https://www.christalclearcommunications.com/post/federal-reserve-s-laundromatA crime previously reserved for drug dealers, government deep-staters, terrorists and nefarious entities, the most trusted institution in America is ~ and has been guilty of money laundering.
The globalist's puppets revolving door continues spinning from The Department of the Treasury to The Federal Reserve.
99% of Americans are oblivious to the fact that The Federal Reserve is not owned by The United States of America, but by the Rothschild 1 world order central banking cartel.
I highly recommend reading G. Edward Griffin's The Creature from Jekyll Island: A Second look at the Federal Reserve.
The Federal Reserve operates its own financial laundromat for troubled and criminal banks. The Fedâs loan laundry and downscale resale consignment shop first takes in the wash by purchasing non-performing, and therefore largely worthless financial assets (loans and loan-backed securities) to remove them from the books of private banks.
Another variant is for the Federal Reserve to swap the banksâ bad paper at face value for federal debt instruments, which replaces the banksâ non-performing assets having little ~ if any resale value, with safe, interest-paying and highly marketable assets.
The Fed then launders the loans by reselling them back to the same group of banks at a fraction (10% or less) of the face-value price it paid the banks for them.
Once the banks repurchase the spiffed up dirty loan laundry, it not only has turned a nifty 90-percent-or-more profit on the turn-around, but it also has a new asset it can put back into the stream of financial commerce at a price reflective of its true value.
Like hedge funds, the Federal Reserve is a perfect vehicle to transform bad assets into good. It is weakly overseen by The United States' government, operating undercover without an independent audit.
And thus, it is able to intermediate the transformation of bad, illiquid assets into money and then back again into valuable financial assets, all done secretly and anonymously.
Immediately after the 2008 financial meltdown, the Fed laundered more than $2 trillion in worthless assets held on the balance sheets of private banks.
According to a watered-down 2011 audit of the Federal Reserve by the Government Accountability Office (GAO), there have been over $16 trillion in Fed bailouts to banks and corporations around the world since the financial meltdown in 2008.
Since that communique, Bloomberg has reported on an additional $9 trillion in secret, off-balance-sheet Federal Reserve transactions that the central bank refuses to discuss.
And yet, revved-up assembly-line washing machines at the Fed with QEâ spin an opened-ended, $40-billion-monthly cleansing campaign to purchase worthless mortgage-backed securities from banks at face value, which ran an additional $1.3 trillion loan laundering accompanied by downscale resales.
QEâ is no mere financial laundromat; it is a full-service loan laundry and downscale resale facility that not only cleans the banksâ balance sheets but also sterilizes the entire operation to prevent it from producing immediate price inflation.
Here's how the Federal Reserve's loan laundry and downscale resale facility works:
After the Fed buys (at face value) and resells (at pennies on the dollar) the bad mortgage-backed securities with newly minted electronic digits that it places into the banksâ Federal Reserve accounts, it then sterilizes the entire operation to prevent the new money from transmitting the dread inflation virus.
The Fed quarantines the banking systems new toxic money used to launder the dirty loans. To affect this quarantine, the Fed wields both a carrot and a stick to keep this newly minted digital money from seeping out into the economy through new loans and igniting inflation.
It pays the bank interest on its Fed reserves as long as the bank keeps the funds on deposit at the Fed (the carrot); and it tightens reserve requirements by raising the amount of money the bank must keep on deposit at the Federal Reserve (the stick).
Former Rothschild 1 world order Bank of England president Sir Josiah Stamp observed:
âBankers own the earth. Take it away from them but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.â
This observation is perfectly illustrated in the Federal Reserveâs 2023 loan laundry and downscale resale facility resulting in:
° personal income falling precipitously.
° individual homeowners remain upside down on their mortgages and are losing their family residences at record rates.
° unemployment (always improperly measured) continues skyrocketing.
° hyperinflation is causing consumer prices to rise egregiously.
° homelessness continues to grow and causing crime rates to escalate.
° unscrupulous lobbyists, bank and military industrial complex CEO's earn humongous bonuses while extreme poverty increases exponentially in America.
The Federal Reserve's financial detergent of printing fiat currency is limitless, until they soon pull the plug and go really criminal into deep web crypto digital currency.
In a non-physical "holdable" state, digital money can be absconded without our knowledge and permission; as well as tracing us and every transaction.
Ever since "Tricky Dick" abolished the gold standard in 1971, the intrinsic value of money is based solely on perception.
Hand a Borneo bushman a $100.00 bill and he will use it for toilet paper, not knowing its perceived value throughout the modern world.
Please invest a few minutes and listen to scrutinously vetted Neil McCoy-Ward as he confirms the continued contagion effects of Silvergate Bank, Silicon Valley Bank, Signature Bank and now First Republic Bank:
Sleep with 1 đď¸ open.............
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