Posts Tagged ‘Fed Not Our Fault’
3/7/24: Wall Street Mega Banks Have Created a Circular Firing Squad with Credit Derivatives and Capital Relief Trades – with the Fed’s Blessing
By Pam Martens and Russ Martens: On June 11, 2015, the Office of Financial Research (OFR) released a sobering report on how banks were reducing their requirements to hold adequate capital against potential losses by engaging in non-transparent “capital relief trades” with potentially questionable counterparties. The OFR researchers summarized the problem as follows: “Capital relief transactions may…
These Morons Can’t Do Anything Right: Fed’s New CBDC Hacked Just Six Days After Its Launch
BanksterCrime: We spend a lot of time wondering about the future and where all of this crazy will go in a world full of unthinkable nonsense. “Future Headline Friday” is our satirical take on where the world is headed if things continue as they are. While our satire may be humorous and exaggerated, you can…
The Federal Reserve Is Just Trying to Play the Blame Game and Pass the Buck Onto Other Entities, so When the Crap Hits the Fan They Can Say, ‘We Told You So, in It’s the Fine Print, the Devil Is in the Details, It’s Not Our Fault You Know.’
BanksterCrime: “This problem seems likely, given the way Congress has behaved in recent years,” the Feds added. The Federal Reserve is warning that the United States faces a “dollar inflation uncertainty nightmare,” or hyperinflation in other words. It is no secret that the U.S. dollar’s purchasing power has vastly been diminished annually. To put things…