A 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 globalists' 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 Fed’s 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 banks’ bad paper at face value for federal debt instruments, which replaces the banks’ 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% 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.
And 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.
Former Rothschild 1 world order Bank of England president Sir Josiah Stamp observed:
“Bankers 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.”
This observation is perfectly illustrated in the Federal Reserve’s 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.
° unscrupulous lobbyists, bank and military industrial complex CEO's earn humongous bonuses.
° extreme poverty, homelessness and crime 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.
Sleep with 1 👁️ open.............
Comments