FRB Balance Sheet +$142Bn
Loan Programs +$303Bn -Now you know why Stocks are Higher!
Its truly an amazing thing to watch your country clamor for socialist policies. San Francisco legislators heard arguments calling for Reparations and Atonement. The crazy thing is, that its actually being considered.
Apparently the only way forward is to buy your way and the reality is, this has nothing to do with slavery or the past, rather what it is, is a direct reflection of the financial scam that fractional reserve banking has led to.
You see the commoner has no clue, cannot see that inflation and debt are the real true enslavers. Inflation and debt do not care about your race color or creed, rather what it does is it gives you the illusion of prosperity, all the while they know even if they did dole out Trillions to the commoner, it will end up in the very small hands of the very few who actually own assets.
Here is the Zerohedge Article if you want to read it, San Fran Reparations Committee
We see this already in fact the game continues to need more and more capital and that is why you see calls for Socialistic policies despite all the warnings from the past, despite what we see currently in a few places around the globe, despite the works of Solzhenitsyn. I can guarantee you less than 0.5 of 1% of the US population has ever even read or heard of Solzhenitsyn, and truly that is a shame.
We live in a world that is created by artists well versed in the allure and illusion of money. Even today as Magnelibra has stated time and time again, the FOMC, cannot reduce their balance sheet without destroying value...amidst this clamor we are once again proven correct as todays H4 report shows, the FOMC has increased their balance sheet by $142 Billion this week and this is despite the fact that we have seen interest rates rise the fastest in history...
IF mankind doesn't see the illusion now, they never will and when you realize that its all just that, well then maybe you start focusing upon the things that truly matter, family, friendships, experiences, because right now, its an all out battle for Individual Sovereignty, for Freedom, for transparent and open financial markets.
No wonder they want to destroy Bitcoin, funny thing is they can't, because the more they print their fiat, the more worthless their money actually becomes and INFLATION always destroys the illusion!
We like to use Section 1 of the report as it provides the breakdown of all the factors that affect the reserve balances, Section 5 is the consolidated statement, which shows that Institutions took on $303Bn in loans from the new QE Program!
So when you wonder why this Nasdaq equity breakout occurred, well you have the data for the setup. The story is always the same, Hegelian Dialectic right? Problem -Reaction -Solution! Never waste a good disaster to issue a few Billion or as JPM put out today, what they feel will be around $2T. We posted this chart in last nights post of the Nasdaq with some options plays and well, here you go:
We don’t know what else to say, but if Powell doesn’t raise next week, all hell will break lose and you will see some real fireworks and we suspect the market will take it as a great sign, a new BULL MOVE. However in reality, we know the real pain always comes after the first rate cut, and reality of printing and QE set in. Expect this year to continue to be an epic one, anything and everything can happen so stay the course with us and we will help you navigate things!
BTW we are making these posts free, because to be honest the information is too important to hide behind a paywall, but please like, share and subscribe and support our work!
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