Let's not get too over-hyped about the recent Q post. It's not quite as simple as some are making it ("taking over the Rothschilds"), but it could be the beginning of the end of central banking (AND the income tax!). Here's my take. Anyone who understands the system is welcome to add/dispute, but "it's the jooos" is not a valid debate. So, here goes ...
An SPV is a "Special Purpose Vehicle." It is some sort of legal entity (corporation, trust, LLC, etc.) that is used for a specific purpose. Nothing magical about it, just that it is a legal entity used for a special purpose.
The Federal Reserve can print money out of nothing, but what can it do with that money? It can buy US gov't guaranteed assets, such as treasury debt and mortgage-backed securities. Since the FR has never been audited (in any meaningful sense), it can also spend money however it wants, with no accountability. That is the REAL power of a central bank. Print money out of nothing, use that money to buy interest-bearing notes, and then spend the income from that interest however the hell you want -- all with no accountability. Imagine what you could buy with unlimited income! What does the FR do with its expenses? Who are the "contractors" that siphon off the money? We don't know, because it has NEVER been audited.
So, because the FR cannot buy corporate bonds, for example, there is a problem. This economy is on the brink of disaster, not because of a cold virus, but because of a deep state plot to wreck the economy by fear mongering and getting their idiot bureaucrats to (unconstitutionally) shut down businesses.
Let's take General Moters as an example. GM is cranking along, and then suddenly vehicle sales falls through the floor. What to do? Sure, maybe convert to other production, like face masks, but this is a car company, not a face mask company. With sales dropping massively, the stock price does, too. It already has, in anticipation. But something else also happens.
GM cannot pay its debt. It borrows on bank loans, but it also borrows through the corporate bond market. Say it issues $100 million in bonds, the company gets $100 million cash in exchange for paying annual interest payments (say, 6%) for some period of time (say, 20 years). It pays off the principal at the end of the 20 years, with cash or by issuing more bonds, or more stock, or borrowing on loans, or whatever.
But with the current shock to the economy, what if it can't pay the interest on the bonds? Bankruptcy is likely. Bonds only get wiped out in bankruptcy after all stockholders get wiped out first. This means 401k's, pension funds, and investors all over the world lose all their stock equity and maybe some or all of their corporate bond investments, too. Huge financial wipeout. And GM is only one company. Multiple by 1,000 for the overall picture.
So, the FR might want to buy corporate bonds to stabilize the situation, but it is not allowed to. This is the reason for the SPV's. The SPV is set up, the US Treasury owns the stock of the SPV, and the FR makes loans to the SPV by printing money.
Then, the SPV (managed by Black Rock) purchases corporate bonds from GM and other companies. This provides liquidity to the markets. Mom and Pop get cash for their potentially-worthless GM bonds. Their 401k gets cash, as does their pension funds. Soon, the SPV owns all the GM bonds. GM now has only one bond holder, the US Treasury's SPV. This makes it possible for GM to negotiate a deal where they can have a moritorium on bond interest payment for some period of time until things improve. This means their interest expense goes to $0, making it easier to survive the economic crash. This also helps keep stockholders more satisified that there won't be a bankruptcy to wipe them out.
On it's face, this move is to provide liquidity to the financial markets and calm things down. It also serves as a real tool to keep corporate America in position to survive the economic crash that has been engineered by the criminal cabal.
Is there more to it than that? Maybe.
While the SPV's are busy buying up non-US gov't assets, the FR itself is busy buying up US treasuries. What treasuries are they buying?
As the federal government goes into overdrive to dish out money to people and businesses who have been harmed by the criminal cabal's scheme, the FR is buying up that new debt. The US gov't borrows the money by issuing bonds, and the FR is buying those bonds. But the FR is now geared up to buy way more bonds than just this amount. The FR is buying at a massive pace. There is already more than $22 trillion in federal bond debt. The FR is buying $625 billion per week, or $2.5 trillion per month! Some of that is NEW debt because of all the massive new spending, but the rest is buying other US debt (if they keep up that buying pace).
Who exactly owns the federal debt? There are two types of federal debt: marketable securities and non-marketable securities. Non-marketable securities are just a paper game where the US gov't "borrows" from the left pocket to put into the right pocket. Back when Bill Clinton was president, they claimed they had a budget surplus. It was a lie. They had shifted debt between the Social Security "trust fund" and the regular budget. In reality, total debt increased during this time because they were using real borrowed funds to pretend it was revenue.
Anyway, these funds owed by the US gov't to the US gov't are "non-marketable securities." They are not traded on the markets, because they are just debt on the books (left pocket/right pocket). They are an accounting gimmick.
The marketable securities, however, are real debt. The US gov't has not had a real budget surplus in many decades. It constantly spends more than it takes in in revenue, and the difference is borrowed each year. That's why the national debt is over $22 trillion.
Currently, the marketable securities are about $17 trillion of the $22 trillion, and the other $6 trillion are these non-marketable securities.
What these SPV's might be is a one-two punch to take down the Federal Reserve, AND ... eliminate the income tax!
As the FR prints money to fund the SPV's, which buy up corporate bonds and other non-gov't assets, the FR is also printing money to buy up US treasury debt. At $2.5 trillion in purchases per month, if the FR is buying the real debt and not the fake debt, then they will own ALL of it in about 7 months -- right around the time of the election.
Of course, if they are also using that new money to buy up the new bonds being printed because of the stimulus bill, then it would take a little longer. If they are also using that same money to fund the SPV's, then it will take longer still. But sooner or later, the FR will end up owning ALL OF THE DEBT -- either directly, or by issuing loans to the SPV's.
You see? Instead of everybody else being in debt to the Federal Reserve, the Federal Reserve will be in debt to everyone else!
And then ...
Congress passes a law abolishing the Federal Reserve, and letting it die in bankruptcy court. In bankruptcy court, all of its transactions for the past however many years would be made available to the trustees (and ultimately the public) to learn what they have been doing with all that money all these years.
The US Treasury then takes over the printing presses, but backed by gold.
Over time, and without interest-bearing money, the federal government could get back to its constitutional limitations, and Congress could abolish the income tax. This would be such a mind-blowing phenomenon to the general public that they would have NO CHOICE but to wake up.
Posted automatically (#101428) by the SearchVoat.co Cross-Link Bot. You can suppress these notifications by appending a forward-slash(/) to your Voat link. More information here. (@Jim_Bob: Click here to suppress your anonymous crosslink notifications)
Posted automatically (#101302) by the SearchVoat.co Cross-Link Bot. You can suppress these notifications by appending a forward-slash(/) to your Voat link. More information here. (@Jim_Bob: Click here to suppress your anonymous crosslink notifications)
Thank you for the fantastic article. You explained the nuts-and-bolts of how Federal Reserve system works.
From a slightly different vantage point, and in consideration of Trump now having control over the Federal Reserve, this news is a culmination of acts that Trump has been performing.
We have seen that control with Trump's shakeup of the IMF, the World Bank, and his trade deals. The US (ergo, Trump) has control over the IMF and World Bank, especially with appointing his "man" in those positions. This is why Trump called for the World Bank to halt loaning to China.
The Federal Reserve System is actually the world's largest running Ponzi scheme (PS). It has become increasingly over-extended and doing everything it can to keep from suddenly collapsing. A total reset is what the global elite has wanted for many years now. Several pieces had to be put into place before this could happen.
One of these mechanisms the FR has come up with was Quantitative Easing (QE). In the financial world, these are referred to haircuts. It is desired to "ease" us into this total reset. Otherwise, too much of a financial shock wave could awaken the world to their fraud. If this happened, extreme measures using police-state style force would have to be used. Obviously, this is something they want to avoid. I believe if the queen witch won the presidency, a very different set of circumstances would have occurred.
Trump was the proverbial 'wrench' in the wheel spokes that prevented the reset from occurring in their terms. A Ponzi scheme (PS) relies on two main factors to keep the fraud perpetuating: #1) Willing dupes, and #2) an ever increasing supply of new dupes coming into the system. One of the characteristics of a Ponzi scheme is that it must keep growing (accelerating) in order from collapsing. As it grows, it accelerates in its growth, ever increasing demands are required, and the frequency of demands accelerates until it becomes unmanageable. In order for it to survive, it needs to become increasingly unfettered to bring increasingly more people into the system. This is where the FR is today.
This helps to explain why Open Borders was such a important talking point to fulfill for the global elite and all their supporting caste of members (Refer to PS factor #2 above). What has Trump done with Open Borders? What is the coronavirus done? First, it's a travel ban with China, now the EU. Do you wonder why Trump exempted the UK? Did you see where Britain downgraded the coronavirus pandemic? It is providing support for populist UK and not for the Soviet European Union. EU business has to get channeled through UK. I can hear the sound of toll money already. The EU is a product of FRS and the model for the North American Union with the envisioned Amero as currency. It was created by them just as Israel was a Rothschild creation.
The FRS has had the absolute power to expand and contract the money supply. But at this point, there is nothing they can do to prevent the FRS collapse. A total reset needs to happen. And a completely new Ponzi scheme has to be set in to place. To the global elite, this would the introduction of a global digital currency. Why do you think Greece's financial restructuring required eliminating paper currency and implementing digital currency? The same thing is occurring in other countries as well. I believe Sweden has elected to go completely digital. Here in the US, other methods to entice people to use digital currency are now seen in shopping malls where entire areas require the use of only credit/debit cards and no paper currency/checks are allowed. The American dollar is still the reserve currency of the world. Why do think the FRS has publicly stated their desire to change the reserve currency to China? This was in preparation to launch the FRS financial reset. China has installed the infrastructure for the new age.
It is no secret that the vast majority of the FRS is based on petro-dollars. But, what has just happened to the price of oil? Do you think this is by accident? Do you think the prince of SA knows who controls the FRS? Why was there high level arrests in SA? Timing? Why did he announce lowering the price of oil at the same time the coronavirus hysteria is shutting down travel. The global elite can't escape. No in-person secret meetings. Avoid detection? All has to be done remotely. No Such Agency? Why has all entertainment shutting down? NBA? NHL? Mass arrests of gang members? DNC muscle? Who is actually contracting the coronavirus? Is it really the coronavirus? A cover? How do you shut down criminal operations? Border? Travel? Money supply? Causing China's economic collapse? Preventing the reset from occurring?
Yes, it is Trump's economy. The international banking system is no longer controlling their own destiny for reasons provided above. What does Trump have up his sleeves? Gold-based currency? Government issued currency? We shall soon find out.
Truly amazing! Best news in the midst of the FF pandemic. No wonder, PDT keeps saying,it’ll all be good. March is turning out to be a good month after all. God is so good.
view the rest of the comments →
VoutGuy ago
This pandemic is so worth it, then!
Jim_Bob ago
Can't create a new thread, so here goes:
Let's not get too over-hyped about the recent Q post. It's not quite as simple as some are making it ("taking over the Rothschilds"), but it could be the beginning of the end of central banking (AND the income tax!). Here's my take. Anyone who understands the system is welcome to add/dispute, but "it's the jooos" is not a valid debate. So, here goes ...
An SPV is a "Special Purpose Vehicle." It is some sort of legal entity (corporation, trust, LLC, etc.) that is used for a specific purpose. Nothing magical about it, just that it is a legal entity used for a special purpose.
The Federal Reserve can print money out of nothing, but what can it do with that money? It can buy US gov't guaranteed assets, such as treasury debt and mortgage-backed securities. Since the FR has never been audited (in any meaningful sense), it can also spend money however it wants, with no accountability. That is the REAL power of a central bank. Print money out of nothing, use that money to buy interest-bearing notes, and then spend the income from that interest however the hell you want -- all with no accountability. Imagine what you could buy with unlimited income! What does the FR do with its expenses? Who are the "contractors" that siphon off the money? We don't know, because it has NEVER been audited.
So, because the FR cannot buy corporate bonds, for example, there is a problem. This economy is on the brink of disaster, not because of a cold virus, but because of a deep state plot to wreck the economy by fear mongering and getting their idiot bureaucrats to (unconstitutionally) shut down businesses.
Let's take General Moters as an example. GM is cranking along, and then suddenly vehicle sales falls through the floor. What to do? Sure, maybe convert to other production, like face masks, but this is a car company, not a face mask company. With sales dropping massively, the stock price does, too. It already has, in anticipation. But something else also happens.
GM cannot pay its debt. It borrows on bank loans, but it also borrows through the corporate bond market. Say it issues $100 million in bonds, the company gets $100 million cash in exchange for paying annual interest payments (say, 6%) for some period of time (say, 20 years). It pays off the principal at the end of the 20 years, with cash or by issuing more bonds, or more stock, or borrowing on loans, or whatever.
But with the current shock to the economy, what if it can't pay the interest on the bonds? Bankruptcy is likely. Bonds only get wiped out in bankruptcy after all stockholders get wiped out first. This means 401k's, pension funds, and investors all over the world lose all their stock equity and maybe some or all of their corporate bond investments, too. Huge financial wipeout. And GM is only one company. Multiple by 1,000 for the overall picture.
So, the FR might want to buy corporate bonds to stabilize the situation, but it is not allowed to. This is the reason for the SPV's. The SPV is set up, the US Treasury owns the stock of the SPV, and the FR makes loans to the SPV by printing money.
Then, the SPV (managed by Black Rock) purchases corporate bonds from GM and other companies. This provides liquidity to the markets. Mom and Pop get cash for their potentially-worthless GM bonds. Their 401k gets cash, as does their pension funds. Soon, the SPV owns all the GM bonds. GM now has only one bond holder, the US Treasury's SPV. This makes it possible for GM to negotiate a deal where they can have a moritorium on bond interest payment for some period of time until things improve. This means their interest expense goes to $0, making it easier to survive the economic crash. This also helps keep stockholders more satisified that there won't be a bankruptcy to wipe them out.
On it's face, this move is to provide liquidity to the financial markets and calm things down. It also serves as a real tool to keep corporate America in position to survive the economic crash that has been engineered by the criminal cabal.
Is there more to it than that? Maybe.
While the SPV's are busy buying up non-US gov't assets, the FR itself is busy buying up US treasuries. What treasuries are they buying?
As the federal government goes into overdrive to dish out money to people and businesses who have been harmed by the criminal cabal's scheme, the FR is buying up that new debt. The US gov't borrows the money by issuing bonds, and the FR is buying those bonds. But the FR is now geared up to buy way more bonds than just this amount. The FR is buying at a massive pace. There is already more than $22 trillion in federal bond debt. The FR is buying $625 billion per week, or $2.5 trillion per month! Some of that is NEW debt because of all the massive new spending, but the rest is buying other US debt (if they keep up that buying pace).
Who exactly owns the federal debt? There are two types of federal debt: marketable securities and non-marketable securities. Non-marketable securities are just a paper game where the US gov't "borrows" from the left pocket to put into the right pocket. Back when Bill Clinton was president, they claimed they had a budget surplus. It was a lie. They had shifted debt between the Social Security "trust fund" and the regular budget. In reality, total debt increased during this time because they were using real borrowed funds to pretend it was revenue.
Anyway, these funds owed by the US gov't to the US gov't are "non-marketable securities." They are not traded on the markets, because they are just debt on the books (left pocket/right pocket). They are an accounting gimmick.
The marketable securities, however, are real debt. The US gov't has not had a real budget surplus in many decades. It constantly spends more than it takes in in revenue, and the difference is borrowed each year. That's why the national debt is over $22 trillion.
Currently, the marketable securities are about $17 trillion of the $22 trillion, and the other $6 trillion are these non-marketable securities.
What these SPV's might be is a one-two punch to take down the Federal Reserve, AND ... eliminate the income tax!
As the FR prints money to fund the SPV's, which buy up corporate bonds and other non-gov't assets, the FR is also printing money to buy up US treasury debt. At $2.5 trillion in purchases per month, if the FR is buying the real debt and not the fake debt, then they will own ALL of it in about 7 months -- right around the time of the election.
Of course, if they are also using that new money to buy up the new bonds being printed because of the stimulus bill, then it would take a little longer. If they are also using that same money to fund the SPV's, then it will take longer still. But sooner or later, the FR will end up owning ALL OF THE DEBT -- either directly, or by issuing loans to the SPV's.
You see? Instead of everybody else being in debt to the Federal Reserve, the Federal Reserve will be in debt to everyone else!
And then ...
Congress passes a law abolishing the Federal Reserve, and letting it die in bankruptcy court. In bankruptcy court, all of its transactions for the past however many years would be made available to the trustees (and ultimately the public) to learn what they have been doing with all that money all these years.
The US Treasury then takes over the printing presses, but backed by gold.
Over time, and without interest-bearing money, the federal government could get back to its constitutional limitations, and Congress could abolish the income tax. This would be such a mind-blowing phenomenon to the general public that they would have NO CHOICE but to wake up.
End the Fed.
SearchVoatBot ago
This comment was linked from this anonymous v/QRV comment.
Posted automatically (#101428) by the SearchVoat.co Cross-Link Bot. You can suppress these notifications by appending a forward-slash(/) to your Voat link. More information here. (@Jim_Bob: Click here to suppress your anonymous crosslink notifications)
SearchVoatBot ago
This comment was linked from this anonymous v/QRV comment.
Posted automatically (#101302) by the SearchVoat.co Cross-Link Bot. You can suppress these notifications by appending a forward-slash(/) to your Voat link. More information here. (@Jim_Bob: Click here to suppress your anonymous crosslink notifications)
itsmytime ago
Wow you went to a lot of work to write this up. Thank you.
G45Colt_II ago
Anyone who down-votes this is the enemy.
telleveryoneyouknow ago
Definitely the Jews...
late2thegame ago
Excellent information, thank you !
5B3854C ago
Thank you for the fantastic article. You explained the nuts-and-bolts of how Federal Reserve system works.
From a slightly different vantage point, and in consideration of Trump now having control over the Federal Reserve, this news is a culmination of acts that Trump has been performing.
We have seen that control with Trump's shakeup of the IMF, the World Bank, and his trade deals. The US (ergo, Trump) has control over the IMF and World Bank, especially with appointing his "man" in those positions. This is why Trump called for the World Bank to halt loaning to China.
The Federal Reserve System is actually the world's largest running Ponzi scheme (PS). It has become increasingly over-extended and doing everything it can to keep from suddenly collapsing. A total reset is what the global elite has wanted for many years now. Several pieces had to be put into place before this could happen.
One of these mechanisms the FR has come up with was Quantitative Easing (QE). In the financial world, these are referred to haircuts. It is desired to "ease" us into this total reset. Otherwise, too much of a financial shock wave could awaken the world to their fraud. If this happened, extreme measures using police-state style force would have to be used. Obviously, this is something they want to avoid. I believe if the queen witch won the presidency, a very different set of circumstances would have occurred.
Trump was the proverbial 'wrench' in the wheel spokes that prevented the reset from occurring in their terms. A Ponzi scheme (PS) relies on two main factors to keep the fraud perpetuating: #1) Willing dupes, and #2) an ever increasing supply of new dupes coming into the system. One of the characteristics of a Ponzi scheme is that it must keep growing (accelerating) in order from collapsing. As it grows, it accelerates in its growth, ever increasing demands are required, and the frequency of demands accelerates until it becomes unmanageable. In order for it to survive, it needs to become increasingly unfettered to bring increasingly more people into the system. This is where the FR is today.
This helps to explain why Open Borders was such a important talking point to fulfill for the global elite and all their supporting caste of members (Refer to PS factor #2 above). What has Trump done with Open Borders? What is the coronavirus done? First, it's a travel ban with China, now the EU. Do you wonder why Trump exempted the UK? Did you see where Britain downgraded the coronavirus pandemic? It is providing support for populist UK and not for the Soviet European Union. EU business has to get channeled through UK. I can hear the sound of toll money already. The EU is a product of FRS and the model for the North American Union with the envisioned Amero as currency. It was created by them just as Israel was a Rothschild creation.
The FRS has had the absolute power to expand and contract the money supply. But at this point, there is nothing they can do to prevent the FRS collapse. A total reset needs to happen. And a completely new Ponzi scheme has to be set in to place. To the global elite, this would the introduction of a global digital currency. Why do you think Greece's financial restructuring required eliminating paper currency and implementing digital currency? The same thing is occurring in other countries as well. I believe Sweden has elected to go completely digital. Here in the US, other methods to entice people to use digital currency are now seen in shopping malls where entire areas require the use of only credit/debit cards and no paper currency/checks are allowed. The American dollar is still the reserve currency of the world. Why do think the FRS has publicly stated their desire to change the reserve currency to China? This was in preparation to launch the FRS financial reset. China has installed the infrastructure for the new age.
It is no secret that the vast majority of the FRS is based on petro-dollars. But, what has just happened to the price of oil? Do you think this is by accident? Do you think the prince of SA knows who controls the FRS? Why was there high level arrests in SA? Timing? Why did he announce lowering the price of oil at the same time the coronavirus hysteria is shutting down travel. The global elite can't escape. No in-person secret meetings. Avoid detection? All has to be done remotely. No Such Agency? Why has all entertainment shutting down? NBA? NHL? Mass arrests of gang members? DNC muscle? Who is actually contracting the coronavirus? Is it really the coronavirus? A cover? How do you shut down criminal operations? Border? Travel? Money supply? Causing China's economic collapse? Preventing the reset from occurring?
Yes, it is Trump's economy. The international banking system is no longer controlling their own destiny for reasons provided above. What does Trump have up his sleeves? Gold-based currency? Government issued currency? We shall soon find out.
late2thegame ago
Thank you for the additional information. It has helped me understand better.
ouspensky ago
Ah this would explain the [4] year
It will take 4 years for all that to happen
VQTmom ago
Truly amazing! Best news in the midst of the FF pandemic. No wonder, PDT keeps saying,it’ll all be good. March is turning out to be a good month after all. God is so good.
RightSideUp17and6 ago
Wow. ThanQ! I call this comment a labor of love. Time will tell how this all rolls out.