Buckle Up: Silicon Valley Bank Seized by the Fed

[prambo]

Why the Regime Needs the Dollar to Be the Global Reserve Currency | Ryan McMaken

"It’s difficult to see how the US regime will abandon this status quo any time soon, however. Washington is addicted to deficit spending, monetary inflation, and international meddling in the name of US primacy and war. It won’t stop until domestic inflation becomes politically unbearable and foreign states finish building off-ramps from the dollar system."

The rest of the world is telling the "bully" to go fuck itself.

 

[Defilade]

 

[Defilade]

View attachment VID_20230405_212147_690.mp4

Trump:
"Our currency is crashing and will soon no longer be the world standard...If you took the five worst Presidents in the history of the United States and added them up they would not have the amount of destruction Joe Biden has done...
These radical left lunatics want to interfere with our elections by using law enforcement.
We can't let that happen.
With all of this being said:
With a very dark cloud over our beloved country. I have no doubt that we will make America Great Again."

You'll notice that even in the midst of the precipice, hope remains.

 

[prambo]

The Fed’s Capital Goes Negative | Alex J. Pollock

"The Federal Reserve’s new report of its balance sheet shows that in the approximately six months ended March 29 it has racked up a remarkable $44 billion of cumulative operating losses. That exceeds its capital of $42 billion, so the capital of the Federal Reserve System has gone negative to the tune of $2 billion—just in time for April Fools’ Day."

 

[John Stark]

The Fed’s Capital Goes Negative | Alex J. Pollock

"The Federal Reserve’s new report of its balance sheet shows that in the approximately six months ended March 29 it has racked up a remarkable $44 billion of cumulative operating losses. That exceeds its capital of $42 billion, so the capital of the Federal Reserve System has gone negative to the tune of $2 billion—just in time for April Fools’ Day."

View attachment 196465

Money doesn't grow on trees.

However it does seemingly grow inside a computer, and we can bet that computer is pregnant right now.

Truth is $44 billion is nothing compared to the financial instruments and debts floating around out there in the interconnected ponzi scheme market. As ridiculous as it is to say that!

 

[Defilade]

This Nation only survives on credit. We are the poorist. Trillions in debt.

 

[prambo]

This Nation only survives on credit. We are the poorist. Trillions in debt.

And it's rather quickly getting so much worse...watch the Tucker Carlson vid in the Zerohedge article linked below - "they" have totally rat-fucked the entire fUSA economy and, with it, the country.

"The Last War We Can Afford To Fight": Tucker Carlson Sounds Alarm Over De-Dollarization, Slams Biden Admin For Pissing Off World | ZeroHedge

 

[DoOver]

 

[Defilade]

View attachment 196499

^^^ That would be exactly right. One of the Private families that owns the Federal Reserve. The Rothchilds... The Money changers.

 

[Defilade]

 

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[Defilade]

 

[prambo]

Role Reversal: The Collapse of the Dollar-Enforced Empire | Patrick Barron

"Of course, no one in a position of power in the US understands anything about real money and real finance. They are blinded by the promise of Keynesian economics and modern monetary theory, which posits that creating aggregate demand (Keynesianism) funded by massive money printing (modern monetary theory) is the sure path to economic progress. They fail to acknowledge that the steady fall in the purchasing power of the dollar and the rise of an alternative trade settlement system are the inevitable consequences of their blindness."

 

[John Stark]

Role Reversal: The Collapse of the Dollar-Enforced Empire | Patrick Barron

"Of course, no one in a position of power in the US understands anything about real money and real finance. They are blinded by the promise of Keynesian economics and modern monetary theory, which posits that creating aggregate demand (Keynesianism) funded by massive money printing (modern monetary theory) is the sure path to economic progress. They fail to acknowledge that the steady fall in the purchasing power of the dollar and the rise of an alternative trade settlement system are the inevitable consequences of their blindness."

I don't think I can agree with the premise that these people don't know anything about real wealth, nor the premise that they are "blinded" by Keynsian economics.

I believe they've understood the nature of the Beast since they created the Federal Reserve. If not from day one, at least since the Great Depression. The Federal Reserve has always been a ponzi scheme, especially once dollars were no longer convertible/redeemed for gold or silver. I do not believe for a moment that they didn't understand that they were making an interconnected network of banking cartels that would, over time, crush competition and consolidate power into the hands of a few.

Further, I do not believe that they had many, or maybe any, qualms about propping up an inflationary model of finance that made sure "money" was always going to appreciate and grow through compounded interest and other financial tricks of the trade, even if that meant devaluing the dollar in the long run. Money itself for all practical purposes became a commodity that could be traded, leveraged, and moved around to reap profits. As somewhat recent evidence, we can see an example of this when Soros and others broke the British pound in 1992 via currency speculation.

Just as money became a commodity and financial instrument to play with in the "markets," so too did debt, which is bought and sold and traded regularly, and is very often used as an "asset." Even bad debt.

I believe the devaluation of the US dollar since 1913 proves my premise that these people are not fools when it comes to "wealth." They understand its a game of musical chairs, and approach everything in a cutthroat manner to ensure they still have a seat at the table when the music eventually stops; knowing that the music never really stops, it only pauses when they need to tally up the winners and the losers.

These people will ensure that they are always well off, always flush with cash along with real wealth, even if that means bankrupting everyone else, causing famines and other terrible situations that kill the street trash off while they live in opulence. If their wealth is in jeopardy, they just add a zero or two in the system they control to make sure they stay flush while everyone else drowns. Swap some assets (remember, holding debt others owe you is an "asset" in the ponzi scheme), switch up your portfolio, go long on this and short on that, etc., and what looked like looming financial trouble turns into a windfall. Insider trading on the next inside track doesn't hurt either, just like knowing what the fix is in a horse race or boxing match.

I mean, take a look at the special people in government who prove themselves to be investing geniuses not long after getting into office...

That's not to say that the system that is being created doesn't have its hiccups, ups and downs, and so on. Ruthless competition among the elites is part of the game, all while they make sure to limit the number of players who can get in on playing the game through various means to suppress true competition that might upset their apple cart. For this, they have vast webs of political and legal remedies and strategies based on laws and regulations their government puppets pass to give themselves all the advantages, including vast taxing schemes. Big corporate and finance have a million loopholes that benefit them, and all of the laws, taxes, regulations and so on that they comply with are a cost of doing business for these people, while the ever shrinking circle of smaller businesses and companies can never compete due to the fact that they can never meet the compliance standards that the monopolies simply hire another accountant or lawyer to handle that end. No one can comply with every tax, every insurance mandate, every regulatory burden, every law, every compliance matter, etc. because no one even knows what they all are. The system is so complex, even the IRS cannot often answer tax questions given the vast legal and regulatory scheme that has been erected to stymie competition and prop up the "Too Big To Fails."

Even if you can figure what the law is, or the mandate, and so on, government (at the behest of their cronies) and the corporate elite (via armies of lawyers, investigators, accountants, etc.), have lots of trump cards to play. Rivals get investigated, which we know can become a multi-year problem and cost anyone targeted LOTS of time and money, even if they are squeaky clean in their business or personal financial practices. Screw up in any way, and the fines and penalties will kill you, even if you manage to escape criminal charges and potentially jail or prison time. Further, even if you are completely squeaky in your financials, whether as a business or as an individual, there is very often a government or corporate option to make sure that there is a "criminal" to fit the "crime." Completely innocent people have been railroaded for decades through ginned up "investigations" and criminal charges. Even winning in court to prove your innocence is not a panacea; being bankrupted to stay out of prison is still ruination, even if you walk away with your "Liberty."

All of these schemes (and more that I'm sure we don't know anything about) are features of the system, not bugs; working as intended, no matter the consequences to anyone else.

Furthermore, as I said, I do not believe these people are "blinded" by Keynsian finance.

No, they count on it.

Its a purposeful agenda, and the endpoint is total control of all transactions and other means of financial trade.

Once trade is (almost) completely controlled (minus whatever black markets that might survive or maybe thrive), it becomes much easier to weed out "undesirables."

Don't like the government? You're cancelled. Don't want to give up your Arms. No place in society for you. Don't like how the big corporations have become vast monopolies, crushing all competition? No job for you. Unhappy and outspoken about the Rainbow Mafia, the dragfags, and their Gaystapo; or raise your voice against murdering babies in the womb, or demand that criminals be locked up and never coddled; sick and tired of seeing your neighborhood overrun by sidewalk tents, open air drug dealing, and the violence that goes along with that; express hatred for the corruption of your "representatives" and so-called public "officials" and "servants;" and on and on? Sorry, but you're not allowed to buy groceries for your family.

No place in society for you. You're cancelled. Welcome to the new caste system you worthless untouchable.

Now, if you get with the program, get with us on the "progress" we're making, be a good little boy or girl (or she/he/it), then you've got a bright future ahead of you in the dystopia, where the "right" kinds of people are going to make out just fine.

All it costs is your humanity, your dignity, your sense of moral right and wrong, your belief in anything beyond the authority that is being established.

The Nazis, the Soviets, the East Germans, the Maoist Chinese, Northe Korea, the Khmer Rouge, the Cuban regime under the Castros, Venezuela under Chavez and Maduro, and so on have proven time and again that these types of people will be glad to rule over the ruins and the destitute who live among those ruins, while they ensure that they and their cronies have the best things in life. We could add in the Islamic supremacists and many others. Including the FUSA now.

Call it fascism or communism or socialism or totalitarianism, it all amounts to Tyranny plain and simple.

There is a driving force behind all of this. Its purposeful and evil.

The end game will be worse than Hitler and Stalin and Pol Pot and Castro and all of the rest of the tyrants in the history of mankind, because none of the royalty or regimes in history had what is necessary, and what the end game is for our "modern" world: total control over society.

Buckle up, make Peace with your Maker, and understand that great tribulation is on the horizon, the likes of which has never been seen before.

Unless we put a stop to it.

 

[spat]

Why the Regime Needs the Dollar to Be the Global Reserve Currency | Ryan McMaken

"It’s difficult to see how the US regime will abandon this status quo any time soon, however. Washington is addicted to deficit spending, monetary inflation, and international meddling in the name of US primacy and war. It won’t stop until domestic inflation becomes politically unbearable and foreign states finish building off-ramps from the dollar system."

The rest of the world is telling the "bully" to go fuck itself.

We collect taxes from the entire world via inflation of the petro dollar.

The world puts up with this as the cost of the pax Americana. This far is has been a good deal for everyone.

But Washington has gotten too greedy, and the world is starting to shop around.

You ever see what happens to that "new hip restaurant" that was raking in the bucks when the "next big thing" comes along ?

That's us.

We have forgotten how to exist without that money, and when it is gone things will get very very ugly.

Imagine what the cities will look like when the welfare dries up ? People who have been told for generations that "society" owes them a free ride.

When the ride is over they're going to be pissed, and they really believe you're stealing from them if you don't fully subsidize their life.

 

[John Stark]

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

One small snapshot of information on one aspect of the "problem,," accounting for just some of the banks in the US, with no details on banks worldwide. The overall picture should shock the conscience, or at least the consciousness, of anyone with even a little skin in the game.

Given that banks are all tied up in financial schemes on an international basis, the scope of the default that is never "realized" ought to make up our minds on whether slips of paper or zeros in a computer account amount to any kind of real "wealth."

Unfunded liabilities, the promises governments at every level make to its citizens, employees, and "others" is numbered in the $100s of TRILLIONS. Medicare and Social Security (what a misnomer!) alone are staggering debts that our nation owes or will owe as we whistle past the grave
($200 Trillion is a number that seems to come up with regard to just these two Federal programs). Add in pensions, subsidies, welfare, and all other payouts that the governments from local to State to Federal owe, and we get an idea of how little the $39 Billion "national debt" number really is in comparison. Mix in the vast debts owed to corporate and financial institutions, and the debts they owe us and each other, and the debt problem just in our own nation is almost inconceivable.

Now get some kind of grasp of how interconnected the banks of all the nations are, and how much "paper" or digital debt they hold and trade in as interest bearing "assets," and it really is beyond description.

At a certain point the numbers become meaningless. It can never be paid off.

 

[John Stark]

Here is a very interesting rabbit hole to go down.

Yes its Wikipedia, but I offer it as a quick and dirty teaser only:

Bank for International Settlements - Wikipedia

en.wikipedia.org

"The Bank for International Settlements (BIS) is an international financial institution[2] owned by central banks that "fosters international monetary and financial cooperation and serves as a bank for central banks".

"It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City."

"The charter for the bank was drafted at the International Bankers Conference at Baden-Baden in November, and adopted at a second Hague Conference on January 20, 1930. According to the charter, shares in the bank could be held by individuals and non-governmental entities. However, the rights of voting and representation at the Bank's General Meeting were to be exercised exclusively by the central banks of the countries in which shares had been issued. By agreement with Switzerland, the BIS had its corporate existence and headquarters there. It also enjoyed certain immunities in the contracting states (Brussels Protocol 1936)."

"The BIS's original task of facilitating World War I reparation payments quickly became obsolete.... Instead, the BIS focused on its second statutory task, i.e. fostering the cooperation between its member central banks. It acted as a meeting forum for central banks and provided banking facilities to them. For instance, in the late 1930s, the BIS was instrumental in helping continental European central banks ship out part of their gold reserves to London."

"As a purportedly apolitical organization, the BIS was unable to prevent transactions that reflected contemporaneous geopolitical realities, but were also widely regarded as unconscionable. As a result of the policy of appeasement of Nazi Germany by the UK and France, in March 1939, the BIS was obliged to transfer 23 tons of gold it held, on behalf of Czechoslovakia, to the German Reichsbank, following the German annexation of Czechoslovakia."

"After World War II, the BIS retained a distinct European focus. It acted as Agent for the European Payments Union (EPU, 1950–58), an intra-European clearing arrangement designed to help the European countries in restoring currency convertibility and free, multilateral trade.[15] During the 1960s – the heyday of the Bretton Woods fixed exchange rate system – the BIS once again became the locus for transatlantic monetary cooperation. It coordinated the central banks' Gold Pool[16]: 416  and a number of currency support operations (e.g. Sterling Group Arrangements of 1966 and 1968[citation needed]. The Group of Ten (G10), including the main European economies, Canada, Japan, and the United States, became the most prominent grouping."

"In the 1990s–2000s, the BIS successfully globalized, breaking out of its traditional European core. This was reflected in a gradual increase in its membership (from 33 shareholding central bank members in 1995 to 60 in 2013, which together represent roughly 95% of global GDP)...."

"The BIS was originally owned by both central banks and private individuals, since the United States, Belgium and France had decided to sell all or some of the shares allocated to their central banks to private investors. BIS shares traded on stock markets, which made the bank an unusual organization: an international organization (in the technical sense of public international law), yet allowed for private shareholders. Many central banks had similarly started as such private institutions; for example, the Bank of England was privately owned until 1946. In more recent years the BIS has bought back its once publicly traded shares.[18] It is now wholly owned by BIS members (central banks), but still operates in the private market as a counterparty, asset manager and lender for central banks and international financial institutions.[19] Profits from its transactions are used, among other things, to fund the bank's other international activities."

Keep reading. Then start searching beyond this Wikipedia article.

Make sure you hold Alice's hand firmly. The rabbit hole is deep, with many twists and turns.

 

[prambo]

The global debt shitstorm is just getting started...

Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead

"A combination of sticky high interest rates and lacklustre global growth could push a number of emerging economies that are facing soaring refinancing needs into debt difficulties next year.

Many weaker economies navigated the fallout from the COVID-19 pandemic and the war in Ukraine with financing aid from multilateral and bilateral lenders."

I suggest that the highlighted sentence outlines a part of the scamdemic that was purposeful.

The PRC/CCP has their talons into a lot of 3rd world countries via the "Belt & Road Initiative".

In Kenya, they now own the railroad.

 

[John Stark]

Project Icebreaker: The Beginning Of A One World Digital Currency System? - Alt-Market.us

This article was written by Brandon Smith and originally published at Birch Gold Group There has been extensive discussion in...

alt-market.us

"In my investigations of various CBDC programs and how quickly they are progressing I came across an interesting program called “Project Icebreaker” being run by the Bank for International Settlements (BIS). For those not aware, the BIS is a globalist institution with a clandestine past known as the “central bank of central banks.” It is the policy making hub for most of the central banks in the world. If you ever wondered how it was possible for so many national central banks to operate in tandem with each other instead of acting in the interests of the countries they reside in, the BIS is the answer. In other words, organizations like the Federal Reserve are not necessarily loyal to Americans or to American officials, they are loyal to the dictates of the BIS.

The BIS is at the forefront of the movement towards the adoption of CBDCs. They have been funding a vast array of projects to test and refine CBDC technology and as of this year they estimate that at least 81 central banks around the world are in the midst of introducing digital currency systems.

Project Icebreaker in particular grabbed my attention for a number of reasons. The BIS describes the project as a foreign exchange clearing house for Retail CBDCs (retail CBDCs are digital currencies used by the regular public and businesses), enabling the currencies to be traded from country to country quickly and efficiently. This is accomplished using the “Icebreaker Hub”, a BIS controlled mechanism which facilitates data transfers for an array of transactions while connecting banks to other banks.

Investigating further I realized that the Icebreaker Hub in theory functions almost exactly like the SWIFT payment system used currently by governments and international banks. More than 10,000 financial institutions in 212 different countries use the SWIFT network to transfer funds overseas for their clients; it is an incredible centralization bottleneck that gives its shareholders considerable power....

Consider this, however – What if all monetary transactions were centralized through CBDCs and the BIS controlled the hub in which all retail CBDCs are exchanged globally? This is what Icebreaker is."

More Rabbit Hole. Be careful Alice.

 

[JaguarJaguarGolf]

Please correct me if I'm wrong:

Gold went up $16/oz yesterday.

Gold went up $17/oz so far this morning

?

 

[Defilade]

Please correct me if I'm wrong:

Gold went up $16/oz yesterday.

Gold went up $17/oz so far this morning

?

Yep, and shall skyrocket. It's real money. Not Fiat. Countries are hoarding it.

 

[spat]

The global debt shitstorm is just getting started...

Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead

"A combination of sticky high interest rates and lacklustre global growth could push a number of emerging economies that are facing soaring refinancing needs into debt difficulties next year.

Many weaker economies navigated the fallout from the COVID-19 pandemic and the war in Ukraine with financing aid from multilateral and bilateral lenders."

I suggest that the highlighted sentence outlines a part of the scamdemic that was purposeful.

The PRC/CCP has their talons into a lot of 3rd world countries via the "Belt & Road Initiative".

In Kenya, they now own the railroad.

China is playing a dangerous game there.

Countries don't declare bankruptcy when they can't pay their debts.

They "nationalize industries".

What's China going to do with that investment if Kenya declares the government owns those railroads and ports now.

Governments only owe debts while it's in their interest to owe them. Make the terms too onerous and the whole debt just evaporates

 

[John Stark]

Never say we weren't warned:

IMF Unveils Unicoin – a Global CBDC

As opponents of central bank digital currencies (CBDCs) are getting more vocal in their criticism of this type of digital

americafirstreport.com

A one-world government could not possibly exist if it did not have the means to control the wealth of the nations. And it certainly will not tolerate anyone buying or selling without its approval.

 

[Defilade]

 

[Defilade]

 

[Acer-m14]

the bottom text of that . .

buy gold and silver here .. okay ..

when i want to sell it .. what currency do i want back ?? and how many wheel barrows will i need ???

i was at the local bank here in town .. do you deal with precious metals .. gold / silver .. nope

so where do i cash my gold n silver in .. and for what ??

find a pawn shop ? lol

 

[spat]

the bottom text of that . .

buy gold and silver here .. okay ..

when i want to sell it .. what currency do i want back ?? and how many wheel barrows will i need ???

i was at the local back here in town .. do you deal with precious metals .. gold / silver .. nope

so where do i cash my gold n silver in .. and for what ??

find a pawn shop ? lol

Assuming they don't just do what they did the last time they "reset" the US economy because of a "crisis" and outlawed private ownership of gold.

You had to smuggle it across the border and trade it for Canadian dollars.

This time the Canucks will be in on the scam.

 

[Defilade]

the bottom text of that . .

buy gold and silver here .. okay ..

when i want to sell it .. what currency do i want back ?? and how many wheel barrows will i need ???

i was at the local bank here in town .. do you deal with precious metals .. gold / silver .. nope

so where do i cash my gold n silver in .. and for what ??

find a pawn shop ? lol

Bartering and pawn shops will be the new bank! Paper money will be laughed at.

 

[fresch]

So this is where "The Robber Barons" went.

 

[Drinkthekoolaid]

That's a month old, still relevant though