Important Videos Thread

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Pixel8r
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Re: Important Videos Thread

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"Money is Gold, and nothing else"
(As John Pierpont Morgan once stated under oath before the USCongress and the Pujo Commission in 1912)
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Re: Important Videos Thread

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^^^ Uncle Clif's take relevant to the subject matter of these videos.





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Re: Important Videos Thread

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Re: Important Videos Thread

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Re: Important Videos Thread

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Re: Important Videos Thread

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Re: Important Videos Thread

Post by Acton Boy »

Go to 29 min 45 sec to see about a 48 trillion bail out for banks a couple of years ago …..

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Re: Important Videos Thread

Post by Pixel8r »

Acton Boy wrote: Sat Apr 16, 2022 1:40 pm Go to 29 min 45 sec to see about a 48 trillion bail out for banks a couple of years ago …..

Funny that the only sites listing this news are crypto sites. I thought I'd do a bit of digging and it appears that is clickbait that Francis has been tricked by.

This thread on Reddit has some good comments about it listing it as Debunked - https://www.reddit.com/r/Superstonk/com ... abanks_in/
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Re: Important Videos Thread

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Thanks for the link Pix, I really should have looked into such an extraordinary claim :oops:
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Re: Important Videos Thread

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Acton Boy wrote: Sun Apr 17, 2022 4:26 am Thanks for the link Pix, I really should have looked into such an extraordinary claim :oops:
I do believe that the banks have been tapping the Fed via the repo market in ever-increasing amounts in 2021. This shows that the CB debt-based money system is on its last legs.

Check this graph from St. Louis fed, you will see the number of government treasuries that they are having buy from the banks each night is approaching $2T.

Basically, a reverse repo means that the fed provides cash to a bank in exchange for a treasury. The agreement is that the bank must repurchase the treasury from the fed at a later date at a higher price.

This is the best explanation of what RR's are;
  • A reverse repo is a short-term agreement to purchase securities in order to sell them back at a slightly higher price.
  • Repos and reverse repos are used for short-term borrowing and lending, often overnight.
  • Central banks use reverse repos to add money to the money supply via open market operations.
So it is a bit like the banks are having to borrow on their credit card in amounts approaching $2T.

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Re: Important Videos Thread

Post by Acton Boy »

Pixel8r wrote: Sun Apr 17, 2022 6:29 am
Acton Boy wrote: Sun Apr 17, 2022 4:26 am Thanks for the link Pix, I really should have looked into such an extraordinary claim :oops:
I do believe that the banks have been tapping the Fed via the repo market in ever-increasing amounts in 2021. This shows that the CB debt-based money system is on its last legs.
I honestly thought that all the currency printing would have caused massive inflation and subsequent loss of confidence in the system years before now. I started looking down this track in about 2005/6 and still it’s going on !

Now inflation is now definitely running higher than is being admitted in the gov stats. 24knews has become really quiet these days and that shows a lack of belief that people need to protect themselves both of these facts and more leads me to feel that things are close to a big change.
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