The Great Harlot has enriched herself and turned everyone into debt slaves.  However, just as the Apocalypse warned the whole monetary system is beginning to wobble.

 

The quant Zoltan Pozsar predicted an imminent Repo-(Apo)calypse before the year end. No liquidity with everyone settling their accounts etc. “It’s About To Get Very Bad” – Repo Market Legend Predicts Market Crash In Days. This guy is some sort of math genius financial super-brain.  I leave you to read the very complex article if you want but it it looks like he was right because the FED has responded massively with huge REPO amounts (but not QE as such LOL).  These are very complex financial shenanigans but here follows my take (an idiots guide) to what is happening. 

A simplified story (hope this idiots version is correct)

QE produced extra money which the banks kept in their reserves. Last year the FED stopped QE and started effectively “tightening” the balance sheet because the banks etc had enough free money.
Banks lend to each other to settle shortfalls at the end of each day and at the end of the month and especially at year end.  When the banks do not trust each other they refuse to lend each other money this is known as a “liquidity crisis”.

When this happens the central bank (The FED) steps in with REPO. Repo rate is the rate at which the central bank of a country lends money to commercial banks in the event of any shortfall of funds. REPO rate is used by monetary authorities to control inflation. REPO is similar but supposedly not the same as QE.  REPO is effectively settled (cancelled out and paid back the next day) and does not remain on the balance sheets -it is just the liquidity that keeps the system going. But they are not all overnight lending, and they are getting longer and longer dated. Plus the FED is monetizing them permanently removing them from the issuers balance sheet. In other words they are making it up as they go along.

It turns out that huge banks like J P Morgan bought Treasuries (as collateral) with their free QE money rather than hold onto their cash reserves. Therefore JPM could not offer cash to other banks for overnight settlement. JPM (and other banks) wanted to FORCE more QE because they like free money (who’d a thought?) that is why they spent their cash reserves.

Flooding the markets with funny money

Markets are OUT OF CONTROL — How can they calm the “markets” when it is crystal clear that they are using ‘tools’ that are supposed to be used ‘only’ in extremely severe emergencies such as deep RECESSION/DEPRESSION. — These actions should be interpreted as a loud ALARM BELL to indicate that the “markets” are really completely and totally OUT OF CONTROL and at any moment a CRASH is imminent. They are proving to everyone that they DO NOT have any real solution for the problem, and they are simply trying to kick the can down the road but it is NOT WORKING !! The prescription is not working and you’ll get the ‘same results’ the REPO problems will continue. Half a trillion dollars in 30 days… This seems totally sustainable. Carry on.

 

Of course, IF IT WORKS (because we have trillions in derivatives) it will drive up shares into the stratosphere but we probably have more QE coming as well. Which means a “crack-up” boom followed by inflation then deflation? Well, Legarde, the new head of the ECB said that “inflation (stealing) is coming” (who’d a thought?) and the fact is that a number of countries are repatriating gold (Slovak, Poland, Germany among others) which has historically been a hedge against devaluation. If central banks are stacking gold something is about to change!

Extreme concentration of ownership in the United States

A close-knit oligarchy controls all major corporations. Monopolization of ownership in US economy fast approaching Soviet levels. Anglo-Zionist “””capitalism””” (capitalism???? ha! ha! ha!ha! ha! ha!)

"The perfect dictatorship would have the appearance of democracy,
a prison without walls in which the prisoners would not dream of
escape. A system of slavery where, through consumption and 
entertainment,slaves would love their servitude." 

 

People don’t need truth. They need money, food, shelter and sex that they willingly exchange for slavery.  Debt is the absence of money. Debt is slavery. Real money carries no counter-party risk. This paper is just bank credit ( ( (USURY) ) ). Century of Enslavement: The History of The Federal Reserve Anglo-Zionist “””freedom”””” ha,ha,ha,ha!.

"It is easier to fool people than it is for people to 
admit they've been fooled"
-Mark Twain 

“What You Think Is Controlled By What You Watch, And What You Watch Is Controlled By The Elite”. Anglo-Zionist democracy…..your vote matters…ha,ha,ha,ha!