project that is trying to inform average folks,... Im doing 3 interviews as subject matter expert for https://strongandfre....org/truthcast/

I'm not sure when it will be posted - doing it next week ...but some of you might be interested.  Right now the 3 interviews will be 1. AI - what it is, what it isn't - how its being used against us and will be in future,

2 The psychology of Tyranny  - i.e. who's behind all this, what their goals are- and HOW they are doing it using sophisticated Psy ops ...and 3 . The planned controlled demolition of the financial system - goals etc ..primarily

making people understand digitial $ and social credit system for mass control to be ushered in using the FED induced collapse etc.


Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data. I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'. Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email https://www.youtube.com/playlist?list=PLznkbTx_dpw_-Y9bBN3QR-tiNSsFsSojB