You can't have a Conspiracy when the parties are outside the law. Conspiracies operate inside the law. You don't think that the Fed is beyond giving the money to the primary dealers to purchase debt??
Amico/a, as I said, those numbers are my estimate. I have already shown CNBC wrong, based on publicly available data. So what? Primary dealers are also public companies, whose financial statements are audited and scrutinized by shareholders. And yes, I am in denial of idiotic hypotheses that cannot be substantiated by a shred of evidence.
Gee, your estimates are beyond challenge but cnbc is bullshit? Maybe you should go on cnbc and clear this up.
Maybe I should... I just have one question for you... Do you have proof that Britney is not an alien or not ? I really need to know...
A lot of players would have to keep silent to rig the data to cover up such a fraud. This is a world where even inside traders like Galleon can't make money with their bribes. If you think the Fed is doing some backdoor funding mechanism, I suggest that would be a skillful coverup. More than skillful. Epic. Moon landing epic. Besides, the data I've showed you already demonstrate there was more than enough fund flows (and source of funds) to absorb all of last year's debt. Your suggestion is really not relevant in the face of much better data. When the Fed openly buys 300B, banks openly increase their treasury holdings (as counted by FDIC) by 50B, foreigners buy 500B, you only have a 450B gap. Then when you count all of the sources of demand and fund inflows (396B in bond funds alone, 1T of cash equiv on US corp balance sheets [fortune 500 only, not including all other businesses, private as well], etc) it becomes pretty obvious that last year's numbers balance out pretty well, no conspiracy necessary. The fact that the oversight committees and Fed audit organizations have no idea what is going on, and quote Bloomberg journalists that count notional exposures of "insurance agreements" as a worthwhile source is completely immaterial to this discussion. (yes, those off balance sheet positions are immaterial, because they do not represent the real flow of funds. Its kind of like saying we are 43T in debt right now because medicare is unfunded. Simply not true, as 1 act of congress can destroy the medicare program and eliminate that 43T of debt. So I ask you, was that 43T of "debt" ever "debt"? [no, it wasn't. because it was never lent nor borrowed.]).
Seriously? It's already in the thread. Look at TICs for the foreign #s. Look at my post for the bank depository 50B #. Look at common knowledge for 300B from the Fed. Then look at public data on a giant corporate cash hoard that needs a home in treasury data, public data on bond fund flows (I cited), etc. etc. It's all out there. .... Last thought: If anything, this crisis was proof that the "powers that be" or the "PPT" aren't very skilled nor relevant. If the "PPT" can't even prevent the stock market from falling 58%, then can these same people perfectly cover up a conspiracy? Highly improbable.
It not a fraud. It's not even illegal. The Fed works in secret and does what it wants. The claim is that the fed is buying the debt. There is no law that says they can't.
And its just a bad claim. There's more than enough data out there to refute it. Unless you believe there actually is no foreign demand for treasuries and the TICs data is fabricated from fantasy. I'm sure with enough follow through, you could find out who is the holder of every outstanding CUSIP ... I imagine at some level, that is public data.
What do you think about the $9 trillion in off balance sheet liablities mentioned in the Grayson video??